BTIM, PROT, CELG: Companies Using Innovative Research Techniques To Find Cures For Disease.
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PROTEONOMIX, INC. (OTC.BB:PROT), a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives, reports that Mr. Michael Cohen, Chairman and CEO, is scheduling a multi-city European road trip to create additional awareness of the Proteonomix, Inc. investment opportunity to institutional investors.
Scheduled for early October, Mr. Cohen will discuss with sophisticated investors the recent contract to establish a joint venture with a group of investors that will establish a new stem cell treatment and research facility in the United Arab Emirates (U.A.E.). In addition, Mr. Cohen will discuss the opportunity to set up additional joint ventures in other countries using the U.A.E. arrangement as a model.
Proteonomix is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. is a wholly owned subsidiary of Proteonomix that has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products.
StromaCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromaCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’s operating subsidiary. The Sperm Bank of New York, Inc. is a fully operational tissue bank. Proteonomix Regenerative Translational Medicine Institute, Inc. (”PRTMI”) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.
BioTime, Inc. (NYSE Amex:BTIM) launched seven new human embryonic progenitor cell lines and seven novel culture media for these lines on September 1, 2010. These progenitor lines were produced from embryonic stem cells using the Company’s ACTCellerateTM technology.
Human embryonic progenitor cells are intermediate in the developmental process between embryonic stem cells and fully differentiated cells. The cells may possess the ability to become a wide array of cell types with potential applications in research, drug discovery, and potential novel regenerative stem cell therapies. The cells are relatively easy to manufacture on a large scale and in a purified state, which may make it advantageous to work with these cells compared to the direct use of human embryonic stem cells. The seven new cell lines have markers of diverse mesoderm and neural crest cell types and are designated W11, Z2, SK31, SM35, T36, EN51, and EN55. In addition to offering these new cell lines, BioTime will also simultaneously launch corresponding cell culture media and differentiation kits.
BioTime wishes to clarify that it does not use or depend upon U.S. federal grant funding to develop its products, nor does the company depend upon sales to federally funded research projects. The majority of the target market for BioTime’s research products is and has always been researchers that are not funded by U.S. NIH grants, the only research funding that has been suspended because of the recent U.S. District Court decision in Sherley v. Sebelius. These other researchers include international researchers, private researchers, and researchers funded by other U.S. governmental entities such as CIRM (California Institute for Regenerative Medicine).
Celgene Corporation (NASDAQ: CELG) reports presentations at four upcoming investor conferences will be webcast live and will be available in the investor relations section of the company’s Web site at www.celgene.com. Celgene management will provide an overview of the company.
On Monday, September 13, 2010, Celgene will present at the Morgan Stanley Global Healthcare Conference at 8:35 a.m. ET.
On Tuesday, September 14, 2010, Celgene will present at the Robert W. Baird & Co. 2010 Health Care Conference at 3:15 p.m. ET.
On Thursday, September 16, 2010, Celgene will present at the Bank of America Merrill Lynch Global Healthcare Conference 2010 at 10:25 a.m. ET.
On Thursday, September 16, 2010, Celgene will present at the Stifel Nicolaus Healthcare Conference 2010 at 3:15 p.m. ET.
Celgene Corporation, headquartered in Summit, New Jersey, is an integrated global biopharmaceutical company engaged primarily in the discovery, development and commercialization of novel therapies for the treatment of cancer and inflammatory diseases through gene and protein regulation.
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Tags: anti aging, biopharmaceutical, biotechnology, BioTime, cancer treatment, Celgene Corp, cellular therapy, drug discovery, embryonic stem cells, human cells, human embryonic progenitor, Michael Cohen, NASDAQ:CELG, NYSE:BTIM, PROT.OB, Proteoderm, Proteonomix, regenerative medicine, research projects, Skin Care, stem cell biology, stem cell research
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