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Hadasit Bio-Holdings Ltd. Portfolio Company - Cell Cure Neurosciences Ltd. Received Additional Government Support
Date:5/23/2013

n and is the leading cause of blindness in the adult population of the western world, and yet there is no FDA approved treatment to date. Stem cell therapy may be a solution for a variety of diseases, but Cell Cure is focusing initially on AMD as it addresses an unmet medical need as well as a preferable regulatory route for this highly innovative treatment.  We believe that this external, non-dilutive funding to further advance our portfolio company's research and development as well as future collaborations with strategic partners in the pharmaceutical industry will continue to build value for the shareholders of Hadasit Bio-Holdings Ltd."

The OCS grant awarded to Cell Cure was previously announced by BioTime (NYSE MKT: BTX) on May 13, 2013.

For more information on Cell Cure please visit: www.cellcureneurosciences.com

For more information about Hadasit Bio-Holdings please visit: www.hbl.co.il

Investor Contact:
KCSA Strategic Communications
Phil Carlson / Josh Dver
212.896.1233 / 1239
pcarlson@kcsa.com / jdver@kcsa.com 


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