BNET Industries

Market Cap:$59.5M
Last Fiscal Year Sales:$83.5K
  • Public
  • US
Dow Jones Description

NeoStem is engaged in a platform business of operating a commercial autologous (donor and recipient are the same) adult stem cell bank and is pioneering the pre-disease collection, processing and long-term storage of stem cells from adult donors which can then be accessed for their own future medical treatment. We are managing a network of adult stem cell collection centers in major metropolitan areas of the United States. We have also entered the research and development arenas, through the acquisition of a worldwide exclusive license to an early-stage technology to identify and isolate rare stem cells from adult human bone marrow, called VSEL (very small embryonic-like) stem cells. VSELs have many physical characteristics typically found in embryonic stem cells, including the ability to differentiate into specialized cells found in substantially all the different types of cells and tissue that make up the body. Additionally, we are pursuing other technologies to advance our position in the field of stem cell tissue regeneration. The adult stem cell industry is a field independent of embryonic stem cell research which NeoStem believes is more likely to be burdened by regulatory, legal, ethical and technical issues than adult stem cell research. Embryonic stem cell research is also burdened with the issues of tissue compatibility. ...

Chief Executive Officer
Robin Smith
Number of Employees 12
Contact Information

420 Lexington Ave Ste 450

New York

neostem.com

(212) 584-4180

NAICS Code All Other Miscellaneous Ambulatory Health Care Services: 621999

Recent Events

  • NeoStem, Inc. Outlines to Shareholders Near-term and Long-term Business Strategies Following Acquisition of Chinese Pharmaceutical...

    11/19/09 - Merger / Acquisition - View Story

  • NeoStem Takes over China Biopharmaceuticals Holdings

    11/03/09 - Merger / Acquisition - View Story

  • United States Securities and Exchange Commission Declares Effective Registration Statement for NeoStem's Acquisition of China...

    10/07/09 - Merger / Acquisition - View Story

  • BRIEF-NeoStem president resigns

    10/06/09 - Mgmt. Change Leaving - President - View Story

  • Cardiokine taps Glaxo vet as new CEO

    10/07/09 - Mgmt. Change Entering - Vice President - View Story

  • NeoStem, Inc. Appoints International Expert in Endocrinology and Pharmacology as Vice President of Drug Development...

    7/10/09 - Mgmt. Change Entering - Other - View Story

  • NeoStem Raises Additional Funds from Principals of Suzhou Erye Pharmaceuticals Company Ltd. and U.S. Institutional...

    7/01/09 - New Investment - View Story

  • NeoStem Signs Agreement with Shanghai Corporation to Develop A Stem Cell Collection and Treatment Network...

    6/18/09 - Joint Venture / Alliance - View Story

News & Analysis

neostem inc. - All News and Analysis

  • NeoStem Closes China Biopharma Acquisition to Boost Revenues

    Seeking Alpha - 2009-11-03

    ChinaBio Today submits: NeoStem, Inc. NBS announced it has closed its acquisition of China Biopharmaceuticals Holdings, Inc. (CHBP.OB). China Biopharma’s sole asset is a 51% stake in Suzhou Erye Pharmaceutical Co., a 50-year old pharmaceutical company that expects to generate $60 million in revenue and net income of $12...

    Tags: Healthcare, ChinaBio Today, NeoStem Inc.

  • NeoStem Moves Ahead with China Biopharma Acquisition

    Seeking Alpha - 2009-10-09

    ChinaBio Today submits: NeoStem, Inc. NBS reported the SEC accepted its registration proposal to acquire China Biopharmaceutical Holdings (CHBP.OB) in an all-stock transaction. China Biopharma’s only asset is a 51% interest in Suzhou Erye Pharmaceutical Co., a generic drug manufacturer that in 2008 produced $50 million in revenues and...

    Tags: Biotech, China, ChinaBio Today, NeoStem Inc.

  • NeoStem: A 3-Part China Merger Strategy

    Seeking Alpha - 2009-10-08

    Mike Havrilla submits: NeoStem (AMEX: NBS) is an innovator and leader in the pre-disease collection, processing and long-term storage of adult stem cells for the general population to use in future medical applications that is expanding into research, medical tourism, and China for the commercialization of anti-aging / cosmetic medicine...

    Tags: China, Mike Havrilla, NeoStem Inc.

