Stemtech Corporation Announces Stem Cell Industry Growth and Awareness of Health Consciousness

Rhea-AI Summary

Stemtech Corporation (OTCQB:STEK) announced significant advancements in the stem cell nutrition sector, emphasizing the rising investment in R&D, projected to reach $4.5 billion by 2027. President John W. Meyer highlighted the launch of new stemceuticals focusing on health and wellness, with a skincare product debuting at the December Cancun event. Tully & Holland noted a growing consumer focus on health post-pandemic, while CEO Cliff Layton projected revolutionary products from their R&D division, Life Factor Research. Founded in 2018, Stemtech continues to innovate in the stem cell market.

Positive

• Projected growth in the stem cell market from $1.9 billion in 2022 to $4.5 billion by 2027.
• Launch of new stemceuticals, including skincare products aimed at enhancing health and wellness.
• Specific focus on proprietary compounds and innovative delivery methods in ongoing R&D efforts.

Negative

• None.

MIRAMAR, FL / ACCESSWIRE / November 7, 2022 / Stemtech Corporation ("Stemtech") (OTCQB:STEK), an innovative stemceutical™ company and the pioneer in the field of stem cell nutrition, today re-iterated the growing scientific understanding of the significance of stem cells as a key benefit in health. This is validated by the amount of funding in R&D efforts underway as reported by Research and Marketing publication. More businesses are realizing the opportunity for helping people as well as profitability, something Stemtech saw over 17 years ago when they created and opened their commerce in the stem cell nutrition sector.

Stemtech Corporation President and Chief Operating Officer, John W. Meyer, said "Stemtech strategically focuses on the creation of new and cutting-edge stemceuticals, including skin care, anti-aging, natural well-being and longevity with emphasis on the use of the bodies' own stem cells to facilitate better health, rejuvenation and overall wellness. Stemtech now has Life Factor Research (LFR) as our R & D division for development of new products for an ever-growing market interested in improved quality of life and better health. Improving internal health and external wellness is our strategic direction. The first new Stemtech skincare product designed by LFR will be unveiled at the December Cancun leadership event, with more to follow in 2023. Stemtech has always known that the field of stem cells would gain momentum, whether via biotech or pharma seen by the expansion of research as reported by Research and Marketing, where investment funding is expected to grow from $1.9 billion in 2022, to an estimated $4.5 billion by 2027."

Investment bankers Tully & Holland, opine that "A long-running socioeconomic shift toward increased health consciousness was further accelerated during the pandemic. Consumers realize that there is simply no substitute for good health and are increasingly focused on treating their bodies with greater care and respect. Whether through diet, exercise, or a combination of both, supplement consumption is a core tenant of this perception." They go on to say "this has opened a market for producers to specialize products at the individual consumer level and created a new wave of innovation." Stemtech has been focused on this since 2005. Stemtech is listed as one of 25 publicly traded companies in this market space by Tully & Holland.

Cliff Layton, CEO of Stemtech's Life Factor Research Division, says "LFR has aggregated tremendous proprietary compounds, formulations, delivery and absorption technologies as well as patents that will be introduced into the market, truly revolutionary products which will, in some cases, be category creating. The collective potential in a space that is experiencing growth at a level never seen before will enable Stemtech to continue to be a leader in the stem cell technology market and much more."

About Stemtech Corporation

Stemtech Corporation, a leading stemceutical company with a direct sales distribution model, was founded on April 18, 2018, after acquiring the operations from its predecessor Stemtech International, Inc. which was founded in 2005. From 2010 through 2015, Stemtech International, Inc., was recognized four separate times on the Inc. 5000 Fastest-Growing Companies list. In 2018, Stemtech specializes in creating products and formulas that are patent protected in the U.S. and in select international markets. The Company's patented formulas help the release, circulation and migration of the body's adult stem cells from its bone marrow.

The Company markets its products under the following brands: RCM System, stemrelease3^™, Stemflo^® MigraStem, OraStem^® (Oral Health Care), and D-Fuze^™ (EMF blocker). Its stemceutical products are all-natural, plant-based and manufactured under cGMP (Current Good Manufacturing Practices) under the auspices of the Dietary Supplement Health and Education Act (DSHEA). For more information, please visit www.stemtech.com.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our company's management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and/or other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and/or regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our latest 10-Q Report filed on August 23, 2022. We undertake no duty to update any forward-looking statement, or any information contained in this press release or in other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Stemtech Corporation which are condoned by the Company must emanate from the Company itself and bear our name as its Source.

www.Stemtech.com

Investor Relations:

Phone: 954-715-6000 ext 1040
Email: invrel@stemtech.com

SOURCE: Stemtech Corporation

View source version on accesswire.com:
https://www.accesswire.com/724128/Stemtech-Corporation-Announces-Stem-Cell-Industry-Growth-and-Awareness-of-Health-Consciousness

FAQ

What is the significance of Stemtech Corporation's recent announcement regarding the stem cell industry?

Stemtech announced a projected growth in the stem cell industry, with investments expected to rise from $1.9 billion in 2022 to $4.5 billion by 2027, highlighting ongoing R&D significance.

When will Stemtech unveil its new skincare product?

Stemtech plans to unveil its first new skincare product at the December Cancun leadership event.

What market trends is Stemtech Corporation capitalizing on?

Stemtech is capitalizing on a trend of increased health consciousness among consumers, further accelerated by the pandemic.

What role does Life Factor Research play in Stemtech's business strategy?

Life Factor Research is Stemtech's R&D division focused on creating innovative stemceuticals and proprietary formulations.

How has consumer behavior changed post-pandemic according to Stemtech's announcement?

Consumers are now more focused on health, which has spurred demand for dietary supplements and specialized health products, as noted by Tully & Holland.