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NeoStem, Inc. Officially Launches Adult Stem Cell Collection Center and R&D Laboratory in Cambridge, Massachusetts
Date:4/27/2010

icial launch of our new Adult Stem Cell Collection Center and R&D facility in Cambridge, Massachusetts, the heart of one of the top bioscience communities in the country," commented Dr. Robin Smith, Chairman and CEO of NeoStem, Inc. "The R&D center underscores our commitment to research and development and our continued goal of excellence in adult stem cell technologies. In connection with the Company's recent expansion into China, we are pursuing the build-out of additional laboratory capabilities in Beijing, China to enhance our response to the growing needs from our Chinese collaborators."

The addition of NeoStem's Adult Stem Cell Collection Center at the Company's Cambridge location will enable individuals to donate and store their own (autologous) stem cells for personal use in times of potential medical need in the future. In this growing field, adult stem cell therapies are being developed for cosmetic procedures and for the treatment of heart disease, orthopedic issues, breast cancer and multiple sclerosis, among other potential therapeutic uses.

Strategically located in close proximity to Harvard University and the Massachusetts Institute of Technology, NeoStem Cambridge's R&D laboratory features a blood collection/apheresis center, on-site cryogenic storage of research samples, cell culture laboratory, and a new 16-channel Beckman flow cytometer with cell counting and sorting capabilities. The Company has recently hired three full-time researchers to support its stem cell research and clinical development for a current total of seven full-time employees at this facility.

NeoStem plans to expand its basic research and dev
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SOURCE NeoStem, Inc.
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