  • NeoStem: Pending Merger Key to China Growth Strategy

    Seeking Alpha - 2009-09-16

    Mike Havrilla submits: NeoStem (AMEX: NBS) is an innovator and leader in the pre-disease collection, processing and long-term storage of adult stem cells for the general population to use in future medical applications. The company's business model includes generating revenue through ongoing fees associated with a minimally invasive, proprietary stem...

    Tags: Biotech, Healthcare, Mike Havrilla, NeoStem Inc.

  • NeoStem Raises an Additional $4 Million

    Seeking Alpha - 2009-07-05

    ChinaBio Today submits: NeoStem, Inc. NBS has raised another $4 million from institutional and private investors. The terms of the funding were the same as those for the company’s previous fund raising, an $11 million private placement in April involving three Asia-based investors. Also, affiliates of Suzhou...

    Tags: China, ChinaBio Today, NeoStem Inc.

  • NeoStem Makes Good on China Medical Tourism Initiative with Stem Cell Deal

    Seeking Alpha - 2009-06-15

    ChinaBio Today submits: NeoStem, Inc. NBS, a company built on collection and storage of adult stem cells, signed an exclusive 10-year agreement with Enhance BioMedical Holdings Limited of Shanghai. Using NeoStem developed techniques, Enhance will build a stem cell collection and treatment network. The facilities are targeted for Shanghai,...

    Tags: China, ChinaBio Today, NeoStem Inc.

  • NeoStem: Pro-Active Research Initiates Coverage with Speculative Buy

    Seeking Alpha - 2009-06-05

    Mike Havrilla submits: NeoStem, Inc. (AMEX:NBS) is a pioneer and leader in the pre-disease collection, processing and long-term storage of adult stem cells for the general population to use in future medical applications. The Company's business model includes generating revenue through ongoing fees associated with a minimally invasive, proprietary stem...

    Tags: Biotech, Mike Havrilla, NeoStem Inc.

  • NeoStem: Expanding Beyond Stem Cell Banking

    Seeking Alpha - 2009-05-18

    Mike Havrilla submits: NeoStem (AMEX:NBS) is a pioneer and leader in the pre-disease collection, processing and long-term storage of adult stem cells for the general population to use in future medical applications. The Company's business model includes generating revenue through ongoing fees associated with a minimally invasive, proprietary stem cell...

    Tags: Biotech, Healthcare, Mike Havrilla, NeoStem Inc.

  • NeoStem Acquires Asia Rights to Stem Cell Treatment

    Seeking Alpha - 2009-05-11

    ChinaBio Today submits: NeoStem, Inc. NBS in-licensed the Asia rights for Regenrexx, a process that uses a patient’s own mesenchymal stem cells to regenerate joints and bones as an alternative to surgery. After isolating mesenchymal stem cells from bone marrow, the process cultures them for two to three...

    Tags: China, ChinaBio Today, NeoStem Inc.

  • NeoStem Makes Headway in Stem Cell Industry

    Seeking Alpha - 2009-05-06

    ChinaBio Today submits: NeoStem, Inc. NBS in-licensed worldwide rights to Primcel, a mesenchymal bone marrow stem cell product that, in early clinical studies, shows promise of accelerating the healing of chronic wounds. NeoStem has opened adult stem cell collection sites in the US and has invested in regenerative medicine...

    Tags: Biotech, ChinaBio Today, NeoStem Inc.

Decision Makers

Name (plus bio) Position
Robin Smith Chief Executive Officer
MA Mark Weinreb Director and President
Alan Larry Vice President and Chief Financial Officer
Larry A May Chief Financial Officer
Robert Aholt Jr Chief Operating Officer
Catherine M Vaczy Vice President and General Counsel
Renee Cohen Vice President of Oper. & Corp. Strategy
Denis Rodgerson Director of Stem Cell Science
Julio C Guerra Director of Sales and Marketing
Alan G. Harris See Remarks
Wayne Marasco Senior Scientific Advisor

Board of Directors

Name (plus bio) Position
Mark Weinreb Board Director, President
Richard J. Berman Chairman
Arlene R Graime Board of Directors
Douglas W Losordo Board of Directors
Drew Bernstein Board of Directors
George Smith Board of Directors
Joseph D Zuckerman Board of Directors
Stephen D. Nimer Board of Directors
Steven S. Myers Board of Directors

