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NeoStem Featured in Business Week; 'Promising' Adult Stem Cell Market Discussed in Fortune-CNNMoney.com Article
Date:6/22/2009

s proprietary technologies.

To read the "Inside Wall Street" column taking the above into account please use the following link: http://www.businessweek.com/magazine/content/09_26/c4137insidewal637710.htm?chan=magazine+channel_personal+business

In addition, the expanding investment opportunities for adult stem cell companies were discussed in depth in a Fortune Magazine article distributed by CNNMoney.com on June 16, 2009. The article states that Robin Young, a medical industry analyst from RRY Publications, "estimates that gross sales of adult cellular therapies will be well over $100 million in the United States this year. By 2018, he says stem cell therapy revenues could grow to $8.2 million." The article, which compares prospects for adult stem cells versus those for embryonic stem cells, also notes that "adult stem cells are currently the only type of stem cells used in transplants to treat diseases, such as cancers like Leukemia," and adds, "Furthermore, researchers are far closer to commercializing drugs based on adult stem cells than any product based on embryonic stem cells."

To read the Fortune/CNNMoney.com story, please use the following link:http://money.cnn.com/2009/06/16/technology/adult_stem_cell_therapy.fortune/?postversion=2009061610

Robin Smith, M.D., MBA, NeoStem's Chief Executive Officer, said, "We are very pleased that investors and prominent commentators like Mr. Marcial are taking note of the driving power of NeoStem's adult stem cell therapeutic development initiativ
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Related biology technology :

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6. NeoStem Announces Private Placement Financing to Advance Marketing Campaign; Financing Includes Investment from New England Cryogenic Center
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11. NeoStem Secures $250,000 in an Above Market Financing and Expands Its Relationship With New England Cryogenic Center, Inc.
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