Orgenesis Inc.

02/06/2019 | Press release | Distributed by Public on 02/06/2019 07:35

Orgenesis’ CSO Sara Ferber to Present to the International Research Training Group Hosted by Technische Universität Dresden and the King's College London

GERMANTOWN, Md., Feb. 06, 2019 (GLOBE NEWSWIRE) -- Orgenesis Inc. (NASDAQ: ORGS), a developer of advanced cell therapies, manufacturer and service provider, today announced that Orgenesis' Chief Scientific Officer, Sara Ferber Ph.D. will present the Company's novel and proprietary autologous trans-differentiation cell therapy technologies for the treatment of diabetes at The International Research Training Group (IRTG) 2251 'Immunological and Cellular Strategies in Metabolic Disease' (ICSMD) retreat which is being held on February 4-7th, 2019 at King's College London.

The International Research Training Group (IRTG) 2251 'Immunological and Cellular Strategies in Metabolic Disease' retreat is a collaboration of the Technische Universität Dresden and the King's College London, which aims to provide attendees with a specialized but interdisciplinary program under the supervision of principal investigators and the opportunity to acquire certificates from both institutions.

About Orgenesis
Orgenesis is a biotechnology company specializing in the development, manufacturing and provision of technologies and services in the cell and gene therapy industry. The Company operates through two platforms: (i) a point-of-care ('POCare') cell therapy platform ('PT') and (ii) a Contract Development and Manufacturing Organization ('CDMO') platform conducted through its subsidiary, Masthercell Global. Through its PT business, the Company's aim is to further the development of Advanced Therapy Medicinal Products ('ATMPs') through collaborations and in-licensing with other pre-clinical and clinical-stage biopharmaceutical companies and research and healthcare institutes to bring such ATMPs to patients. The Company out-licenses these ATMPs through regional partners to whom it also provides regulatory, pre-clinical and training services to support their activity in order to reach patients in a point-of-care hospital setting. Through the Company's CDMO platform, it is focused on providing contract manufacturing and development services for biopharmaceutical companies. The CDMO platform operates through Masthercell Global, which currently consists of MaSTherCell in Belgium, Atvio in Israel and subsidiaries in South Korea and in the United States, each having unique know-how and expertise for manufacturing in a multitude of cell types. Additional information is available at: www.orgenesis.com.

Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements involve substantial uncertainties and risks and are based upon our current expectations, estimates and projections and reflect our beliefs and assumptions based upon information available to us at the date of this release. We caution readers that forward-looking statements are predictions based on our current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. Our actual results, performance or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, but not limited to, the success of our reorganized CDMO operations, the success of our partnership with Great Point Partners, our ability to achieve and maintain overall profitability, the sufficiency of working capital to realize our business plans, the development of our POCare strategy, our transdifferentiation technology as therapeutic treatment for diabetes which could, if successful, be a cure for Type 1 Diabetes, the technology behind our in-licensed ATMPs not functioning as expected, our ability to retain key employees, our competitors developing better or cheaper alternatives to our products and the risks and uncertainties discussed under the heading 'RISK FACTORS' in Item 1A of our Annual Report on Form 10-K for the fiscal year ended November 30, 2017, and in our other filings with the Securities and Exchange Commission. We undertake no obligation to revise or update any forward-looking statement for any reason.

Contact for Orgenesis:
Crescendo Communications, LLC
Tel: 212-671-1021
[email protected]

Source: Orgenesis Inc.

Released February 6, 2019