Full Press Release Details
NewcelX Strengthens Scientific Advisory Board
with Appointment of Jeremy Shefner, MD, PhD, Chief Medical Officer at the Barrow Neurological Institute
Zurich, Switzerland and Ness Ziona, Israel
- November 17, 2025 - NewcelX Ltd. (Nasdaq: NCEL) ("NewcelX" or "the Company"), a clinical-stage
biotechnology company developing cell-based and small-molecule therapies for neurodegenerative and metabolic diseases, today
announced the appointment of Prof. Jeremy Shefner, MD, PhD, to the Company's Scientific Advisory Board
Prof. Shefner is a highly respected neurologist specializing in amyotrophic
lateral sclerosis (ALS) and neuromuscular disorders. He serves as Professor of Neurology and Chief Medical Officer for Clinical Research
at Barrow Neurological Institute in Phoenix, Arizona - an internationally recognized leader in the treatment and research of neurological
diseases that is home to one of the largest multidisciplinary brain and spine programs in the United States and the world's largest
Phase 0 clinical trials program advancing innovative neurotherapeutics Link. He co-founded the Northeast ALS Clinical Trials Consortium
(NEALS) and has published more than 200 peer-reviewed papers on ALS biomarkers, clinical trial design and outcome measures Link.
In his role on the SAB of NewcelX, Prof. Shefner will provide strategic
guidance on the Company's programs in ALS, including the clinical development of AstroRx , and will support the integration
of neuromuscular and neurodegenerative disease expertise into the Company's broader platform of cell therapy and neuroscience innovation.
"We are very pleased to welcome Prof. Shefner to our Scientific
Advisory Board," said Ronen Twito, Executive Chairman & CEO of NewcelX. "His leadership in ALS research and trial
methodology strengthens our ability to bring advanced therapies to patients living with this devastating disease. His appointment underscores
our commitment to scientific excellence and rigorous clinical execution."
Prof. Shefner commented: "It is a privilege to join NewcelX's
SAB at this pivotal moment. I believe the Company's integrated approach-combining cell therapy and neuroscience-has
significant potential to address ALS and other neurodegenerative diseases."
NewcelX Ltd. (Nasdaq: NCEL) is a biotechnology
company developing cell-based and small-molecule therapies for neurodegenerative and metabolic diseases. The company's integrated
platform merges advanced stem-cell technologies with neuroscience expertise to deliver scalable, life-changing treatments targeting conditions
such as ALS and Type 1 Diabetes. Headquartered in Zurich, Switzerland, with research and development operations in Israel.
Forward-Looking Statements
This press release contains expressed or implied forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. For example, NewcelX
is using forward-looking statements when it discusses the anticipated contributions of Prof. Jeremy Shefner, MD, PhD and the potential
of NewcelX to address ALS and other neurodegenerative diseases. These forward-looking statements and their implications are based on the
current expectations of the management of NewcelX and are subject to a number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results
to differ materially from those described in the forward-looking statements: changes in technology and market requirements; potential
delays or obstacles in launching or completing clinical trials; products that may not be approved by regulatory agencies; technologies
that may not be validated or accepted by the scientific community; the inability to retain or attract key employees; unforeseen scientific
difficulties with products in development; higher-than-expected product costs; results in the laboratory that do not translate to clinical
success; insufficient patent protection; possible adverse safety outcomes; legislative changes; delays in developing or introducing new
technologies, products, or applications; and competitive pressures that could reduce market share or pricing. Except as otherwise required
by law, NewcelX does not undertake any obligation to publicly release revisions to these forward-looking statements to reflect events
or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks
and uncertainties affecting the Company is contained under the heading "Risk Factors" in its Annual Report on Form 20-F for
the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission ("SEC") and available at www.sec.gov,
as well as in subsequent filings made by NewcelX, including under the heading "Risk Factors" in its proxy statement/prospectus
filed with the SEC on November 6, 2025.
Investor & Media Contacts
Sarah Bazak, Investors relations
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