BrainStorm Cell Therapeutics Inc. (BCLI.OB) Enters into a Strategic Agreement as it Approaches Clinical Trials for ALS
BrainStorm Cell Therapeutics Inc. has been gaining national recognition as a leading developer of adult stem cell technologies. Today, the company announced a major strategic agreement with Harlan Biotech Israel Ltd. (HBI) in order to complete pre-clinical safety experiments for the company’s innovative therapy for Amyotrophic Lateral Sclerosis (ALS), which is famously known as Lou Gehrig’s disease because it claimed the life of the famed baseball player. This agreement will add to another agreement entered with PPS which was announced on August 31, 2009. Together, these agreements will allow the young company to complete the experiments required to submit an…