I would like to thank you for your continued support. BrainStorm’s autologous MSC-NTF cell therapy has received Fast Track designation from the U.S. BrainStorm Cell Therapeutics is a biotechnology company developing innovative, autologous stem cell therapies for highly debilitating neurodegenerative diseases such as Amyotrophic Lateral Sclerosis (ALS, also known as Lou Gehrig's disease), Multiple Sclerosis (MS) and Parkinson’s Disease (PD). Initiating the EAP immediately after the Phase 3 trial's completion speaks to the promise of NurOwn's phase 3 clinical data, the urgent unmet medical need for ALS patients and our commitment to patients. Promote. While we did not demonstrate statistical significance in the primary efficacy endpoint in the full study population, pre-specified analyses suggest that NurOwn® has a clinically meaningful treatment effect. BrainStorm Cell Therapeutics Inc. is a leading developer of innovative autologous adult stem cell therapeutics for debilitating neurodegenerative diseases. Statements in this announcement other than historical data and information, including statements regarding future clinical trial enrollment and data, constitute "forward-looking statements" and involve risks and uncertainties that could cause BrainStorm Cell Therapeutics Inc.'s actual results to differ materially from those stated or implied by such forward-looking statements. Detailed analyses of the full study clinical and biomarker dataset can help demonstrate the potential of NurOwn technology in progressive MS. BrainStorm is a leader in developing innovative autologous cellular therapies for highly debilitating neurodegenerative diseases. In addition, we are expanding our pipeline with the application of our exosome platform technology to include new indications that have significant unmet medical need. BrainStorm has fully enrolled a phase 2 study of autologous MSC-NTF cells in patients with progressive multiple sclerosis (MS). We will provide an update when the minutes are finalized. Learn . BrainStorm’s autologous MSC-NTF cell therapy is investigational and not FDA approved. These appointments, as well as the other recent hires, are part of a strategic initiative to build a senior team with proven commercial capabilities, as we transition to potentially becoming a commercial organization. On April 3, 2020, the Company announced that its wholly owned subsidiary, BrainStorm Cell Therapeutics Ltd., has been awarded a new non-dilutive grant of approximately $1.5 million by the Israel Innovation Authority ("IIA"). Interactive … All Rights Reserved. BrainStorm Cell Therapeutics – an Israeli biomed company currently conducting Phase I/II clinical trials on patients suffering from ALS, reported that at least some of the patients treated with its NurOwn cell therapy shown considerable improvement including walking and talking after being unable to do so because of the progress of the disease. Prof. Jacob Frenkel joined us as Chairman of our Board earlier in the year. Our tech transfer to Catalent has already been initiated and will allow for continuous supply of NurOwn® for future clinical trials and initial commercialization. Dr. Setboun has extensive experience in the biopharmaceutical industry having held key leadership roles in commercial development and product launches at Biogen. Defining a new class of autologous cellular therapeutics. NurOwn is in clinical … 07.05.2020 - NEW YORK, N.Y., and TEL AVIV, Israel, May 07, 2020 (GLOBE NEWSWIRE) - BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a leading developer of adult stem cell … © Copyright 2019, BrainStorm Cell Limited. BrainStorm Cell Therapeutics . Furthermore, phase 3 cerebrospinal fluid neurodegenerative and inflammatory biomarkers were consistently modified by NurOwn treatment, supporting NurOwn's proposed mechanism of action in ALS. IATI (Israel Advanced Technology Industries) is Israel's umbrella organization of high-tech and life science industries. The forward-looking statements contained in this press release are based on the beliefs, expectations and opinions of management as of the date of this press release. In the pre-clinical study in mice, we demonstrated that intratracheal administration of exosomes extracted from Mesenchymal stem cells resulted in a statistically significant improvement in multiple lung parameters. These agreements will help to ensure an ongoing cGMP clinical supply of NurOwn® and will be integral to ensuring rapid access for patients following a potential regulatory approval. In 2021, we will leverage our strong financial position with over $40 million in cash and our experienced team will continue to be inspired by the ALS patients to bring our innovative treatment option forward while delivering value to our shareholders. We remain committed to bringing NurOwn® to patients with neurodegenerative diseases as a much-needed treatment option. Event Menu. ALS is a progressive neurodegenerative disease. We have made excellent progress in our NurOwn clinical program in progressive MS, despite some delays in clinical trial enrollment due to COVID-19 healthcare restrictions. Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel cellular therapies to treat unmet medical needs. These factors should be considered carefully, and readers should not place undue reliance on BrainStorm's forward-looking statements. In parallel with the clinical programs to advance NurOwn, Brainstorm is also working to establish the manufacturing capability necessary for a commercial ramp up. BrainStorm has been developing and commercializing NurOwn in partnership with Ramot, the business engagement unit of Tel Aviv University.NurOwn enables the production of growth … The Israel Innovation Authority (IIA) has awarded BrainStorm Cell Therapeutics a $2.1 million grant to support the development of NurOwn, an innovative mesenchymal stem cell-based platform to treat neurodegenerative diseases including amyotrophic lateral sclerosis (ALS).. NurOwn was developed by Tel Aviv University professors Dani Offen and the late Eldad … Event Menu. BrainStorm has completed a phase 3 pivotal trial using repeat-administration of autologous MSC-NTF cells in ALS in the United States. The estimated Net Worth of Malcolm S Taub is at least $585 Thousand dollars as of 14 December 2015. BrainStorm Cell Therapeutics, Inc. (NASDAQ: BCLI) is a clinical-stage, publicly-traded biotechnology company focused on the development of best-in-class autologous cellular therapeutics for the treatment of highly debilitating neurodegenerative diseases. The broader objective for NurOwn is to continue to grow a strong body of evidence for NurOwn in ALS, MS in addition to other neurodegenerative diseases. In addition, he makes $46,680 as Independent Director at Brainstorm Cell Therapeutics. Its subsidiary, Brainstorm Cell Therapeutics Ltd. (the Israeli Subsidiary), holds rights to commercialize the technology, NurOwn. Corporate Headquarters1325 Avenue of Americas, 28th FloorNew York City, NY 10019Phone: +1-201-488-0460. Trials despite the pandemic sclerosis ( MS ) leadership roles in commercial and. 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