Welcome to our dedicated page for Biostem Tech news (Ticker: BSEM), a resource for investors and traders seeking the latest updates and insights on Biostem Tech stock.
BioStem Technologies, Inc. (OTC: BSEM) generates news that reflects its role as a MedTech company focused on placental-derived allografts for advanced wound care and regenerative therapies. Coverage of BSEM often centers on clinical trial milestones, reimbursement developments, financial reporting, and operational updates related to its BioRetain®-processed product portfolio, which includes brands such as AmnioWrap2™, VENDAJE®, VENDAJE AC®, VENDAJE OPTIC®, American Amnion™, and American Amnion AC™.
Investors and healthcare professionals following BSEM news can expect updates on randomized controlled trials and other clinical studies evaluating BioRetain-preserved placental allografts in chronic wound indications like diabetic foot ulcers and venous leg ulcers. The company has reported top-line clinical results from a multicenter randomized controlled trial in non-healing diabetic foot ulcers, as well as comparative studies versus standard of care and competitor products, and these types of announcements are key components of its news flow.
Another major theme in BioStem’s news is reimbursement and policy. The company regularly comments on Centers for Medicare & Medicaid Services (CMS) rules and Local Coverage Determinations affecting skin substitutes and cellular and tissue-based products. News items have addressed the placement of VENDAJE and VENDAJE AC in a “12-Month Status Quo” category under certain LCDs, the withdrawal of specific LCDs, and the inclusion of these products on Florida Medicaid’s list of covered skin substitutes, along with coverage in multiple state Medicaid programs.
Financial and corporate developments also feature prominently. BioStem has issued press releases on quarterly financial results, restated financial statements related to the treatment of bona fide services fees in a distribution agreement, and the appointment of a new independent registered public accounting firm. Operational news has included the purchase of land in the Research Park at Florida Atlantic University in Boca Raton, Florida, for a future headquarters, as well as partnerships to serve the U.S. Department of Veterans Affairs and community initiatives supporting veterans.
By monitoring this news page, readers can follow BioStem’s clinical evidence generation, reimbursement positioning, financial reporting, and strategic initiatives as they relate to its placental-derived advanced wound care products and BioRetain processing technology.
BioStem Technologies (OTC: BSEM), a MedTech company specializing in placental-derived products for advanced wound care, announces its participation in the Goldman Sachs 46th Annual Global Healthcare Conference in Miami. CEO Jason Matuszewski will engage in a fireside chat and one-on-one meetings.
BioStem Technologies leverages its proprietary BioREtain® processing method to develop and manufacture allografts. The company's portfolio includes AmnioWrap2™, VENDAJE®, VENDAJE AC®, and VENDAJE OPTIC® products. Their facility in Pompano Beach, Florida, is FDA registered and AATB accredited, operating under cGTP and cGMP standards.
BioStem Technologies (OTC: BSEM), a MedTech company specializing in placental-derived biologics for advanced wound care, has scheduled its first quarter 2025 financial results announcement for May 12, 2025.
The company will host a conference call and webcast at 4:30 PM ET, featuring presentations from CEO Jason Matuszewski and CFO Michael Fortunato. Investors can participate through:
- North America Toll-Free: (800) 715-9871
- International Toll: +1 (646) 307-1963
- Conference ID: 9695874
Interested parties can register for the webcast through the provided link and stay updated by joining BioStem's distribution list and following their social media channels on X and LinkedIn.
BioStem Technologies (OTC: BSEM), a MedTech company specializing in placental-derived products for advanced wound care, has announced its participation in the upcoming Centri Capital Conference at Nasdaq headquarters in New York City.
CEO Jason Matuszewski will deliver a presentation on April 22, 2025, at 10:30 AM ET and conduct one-on-one meetings with interested parties. The company's core technology, BioREtain®, is their proprietary processing method focused on maintaining growth factors and preserving tissue structure.
BioStem's portfolio includes AmnioWrap2™, VENDAJE®, VENDAJE AC®, and VENDAJE OPTIC® products, all processed at their FDA registered and AATB accredited facility in Pompano Beach, Florida. The company maintains quality management systems and standard operating procedures accredited by the American Association of Tissue Banks, following current Good Tissue Practices and Good Manufacturing Processes.
BioStem Technologies (BSEM) reported record preliminary Q4 2024 financial results with net revenue of $102.9 million and full-year revenue of $301.8 million, marking a 1,709% increase from 2023. The company achieved $15.5 million in Q4 GAAP net income ($0.94 per share), its fourth consecutive profitable quarter.
Q4 gross profit reached $99.3 million (97% margin), driven by the nationwide launch of Vendaje AC® and continued demand for AmnioWrap2®. Operating expenses increased to $90.9 million due to expanded headcount and higher service fees.
Recent milestones include initiating three clinical trials for diabetic foot ulcers and venous leg ulcers, securing national CMS pricing for Vendaje AC®, and receiving a patent allowance for placental allografts. The company is currently undergoing SEC review for a planned Nasdaq uplisting.
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