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Last $2.32 USD
Change Today +0.10 / 4.50%
Volume 150.6K
BCLI On Other Exchanges
As of 8:10 PM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

brainstorm cell therapeutics (BCLI) Snapshot

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52 Week High
01/2/15 - $8.47
52 Week Low
09/30/15 - $2.17
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brainstorm cell therapeutics (BCLI) Details

Brainstorm Cell Therapeutics Inc., a biotechnology company, develops adult stem cell therapies for neurodegenerative disorders, such as amyotrophic lateral sclerosis, multiple sclerosis, and Parkinson’s disease. It holds the rights to develop and commercialize its NurOwn technology through licensing agreement with Ramot of Tel Aviv University Ltd. The company’s NurOwn technology is based on a novel differentiation protocol, which induces differentiation of the bone marrow-derived mesenchymal stem cells into neuron-supporting cells and secreting cells that release neurotrophic factors, including glial-derived neurotrophic factor, brain-derived neurotrophic factor, vascular endothelial growth factor, and hepatocyte growth factor for the growth, survival, and differentiation of developing neurons. The company was formerly known as Golden Hand Resources Inc. and changed its name to Brainstorm Cell Therapeutics Inc. in November 2004 to reflect its new line of business in the development of novel cell therapies for neurodegenerative diseases. Brainstorm Cell Therapeutics was founded in 2000 and is headquartered in Hackensack, New Jersey.

19 Employees
Last Reported Date: 08/13/15
Founded in 2000

brainstorm cell therapeutics (BCLI) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: --
Chief Operating Officer and Director
Total Annual Compensation: $60.0K
Executive Officer
Total Annual Compensation: $154.0K
Compensation as of Fiscal Year 2014.

brainstorm cell therapeutics (BCLI) Key Developments

Brainstorm Cell Therapeutics Inc. Announces Executive Changes

BrainStorm Cell Therapeutics Inc. announced that it has appointed Mr. Chaim Lebovits, has been serving as the Company's President since July 2007, as Chief Executive Officer (CEO). Mr. Lebovits succeeds Dr. Tony Fiorino, is anticipated to remain with the Company in an executive scientific role to be announced shortly. Chaim Lebovits has been President of BrainStorm Cell Therapeutics since July 2007, and has played an active role in its strategic planning and development. Mr. Lebovits previously served as Principal Executive Officer of BrainStorm from August 2013 to June 2014.

Brainstorm Cell Therapeutics Inc. Announces Amendments to its Articles of Incorporation

Brainstorm Cell Therapeutics Inc. at the AGM conducted on August 26, 2015 approved amendment to the company's certificate of incorporation to reduce the number of authorized shares of the company's common stock from 800,000,000 to 100,000,000.

Brainstorm Cell Therapeutics Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

BrainStorm Cell Therapeutics Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported operating loss of $2,363,000 compared to $1,294,000 a year ago. Net loss was $2,265,000 or $0. 12 per basic and diluted share compared with $1,984,000 or $0.16 per basic and diluted share a year ago. Total net cash used in operating activities was $1,650,000 compared to $970,000 a year ago. Purchase of property and equipment was $16,000. For the six months, the company reported operating loss of $4,568,000 compared to $2,325,000 a year ago. Net loss was $4,501,000, or $0. 24 per basic and diluted share compared to $4,095,000 or $0.34 per basic and diluted share a year ago. Total net cash used in operating activities was $3,587,000 compared to $1,361,000 a year ago. Purchase of property and equipment was $16,000 compared to $94,000 a year ago.


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