OTCPicks.com announced today that it has initiated Profile Coverage of Biostem US Corporation (OTCQB:HAIR).
Biostem US Corporation is a fully reporting United States Corporation registered in Nevada with offices in Clearwater, Florida.
The company intends to license or provide affiliation of its' proven Biostem MethodTM hair re-growth technology to qualified physicians worldwide.
The executive and medical advisory staff expects to continue to improve the existing technology for hair re-growth. Additionally, the company is seeking to move into stem cell related technology areas such as joint and ligament repair, all centering around regenerative medicine using ethically sourced adult stem cells.
Biostem expects to provide licensing and affiliate opportunities with all new technology that it develops. Biostem also is seeking to partner with companies that have compatible technology that will enhance the services and products offered through its' license and affiliate programs.
August 2 - Biostem U.S., Corporation Scientific and Medical Board of Advisors Member Appointed Chief of Cardiothoracic Surgery at St. Francis Hospital
Dr. Tom Prendergast, Currently Director of Cardiac Transplantation and Ventricular Assistance at Robert Wood Johnson Medical School in New Jersey, Assumes Additional Position in Busy Surgery Center
Biostem U.S., Corporation, (HAIR) (Biostem, the Company), a fully reporting public company in the stem cell regenerative medicine sciences sector, Chief Executive Officer Dwight Brunoehler stated, "Dr. Prendergast is a very talented and very active clinical and research surgeon. Biostem is fortunate to have his guidance in our scientific and medical pursuits. He will be playing an ever increasingly important role in the company's future regarding the use of stem cells and regenerative medicine."
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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