STOCK TITAN

Biostem Tech - BSEM STOCK NEWS

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.

About BioStem Technologies, Inc. (BSEM)

BioStem Technologies, Inc. (OTC: BSEM) is a pioneering MedTech company specializing in the development, manufacture, and commercialization of placental-derived biologics for regenerative therapies. Headquartered in Pompano Beach, Florida, BioStem leverages the natural properties of perinatal tissue to create innovative solutions that address critical healthcare needs, particularly in advanced wound care. The company’s proprietary BioREtain® processing method preserves the biological properties of placental tissue, maintaining growth factors and tissue structure to enhance healing outcomes. Accredited by the American Association of Tissue Banks (AATB) and compliant with FDA regulations, BioStem is committed to delivering high-quality, life-changing products.

Core Product Portfolio

BioStem’s product portfolio is centered around its placental tissue allografts, which are processed using its patented BioREtain® method. Key products include:

  • AmnioWrap2™: A minimally manipulated dehydrated tissue allograft designed to promote wound healing and closure.
  • VENDAJE® and VENDAJE AC®: Advanced wound care solutions that act as protective barriers to support the body’s natural healing processes.
  • VENDAJE OPTIC®: A specialized product targeting ocular applications.

These products are widely used in treating chronic wounds, such as diabetic foot ulcers (DFUs), venous leg ulcers (VLUs), and surgical wounds. Clinical trials and peer-reviewed studies have validated the efficacy of BioStem’s solutions, demonstrating superior outcomes compared to traditional treatments.

Market Position and Growth

Operating within the rapidly expanding regenerative medicine market, BioStem is strategically positioned to capitalize on the growing demand for advanced wound care solutions. The global stem cell and wound care markets are projected to reach billions in valuation by the end of the decade, providing significant opportunities for BioStem’s innovative products. The company’s focus on securing Medicare reimbursement and forming strategic partnerships, such as its collaboration with Venture Medical, has expanded its market reach across all 50 states.

Strategic Initiatives

BioStem has undertaken several initiatives to drive growth and enhance shareholder value:

  • Clinical Trials: Ongoing studies, such as BR-AC-DFU-101, aim to demonstrate the clinical superiority of BioStem’s products over standard care, further validating their efficacy.
  • Regulatory Milestones: The company has achieved Medicare reimbursement for key products and is working towards Nasdaq uplisting to increase market visibility and access to capital.
  • Acquisitions: Strategic acquisitions, like the planned integration of ProgenaCare’s product portfolio, are expected to broaden BioStem’s offerings and strengthen its position in the hospital-based market segments.

Competitive Advantages

BioStem’s competitive edge lies in its proprietary BioREtain® technology, which ensures the preservation of critical biological properties in its allografts. This innovation, combined with its focus on clinical validation, regulatory compliance, and strategic partnerships, positions BioStem as a trusted name in regenerative medicine. Additionally, the company’s robust quality management system, accredited by AATB, underscores its commitment to excellence and reliability.

Commitment to Innovation and Excellence

Led by a visionary leadership team, BioStem continues to invest in R&D, clinical trials, and strategic collaborations to advance its mission of improving patient outcomes. The company’s dedication to leveraging cutting-edge science and maintaining the highest standards of quality and compliance ensures its long-term success in the competitive MedTech landscape.

Conclusion

BioStem Technologies, Inc. represents a compelling opportunity within the regenerative medicine sector. With its innovative product portfolio, strategic growth initiatives, and unwavering commitment to quality, BioStem is poised to make a lasting impact on advanced wound care and beyond.

Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.91%
Tags
none
-
Rhea-AI Summary
BioStem Technologies Inc. (BSEM) appoints Shawn McCarrey as Chief Commercial Officer, bringing a strong track record of success and deep experience in regenerative medicine markets. Mr. McCarrey has a proven history of transforming care standards in diverse fields such as regenerative medicine, wound care, and podiatry, with significant achievements in boosting company growth rates and expanding sales forces.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary
BioStem Technologies Inc. (OTC: BSEM) appoints Patrick Daly to its Board of Directors. Daly brings extensive industry experience and relationships in the Biomaterials and MedTech market segments. He has a successful track record in operations, strategy, sales, marketing, fundraising, and partnership-building.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.26%
Tags
management
Rhea-AI Summary
BioStem Technologies Inc. (OTC: BSEM) announces that the Center for Medicare Services (CMS) has established national pricing for its product, AmnioWrap2™, in all Medicare Administrative Contractors (MAC) regions, effective Jan 1, 2024. The company exclusively commercializes AmnioWrap2™ through Venture Medical LLC, an innovative solutions provider in the U.S. wound care market. The CEO emphasized the significance of this achievement, highlighting the benefit it brings to Medicare patients across the United States. The President of Venture Medical LLC expressed eagerness to provide more clinical results and support formal clinical studies, expecting broad product adoption throughout the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
27.43%
Tags
none
-
Rhea-AI Summary
BioStem Technologies Inc. (OTC:BSEM) appoints Mr. Thomas J. Dugan as Chairman of the Board. Mr. Dugan brings extensive experience in wound care and surgical fields, having transformed businesses and established new market opportunities. BioStem CEO, Jason Matuszewski, looks forward to benefiting from Mr. Dugan's leadership and industry experience to optimize value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.72%
Tags
management
-
Rhea-AI Summary
BioStem Technologies Inc. (OTC: BSEM) reported financial results for the quarter ended September 30, 2023, showcasing a remarkable year of growth and milestones. The company's earnings call will highlight significant achievements, including securing a CMS Q code for VENDAJE AC®, a successful capital raise, and crucial clinical trials for diabetic foot ulcers. The quarter also saw game-changing partnerships with NovaBay Pharmaceuticals and Venture Medical, reflecting BioStem's dedication to transforming regenerative medicine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.85%
Tags
Rhea-AI Summary
BioStem Technologies Inc. (OTC:BSEM) announced that the Centers for Medicare and Medicaid Services (CMS) has published a new Q code, Q4279 for VENDAJE AC® for advanced wound care, effective January 1st, 2024. This code will ensure broader access and reimbursement pathways for the product, marking a significant milestone for the company's portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.8%
Tags
none
-
Rhea-AI Summary
BioStem Technologies Inc. plans to release its third quarter 2023 financial results on Tuesday, November 14, 2023. The company will host a conference call and webcast to discuss the financial results and provide a corporate update.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
conferences earnings
-
Rhea-AI Summary
BioStem Technologies Inc. has closed an oversubscribed private placement of common stock, raising $2 million in gross proceeds. The placement consisted of 1,337,000 units at a price of $1.50 per unit. The company plans to use the net proceeds to complete clinical trials, expand brand awareness and product distribution, and execute product pipeline plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
Tags
none
Rhea-AI Summary
BioStem Technologies Inc. has announced the opening of the first site for its clinical trial evaluating the Vendaje tissue allograft in the treatment of diabetic foot ulcers. The trial aims to showcase the effectiveness of the product and the advantages of BioStem's proprietary BioREtain process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.7%
Tags
none

FAQ

What is the current stock price of Biostem Tech (BSEM)?

The current stock price of Biostem Tech (BSEM) is $13 as of March 3, 2025.

What is the market cap of Biostem Tech (BSEM)?

The market cap of Biostem Tech (BSEM) is approximately 293.8M.

What does BioStem Technologies specialize in?

BioStem Technologies specializes in developing and commercializing placental-derived biologics for regenerative therapies, focusing on advanced wound care solutions.

What is BioREtain® technology?

BioREtain® is BioStem’s proprietary processing method that preserves the biological properties of placental tissue, enhancing its efficacy in wound healing.

What are BioStem’s key products?

Key products include AmnioWrap2™, VENDAJE®, VENDAJE AC®, and VENDAJE OPTIC®, all designed to support wound healing and tissue regeneration.

How does BioStem differentiate itself from competitors?

BioStem leverages its proprietary BioREtain® technology, rigorous clinical validation, and strategic partnerships to deliver superior regenerative solutions.

What markets does BioStem target?

BioStem targets the advanced wound care market, including diabetic foot ulcers, venous leg ulcers, and surgical wounds, with a focus on Medicare reimbursement and hospital-based segments.

Is BioStem pursuing Nasdaq uplisting?

Yes, BioStem has filed a Registration Statement and is working towards uplisting to Nasdaq to enhance market visibility and access to capital.

What are the growth drivers for BioStem?

Growth drivers include product innovation, strategic acquisitions, Medicare reimbursement, and clinical trials demonstrating product efficacy.

Where are BioStem’s products manufactured?

BioStem’s products are manufactured at its FDA-registered and AATB-accredited facility in Pompano Beach, Florida.

What is the significance of BioStem’s clinical trials?

BioStem’s clinical trials aim to validate the efficacy of its products, such as AmnioWrap2™, against standard care, supporting market expansion and payer coverage.

What is BioStem’s mission?

BioStem’s mission is to harness the natural properties of perinatal tissue to develop innovative solutions that improve patient outcomes and transform lives.
Biostem Tech

OTC:BSEM

BSEM Rankings

BSEM Stock Data

293.77M
9.35M
Biotechnology
Healthcare
Link
United States
Pompano Beach