OphthaliX Announces the Appointment of Prof. Roger Kornberg as a Director

  OphthaliX Announces the Appointment of Prof. Roger Kornberg as a Director

PR Newswire

CARSON CITY, Nev., Feb. 6, 2012

CARSON CITY, Nev., Feb. 6, 2012 /PRNewswire/ --OphthaliX Inc. (OTCBB: OPLI)
is pleased to announce the appointment of Professor Roger D. Kornberg to the
Company's Board of Directors.

Roger Kornberg is Winzer Professor in Medicine in the Department of Structural
Biology at Stanford University. He moved to his present position in 1978,
where his research has focused on the mechanism and regulation of eukaryotic
gene transcription. In 2006, Professor Kornberg was awarded the Nobel Prize in
Chemistry in recognition for his studies.

Prof. Kornberg was elected to the National Academy of Sciences in 1993. He has
received many awards, including the 2001 Welch prize, highest award in
chemistry in the United States, the 2002 Leopold Mayer Prize and the highest
award in biomedical sciences of the French Academy of Sciences.

He is a recipient of honorary degrees from universities in Europe and Israel,
including the Hebrew University, where he is a visiting professor.

Prof. Kornberg is also serving as a director of Teva Pharmaceuticals
Industries Ltd. and Protalix BioTherapeutics Inc.

Prof. Pnina Fishman, interim CEO and Chairman of OphthaliX commented: "We are
very pleased that Prof. Kornberg has agreed to join our Board. His outstanding
scientific achievements and his experience serving on boards of leading
pharmaceutical and biotechnology companies will be extremely valuable as we
progress with our advanced clinical development programs."

About OphthaliX Inc.

OphthaliX Inc. is an advanced clinical-stage biopharmaceutical company focused
on developing therapeutic products for the treatment of ophthalmic disorders.
OphthaliX's product candidate, CF101, is being developed to treat three
ophthalmic indications: dry eye syndrome; glaucoma and uveitis.

This release contains forward-looking statements regarding OphthaliX Inc.'s
future plans and expected performance based on assumptions the Company
believes to be reasonable. A number of risks and uncertainties could cause
actual results to differ materially from these statements, including, without
limitation, the success rate of business development efforts and the
timeliness of development activities, and other risk factors described from
time to time in the Company's reports filed with the SEC. In addition, the
Company operates in an industry sector where securities values are highly
volatile and may be influenced by economic and other factors beyond the
Company's control. OphthaliX Inc. undertakes no obligation to publicly update
these forward-looking statements, whether as a result of new information,
future events or otherwise.

SOURCE OphthaliX Inc.

Contact: CONTACT: Pnina Fishman, Interim Chief Executive Officer, Tel:
+972-3-9241114
 
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