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Summary Letter to Hadasit Bio-Holdings Ltd. Shareholders
Date:10/26/2011

ect with an American company in July.  The company is also developing a kit based on innovative biomarkers, for cancer detection (breast and colon) in blood tests.  A trial based on samples from sick and healthy people from the Oncology department is headed by Prof. Tamar Peretz, and is making progress on a multi-centered trial kit.

BioMarCare laboratories are situated within the Hadassah Oncology department enabling close research and clinical cooperation including access to the hospital's sample archives.

KAHR Medical Ltd.

KAHR received a significant investment and vote of confidence from the pharmaceutical giant – Sanofi (formally known as Sanofi-Aventis). In addition, Sanofi committed to participate in an additional funding round for the company, which is currently being finalized.

KAHR Medical has breakthrough technology in the cancer and inflammatory fields. The treatment targets two complimentary attributes of the disease and provides a synergistic effect. A clinical trial is expected to begin towards the end of 2012 at Hadassah Hospital.

Cell Cure Neurosciences Ltd.

Cell Cure is active in the innovative field of driving and preparing fetal stem cells for the treatment of neurological and eye diseases. The aim of the company's leading product is to treat AMD disease (age-related macular degeneration), which is the main cause of blindness in the aging population. The company is nearing advanced trial stages of the animal model, which will form the basis for contact with regulatory authorities in Israel and abroad, so clinical trials can begin. The company has access to the hospital's cell pool, and to the researchers' expertise. Teva Ltd. and the American company BioTime Inc. are stockholders and partners in the company's progress.

In closing, I would like to thank all of our partners, shareholders, and dedicated employees for their support.  The entire Hadasit
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SOURCE Hadasit Bio-Holdings Ltd.
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