BioTime, Inc. (NYSE Amex: BTX), a biotechnology company that develops
and markets products in the field of regenerative medicine, today
announced that Chief Executive Officer Michael D. West, Ph.D. will
present at the 2011
World Stem Cell Summit in Pasadena, California at 2:30 p.m. PDT on
Monday, October 3, 2011. Dr. West will be presenting "Unleashing
Regenerative Medicine to Extend the Healthy Lifespan: Technological
Issues and Commercial Opportunities” which will include a discussion for
the first time of BioTime's novel vascular and muscle progenitor cell
lines created using the Company's proprietary ACTCellerate™ technology.
The presentation will be made available on BioTime's web site www.biotimeinc.com.
The 2011 World Stem Cell Summit marks the 7th annual event produced by
the Genetics Policy Institute (GPI), a 501c3 not-for-profit
organization. The Summit advances GPI’s mission to promote stem cell
research and its application in medicine to develop therapeutics and
cures for many otherwise intractable diseases and disorders. The 2011
Organizing Partners include the City of Hope, Cedars Sinai Regenerative
Medicine Institute, Caltech, California Institute for Regenerative
Medicine (CIRM), Keck School of Medicine of USC, Children's Hospital Los
Angeles and the Consulate General of Canada in Los Angeles, and other
leading research institutions.
About BioTime, Inc.
BioTime, headquartered in Alameda, California, is a biotechnology
company focused on regenerative medicine and blood plasma volume
expanders. Its broad platform of stem cell technologies is developed
through subsidiaries focused on specific fields of applications. Biotime
develops and markets research products in the field of stem cells and
regenerative medicine, including a wide array of proprietary
ACTCellerate™ cell lines, culture media, and differentiation kits.
BioTime's wholly owned subsidiary ES Cell International Pte. Ltd. has
produced clinical-grade human embryonic stem cell lines that were
derived following principles of Good Manufacturing Practice and
currently offers them for use in research. BioTime's therapeutic product
development strategy is pursued through subsidiaries that focus on
specific organ systems and related diseases for which there is a high
unmet medical need. BioTime's majority owned subsidiary Cell Cure
Neurosciences, Ltd. is developing therapeutic products derived from stem
cells for the treatment of retinal and neural degenerative diseases.
Cell Cure's minority shareholder Teva Pharmaceutical Industries has an
option to clinically develop and commercialize Cell Cure's OpRegen™
retinal cell product for use in the treatment of age-related macular
degeneration. BioTime's subsidiary OrthoCyte Corporation is developing
therapeutic applications of stem cells to treat orthopedic diseases and
injuries. Another subsidiary, OncoCyte Corporation, focuses on the
diagnostic and therapeutic applications of stem cell technology in
cancer, including using vascular progenitor cells engineered to destroy
malignant tumors. ReCyte Therapeutics, Inc. is developing applications
of BioTime's proprietary induced pluripotent stem cell technology to
reverse the developmental aging of human cells to treat cardiovascular
and blood cell diseases. BioTime's newest subsidiary, LifeMap Sciences,
Inc., is developing an online database of the complex cell lineages
arising from stem cells to guide basic research and to market BioTime's
research products. In addition to its stem cell products, BioTime
develops blood plasma volume expanders, blood replacement solutions for
hypothermic (low temperature) surgery, and technology for use in
surgery, emergency trauma treatment and other applications. BioTime's
lead product, Hextend®, is a blood plasma volume expander manufactured
and distributed in the U.S. by Hospira, Inc. and in South Korea by CJ
CheilJedang Corp. under exclusive licensing agreements. Additional
information about BioTime, ReCyte Therapeutics, Cell Cure, OrthoCyte,
OncoCyte, BioTime Asia, LifeMap Sciences, and ESI can be found on the
web at www.biotimeinc.com.
Forward-Looking Statements
Statements pertaining to future financial and/or operating results,
future growth in research, technology, clinical development, and
potential opportunities for BioTime and its subsidiaries, along with
other statements about the future expectations, beliefs, goals, plans,
or prospects expressed by management constitute forward-looking
statements. Any statements that are not historical fact (including, but
not limited to statements that contain words such as "will," "believes,"
"plans," "anticipates," "expects," "estimates") should also be
considered to be forward-looking statements. Forward-looking statements
involve risks and uncertainties, including, without limitation, risks
inherent in the development and/or commercialization of potential
products, uncertainty in the results of clinical trials or regulatory
approvals, need and ability to obtain future capital, and maintenance of
intellectual property rights. Actual results may differ materially from
the results anticipated in these forward-looking statements and as such
should be evaluated together with the many uncertainties that affect the
business of BioTime and its subsidiaries, particularly those mentioned
in the cautionary statements found in BioTime's Securities and Exchange
Commission filings. BioTime disclaims any intent or obligation to update
these forward-looking statements.
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