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The source of this article is Hype & Hope: http://tinyurl.com/4hch3

TheraVitae Co. Ltd, Provider of Cell Therapy, Faults Washington Post for
Misleading Article on the Issue of Stem Cell Contamination

Bangkok, Thailand -- Jan. 27 -- TheraVitae Co. Ltd, an international cell
therapy corporation, with offices in Thailand and research laboratories in
Israel, today expressed dismay regarding a misleading report about stem cell
contamination, written by Randolph E. Schmid, in Monday's Washington Post.
TheraVitae is possibly the only company in the world that is currently
offering self-donated adult stem-cell therapy to seriously ill heart patients.
"We are concerned that the Post article may cause desperately ill heart
patients to reject potentially life-saving cell therapy treatment because it
fails to make the critical distinction between embryonic and adult (non-
embryonic), contaminant-free stem cells," announced Don Margolis, director
of TheraVitae, from the company's Bangkok office.

"Most Americans are not aware that cell therapies using adult stem cells are
currently available, and Mr. Schmid's article paints ALL stem cells with the
same dirty brush. Our stem cell therapies do not run the same risks as
therapies based on embryonic stem cells, precisely because we treat each
patient with his or her own cells, not with cells harvested from embryos.

"Also, our cell therapies do not run the risk of being contaminated with
non-human molecules, as are the embryonic stem cells discussed in the Post's
article," he adds. "We are 100% free of this risk. No embryo nor embryonic
cell nor feeder cell, animal or human, has ever been used in our research
labs. The patients' own adult stem cells are grown in a culture medium,
especially manufactured in America and approved by the FDA for growing human
cells."

For now, the company has chosen to treat heart problems most obviously
caused by decreasing blood flow -- angina and congestive heart failure. Next
on its agenda will be peripheral vascular disease -- also caused by lack of
blood flow.

Another disease currently being targeted by TheraVitae is macular
degeneration, which causes blind spots and deterioration of the macula thus
affecting central vision. The eye-disorder mainly affects the elderly --
older than 70. Now, about three percent of the over-70 population in the
developed world suffers from the disease. That number is expected to
increase as more people live longer. World-renowned ophthalmologist, Dr.
Michael Belkin of Israel, is leading that research for TheraVitae.

Joining Dr. Belkin in TheraVitae's new ophthalmologic research is Professor
John Marshall, who chairs the Academic Department of Ophthalmology at St.
Thomas Hospital, United Kingdom. He has been pursuing research concerning
the development of lasers for ophthalmologic diagnosis and surgery for the
last thirty years.

His groundbreaking research led to the development of the Excimer laser for
correcting refractive disorders and the first Diode laser for treating eye
complications among patients with diabetes, as well as glaucoma and age-
related macular degeneration.

Dr. Belkin paraphrased Pogo-creator, Walt Kelly, when he said, "We are
facing a wall of insurmountable opportunities!"

For full descriptions of TheraVitae's Scientific Advisory Board members, go
to http://www.theravitae.com ; click on "About Us" then on "Scientific
Advisory Board."

BACKGROUND
Additional Information on TheraVitae and on Cell Therapy
More information can be obtained from http://www.theravitae.com or, for
medical information, call Dr. Valentin Fulga, CEO, in Israel, at
011-972-8940-9170.

About TheraVitae (pronounced theraVEETay)
TheraVitae is an emerging healthcare company focused on using the patient's
own cells to treat a variety of disorders, especially cardiovascular
diseases. TheraVitae is an international company, based in Bangkok, Thailand
and Kiryat Weizmann, Israel, benefiting from collaborations with eminent
physicians and scientists who are affiliated with well-known medical and
academic institutions.

The company is committed to helping patients by developing and utilizing
cutting-edge science at its highest standards. TheraVitae plans to launch a
state-of-the-art facility for processing blood from patients in Thailand
within the next year. The facility is expected to support cell-based
products for Thailand and Southeast Asia and to develop protocols that
utilize TheraVitae patented technology to treat other serious medical
conditions.

TheraVitae has chosen Thailand as its base and as the site for the first
clinical trial of its treatment protocol. The trial began in July and will
be completed this June.

Thailand is vying to become an Asian health hub over the next three years.
It is openly embracing biotech companies and already offers excellent health
care at modern facilities. Almost 1.5 million non-Thais receive medical
treatment each year and enjoy prices about one-quarter of those in the US.

A small number of heart patients are being accepted by TheraVitae in
Bangkok. They will benefit from cell production at the research lab in
Israel. (See: http://www.theravitae.com for the electronic form for personal
information.)

For more information, please contact Don Margolis at 011-669-130-8818 or
email at: [log in to unmask]

CONTACT: Ruth Silverman, (847)-398-2019

Source: TheraVitae Co. Ltd

Web Site: http://www.theravitae.com

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