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NeoStem to Present at 10th Annual Needham Healthcare Conference on Tuesday, April 5
Date:4/4/2011

NEW YORK, April 4, 2011 /PRNewswire/ -- NeoStem, Inc. (NYSE Amex: NBS), an international biopharmaceutical company with operations in the U.S. and China, announced today that Dr. Robin L. Smith, Chairman and CEO of NeoStem, will present at the 10th Annual Needham Healthcare Conference on Tuesday, April 5, 2011. The Conference, which runs from April 5-6, 2011, is being held at the New York Palace Hotel at 455 Madison Avenue, New York City, and Dr. Smith will speak from 10:40 to 11:22 AM.

Dr. Smith will review the multiple accomplishments of the Company in 2010 and the outlook in 2011.   Dr Smith will discuss the impact of the Progenitor Cell Therapy, LLC ("PCT") acquisition which is transformative for the company. PCT is an internationally recognized cell therapy services and development company that is involved in the development of therapeutic assets. NeoStem is excited about the prospect of working with PCT to bring these new assets into the clinic this year.

Other accomplishments that will be reviewed will include the development of the Company's China strategy.
In 2010, the Company began generating revenues from what it believes will be the beginning of a pipeline of stem cell-based regenerative medicine therapies, a key element of its growth strategy in China. This has been accomplished with a collaboration with Wendeng and Shijiazhuang Third Hospitals in China whereby patients are offered the benefit of the latest technology from the US in the treatment of a range of orthopedic conditions. These procedures are currently receiving government reimbursement. Additionally, the ongoing relocation of Suzhou Erye Pharmaceutical's new manufacturing facility continues to progress and should be completed in 2011 thereby significantly increasing capacity, unlocking growth.

Dr. Smith will discuss future plans, such as the launch of a new service by bundling to
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SOURCE NeoStem, Inc.
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