NEW YORK--(BUSINESS WIRE)--
Pluristem Therapeutics Inc. (NASDAQ:PSTI)
(DAX:PJT), a bio-therapeutics company dedicated to the
commercialization of non-personalized (allogeneic) cell
therapy products for a variety of degenerative, ischemic and
autoimmune indications, announced today that the Company
will present at the LD Micro Conference on Tuesday, April
29th at 5:00 PM PDT. Senior Vice President Corporate
Development, William Prather RPh, MD, will represent the
Company. The conference will be held at the Omni Los Angeles
Hotel in Los Angeles, California.
LD MICRO is a by-invitation only newsletter firm that
focuses on finding undervalued companies in the micro-cap
space. Since 2002, the firm has published an annual list of
recommended stocks as well as comprehensive reports on
selected names throughout the year.
Mr. Zami Aberman, Pluristem's President & CEO, stated:
"We are pleased that LD MICRO has invited us to this
prestigious conference, which allows us to present
Pluristem's unique and innovative cellular therapeutics
business model to the investment community. Pluristem has
recently announced pre-clinical data that shows potential of
our PLX (Placental eXpanded) cells to be therapeutically
beneficial to millions of Stroke and MS patients, in
addition to those suffering from Peripheral Artery Disease
or in need of Bone Marrow Transplantation. This data
represents the ability of these cells to become a most
promising product of the 21st century."
For information on the list of presenting companies or to
register for the event, please visit
http://ldmicro.com or call
310-862-4512.
About Pluristem
Pluristem Therapeutics Inc. is a bio-therapeutics company
dedicated to the commercialization of non-personalized (allogeneic)
cell therapy products for the treatment of several severe
degenerative, ischemic and autoimmune disorders. The Company
is developing a pipeline of products, stored ready-to-use,
that are derived from the human placenta, a
non-controversial, non-embryonic, adult stem cell source.
These placental mesenchymal stromal cells (MSCs) are
expanded in the Company's proprietary PluriX(TM) 3D
bioreactor, which imitates the natural microstructure of
bone marrow and does not require supplemental growth factors
or other exogenous materials. Pluristem believes the
resultant PLX (PLacental eXpanded) cells are multi-potent
and able to differentiate into a variety of cell types.
Recent evidence also suggests their efficacy may be related
to the secretion of cytokines or other potent immune
modulators. Furthermore, PLX cells are immune privileged and
have immunomodulatory properties, thus protecting the
recipient from immunological reactions that often accompany
transplantations.
Pluristem's first product in development, PLX-PAD, is
intended to improve the quality of life of millions of
people suffering from peripheral artery disease (PAD). The
Company's products in development also include the PLX-BMT,
targeting the global shortfall of matched tissue for bone
marrow transplantation (BMT) by improving the engraftment of
hematopoietic stem cells (HSCs) contained in umbilical cord
blood; the PLX-STROKE, targeting ischemic stroke victims;
and the PLX-MS, targeting Multiple Sclerosis.
Pluristem has offices in the USA with research and
manufacturing facilities in Israel.
See our product animation on YouTube:
http://www.youtube.com/watch?v=OFhWXyJT6Us.
Safe Harbor Statement
This press release contains statements, which may
constitute "forward-looking statements" regarding our
intent, belief or current expectations. For example, when we
say that our recently announced pre-clinical data shows
potential of our PLX (Placental eXpanded) cells to be
therapeutically beneficial to millions of Stroke and MS
patients, in addition to those suffering from Peripheral
Artery Disease or in need of Bone Marrow Transplantation;
that this data represents the ability of these cells to
become a most promising product of the 21st century; we are
using forward-looking statements. Factors that could prevent
our forward looking statements from being achieved include
that we may be unable to get regulatory approval for our
products; we may be unsuccessful in developing any products;
our technology may not be validated as we progress further
and our methods may not be accepted by the scientific
community; we may be unable to retain or attract key
employees whose knowledge is essential to the development of
our products; unforeseen scientific difficulties may develop
with our process; results in the laboratory may not
translate to equally good results in real surgical settings;
our patents may not be sufficient to protect essential
aspects of our technology; competitors may invent better
technology; our products may not work as well as hoped or
worse, our products may harm recipients; and we may not be
able to raise funds for development or working capital when
we require it. 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.
For more information visit our website at
www.pluristem.com,
the content of which is not part of this press release.
Source: Pluristem Therapeutics Inc.