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

es. We have achieved numerous milestones in the past few months that have attracted the attention of investors who believe in the commercial as well as medical promise of this field. Articles such as that in Business Week and CNNMoney.com are creating new awareness of the rapid advances being made in applying adult stem cell technologies. NeoStem is a pioneer in recognizing these multiple emerging technologies and is taking a leadership position in their powerful commercial potential."

Dr. Smith continued, "As the biotechnology industry expands and the number of diseases showing promise from stem cell therapies grows, astute institutional investors are buying into businesses that they believe can serve this projected $20- billion worldwide industry. We believe our company's recent $11-million above-market financing can be attributed to our expansion in the therapeutic arena as evidenced by recent licensing of stem cell intellectual property." Dr. Smith made clear that the Company is not able to comment on the projected revenues for the Company contained in this article.

Eric Wei, a NeoStem investor and the Managing Partner of RimAsia Capital Partners, a Pan-Asian private equity firm with deep connections across Asia, declared, "I believe investors are beginning to see that, compared to Osiris -- which is the largest stem cell company with a market cap of around $425 million -- NBS is dramatically undervalued given its IP portfolio, product pipeline and time to market, particularly within the vast market of China."

NeoStem recently licensed certain stem cell technology in the therapeutic areas of orthopedics, wounds and skin rejuvenation, adding it to its Very Small Embryonic Like (VSEL) adult stem cell technology licensed in 2007. The Company believes that VSELs and other adult stem cells found in the human body are responsible for cellular regeneration and believes it is well positioned to become a
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SOURCE NeoStem, Inc.
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Related biology technology :

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2. NeoStem to Present at Third Annual Stem Cell Summit in New York City
3. NeoStems Denis Rodgerson, Ph.D. to Lecture on Stem Cells and Regenerative Medicine at University of Nevada Las Vegas Campus
4. NeoStem Featured in WCBS-TV Health Watch Segment on Adult Stem Cells
5. NeoStem to Expand Stem Cell Collection Center Network to Florida
6. NeoStem Announces Private Placement Financing to Advance Marketing Campaign; Financing Includes Investment from New England Cryogenic Center
7. Suzanne Somers To Promote Growing Importance of Storing Your Own Adult Stem Cells Under Alliance With NeoStem, Inc.
8. NeoStem Expands Adult Stem Cell Collection Network, Gains Footprint in Key Los Angeles Market and Initiates Waitlist
9. NeoStem Forges Ahead in Its Plan to Open Adult Stem Cell Collection Centers in Key Locations that Can Serve as Hubs to Service Clients Nationwide
10. Suzanne Somers, Renowned Author, Medical Advocate, and Official Spokesperson for NeoStem, Inc., Inspires the Audience on The Ellen Degeneres Show
11. NeoStem Secures $250,000 in an Above Market Financing and Expands Its Relationship With New England Cryogenic Center, Inc.
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