Orgenesis Inc. Appoints Ex FDA Officer and Diabetes Authority to Scientific Advisory Board
April 23 2012 - 8:00AM
Marketwired
Orgenesis Inc. (OTCBB: ORGS) ("Orgenesis" or
the "Company"), a development stage company with a novel
therapeutic technology dedicated to convert a patient's own liver
cells into functional insulin-producing cells as a treatment for
diabetes, is very pleased to announce the appointment of Dr. G.
Alexander Fleming, M.D. to the Company's Scientific Advisory Board.
Dr. Fleming is a board certified endocrinologist with medical
and research training at Emory, Vanderbilt, and National Institutes
of Health. He served as reviewer and supervisory medical officer
for 12 years at the FDA and brings extensive clinical experience
and regulatory responsibility in the therapeutic area of diabetes
and other general metabolic, bone, and endocrine disorders, growth
and development, nutrition, lipid-lowering compounds, and
reproductive indications. He led reviews of landmark approvals
including those of the first statin, insulin analog, metformin,
PPAR-agonist, and growth hormone for non-GH deficiency indications.
He was responsible for the regulation of the earliest biotech
products including human insulin and growth hormone. Dr. Fleming
helped to shape a number of FDA policies and practices related to
therapeutic review and regulatory communication and represented FDA
at the International Conference on Harmonisation (ICH) and the
World Health Organization, where he was stationed in 1992-93.
He serves on numerous scientific advisory boards, expert
committees, and corporate boards. He has continued to promote
dialogue and creativity within the community of therapeutic
developers. Dr. Fleming has authored the book "Optimizing
Development of Therapies for Diabetes" and a wide variety of
scientific and policy publications. He has served as an invited
editorialist to The New England Journal of Medicine and as a
commentator on National Public Radio.
Company CEO Jacob BenArie commented, "As we continue to move
towards advanced stage trials of our technology, the need to ensure
our research is not only scientifically sound, but also compliant
with senior medical regulatory approval organizations is of
paramount importance. With the advice and guidance of Dr. Fleming
we feel certain that we can focus our efforts efficiently in order
to maximize our ability to achieve our stated goals as quickly as
possible."
Dr. Fleming responded, "I am honored to support a program that
not only has major potential for helping patients but is driven by
fascinating, elegant science. I am focusing my passion and energy
around solutions to restore normal insulin secretion in people with
diabetes, which is the fundamental unmet clinical need stretching
across the entire spectrum of diabetes. I believe Orgenesis can
advance Sarah Ferber's technology into a breakthrough treatment if
not cure of T1 diabetes."
Orgenesis invites interested readers to visit our website at
www.orgenesis.com to find out more about the Company and its goal
to bring about the end of diabetes as we now know it.
Further details of the Company's business, finances,
appointments and agreements can be found as part of the Company's
continuous public disclosure as a reporting issuer under the
Securities Exchange Act of 1934 filed with the Securities and
Exchange Commission's ("SEC") EDGAR database. For more information
visit: www.orgenesis.com.
About Orgenesis Inc. (OTCBB: ORGS)
Orgenesis is a development stage company with a novel therapeutic
technology that employs a molecular and cellular approach directed
at converting a patient's own liver cells into functional insulin
producing cells, as a treatment for diabetes. The Company believes
that converting the diabetic patient's own tissue into
insulin-producing cells overcomes the problem of donor shortage and
removes the risk of transplant rejection. If successful, this could
mean the end of diabetes as we now know it. For more information
visit: www.orgenesis.com.
Notice Regarding Forward-Looking
Statements This news release contains "forward-looking
statements" which are not purely historical. Such forward-looking
statements include, among other things, the expectations of
management that our regeneration technology can be developed as
therapeutic treatment for diabetes. No assurance can be given that
any of the events anticipated by the forward-looking statements
will occur or, if they do occur, what benefits the Company will
obtain from them. Actual results could differ from those projected
in any forward-looking statements due to numerous factors. Such
factors include, among others, the inherent uncertainties
associated with new projects and development stage companies .which
include, without limitation, the potential failure of development
candidates to advance through preclinical studies or demonstrate
safety and efficacy in clinical testing and the ability to pass
clinical trials so as to move on to the next phase, our ability to
retain key employees and our ability to finance development or
satisfy the rigorous regulatory requirements for new medical
procedures. Competitors may develop better or cheaper alternatives
to our products. These forward-looking statements are made as of
the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Investors should refer to the risk
factors disclosure outlined in our periodic reports filed from
time-to-time with the Securities and Exchange Commission.
On Behalf of the Board Orgenesis Inc.
Vered Caplan, Chairperson
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Contact: Investor Relations Crescendo Communications, LLC
Email: orgs@crescendo-ir.com Tel: +1-877-560-9060 Web:
www.orgenesis.com
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