BCLI Brainstorm Cell Therapeutics

BrainStorm Poster Receives Clinical Abstract Award at NEALS Conference

BrainStorm Poster Receives Clinical Abstract Award at NEALS Conference

Translational Insights Support NurOwn® as a Best-In-Class Strategy in ALS

NEW YORK and PETACH TIKVAH, Israel, Oct. 04, 2018 (GLOBE NEWSWIRE) -- BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a leading developer of innovative autologous adult stem cell therapeutics for debilitating neurodegenerative diseases, announced today that their scientific abstract presented by Dr. James Berry entitled, “MicroRNA Changes in the NurOwn® Phase 2 ALS Randomized Clinical Trial: Relationship to Neuroprotection and Innate Immunity”, received the clinical abstract award at this year’s Annual Northeast Amyotrophic Lateral Sclerosis (NEALS) Conference. The 17th Annual NEALS Conference concludes today in Clearwater, Florida.

The NEALS Consortium is an organization focused on translating scientific advances into novel treatment options for patients with high unmet need in ALS and Motor Neuron Disease (MND). Ralph Kern M.D., MHSc, COO & CMO, said “BrainStorm is honored to participate at this year’s NEALS conference and to have our ALS translation research recognized. Receiving this prestigious award acknowledges the potential significance of our early translational insights in support of NurOwn® as a best-in-class autologous cellular therapeutic approach to treat ALS.”     

NEALS Clinical Poster #23, entitled “MicroRNA Changes in the NurOwn® Phase 2 ALS Randomized Clinical Trial: Relationship to Neuroprotection and Innate Immunity.”

  • Presenter: James Berry M.D., MHSc, Massachussetts General Hospital
  • Key Academic Collaborators:
    • Massachusetts General Hospital: James Berry, M.D. and Merit Cudkowicz, M.D.
    • University of Massachusetts: Robert Brown, M.D. and Margaret Ayo Owegi, D.O.
    • Mayo Clinic: Anthony Windebank, M.D. and Nathan Staff, M.D., Ph.D.
  • Objective:
    • To relate CSF miRNA changes to CSF biomarkers of apoptosis and innate immune activation in pre- and 2-weeks post-intrathecal (IT) transplantation of MSC-NTF cells in a NurOwn® Phase 2 trial (NCT02017912).
  • Conclusions
    • The biomarker data demonstrated increases in miRNA 132 and miRNA 146a and statistically significant decreases in MCP-1, SDF-1, CHIT-1 and Caspase-3 levels in CSF following a single MSC-NTF cell transplantation in the NurOwn® Phase 2 trial.
    • The data presented suggests that miRNA secreted by MSC-NTF cells may contribute to CSF biomarker evidence of neuroprotection and immunomodulation.
    • Additional miRNA evaluation and biomarker correlations will be examined in the ongoing NurOwn® Phase 3 pivotal trial in ALS (NCT03280056).
  • For more information:

About BrainStorm Cell Therapeutics Inc.

BrainStorm Cell Therapeutics Inc. is a leading cellular therapy biotechnology company engaged in the development of first-of-its-kind adult stem cell therapies derived from autologous bone marrow cells for the treatment of neurodegenerative diseases. The Company holds the rights to clinical development and commercialization of the NurOwn® technology platform through an exclusive, worldwide licensing agreement. NurOwn® has received Fast Track designation from the U.S. Food and Drug Administration (U.S. FDA) in ALS and has additionally been granted Orphan Status by the U.S. FDA and the European Medicines Agency (EMA). For more information, visit BrainStorm's website at .

About NurOwn® Phase 3 Clinical Program in ALS

BrainStorm is currently enrolling a Phase 3 pivotal trial investigating repeat-administration of NurOwn® in ALS at six clinical sites in the U.S., supported by a grant from the California Institute for Regenerative Medicine (CIRM CLIN2-0989). The study will enroll 200 ALS patients, randomized 1:1 to receive NurOwn® or placebo, and will evaluate the ALS functional rating scale (ALSFRS-R) responder analysis as a primary efficacy outcome measure (NCT03280056). On August 23, 2018, BrainStorm announced a successful pre-specified interim safety analyses by an independent Data Safety Monitoring Board (DSMB). The completion of Phase 3 enrollment is anticipated in 1H2019 and is expected to support a BLA filing for FDA approval of NurOwn® in ALS.

About U.S. Sites for NurOwn® Phase 3 Trial in ALS

  1. University of California Irvine; Principal Investigator: Namita Goyal, M.D.         
  2. Cedars-Sinai Medical Center; Principal Investigator: Robert Baloh, M.D.         
  3. California Pacific Medical Center; Principal Investigator: Robert Miller, M.D.         
  4. Massachusetts General Hospital; Principal Investigator: James Berry, M.D.
  5. University of Massachusetts Medical School; Principal Investigator: Robert Brown, M.D.
  6. Mayo Clinic; Principal Investigator: Anthony Windebank, M.D.

