Hadasit Bio-Holdings

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Extension of Option Period regarding the License Agreement between Teva and CellCure Neurosciences

Jan. 31, 2015

HBL – Hadasit Bio Holdings Ltd.

(the “Company”)

January 31, 2015

To                                            To

Securities Authority                Tel Aviv Stock Exchange Ltd.

www.isa.gov.il                        www.tase.co.il

 

Re: Extension of Option Period regarding the License Agreement between Teva and CellCure Neurosciences

 

Further to the immediate report of the Company dated October 10, 2010 and January 1, 2015 (reference no.: 2010-01-640794 and 2015-01-000100, Respectively), regarding the signature of the agreement between CellCure Neurosciences Ltd. (hereinafter: “CellCure”), a company held 21.2% by the Company, and between Teva Pharmaceutical Industries Ltd. (hereinafter: “Teva”), based on which CellCure has granted Teva an option to receive a global and exclusive license to develop and commercialize the OpRegen® product of CellCure for treatment of patients with dry age-related retinal degeneration ( Dry AMD) (hereinafter: the “Option”), as of October 18, 2010 and until 60 days after the approval of the IND by the FDA, and regarding to

the agreed extension of the exercise period  until January 31, 2015.

The Company would like to announce as follows:

The parties agreed to extend the option period until February 15, 2015.

 

 

 

Sincerely,

 

HBL – Hadasit Bio-Holdings Ltd.

By: Mrs. Tamar Kfir, CEO

 
 

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