Celularity Inc. (NASDAQ: CELU) (“Celularity” or the
“Company”), a biotechnology company developing placental-derived
allogeneic cell therapies and biomaterial products, announced today
that the Company’s Founder and CEO, Dr. Robert Hariri, M.D., Ph.D.,
will present on the promise of cellular therapy to improve
longevity at this year’s ABUNDANCE Summit on March 21, 2024.
Dr. Hariri’s presentation, titled “The Cell Therapy Basis for
Longevity,” will discuss the potential for using cellular
therapeutics to address the biological ravages of aging by
combating immunosenescence, sarcopenia and degenerative diseases.
Dr. Hariri has led the effort to harness the unique biology of
placental-derived cells in a range of clinical indications,
including cancer, autoimmune and degenerative diseases. Dr. Hariri
will also discuss how cellular therapeutics derived from newborn
cells from the placenta can shift the biology of aging with the
potential to extend and preserve human performance with age.
“Celularity continues to invest in the research behind cellular
immunotherapy, which looks at how stem and immune cells can be used
to regenerate failing organs or damaged tissues that occur with
various age-related degenerative disorders and diseases,” said Dr.
Hariri. “We pioneered the use of cells derived from the postpartum
placenta, including stem and immune cells, and today, Celularity’s
Lifebank newborn cell banking division is the world’s largest
repository of autologous placental-derived cells. We believe that
scientists have only scratched the surface in terms of
understanding cellular immunotherapy’s full potential for improving
longevity.”
“The field of cellular medicine is uniquely poised to
revolutionize medicine as a whole through augmenting our biology,
immunity, and longevity,” added Dr. Peter Diamandis, M.D.,
Abundance360 and Singularity University Founder. “Dr. Hariri has
been a pioneer in cellular and regenerative medicine and his
seminal research, some of it going back to his graduate work at
Cornell, connected the biology of aging to the biology of
degenerative diseases, even cancer. At Celularity, Bob is making
significant progress in harnessing the unique power of cellular
medicine derived from the post-partum placenta, a technology he
discovered, to potentially delay or even reverse some of the
biological processes that contribute to aging. This work puts Dr.
Hariri at the forefront of the longevity movement, with his finger
on the pulse of the ever-changing landscape.”
The ABUNDANCE Summit will occur in Los Angeles, Calif., from
March 17 through 21, 2024.
About Celularity Celularity Inc. (NASDAQ:
CELU) is a biotechnology company leading the next evolution in
cellular and regenerative medicine by developing allogeneic,
cryopreserved, placental-derived cell therapies, including
therapeutic programs using mesenchymal-like adherent stromal cells
(MLASCs), T-cells engineered with CAR (CAR T-cells) and genetically
modified and unmodified natural killer (NK) cells. These
therapeutic programs target indications in autoimmune, infectious,
and degenerative diseases. In addition, Celularity develops,
manufactures, and commercializes innovative biomaterial products
also derived from the postpartum placenta. Celularity believes that
by harnessing the placenta’s unique biology and ready availability,
it can develop therapeutic solutions that address significant unmet
global needs for effective, accessible, and affordable
therapies.
Forward-Looking StatementsThis press release
includes “forward-looking statements” within the meaning of U.S.
The Private Securities Litigation Reform Act of 1995, as well as
within the meaning of Section 27A of the U.S. Securities Act of
1933, as amended, and Section 21E of the U.S. Securities Exchange
Act of 1934, as amended. All statements other than statements of
historical facts are “forward-looking statements,” including those
relating to future events. In some cases, you can identify
forward-looking statements by terminology such as “anticipate,”
“believe,” “can,” “contemplate,” “continue,” “could,” “estimate,”
“expect,” “forecast,” “intends,” “may,” “might,” “outlook,” “plan,”
“possible,” “potential,” “predict,” “project,” “promise” “seek,”
“should,” “strive,” “target,” “will,” “would” and the negative of
terms like these or other comparable terminology, and other words
or terms of similar meaning. The forward-looking statements in this
press release include statements regarding the ability of
Celularity to develop transformative therapies for patients with
neurological disorders using our technology platform employing
placental-derived cells, biological materials, and byproducts;
Celularity’s ability to advance our pipeline to address aging
related healthcare challenges, including cancer; as well as the
promise of cellular and regenerative therapy in treating
age-related cognitive decline; and the broad potential of
Celularity’s cell therapy portfolio, among others. Many factors
could cause actual results to differ materially from those
described in these forward-looking statements, including but not
limited to: the inherent risks in biotechnological development,
including with respect to the development of novel cellular
therapies, and the clinical trial and regulatory approval process;
and risks associated with Celularity’s current liquidity, as well
as developments relating to Celularity’s competitors and industry,
along with those risk factors set forth under the caption “Risk
Factors” in Celularity’s annual report on Form 10-K filed with the
Securities and Exchange Commission (SEC) on March 31, 2023, and
other filings with the SEC. If any of these risks materialize or
underlying assumptions prove incorrect, actual results could differ
materially from the results implied by these forward-looking
statements. There may be additional risks that Celularity does not
presently know, or that Celularity currently believes are
immaterial, that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
these forward-looking statements reflect Celularity’s current
expectations, plans, or forecasts of future events and views as of
the date of this communication. Subsequent events and developments
could cause assessments to change. Accordingly, forward-looking
statements should not be relied upon as representing Celularity’s
views as of any subsequent date, and Celularity undertakes no
obligation to update forward-looking statements to reflect events
or circumstances after the date hereof, whether as a result of new
information, future events or otherwise, except as may be required
under applicable securities laws.
Investor Contact: Carlos RamirezSenior
Vice President, Celularity Inc.Carlos.ramirez@celularity.com
Media Contacts: Caitlin Kasunich / Ali
NagyKCSA Strategic
Communicationsckasunich@kcsa.com / anagy@kcsa.com
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