VATICAN CITY, June 16, 2011 /PRNewswire/ -- NeoStem, Inc. ("NeoStem" or the "Company") (NYSE Amex: NBS), an international biopharmaceutical company with product and service revenues, global research and development capabilities and operations in three distinct business units – U.S. adult stem cells, China adult stem cells, and China pharmaceuticals, and the Vatican's Pontifical Council for Culture, today announced steps forward in their partnership designed to advance adult stem cell research.
In a press conference at the Vatican, Cardinal Gianfranco Ravasi, President of the Pontifical Council for Culture, Dr. Robin L. Smith, Chairman and CEO of NeoStem, and Reverend Tomasz Trafny, Head of the Science and Faith Department at the Pontifical Council for Culture, provided further details on both their ongoing partnership and on a groundbreaking event, the international Vatican conference on adult stem cells, scheduled for November 9 – 11, 2011 at the Vatican.
The partners' charitable organizations that will drive activity are NeoStem's Stem for Life Foundation, and the Pontifical Council's Foundation, called STOQ International (Science Theology and the Ontological Quest).
The joint mission of the partnership, with the complete support of the Pontifical Council for Health Care Workers and the Pontifical Academy for Life, will be to:
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- Foster the highest levels of scientific research on adult stem cells and to explore the cultural, ethical and human implications of their use.
- Seek to create awareness about the promise of scientific research in concordance with ethical values through the further development of adult stem cell technology.
- Determine short-term and long-term actions which political, scientific, educational, and religious leaders can take to be part of the cultur
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