BioTime Announces Appointment of Chief Commercial Officer

ALAMEDA, Calif.--(BUSINESS WIRE)--BioTime, Inc. (NYSE Amex:BTX) today announced the appointment of its Vice President of Business Development, William P. Tew, Ph.D., to the additional position of Chief Commercial Officer. Dr. Tew will be responsible for the commercial operations of the BioTime family of companies and for near-term product development activities. Dr. Tew's commercial team will expand the depth and breadth of the BioTime companies’ product offerings and drive efforts to increase product revenue. BioTime and its subsidiaries presently offer an array of stem cell research products, including ACTCellerate™ human embryonic progenitor cell lines, ESpan cell culture media, cell differentiation kits, human embryonic stem cell lines produced under current Good Manufacturing Practices (cGMP), and Glycosan hydrogel extracellular matrix research products. BioTime’s blood plasma volume expander Hextend® is marketed by Hospira, Inc. and CJ CheilJedang Corp. under exclusive licensing agreements with BioTime.
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