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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

ey and California cGMP compliant facilities. The NeoStem cGMP 'Family Plan' offering will be unique in the industry and raise the  quality standard, because the entire family will have access to cGMP cell processing and storage of their cells using industry standards (cGMP) that will allow the future use of their cells for today's and tomorrow's therapies. No other stem cell banking company has the cell therapy manufacturing experience of Progenitor Cell Therapy that is currently creating the cell therapies of tomorrow by manufacturing a broad variety of cell therapies for clinical testing to cGMP standards. I look forward to working with Dr. Alvarez to educate a much wider audience about the reality of stem cell banking as an option that exists today to prepare for the future potential of stem cells to treat heart disease, cancer, diabetes, immune diseases, and diseases of the eyes, bones and cartilage, and much more."

NeoStem obtained its cord blood banking business through its January 20, 2011 acquisition of Progenitor Cell Therapy, LLC (PCT), a privately held cell therapy company with operations on the east and west coast of the U.S. serving the cell therapy community with cGMP state-of-the art cell therapy manufacturing facilities, and processing and storage facilities for stem cells. PCT's cord blood banking business, under the name DomaniCell, has been in operation since 2006. NeoStem's adult stem cell business began commercial collections in 2006 as well. cGMP-compliant cell processing and storage for these businesses are provided by PCT at its facilities in Mountain View, California, and Allendale, New Jersey.

About NeoStem, Inc.NeoStem, Inc. is an international biopharmaceutical company with adult stem cell operations in the U.S., a network of adult stem cell therapeutic providers in China as well as a 51% ownership interest in a profitable Chinese generic pharmaceutical manufacturing company.  NeoStem is focused on
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