Pluristem Therapeutics Inc.,
Keeping people healthier for longer.
It’s no secret that people are living longer, and according to World Health Organization (WHO) by 2050 over 2 billion people will be over 60 years of age. One of the unfortunate side effects of longer life, however, is more people will suffer from medical conditions that result from aging. The costs of the health care systems and the economic burden will inevitably increase .That’s where Pluristem comes in.
Pluristem (NASDAQ , TASE: PSTI) is a leading regenerative medicine company developing novel placenta-based cell therapy products (PLX) that treat patients by stimulating their bodies’ own regenerative mechanisms. PLX cell products are off-the-shelf, requiring no tissue matching prior to administration, and can be delivered in any clinical setting through a simple intra-muscular injection. The injected cells release therapeutic proteins in response to inflammation, ischemia, muscle trauma, hematological disorders, and radiation damage.
The Company is currently conducting advanced stage clinical trials and nearing commercialization to deliver regenerative treatments. “Our two Phase III studies alone address multi-billion markets and critical unmet medical needs with regenerative treatments that are cost-effective and easy to deliver. Age-related chronic medical conditions will increase healthcare costs and require new and innovative ways to treat complex diseases. Pluristem aims to deliver regenerative medicine that will heal patients around the world, keeping people healthier for longer,” said Pluristem President & CEO Yaky Yanay.
Pluristem’s robust clinical pipeline includes two Phase III studies for its PLX-PAD product and two additional studies for its PLX-R18 product. A pivotal Phase III study in critical limb ischemia treats R5 patients who are unsuitable for revascularization surgery. The Company’s second Phase III study in muscle regeneration following hip fracture surgery addresses a growing need for an aging population, as there is currently no approved treatment for post-operative muscle regeneration. The Company’s PLX-PAD product was accepted as part of European Union’s accelerated adaptive pathway program, and the FDA Fast Track Designation.
Pluristem has one of the most robust IP portfolios in the cell therapy space with 140 granted and allowed patents, company-owned and operated, GMP-certified manufacturing and research facilities which is scalable and ready for marketing phase. Over $300M have been invested in the company since inception, of them $100M invested as non-dilutive funding such as the Israel innovation authority, the horizon 2020 program, and others. In addition, Pluristem also has strategic relationships with leading international collaborations that include the U.S. National Institutes of Health, Department of Defense, NASA, Duke University, Fukushima Medical University, Hadassah Medical Center, CHA Biotech, Thermo Fisher Scientific, and Charite’ among others.
For more information about how Pluristem can help people live healthier for longer visit www.pluristem.com
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