Welcome to our dedicated page for Biorestorative Therapies news (Ticker: BRTX), a resource for investors and traders seeking the latest updates and insights on Biorestorative Therapies stock.
BioRestorative Therapies Inc (BRTX) is a pioneering biotechnology company advancing autologous stem cell therapies for chronic disc/spine conditions and metabolic disorders. This dedicated news hub provides investors and industry professionals with essential updates on clinical developments, regulatory milestones, and corporate announcements.
Access timely information about BRTX-100 clinical trials, metabolic program research, financial disclosures, and strategic partnerships. Our curated collection ensures transparent tracking of progress in regenerative medicine, featuring official press releases and verified news coverage.
Key focus areas include FDA communications, peer-reviewed study results, intellectual property developments, and executive leadership updates. Users benefit from centralized access to critical information for informed decision-making without promotional bias.
Bookmark this page for ongoing updates on BioRestorative Therapies' innovative work in cell-based medical solutions. Check regularly for new developments in non-surgical treatment alternatives and metabolic health innovations.
BioRestorative Therapies, Inc. (NASDAQ:BRTX) announced that CEO Lance Alstodt will appear on the NewMedia Show on December 21, 2021. The show features discussions on various topics, leveraging a broad audience across social media platforms, including YouTube and LinkedIn. Alstodt expressed excitement to share the company’s 2021 achievements and future plans. BioRestorative specializes in adult stem cell-based therapies and is developing treatments for disc/spine disease and metabolic disorders, notably BRTX-100 for chronic lower back pain.
BioRestorative Therapies (NASDAQ: BRTX) recently shared a year-end update reflecting on 2021's achievements and 2022 goals. The company raised $23 million through a capital raise, enabling it to fund its Phase 2 clinical trial for BRTX-100, targeting chronic lumbar disc disease. Major milestones included uplisting to the Nasdaq, eliminating all debt, and restructuring operations. Looking ahead, BioRestorative aims to enroll patients for the BRTX-100 trial and further develop its products, particularly its ThermoStem® program.
BioRestorative Therapies, Inc. (NASDAQ:BRTX) has filed ten patent applications with the USPTO relating to its BRTX-100 program aimed at treating chronic lumbar disc disease. The patents focus on manufacturing methods for stem cells that can survive in low-oxygen environments, crucial for effective therapy. This strengthens the company's intellectual property portfolio. BioRestorative is FDA-authorized to begin a Phase 2 clinical trial for BRTX-100.
BioRestorative Therapies (NASDAQ:BRTX) has signed a letter of intent with PRC Clinical to provide startup CRO services for its BRTX-100 Phase 2 trial. This trial aims to treat chronic lumbar disc disease using an innovative stem cell therapy. PRC Clinical brings 20 years of experience in clinical trial management, enhancing patient enrollment and site monitoring. The collaboration marks a significant step towards FDA validation of their technology. CEO Lance Alstodt highlighted the importance of this partnership in updating shareholders throughout the regulatory process.
BioRestorative Therapies (NASDAQ:BRTX) announces the appointment of Robert Kristal as Chief Financial Officer. Kristal, with extensive experience in corporate finance and strategic collaborations, aims to enhance the company's financial strategy and communication with public markets. His role comes at a critical time as BioRestorative prepares to initiate clinical trials following a successful restructuring into a debt-free entity. The company is focused on developing innovative therapies, notably BRTX-100 for disc disorders and ThermoStem for metabolic conditions.
BioRestorative Therapies (NASDAQ: BRTX) announced the closing of a public offering, raising approximately $23 million by issuing 2,300,000 units priced at $10.00 each. Each unit includes one share of common stock and a warrant to purchase an additional share at the same price, exercisable immediately for five years. The offering's proceeds will support BRTX's clinical programs in stem cell-based treatments for spinal and metabolic disorders. The company's stock was recently listed on the Nasdaq Capital Market.
BioRestorative Therapies, Inc. (NASDAQ: BRTX) has announced a public offering of 2,300,000 units, priced at $10.00 each, consisting of common stock and warrants. The offering is projected to raise gross proceeds of $23 million. This marks a significant milestone as the company's common stock will begin trading on The Nasdaq Capital Market under the ticker symbol 'BRTX' from November 5, 2021. The offering is expected to close around November 9, 2021, and includes an option for underwriters to purchase up to 345,000 additional shares. Funds raised aim to enhance the company’s financial position.
BioRestorative Therapies (BRTX) announced a 1-for-4,000 reverse stock split to facilitate its planned listing on The Nasdaq Capital Market. The split is effective from October 27, 2021, with the temporary ticker symbol BRTXD. Following the split, outstanding shares will decrease from approximately 3.49 billion to 872,211. The company believes this action meets Nasdaq's initial listing requirements, enhancing its appeal to institutional investors and access to capital.
BioRestorative Therapies, Inc. (OTC: BRTX) announced the nomination of Patrick F. Williams and David Rosa to its Board of Directors. This strategic move reflects the company's aim to enhance leadership with experienced professionals in the medical device industry. Williams, CFO at STAAR Surgical, and Rosa, CEO of NeuroOne, will bring valuable expertise to support BioRestorative's focus on cell therapies and overall growth. Their election is contingent upon the effectiveness of the company’s pending registration statement.
BioRestorative Therapies (OTC: BRTX) announced a significant milestone on September 23, 2021, as the Israeli Patent Office granted a Notice of Allowance for its ThermoStem program patent application. This patent will safeguard the use of implantable scaffolds that incorporate human brown adipose tissue stem cells, potentially treating various degenerative and metabolic disorders. CEO Lance Alstodt expressed satisfaction with the broader protection provided by this allowance compared to existing US patents, highlighting the technology's therapeutic relevance.