Organization Position Status
Wellfleet Partners, Inc. Neostem Chief Executive Officer and Chairman of the Board Current
Neostem, Inc. Chief Executive Officer Current
Sport Ventures LLC Founder Current
Consulting for Strategic Growth 1, Ltd Senior Advisor Current
Robin Smith Current
Robin L. Smith Current
Chocomed, Inc Current
China Media Corporation Current
Neostem, Inc. Chairman of the Board of Directors Current
Sportsonesource.Com Board of Directors Current
Wellfleet Partners, Inc. Advisory Board Former
Sportsonesource.Com Member Current
American Association for the Advancement of Science Member Current
IP2M, Inc. Chief Executive Officer Former
IP2M, Inc. President Former
HealthHelp, Inc. Chief Medical Officer Former
Fogdog, Inc. Executive Vice President of Strategy and Development Former
HealthHelp, Inc. Executive Vice President Former
Sport Ventures LLC Managing Partner Former
The Acorn Advisor Former
Consor Capital, LLC Entrepreneur in Residence Former
Consor Operating Associate Former
Sport Ventures LLC Principal Former
PHase III, Inc. Executive Former
4MYCHILD Consultant Former
Institute Beaute Consultant Former
Axiom Worldwide Consultant Former
Chembio Diagnostics, Inc. Consultant Former
Crg Medical, Inc. Consultant Former
Choose Living Board of Directors Former
New York Theatre Ballet Board of Directors Former
GlaxoSmithKline Plc Advisory Board Former
Yale University MD Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Yale University School of Medicine M.D. Former
University of Pennsylvania Mba Former
Occidental College BA degree (Economics) Former
Yale University Degree Former
Thomas Jefferson University Post-Graduate Training in Surgery Former
New York University Former

Organization Position Status
Neostem, Inc. Director and President Current

Mr. Weinreb, an experienced chief executive officer and public company manager, oversees the Company's business and strategic initiatives. Mr. Weinreb joined the Company in February 2003 as Chairman of the Board of Directors, President and Chief Executive Officer, and in June 2006 continues as a Director and the Company's President. > read more

Organization Position Status
Neostem, Inc. Board Director, President Current
Neostem, Inc. Director and President Former
Big City Bagels Founder Former

Organization Position Status
Neostem, Inc. Vice President and Chief Financial Officer Current

Organization Position Status
Neostem, Inc. Chief Financial Officer Current

Organization Position Status
Neostem, Inc. Chief Operating Officer Current

Ms. Vaczy joined the Company in April 2005 as Vice President and General Counsel. Ms. Vaczy is responsible for overseeing the Company's legal affairs as well as assisting the Company in reviewing and evaluating business, scientific and medical opportunities. > read more

Organization Position Status
Neostem, Inc. Vice President and General Counsel Current
Stem & Co Board of Directors Current

Organization Position Status
Neostem, Inc. Vice President of Oper. & Corp. Strategy Current

Dr. Rodgerson joined the Company upon the closing of the Company's acquisition of the business of NeoStem, Inc. (California). Dr. Rodgerson, one of the original founders of NeoStem (California), Inc., has over 36 years' experience managing large tertiary care and reference clinical laboratories with many patents and articles to his credit. Prior to NeoStem (California), he co-founded StemCyte, and oversaw the company's growth to become the world's second largest umbilical cord stem cell bank with multinational collection centers. > read more

Organization Position Status
Neostem, Inc. Director of Stem Cell Science Current
Stemcyte, Inc. Co-Founder Former
University of California, Los Angeles Former
University of Colorado Ph.D. Former
University of Colorado M.S. Former

In October of 2006, Dr. Guerra was appointed Director of Sales and Marketing for NeoStem. As a pioneer in umbilical cord and placental stem cell science since the mid 1990s, Dr. Guerra brings extensive experience in healthcare marketing. He will be responsible for developing NeoStem's alliances with hospitals, physicians and health and wellness clinics nationwide for the establishment of adult stem cell collection centers. > read more

Organization Position Status
Neostem, Inc. Director of Sales and Marketing Current
Fortune Healthcare Marketing Consultant Former

Organization Position Status
Neostem, Inc. See Remarks Current

Organization Position Status
Dana-Farber Cancer Institute Associate Professor Current
Neostem, Inc. Senior Scientific Advisor Current
Harvard Medical School Associate Professor of Medicine Current
Neostem, Inc. Chairman, Scientific Advisory Board Current

