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BIOSTEM TECHNOLOGIES NEW - BSEM STOCK NEWS

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BioStem Technologies is a leading innovator in regenerative therapies, utilizing perinatal tissue to develop and commercialize allografts that change lives. Their proprietary BioREtain® processing method preserves tissue structure and growth factors, setting them apart in the market. With quality brands like AmnioWrap2™ and VENDAJE®, BioStem Technologies is at the forefront of regenerative medicine.

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BioStem Technologies reported a record first quarter revenue of $41.9 million for 2024, marking a significant 71-fold increase from $0.6 million in Q1 2023. This impressive growth is attributed to the commercial success of AmnioWrap2®, a placental-derived allograft product. Gross profit surged to $39.7 million, representing 95% of revenue, up from 82% in the same period last year. The company also achieved a positive GAAP net income for the first time, reflecting strong financial health. Operationally, BioStem completed a two-year audit, expanded processing capacity, and enhanced its clinical capabilities. Key developments include the USPTO's prioritized examination of a critical patent and the engagement of McCoy Clinical Consulting for clinical trials.

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BioStem Technologies Inc. (OTC: BSEM) will report its first quarter 2024 financial results on Tuesday, May 14, 2024. The leading biotechnology company specializes in placental derived allografts for advanced wound care. A conference call and webcast discussing the financial results and corporate updates will be held at 4:30 pm ET on the same day.

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BioStem Technologies Inc. (OTC: BSEM) has been granted Prioritized Examination by the USPTO for its patent application on STERILE HUMAN PLACENTAL ALLOGRAFTS AND METHODS OF MAKING THEREOF. This patent protects BioStem's method of processing human amniotic tissue, important for wound care treatment. The global wound care dressing market is projected to grow at a CAGR of 4.16% from 2024 to 2030.

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BioStem Technologies Inc. (OTC: BSEM) has hired Nick McCoy to lead the Diabetic Foot Ulcer (DFU) and Venous Leg Ulcer (VLU) clinical trials for their BioREtain Allografts. These trials aim to meet the evolving reimbursement landscape requirements and ensure patient access to their products. McCoy's extensive experience in clinical research will help accelerate the completion of trials and demonstrate the real-world benefits of BioStem's products.

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BioStem Technologies Inc. (OTC: BSEM) CEO, Jason Matuszewski, will present at the 2024 Planet MicroCap Showcase in Vegas. The company focuses on placental derived biologics for advanced wound care. The event aims to discuss the company's growth strategy for 2024.
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BioStem Technologies Inc. has completed a two-year audit, positioning itself for an uplisting to a senior stock exchange. The successful audit enhances transparency and regulatory compliance, showcasing robust revenue growth in 2023.
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BioStem Technologies Inc. CEO, Jason Matuszewski, will present at the LD Micro Invitational Conference to discuss the company's growth in 2023 and future plans for 2024, including the successful launch of Amniowrap2™. The conference will feature presentations from 80 companies with one-on-one meeting opportunities.
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BioStem Technologies Inc. (BSEM) reported exceptional financial results for the fourth quarter and full year 2023, with revenue reaching $11.5 million, a 1,355% year-over-year growth. The successful commercial launch of AmnioWrap2 drove this growth, leading to a gross margin of 95% and an Adjusted EBITDA income of $1.67 million in the fourth quarter. The company also highlighted key operational achievements, including acquisitions, clinical trials initiation, and product portfolio expansion. Despite increased operating expenses, BioStem projects strong growth in 2024.
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BioStem Technologies Inc. (BSEM) will release its fourth quarter 2023 financial results on April 1st, 2024. The company, specializing in regenerative medicine, will host a conference call to discuss the financial results and provide a corporate update.
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BioStem Technologies Inc. (OTC: BSEM) reports a significant increase in net revenues for the fourth quarter of 2023, reaching $11.5 million, and for the full year, reaching $16.7 million. The company highlights the successful launch and widespread acceptance of Amniowrap2™, its innovative placental-derived allograft product. BioStem also announces key operational updates, including commercialization agreements and government contract listings. Recent achievements include the appointment of a new Chief Commercial Officer and the establishment of national pricing for AmnioWrap2TM. The company plans to discuss its financial results in a conference call scheduled for March 2024.
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FAQ

What is the current stock price of BIOSTEM TECHNOLOGIES NEW (BSEM)?

The current stock price of BIOSTEM TECHNOLOGIES NEW (BSEM) is $14.95 as of January 29, 2025.

What is the market cap of BIOSTEM TECHNOLOGIES NEW (BSEM)?

The market cap of BIOSTEM TECHNOLOGIES NEW (BSEM) is approximately 239.3M.

What sets BioStem Technologies apart from competitors?

BioStem Technologies differentiates itself with the proprietary BioREtain® processing method that preserves tissue structure and growth factors, ensuring effective regenerative therapies.

What products does BioStem Technologies offer?

BioStem Technologies' portfolio includes quality brands like AmnioWrap2™, VENDAJE®, VENDAJE AC®, and VENDAJE OPTIC®, all aimed at providing cutting-edge regenerative solutions.

Where are BioStem Technologies' products processed?

All BioStem Technologies placental allografts are processed at the FDA-registered and AATB-accredited site in Pompano Beach, Florida, ensuring quality and safety.

How does BioStem Technologies contribute to the wound care market?

BioStem Technologies plays a significant role in the wound care market by leveraging natural properties of perinatal tissue to develop allografts that support wound healing and tissue regeneration.

What is the significance of BioStem Technologies' recent patent approval?

BioStem Technologies' patent approval for their method of processing human amniotic tissue strengthens their intellectual property and positions them as a leader in regenerative medicine.
BIOSTEM TECHNOLOGIES NEW

OTC:BSEM

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239.26M
9.35M
Biotechnology
Healthcare
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United States of America
Pompano Beach