HAIFA, Israel--(BUSINESS WIRE)--Feb. 8, 2006--Pluristem Life
Systems, Inc. (OTC BB:PLRS )
Company Identifies Simpler Approach for the Expansion of HSC Holding the
Potential to Garner Significant Results and Allowing for a Substantially
Larger Stem Cell Pool for Bone Marrow TransplantationPluristem Life
Systems, Inc. (OTC BB:PLRS - News), a biotechnology company dedicated to
the expansion of stem cells from umbilical cord blood to address a
myriad of fatal illnesses, today announced that a patent application has
been filed with the US Patent and Trademark Office for a new procedure
for expanding Hematopoeitic Stem Cells (HSC) and early progenitor cells
from Cord blood from non selected mono-nuclear cells (MNC) of the cord
blood.
The methodologies used in current HSC expansion protocols apply a
selection stage before the enrichment stage where the input cell
population is defined by the expression of a cell membrane marker -
CD34. This is a rare subpopulation of cells that are selected from large
and mixed populations of mononuclear cells.
The selection process is associated with several drawbacks. First, it
causes a substantial loss of source cells. Second and most importantly,
the selected population of cells may not represent the earliest
extractable population of HSC. Pluristem's expansion protocol is
intended to overcome both hurdles by using cord blood from non-selected
MNC to fuel the enrichment process.
This approach allows Pluristem to independently utilize two already
patent protected processes: the selection of CD34 cells and use of
proprietary manufactured cytokines.
Pluristem's advanced method for expanding target HSC population from
cord blood is a two-fold approach. First, a state-of-the-art patented
bioreactor mimicking the natural bone marrow environment is used.
Second, MNC rather than CD34 selected cells are targeted as the starting
source of HSC. The efficacy of the expansion process that utilizes
non-selected MNC of the cord blood is superior to what is currently
being achieved by using CD34 selected cells as the starting population
of cells.
"This application represents the broadening of Pluristem's already
strong and broad patent position in the area of stem cell expansion.
Unique to Pluristem's approach in the arena is the 'human'-like bone
marrow environment and the identification and use of CD34 marker stem
cells - clearly providing Pluristem with a potentially highly favorable
competitive stance in our industry," stated Zami Aberman, Pluristem's
CEO.
For more information, visit the Company's website at: www.pluristem.com.
Safe Harbor Statement
This press release contains statements, which may constitute
"forward-looking statements". Those statements include statements
regarding the intent, belief or current expectations of Pluristem Life
Systems, Inc., and members of our management as well as the assumptions
on which such statements are based. Forward-looking statements in this
release include statements regarding Pluristem independently utilizing
two already patent protected processes to overcome drawbacks in current
processes; that the efficacy of the expansion process that utilizes
non-selected MNC of the cord blood is superior to what is currently
being used by others; that Pluristem has a strong and broad patent
position in the area of stem cell expansion; that we have a potentially
highly favorable competitive stance in our industry. and that our
technology offers opportunities for therapeutic products. Actual
outcomes and our actual results could differ materially from those in
such forward-looking statements, as we may find that our processes do
not work as well in practice as in theory; we may encounter side effects
or other adverse consequences of using our technology; our current
patents may be attacked and defeated in patent proceedings; our patent
filings may be rejected by the patent offices; other companies may
discover and develop better or cheaper technologies that would render
our processes obsolete; and we may not have sufficient funding to
develop our technology. As well, our products may never develop into
useful products and even if they do, they may not be approved for sale
to the public. For further risk factors see the Company's latest 10-KSB
filed with the SEC.
|