BioTime Names Robert W. Peabody Senior Vice President and Chief Operating Officer

EMERYVILLE, Calif.--(BUSINESS WIRE)--BioTime, Inc. (OTCBB:BTIM) today announced that Robert W. Peabody, CPA, has joined BioTime as Senior Vice President and Chief Operating Officer. Mr. Peabody will head BioTime’s efforts to obtain research funding grants from private and public sources, including the California Institute for Regenerative Medicine (“CIRM”), to help finance BioTime’s entry into the field of regenerative medicine and stem cell research. Prior to joining BioTime, Mr. Peabody served as Vice President-Grant Administration for Advanced Cell Technology, Inc (ACT) and also served on their Board of Directors from 1998 to 2006. Mr. Peabody will oversee the operating departments of BioTime as well as assist in applying for research grants to finance the research and development of stem cell and blood volume replacement products.

MORE ON THIS TOPIC