Safe Harbor Statements     

Statements in this announcement other than historical data and information 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. Terms and phrases such as "may", "should", "would", "could", "will", "expect", "likely", "believe", "plan", "estimate", "predict", "potential", and similar terms and phrases are intended to identify these forward-looking statements. The potential risks and uncertainties include, without limitation, risks associated with BrainStorm's limited operating history, history of losses; minimal working capital, dependence on its license to Ramot's technology; ability to adequately protect the technology; dependence on key executives and on its scientific consultants; ability to obtain required regulatory approvals; and other factors detailed in BrainStorm's annual report on Form 10-K and quarterly reports on Form 10-Q available at . These factors should be considered carefully, and readers should not place undue reliance on BrainStorm's forward-looking statements. 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. We do not assume any obligation to update forward-looking statements to reflect actual results or assumptions if circumstances or management's beliefs, expectations or opinions should change, unless otherwise required by law. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements.

Contacts

Corporate:

Uri Yablonka

Chief Business Officer

BrainStorm Cell Therapeutics Inc.

Phone: 646-666-3188

Investors:

Michael Rice

LifeSci Advisors LLC

Phone: 646-597-6979

 

EN
04/10/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Brainstorm Cell Therapeutics

Research Team ACF
  • Research Team ACF

BrainStorm Cell Therapeutics (BCLI) Update Note 03102024

BrainStorm Cell Therapeutics Inc. (Nasdaq: BCLI) develops NurOwn® stem cell therapy for NDDs – BCLI’s first target is ALS (MND/Lou Gehrig’s). We have stress tested our valuation vs. current global and market events as well as and BCLI’s reverse stock split (R/S) 30 Sept 2024 (to maintain Nasdaq listing). Whilst there are pros and cons – our risk adjusted WACC has increased and NPV reduced, our conservative base case expected dilution assumptions have improved with R/S and Nasdaq compliance and o...

Research Team ACF
  • Research Team ACF

BrainStorm Cell Therapeutics (BCLI) Flash Note 30092024

BrainStorm Cell Therapeutics Inc. (Nasdaq: BCLI) develops NurOwn® stem cell therapy for NDDs – BCLI’s first target is ALS (MND/Lou Gehrig’s). BCLI on Friday confirmed its reverse stock split (R/S) to become effective today 30 Sept 2024 (to maintain Nasdaq listing). Reverse stock splits are often (though not always) an effective mechanism and often lead to an upwards re-rating as psychological market factors come into play. There is also a usual market clearing mechanism that often leads to net s...

Research Team ACF
  • Research Team ACF

BrainStorm Cell Therapeutics (BCLI) Update 23072024

BrainStorm Cell Therapeutics Inc. (Nasdaq: BCLI) develops NurOwn® stem cell therapy for NDDs – BCLI’s first target is ALS (MND/Lou Gehrig’s). Since initiation – CMC FDA questions resolved, commercialization team in place, raised US$ 4m (gross) enabling PIIIb rollout start, signed a CRO and lined up a commercial manufacturer, shortening the BLA timeline. Whilst the US$ 4m raise and new warrants dilution effect has reduced our value range ~5%, it remains well above our >10x return investment hypot...

Research Team ACF
  • Research Team ACF

BrainStorm Cell Therapeutics (BCLI) Initiation 11062024

BrainStorm Cell Therapeutics Inc. (Nasdaq: BCLI, Biotech) is focused on developing autologous mesenchymal stem cell (MSC) therapies for the treatment of neurodegenerative diseases (NDDs) – BCLI’s primary target is the fatal amyotrophic lateral sclerosis (ALS/MND/Lou Gehrig’s). Post hoc analysis of BCLI’s PIII trial data shows BCLI’s NurOwn® (debamestrocel, MSC-NTF), has statistically significant clinical effects on early-stage ALS sufferers and that placebo trialists deteriorate faster. Peer rev...

Research Team ACF
  • Research Team ACF

Regenerative Healthcare - Stem Cells & ALS Thematic 10062024

Regenerative medicine remains an extremely exciting area of healthcare with vast investment potential. In spite of the usual setbacks in valuation and strategy, the sub-sector has pivoted and the market remains innovative and attracts investment capital. Rather than replace entire tissues, which is a complex activity, we believe the immediate future for stem cells is more likely to be in the successful stimulation of the bodies on repair mechanisms. Within regenerative medicine we believe there ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch