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Elbit Imaging (EMITF) Announces Gamida's NiCord Received FDA Breakthrough Therapy Designation

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Elbit Imaging Ltd. Announces That Gamida Cell Has Received FDA Breakthrough Therapy Designation for Nicord

October 10, 2016 3:21 PM EDT

TEL AVIV, Israel, Oct. 10, 2016 (GLOBE NEWSWIRE) -- Elbit Imaging Ltd. (TASE: EMITF) (NASDAQ: EMITF) ("Elbit" or the "Company") announced today that it was informed by Gamida Cell Ltd. ("Gamida"), an indirect associate of the Company, that U.S. Food and Drug Administration ("FDA") has granted Breakthrough Therapy Designation status to Gamida's NiCord® ("Nicord"), due to improvement in absorption of neutrophils blood cells in bone marrow transplant for patients with high risk hematological malignancies... More