Osiris Therapeutics, Inc.


Synthes Chairman Emeritus Hansjörg Wyss Joins Osiris as a Strategic Advisor

COLUMBIA, Md.--(BUSINESS WIRE)-- Osiris Therapeutics, Inc. (NASDAQ: OSIR), the leading stem cell company focused on developing and marketing products in wound care, orthopedic and sports medicine markets, announced today that Hansjörg Wyss will serve as a strategic advisor to the company. Mr. Wyss was the founder and a major shareholder of Synthes and served as its Chairman until the company was sold to Johnson & Johnson in 2012 for $19.7 billion.

"I'm extremely pleased that Mr. Wyss is advising us," said Peter Friedli, Chairman of the Board of Directors of Osiris Therapeutics. "His knowledge and experience in creating great companies in the healthcare industry is unmatched and Osiris will undoubtedly benefit from his contribution."

"When I look at Osiris, I see a company with a tremendous opportunity to impact regenerative medicine," said Mr. Wyss. "I look forward to working with the members of the Board and the management team to help deliver on its potential."

Mr. Wyss served as Chairman of the Board of Directors of Synthes, Inc., from its founding in 1999 until the company was sold to Johnson & Johnson in 2012. From 1977 until 2007, he held the position of CEO for Synthes and its predecessor organization. In 2004, Mr. Wyss was awarded his first Honorary Doctorate by the University of Basel, Switzerland, and in 2005 was honored with another Honorary Doctorate from Paracelsus Medical University in Salzburg, Austria. In 2009, he was awarded a third Honorary Doctorate of Engineering by Clemson University and a fourth in 2013 by the University of Zurich, Switzerland. Mr. Wyss holds a Master of Business Administration with distinction from Harvard Business School and a Master of Science in Civil and Structural Engineering from the Swiss Federal Institute of Technology, Zurich.

About Osiris Therapeutics

Osiris Therapeutics, Inc. is the leading stem cell company, having developed the world's first approved stem cell drug, remestemcel-L for graft versus host disease. Osiris' products include Grafix® and Ovation® for acute and chronic wounds, Cartiform®, a viable cartilage mesh for cartilage repair and the latest addition to Osiris' line of products, OvationOSTM, a viable bone matrix. Osiris is a fully integrated company with capabilities in research, development, manufacturing and distribution. Osiris has developed an extensive intellectual property portfolio to protect the company's technology and commercial interests.

Osiris, Grafix, Ovation and Cartiform are registered trademarks of Osiris Therapeutics, Inc. More information can be found on the company's website, www.Osiris.com. (OSIR-G)

Forward-Looking Statements

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Osiris Therapeutics, Inc.
Aziz Ahmad, 443-545-1834

Source: Osiris Therapeutics, Inc.

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