Welcome to our dedicated page for Pluri news (Ticker: PLUR), a resource for investors and traders seeking the latest updates and insights on Pluri stock.
Pluri Inc. (Nasdaq: PLUR, TASE: PLUR) is a leading biotechnology company that transforms cells into solutions to promote global wellbeing and sustainability. The company’s core business revolves around developing cell-based products for medical, agricultural, and industrial applications using its proprietary three-dimensional (3D) cell expansion technology. This innovative platform can grow cells in mass quantities with batch-to-batch consistency, making it suitable for applications ranging from regenerative medicine to food technology and beyond.
Pluri's flagship technology leverages placental expanded (PLX) cells that are derived from placental tissue. These cells release biomolecules such as cytokines, chemokines, and growth factors which aid in the healing of damaged tissues by stimulating the body’s natural regenerative mechanisms. The company operates a state-of-the-art manufacturing facility approved by the FDA, EMA, and PMDA, ensuring high standards and regulatory compliance.
In recent developments, Pluri has made significant strides in the agtech industry with the launch of its PluriAgtech business vertical and cell-based coffee product. The company secured a patent from the Israel Patent Office, further establishing its leadership in 3D cell expansion technology. Pluri’s cell-based coffee production method can significantly reduce water usage and farmland requirements, addressing the environmental challenges faced by traditional coffee farming.
Pluri is also advancing in the field of immune cell therapies. The company unveiled a novel method for expanding immune cells and obtained a U.S. patent for this technology, which mimics the natural environment of lymph nodes. This method ensures the integrity and functionality of immune cells, opening new possibilities for treatments of immune disorders and neurodegenerative diseases.
The company actively collaborates with various strategic partners to enhance its technological capabilities and explore new market opportunities. For instance, Pluri partnered with Wilk Technologies to develop cultured human and animal milk products for the elderly, aiming to address the growing demand for medical foods tailored to the nutritional needs of older adults.
Financially, Pluri is well-positioned with robust intellectual property, boasting over 140 active and granted patents. The company continues to expand its market presence, driven by a strong commitment to innovation and sustainability.
To stay updated on Pluri Inc.'s latest news and developments, visit the company’s official website at www.pluri-biotech.com or follow them on LinkedIn and X.
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