Orgenesis to Present Updates at Two Key June Conferences
May 30 2013 - 1:30PM
Orgenesis Inc. (OTCBB:ORGS) ("Orgenesis" or the "Company"), a
development-stage company with a novel therapeutic technology
dedicated to converting a patient's own liver cells into
functioning insulin-producing cells as a treatment for diabetes, is
pleased to announce that it will be presenting updates on the
Company's business and technology at two key conferences in the
month of June.
Orgenesis' CEO, Sav DiPasquale, will present a company overview
on June 10, 2013 at the IATI Biomed Conference in Tel Aviv, Israel.
This is Israel's premier life science conference showcasing the
country's most advanced companies and technologies. Last year's
event drew 6,000 industry players, engineers and scientists, with
1,000 participants from 42 countries and more than 3,500 one-on-one
meetings.
Prof. Sarah Ferber, Chief Science Officer of Orgenesis, will
speak at the International Society for Stem Cell Research ("ISSCR")
11th Annual Meeting on June 14, 2013 in Boston, MA. ISSCR is the
largest international interdisciplinary forum dedicated to stem
cell science. Prof. Ferber's talk will focus on the mechanism of
transdifferentiation and its implementation in autologous cell
replacement therapy for diabetic patients.
"We are very pleased to have these two important opportunities
to update investors, life science industry participants and cell
therapy experts on our progress to-date within the groundbreaking
field of transdifferentiation and the promise those advancements
may hold for the treatment of diabetes," said Mr. DiPasquale.
About Orgenesis Inc.
Orgenesis (OTCBB:ORGS) 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
CONTACT: Investor Contact:
Stephen Kilmer
Kilmer Lucas Inc.
T: 212-618-6347
stephen@kilmerlucas.com
Media Contact:
Leonard Zehr
Kilmer Lucas Inc.
T: (416) 833-9317
leonard@kilmerlucas.com
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