NASDAQ Welcomes Cellular Dynamics International, Inc. to The NASDAQ Stock Market
NEW YORK, July 25, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Cellular Dynamics International, Inc. (Nasdaq:ICEL), a developer and manufacturer of fully functioning human cells in industrial quantities to precise specifications, commenced on The NASDAQ Stock Market on July 25, 2013.
Cellular Dynamics International, Inc. "CDI" develops and manufactures fully functioning human cells in industrial quantities to precise specifications. CDI is a leading developer of stem cell technologies for in vitro use in drug discovery, toxicity testing and chemical safety; in vivo and cell-based therapeutic research; and stem cell banking. CDI harnesses its unique manufacturing technology to produce differentiated tissue cells in industrial quality, quantity and purity from any individual's stem cell line created from a standard blood draw. CDI was founded in 2004 by Dr. James Thomson, a pioneer in human pluripotent stem cell research at the University of Wisconsin-Madison. CDI's headquarters are located in Madison, Wisconsin, with a second facility in Novato, California.
"CDI is at the forefront of stem cell technologies and research," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ OMX is excited to welcome CDI to The NASDAQ Stock Market and looks forward to watching CDI grow as a public company."
NASDAQ OMX has consistently been the exchange of choice for groundbreaking biotechnology companies, including CDI, Amgen Inc. and Celgene Corp.
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Joe Christinat
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joseph.christinat@nasdaqomx.com
