NEW YORK, Nov. 18, 2010 /PRNewswire-FirstCall/ -- NeoStem, Inc. (NYSE Amex: NBS) (“NeoStem” or the “Company”), an international biopharmaceutical company with operations in the U.S. and China, today announced that Dr. Robin Smith, the Company’s Chairman and CEO, will present at the 2010 Maxim Group Growth Conference this morning and at the Proactive Investors One2One Investor Forum this evening. Both events will be held in New York, NY.
The 2010 Maxim Group Growth Conference will be held in Carnegie/Alvin room at the Grand Hyatt Hotel in New York City, NY. Dr. Smith is scheduled to make a presentation from 10-10:30 a.m. today, November 18, 2010 and will be available to meet with investors throughout the conference. The Proactive Investors One2One Investor Forum will be held this evening in the Whitney Room at the Intercontinental New York Barclay Hotel in New York, NY. Dr. Smith is scheduled to present 6:30 p.m. and will host a question and answer session after her formal presentation.
“I look forward to the opportunity to showcase NeoStem for investors, industry experts and those from the scientific community at both these events today,” said Dr. Robin Smith. “We are proud of the growth that NeoStem is experiencing at present and the future opportunities that are open to NeoStem in the expanding adult, autologous stem cell therapy market.”
About NeoStem, Inc.
NeoStem, Inc. is engaged in the development of stem cell-based therapies and building of a network of adult stem cell collection centers in the U.S. and China that are focused on enabling people to donate and store their own (autologous) stem cells for their personal use in times of future medical need. The Company is also the licensee of various stem cell technologies, including a worldwide exclusive license to VSEL Technology which uses very small embryonic-like stem cells, shown to have several physical characteristics that are generally found in embryonic stem cells, and is pursuing the licensing of other technologies for therapeutic use. NeoStem’s majority-controlled Chinese pharmaceutical operation, Suzhou Erye, manufactures and distributes generic antibiotics in China. For more information, please visit: http://www.neostem.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management’s current expectations, as of the date of this press release, and involve certain risks and uncertainties. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Factors that could cause future results to materially differ from the recent results or those projected in forward-looking statements include the “Risk Factors” described in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2010, as well as other periodic filings made with the Securities and Exchange Commission. The Company’s further development is highly dependent on future medical and research developments and market acceptance, which is outside its control.
About Maxim Group
Maxim Group LLC is a full-service investment banking firm headquartered in New York. Maxim Group provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales and trading as well as equity research. The investment banking group focuses on middle market and emerging growth companies within the shipping, energy, health care, technology, retail, and business and financial services sectors. The institutional coverage of Maxim Group spans North and South America, Europe and Asia. Maxim Group LLC is a registered as a broker-dealer with the U.S. Securities and Exchange Commission and is a member of the following: Financial Industry Regulatory Authority (FINRA); Municipal Securities Rulemaking Board (MSRB); Securities Insurance Protection Corporation (SIPC); International Securities Exchange (ISE); NASDAQ Stock Market and the NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com.
About The Proactive Investors One2One Investor Forum
The Proactive Investors group operates a successful “investor forums” where three or four companies present to an audience of high net sophisticated investors, fund managers, hedge funds, private client brokers and analysts. Proactive Investors is a leading multi-media news organization, investor portal and events management business with offices in New York, Sydney, Toronto, Frankfurt and London. Proactive Investors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of listed companies across the globe daily.
NeoStem, Inc. | |
Robin Smith, CEO | |
Phone: +1 (212) 584-4174 | |
E-mail: rsmith@neostem.com | |
SOURCE NeoStem, Inc.