Will Present on Novel Strategies for the Production of Diverse
Pluripotent Stem Cell Types for Drug Discovery
BioTime, Inc. (NYSE MKT: BTX) today announced that Co-Chief Executive
Officer Michael D. West, Ph.D. will deliver a presentation at “Stem
Cells in Drug Discovery 2016” on Wednesday, April 6 at 10:00 a.m. BST,
in Cambridge, England.
Dr. West’s presentation is titled, “Novel Strategies for the Robust and
Reproducible Production of Diverse Cell Types from Pluripotent Stem
Cells for Drug Discovery.” Dr. West will describe the application of
BioTime’s PureStem® technology for the robust and reproducible
generation of diverse human cell types for drug discovery, and its
benefits vis-a-vis animal models and alternative stem cell-based
strategies. Dr. West’s presentation will be made available on BioTime’s
website at www.biotimeinc.com.
The two-day event will bring together some of the preeminent scientists
in the field, dedicated to exploring the basis of using human stem cells
as an avenue to presenting a more accurate model for pre-clinical
testing, as well as discussion about how stem cells are revolutionizing
in vitro disease models, assay development, toxicology studies and lead
generation in drug discovery.
More information on Stem Cells in Drug Discovery 2016 is available at Select
Biosciences.
About BioTime
BioTime, Inc. is a clinical-stage biotechnology company focused on
developing and commercializing novel therapies developed from what we
believe to be the world’s premier collection of pluripotent stem cell
assets. The foundation of our core therapeutic technology platform is
pluripotent stem cells that are capable of becoming any of the cell
types in the human body. Pluripotent stem cells have potential
application in many areas of medicine with large unmet patient needs,
including various age-related degenerative diseases and degenerative
conditions for which there presently are no cures. Unlike
pharmaceuticals that require a molecular target, therapeutic strategies
based on the use of pluripotent stem cells are generally aimed at
regenerating or replacing affected cells and tissues, and therefore may
have broader applicability than pharmaceutical products.
In order to efficiently advance product candidates through the clinical
trial process, we have historically created operating subsidiaries for
each program and product line. This approach has fostered efficient use
of resources and reduced shareholder dilution as compared to strategies
commonly deployed by the biotechnology industry, as the various programs
and product lines have advanced through basic research and animal
studies. We and our subsidiaries now have four therapeutic product
candidates in human clinical trials, each of which addresses a large
market opportunity. In addition to the development of therapeutics,
BioTime’s research and other activities have resulted, over time, in the
creation of other subsidiaries that address other non-therapeutic market
opportunities such as cancer diagnostics, drug development and stem cell
research products, and mobile health software applications.
BioTime common stock is traded on the NYSE MKT and TASE under the symbol
BTX. For more information, please visit www.biotimeinc.com
or connect with the company on Twitter,
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and Google+.
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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