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NeoStem to Launch New Service and Has Engaged Healthcare Personality Dr. Manny Alvarez to Serve as Spokesperson
Date:2/28/2011

ufacturing practices or cGMP). They have bi-coastal facilities and have the most extensive transplantation experience among the over 35 private cord blood banks in the United States," said Dr. Alvarez. "The Company has extensive experience and expertise in having processed over 30,000 cell therapy product procedures and shipped over 5,000 cell therapy products for transplantation.   Stem cells derived from cord blood have been used in more than 14,000 transplants worldwide to treat a wide range of blood diseases, genetic and metabolic disorders, immunodeficiency disorders and various forms of cancer and cord blood banks now exist in nearly every developed country, as well as several developing nations.  In the United States there are approximately 35 private banks and 30 public banks and between 1999 – 2009 the median annual growth rate for stem cell collections has increased 14.6%".

Dr. Robin Smith, MD, MBA, CEO of NeoStem said, "Dr. Alvarez has years of experience communicating health information in a way that the general public can understand. He can now help parents understand the importance of cGMP cell banking and make an informed decision regarding which company to use for the storage of their newborn's stem cells.  Dr. Alvarez will help us introduce and launch the 'Family Plan' offering stem cell security to a wide range of family members including newborns, college-age children, and parents."

Dr. Andrew Pecora, Chief Medical Officer, said, "NeoStem has built great expertise in providing high-quality adult stem cell collection through a minimally-invasive process, as well as processing and storage of stem cells which is compliant not only with standards for today's stem cell applications, such as bone marrow transplants for leukemias, lymphomas and other blood disorders, but with standards for future potential applications many of which are now in clinical trials and being manufactured in Progenitor Cell Therapy's New Jers
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SOURCE NeoStem, Inc.
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