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Biotech / Medical : BCLI - BrainStorm Cell Therapeutics Inc.
BCLI 0.680+4.6%Nov 3 3:59 PM EST

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From: midastouch0172/27/2006 10:29:56 AM
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BrainStorm's Stem Cell Hospital Partnering Gets Media Coverage

Monday February 27, 9:17 am ET

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Feb. 27, 2006--BrainStorm Cell Therapeutics (OTCBB: BCLI - News), the developer of NurOwn(TM) bone marrow derived stem cell therapeutic products for the treatment of neurodegenerative diseases, announced today that a cover story article about BrainStorm appears in the Vol.6 Issue 1 edition of BioIsrael, a magazine covering Israeli biotechnology. The article is titled "Stem Cells Bring New Business Models: BrainStorm Beefs Up Revenue-Sharing With Hospitals" and includes an interview with Yoram Drucker, Chief Operations Officer and Principal Executive of BrainStorm. The article may be viewed at www.bioisrael.com

Brainstorm recently announced that it had successfully used its stem cell technology to derive olgodendrocyte-like cells as a potential therapy for Multiple Sclerosis.

In other studies, Brainstorm has successfully used bone marrow stem cells to produce dopaminergic-like cells shown to be capable of dopamine secretion and to benefit animal models of Parkinson's disease.

Brainstorm also has used its bone marrow stem cell technology to produce astrocyte-like cells with the capacity of producing glial derived neurotrophic factor (GDNF), the most potent neurotrophic factor known for dopaminergic neurons . Transplanted dopamine- and GDNF producing-cells, acting on their own or in combination, hold great promise for replacement and preservation of neurons in Parkinson's and other neurodegenerative diseases.

biz.yahoo.com

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