Kadimastem Ltd (TASE: KDST) is a clinical-stage biotechnology company that develops and manufactures off-the-shelf, allogeneic cell therapies derived from human embryonic stem cells for neurodegenerative diseases and diabetes; its lead product candidates include AstroRx, a clinical-grade astrocyte therapy administered intrathecally for amyotrophic lateral sclerosis and other neurodegenerative indications, and IsletRx, functional pancreatic islet cells producing insulin and glucagon for insulin-dependent diabetes. Founded in 2009 by Professor Michel Revel and headquartered at Pinchas Sapir Street, Weizmann Science Park, Nes Ziona, Israel, the company operates primarily in Israel with global development ambitions targeting patients with unmet needs in ALS and type 1 diabetes. In October 2025, Kadimastem merges with NLS Pharmaceutics Ltd to form NewcelX Ltd, headquartered in Zurich, Switzerland, and listed on Nasdaq under NCEL, combining cell therapy expertise with small molecule drug discovery to advance AstroRx into Phase IIa multi-site trials and IsletRx into Phase I; recent developments include a strategic collaboration with TargetGene for next-generation gene-edited cell therapies, continued BIRD Foundation support for the iTolerance diabetes program featuring IsletRx with microencapsulation, and up to $28 million in equity financing to bolster the merger and pipeline.