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Filed by newsfilecorp.com For Immediate Release Orgenesis Appoints Itamar Raz as Newest Member of Board of Advisors GERMANTOWN, MD

Key Takeaway: Orgenesis Appoints Itamar Raz as Newest Member of Board of GERMANTOWN, MD Mar. 16, 2015 Orgenesis Inc. (OTCQB: ORGS) a development-stage company with a novel therapeutic technology dedicated to converting a patient's own liver cells into functioning insulin-producing cells as

Full Press Release Details

Orgenesis Appoints Itamar Raz as Newest Member of Board of
GERMANTOWN, MD Mar. 16, 2015 Orgenesis
Inc. (OTCQB: ORGS) a development-stage company with a novel therapeutic
technology dedicated to converting a patient's own liver cells into functioning
insulin-producing cells as a treatment for diabetes, today announced that
Professor Itamar Raz has been appointed to the Orgenesis board of advisors.
Prof. Raz has been involved in a number of organizations
focused on diabetes, as well as in other medical associations. In 2004, he
became the head of the Israel National Diabetes Council. At this time he also
became President of the nonprofit organization, D-Cure (Diabetes Care to Cure in
Israel). Prof. Raz is well known as both an academic and clinician, having
served as Chief Physician at Hebrew University and Director of the Hadassah
Center for the Prevention of Diabetes and its Complications at Hadassah
University Hospital.
Itamar Raz is a choice addition to our board of advisors at
Orgenesis, said Vered Caplan, Chairperson and CEO of Orgenesis. He has spent
time in academic medicine, which has given way to a thorough knowledge in the
medical field and in hospitals. His experience on both national and
international associations, particularly those centering on diabetes, will make
his transition to the board seamless. He will be an incredible asset in our
quest to solve diabetes with regenerative medicine.
Professor Itamar Raz is a preeminent authority in the diabetes
world, said Dr. Alexander Fleming, Orgenesis advisory board member and former
head of diabetes drug review at the FDA. He brings great experience in clinical
trials and therapeutic development across the spectrum of drugs, biologics, and
devices in type 1 and type 2 diabetes. He is a highly respected scientist and
clinician across the globe for his many contributions and insights. I am
thrilled that Prof. Raz has decided to join us.
Prof. Raz served from 1966 to 1969 as a Captain in the
Military; he was also involved in Infantry and the Medical Corps. He studied
Pharmacology at Hebrew University, and received his B.S. at the Hadassah School
of Pharmacy in Jerusalem. He then obtained his M.D. in medicine and internal
medicine in his following studies, which took place at the Hadassah University
Currently, Itamar Raz is a Professor of Medicine and Head of
the Diabetes Unit at the Hadassah Ein Kerem Hospital in Jerusalem.
About Orgenesis, Inc.
Orgenesis is a development
stage company that is committed to curing Type 1 Diabetes. In pursuit of this
goal, the Company is developing a novel technology that combines cellular
therapy and regenerative medicine. Through a proprietary biologic process called
cellular trans-differentiation, Orgenesis has proven that, when exposed ex
vivo to certain pancreatic transcription factors and in specific sequence, human
adult liver cells can be transformed into fully functional, beta cell-like
insulin producing cells (IPCs). After ex vivo expansion, the IPCs are re-infused
via the portal vein. In pre-clinical models of Type 1 Diabetes (Non-Obese
Diabetic mice), the re-introduced IPCs remain in the liver, effectively respond
to glucose challenge and successfully maintain glycemic homeostasis. In the same
NOD model, the implanted IPCs were not subject to auto-immune attack or cellular
ablation. Orgenesis plans to initiate P1/2 trials in the next 12-16 months. For
more information visit: www.orgenesis.com.
Notice Regarding Forward-Looking Statements
news release contains "forward-looking statements" which are not purely
historical. Such forward-looking statements include, among other things, the
expectations of management that our regeneration technology can be developed as
therapeutic treatment for diabetes which could, if successful, mean the end of
diabetes as we know it; that we will initiate Phase I and Phase II clinical
trials in the United States in the near-term; that we can quickly transition our
technology from research into P1 clinical trials. No assurance can be given that
any of the events anticipated by the forward-looking statements will occur or,
if they do occur, what benefits Orgenesis will obtain from them. Actual results
could differ from those projected in any forward-looking statements due to
numerous factors, including, among others, the potential failure of development
candidates to advance through preclinical studies or demonstrate safety and
efficacy in clinical testing; the ability to pass clinical trials so as to move
on to the next phase; our ability to retain key employees; our ability to
finance development and operations; our ability to satisfy the rigorous
regulatory requirements for new medical procedures; and competitors may develop
better or cheaper alternatives to our products. These forward-looking statements
are made as of the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking statements.
Investors should refer to the risk factors disclosure outlined in our periodic
reports filed from time-to-time with the Securities and Exchange Commission.
Company Contact:
Scott P. Carmer
Orgenesis
301-204-1983
scott.c@orgenesis.com
Media Contact:
Tim Rush
Springboard5
(801) 208-1100
tim.rush@springboard5.com
Last updated: Mar 16, 2015