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Biotech / Medical : Pluristem Therapeutics
PSTI 8.720+0.2%Aug 14 5:00 PM EST

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From: xcentral17/26/2012 12:59:33 PM
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U.S. National Institutes of Health to Support Development of Pluristem's PLX-RAD Cells for Treatment of Acute Radiation Syndrome

Data Generated by NIH's Evaluation of Pluristems's PLX Cells Will Support Multiple Other Indications Including Bone Marrow Failure

HAIFA, Israel, Jul 26, 2012 -- Pluristem Therapeutics, Inc. (Nasdaq:PSTI) (TASE:PLTR), a leading developer of placenta-based cell therapies, today announced that it has received an invitation from the U.S. National Institute of Allergy and Infectious Diseases (NIAID), a division of the U.S. National Institutes of Health, to submit its PLacental eXpanded (PLX) cells to the agency for evaluation in models of the acute radiation syndrome (ARS).
ARS results from exposure to high doses of ionizing radiation from a nuclear event, such as a nuclear power plant accident. Candidate drug evaluations could include pharmacokinetic, dosing, dose schedule optimization and efficacy studies in both the hematopoietic and gastrointestinal syndromes of ARS and will be performed, subject to NIAID approval, at NIAID contract facilities.

"We are looking forward to establishing a relationship with NIAID that will help develop a treatment to mitigate the devastating consequences of exposure to toxic levels of radiation," said Zami Aberman, Chairman and CEO of Pluristem. "In addition to developing a treatment for ARS, the data generated from future studies will also be extremely useful in helping us use our PLX cells for other indications, such as the rescue of bone marrow following radiotherapy or chemotherapy."

Pluristem had previously announced that in animal testing, under a collaborative agreement with Prof. Raphael Gorodetsky, the Head of Laboratory of Biotechnology and Radiobiology at Hadassah University Medical Center, animals treated with PLX-RAD cells experienced a four-fold increase in the survival rate accompanied by a corresponding weight regain seen in irradiated animals, versus those treated with the placebo. Those studies were conducted as governments around the world have broadened their search for easily administered and effective radiation countermeasures.

"NIAID extended this invitation to Pluristem after the Company presented animal data demonstrating the efficacy of PLX cells in the treatment of ARS earlier this year," said Liat Flaishon MD, PhD, Product & Business Development director and head of the ARS Project at Pluristem. "The agency subsequently commented that the data provided by Pluristem was of great interest to NIAID and aligns well with their product development pathway in finding a successful treatment for ARS."

About Acute Radiation Syndrome (ARS)

ARS represents a constellation of signs and symptoms that occur between several minutes and several weeks after exposure to high doses of ionizing radiation and involves multiple organs like hematological, gastrointestinal, and neurovascular. The hematological syndrome follows damage to the bone marrow and is characterized by severe decreases in red and white blood cells as well as platelets that predispose the affected people to infection, bleeding and subsequently death.

The gastrointestinal syndrome follows damage of the gastrointestinal tract by the radiation and results in infection, dehydration, and electrolyte imbalance that can lead to death within 2 weeks.

About NIAID

The National Institute of Allergy and Infectious Diseases (NIAID) conducts and supports basic and applied research to better understand, treat, and ultimately prevent infectious, immunologic, and allergic diseases. For more than 60 years, NIAID research has led to new therapies, vaccines, diagnostic tests, and other technologies that have improved the health of millions of people in the United States and around the world.
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