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NeoStem Announces Agreement With Shijiazhuang Third Hospital in the Provincial Capital of Hebei Province, China to Offer Orthopedic Applications Based on NeoStem’s Licensed Technology
Date:12/9/2010

ng of Shijiazhuang City.

Dr. Robin L. Smith, Chairman and CEO of NeoStem, said, "We are very excited about our new relationship with Shijiazhuang Third Hospital and the potential for  a new market of orthopedic patients to be  offered our adult stem cell-based treatments. NeoStem is committed to the expansion of this hospital network in the PRC in order that this innovative technology may be made available to an increased patient population and expects patient charges to be comparable to those in the United States."

About NeoStem, Inc.NeoStem, Inc. is engaged in the development of stem cell-based therapies, pursuit of anti-aging initiatives and building of a network of adult stem cell collection centers in the U.S. and China that are focused on enabling people to donate and store their own (autologous) stem cells for their personal use in times of future medical need. The Company also has licensed various stem cell technologies, including a worldwide exclusive license to VSEL™ Technology which uses very small embryonic-like stem cells, shown to have several physical characteristics that are generally found in embryonic stem cells, and is pursuing the licensing of other technologies for therapeutic use. NeoStem's majority-controlled Chinese pharmaceutical operation, Suzhou Erye, manufactures and distributes generic antibiotics in China. For more information, please visit: http://www.neostem.com.

Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward looking statements include statements herein with respect to the successful execution of the Company's strategy, as well as other advances in the Company's business, about which no a
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SOURCE NeoStem, Inc.
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