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Beike Biotechnology Invests in Leading Japanese Regenerative Medicine Co., Biomaster Inc.
Date:11/5/2009

rtners and technical resources, enabling our company to accelerate future product development timelines and to utilize the favorable research environment in China."

The increased capital from this investment will enable Biomaster to advance its strategic aims of developing stem cell-based hair growth, spinal repair and organ regeneration therapies. Biomaster will benefit from Beike's extensive clinical research network and broad access to the growing Chinese medical market.

"We have high hopes for our regenerative medicine collaborations with Biomaster," stated Susan Jiang, CTO of Beike Biotechnology. "I have the greatest respect for Dr. Kotaro Yoshimura, co-creator of Biomaster's key technologies. Dr. Yoshimura is a faculty member of the prestigious Department of Plastic Surgery of University of Tokyo."

Dr. Sean Hu, CEO and Chairman of Beike Biotechnology expressed his support for the contract saying, "Biomaster's technologies complement our own work. This is a logical step that will harness both companies' strengths. We look forward to providing technical and financial assistance in bringing their future regenerative technologies to the market. I am confident that Beike's world-class stem cell laboratories and research teams can efficiently scale-up Biomaster's current research efforts, accelerating R&D timelines and get treatment to the patients who need it."

Biomaster is the only company in Japan authorized to offer stem-cell based therapies to the public. The company was granted a license by the Japanese Ministry of Health to operate Cellport Yokohama ( http://www.cellport.jp ) as a private clinic in Yokohama, Kanagawa-ken, Japan. The clinic currently treats patients using CAL, a proprietary technology which allows doctors to use fat extracted from other body areas (such as stomach or thighs) for cosmetic and therapeutic purposes such as breast r
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SOURCE Shenzhen Beike Biotechnology Co. Ltd.
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