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Filed by newsfilecorp.com News Release For Immediate Release Orgenesis Appoints Leading Diabetes Expert, Camillo Ricordi, M.D., to Scientific Advisory Board White Plains, NY

Key Takeaway: News Release For Immediate Release Orgenesis Appoints Leading Diabetes Expert, Camillo Ricordi, M.D., to Scientific Advisory Board White Plains, NY November 27, 2012 Orgenesis Inc. (OTCBB:ORGS) ( Orgenesis or the Company ), a development-stage company with a novel therapeuti

Full Press Release Details

News Release
For Immediate Release
Orgenesis Appoints Leading Diabetes Expert, Camillo
Ricordi, M.D., to Scientific Advisory Board
White Plains, NY November 27, 2012 Orgenesis Inc.
(OTCBB:ORGS) ( Orgenesis or the Company ), 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, is pleased
to announce the appointment of Camillo Ricordi, M.D., to its Scientific Advisory
Considered one of the world s leading experts in cell
transplantation, Dr. Ricordi is the Stacy Joy Goodman Professor of Surgery,
Distinguished Professor of Medicine, Professor of Biomedical Engineering, and
Microbiology and Immunology at the University of Miami Diabetes Research
Institute. He also serves as Director of the Diabetes Research Institute Cell
Transplant Center and Responsible Head of the NIH-funded cGMP Human Cell
Processing Facility.
Among his many accomplishments, Dr. Ricordi developed the
automated method for islet cell isolation called the "Ricordi Method . He has
served as President of the Cell Transplant Society, Co-founder and Chairman of
the National Diabetes Research Coalition, Co-founder and President of the
International Association for Pancreas and Islet Transplantation and a member of
the council of the Transplantation Society. Dr. Ricordi has authored over 600
scientific publications and has been awarded 11 patents as an inventor. Dr.
Ricordi completed his graduate and post-graduate studies at the University of
Dr. Ricordi currently serves as Co-Editor in Chief of Cell
At the Diabetes Research Institute we are fully committed to
develop a biological cure for diabetes in the fastest and most efficient way
possible, helping scientists and their promising projects worldwide with the
highest collaborative spirit. I am glad to be able to assist Orgenesis to
further develop, assess and verify the potential of their promising technology.
If successful, the proposed strategy may answer the longstanding call for a
solution to restore normal insulin production in people with diabetes",
commented Dr. Ricordi. Accordingly, I am very pleased to be joining the
Orgenesis Scientific Advisory Board and look forward to contributing to their
efforts to advance this potentially breakthrough treatment.
We are honored to have Dr. Ricordi join our Scientific
Advisory Board, said Orgenesis CEO, Jacob BenArie. Dr. Ricordi brings a
tremendous amount of clinical and scientific expertise and we know that his
guidance will prove invaluable to Orgenesis.
About Orgenesis Inc.
Orgenesis (OTCBB: ORGS) is a development stage company with a
novel therapeutic technology that employs a molecular and cellular approach
directed at converting a patient's own liver cells into functional insulin
producing cells, as a treatment for diabetes. The Company believes that
converting the diabetic patient's own tissue into insulin-producing cells
overcomes the problem of donor shortage and removes the risk of transplant
rejection. If successful, this could mean the end of diabetes, as we now know
it. For more information visit: www.orgenesis.com.
Notice Regarding Forward-Looking Statements
This 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, and that its success
will be a breakthrough towards the end of diabetes as we know it. 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 the Company will
obtain from them. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors include, among
others, the inherent uncertainties associated with new projects and development
stage companies, which include, without limitation, the potential failure of
development candidates to advance through preclinical studies or demonstrate
safety and efficacy in clinical testing and the ability to pass clinical trials
so as to move on to the next phase, our ability to retain key employees and our
ability to finance development or satisfy the rigorous regulatory requirements
for new medical procedures. 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.
On Behalf of the Board
Orgenesis Inc.
Vered Caplan, Chairperson
Investor Contact:
Stephen Kilmer
Kilmer Lucas Inc.
T: 212-618-6347
stephen@kilmerlucas.com
Media Contact:
Leonard Zehr
Kilmer Lucas Inc.
T: (416) 833-9317
leonard@kilmerlucas.com
Last updated: Nov 27, 2012