BioRestorative Therapies, Inc. Announces Relocation To New York State

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JUPITER, Fla.--(BUSINESS WIRE)--BioRestorative Therapies, Inc. (“BRT” or the “Company”) (OTCBB: BRTX), a life sciences company focused on adult stem cell-based therapies for various personal medical applications, today announced it has been awarded up to $500,000 in performance-based Excelsior Tax Credits from Empire State Development (“ESD”), New York State’s economic development agency, as part of a relocation incentive package from the State, as well an estimated $146,000 of sales tax exemptions and property tax abatement from the Suffolk County Industrial Development Agency (“IDA”).

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