Panel: Disrupting the Pharma Model With Allogeneic Stem Cell Therapies

HAIFA, Israel, Feb. 13, 2014 (GLOBE NEWSWIRE) -- Pluristem Therapeutics, Inc. (Nasdaq:PSTI) (TASE:PLTR), a leading developer of placenta-based cell therapies, today announced that its CEO and Chairman, Zami Aberman, will be a speaker on a panel titled, "Disrupting the Pharma Model with Allogeneic Stem Cell Therapies - Part I" at the 9th Annual Stem Cell Summit. The summit will take place in New York on Tuesday, February 18th, 2014.

The Stem Cell Summit has set the following agenda for Mr. Aberman's panel:

The Pharma model may be broken. Can allogeneic stem cell therapies save it? Traditional drug development means screening 10,000 compounds to get to 250 animal study candidates to get to 10 human study candidates to market 2 drugs. It takes so long that patents expire and costs can reach $500 million. Could stem cell therapies turn the Pharma model on its head?

The summit convenes more than 30 of the world's leaders in the stem cell industry. The Stem Cell Summit's aim is to bring the future of this dynamic industry to life for investors, industry, practitioners, and analysts.

About Pluristem Therapeutics

Pluristem Therapeutics Inc. is a leading developer of placenta-based cell therapies. The Company's patented PLX (PLacental eXpanded) cells are a drug delivery platform that releases a cocktail of therapeutic proteins in response to a host of local and systemic inflammatory and ischemic diseases. PLX cells are grown using the company's proprietary 3D micro-environmental technology and are an "off-the-shelf" product that requires no tissue matching prior to administration.

Pluristem has a strong intellectual property position, company-owned GMP certified manufacturing and research facilities, strategic relationships with major research institutions and a seasoned management team. For more information visit www.pluristem.com, the content of which is not part of this press release.

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