BD Biosciences and StemCell Technologies Sign License Agreements with WARF

Franklin Lakes, NJ and Vancouver, British Columbia (June 14, 2007) — BD Biosciences, a segment of global medical technology company BD (Becton, Dickinson and Company), and StemCell Technologies, Inc., a Vancouver-based life sciences company, announced today that they have each entered into a worldwide license agreement with the Wisconsin Alumni Research Foundation (WARF). The agreements will allow BD Biosciences and StemCell Technologies to develop and commercialize novel growth media and validated tissue culture surfaces that together offer a complete cell culture environment for human embryonic stem cells (hESC). Financial details of the agreement were not disclosed.
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