NetworkNewsBreaks – Pluristem Therapeutics, Inc. (NASDAQ: PSTI) Shares Rise on New Publication Highlighting Utilization of Induced PLX Cells

Company: Pluristem Therapeutics, Inc. (PSTI)
Category: News

Shares of Pluristem Therapeutics Inc. (NASDAQ: PSTI) (TASE: PSTI) are up 7.4% after the company this morning announced the publication of a peer-reviewed article in the journal Scientific Reports, from the publisher of Nature, titled, “Human Placental-Derived Adherent Stromal Cells Co-Induced with TNF‑α and IFN‑γ Inhibit Triple-Negative Breast Cancer in Nude Mouse Xenograft Models.” The article discusses the findings of studies that examined the effect of PLX cells that had been induced with tumor necrosis factor alpha (TNF-α) and interferon-gamma (IFN-γ). Pluristem has filed patent applications relating to the technology for the induction of PLX cells and the use of these cells for the treatment of cancer. “We believe the findings show promise for the utilization of our induced PLX cells in slowing and reversing the growth of cancer cells, particularly for some cancers that don’t have viable treatment options,” Pluristem Chairman and Co-CEO Zami Aberman stated in the news release.

To view the full press release, visit http://nnw.fm/u20oC

About Pluristem Therapeutics

Pluristem Therapeutics Inc. is a developer of placenta-based cell therapy products. The company has reported robust clinical trial data in multiple indications for its patented PLX (PLacental eXpanded) cells, and is entering late-stage trials in several indications. The company’s PLX cell products release a range of therapeutic proteins in response to inflammation, ischemia, muscle trauma, hematological disorders, and radiation damage. The cells are grown using Pluristem ‘s proprietary three-dimensional expansion technology and can be administered to patients off-the-shelf, without tissue matching. Pluristem has a strong intellectual property position; company-owned and operated, GMP-certified manufacturing and research facilities; strategic relationships with major research institutions; and a seasoned management team. For more information, visit the company’s website at www.Pluristem.com.

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