Organization Position Status
Neostem, Inc. Chairman Current

Organization Position Status
First Responders, Inc Current
Neostem, Inc. Board of Directors Current
Coach, Inc. Senior Director of Marketing Former
University of Maryland Bachelor of Science Degree In Marketing and Management Former
University of Maryland Bachelor of Science Degree In Marketing and Management Former

Dr. Losordo joined the Company s Scientific Advisory Board in October 2006. Dr. Losordo is a Professor of Medicine at Tufts University School of Medicine and Chief of Cardiovascular Research at St. Elizabeth s Medical Center in Boston, Dr. Lorsordo was recently appointed Professor of Medicine at Northwestern University and Director of the Feinberg Cardiovascular Research Institute and Program in Cardiovascular Regenerative Medicine. A Fellow or Member of many national professional organizations, he currently serves on committees of the American College of Cardiology, the American Diabetes Association and the American Society of Gene Therapy where he chairs the Cardiovascular Gene Therapy Committee. Dr. Losordo serves as Principal Investigator in many grant research projects and has published widely, contributing to more than 300 professional articles, abstracts and book chapters in recent years. He also serves on the Editorial Boards of numerous medical specialty journals including Stem Cells , Vascular Medicine and Circulation Research .

Organization Position Status
Tufts University School of Medicine Professor of Medicine Current
Editorial, LLC Board of Directors Current
Neostem, Inc. Board of Directors Current

Organization Position Status
Neostem, Inc. Board of Directors Current

Organization Position Status
Jules Stein Eye Institute Corporate Officer Current
George Drury Smith Current
Neostem, Inc. Board of Directors Current
Jules Stein Eye Institute Member, Board of Trustees Current
Neostem, Inc. Medical Director Current
University of California, Los Angeles Degree Former
University of California, Los Angeles School of Law Former

Dr. Zuckerman is Chairman of the Department of Orthopaedic Surgery at NYU Medical Center and the Hospital for Joint Diseases and is the Walter A. L. Thompson Professor of Orthopaedic Surgery at NYU School of Medicine. A graduate of Cornell University, he received his medical degree from the medical college of Wisconsin where he was a member of the Alpha Omega Alpha Medical Honor Society. He completed his residency in Orthopaedic Surgery at the University of Washington Affiliated Hospitals in Seattle. He then completed a fellowship in Adult Reconstructive Surgery/Arthritis Research at Harvard's Brigham and Women's Hospital in Boston and was a Visiting Clinician in shoulder surgery at the Mayo Clinic. Dr. Zuckerman joined the faculty of the Hospital for Joint Diseases in 1984 and was selected as an American-British-Canadian Traveling Fellow by the American Orthopaedic Association in 1991. In 1994, he was appointed Chairman of the Department of Orthopaedic Surgery and Surgeon-in-Chief. In 1997, he became Professor and Chairman of the NYU-Hospital for Joint Diseases Department of Orthopaedic Surgery. He currently serves as an editorial board member of several prominent orthopaedic and medical journals and is the author and editor of 11 orthopaedic textbooks and over 240 scientific articles. In addition, he maintains an active role in several national organizations. He is the past President of the American Shoulder and Elbow Surgeons. He has also served as Chair of the Council on Education for the American Academy of Orthopaedic Surgeons (AAOS) and recently completed a six year term as a member of the Board of Directors on the AAOS. Over the past twenty years, Dr. Zuckerman's research initiatives have focused primarily on the shoulder. In 1991, he established the Shoulder Research Group which has focused on the study of fractures about the shoulder, rotator cuff problems and the treatment of shoulder arthritis. He has been active in the design of a new prosthesis to treat glenohumeral arthritis, as well as shoulder fractures which has been in use since 2004.

Organization Position Status
New York University School of Medicine Walter A. L. Thompson Professor of Orthopaedic Surgery Current
Nyu-Hjd Shoulder and Elbow Service Current
NYU Medical Center Chairman of the Department of Orthopaedic Surgery Current
Neostem, Inc. Board of Directors Current
Mayo Clinic Visiting Clinician in shoulder Former

Dr. Nimer is Professor of Medicine and Professor of Pharmacology at Weill Medical College of Cornell University. He also serves as Chief of Hematology Service and Head of the Division of Hematologic Oncology at Memorial Sloan-Kettering Cancer Center in New York City. Dr. Nimer is a member of many national professional organizations, including the American Society of Hematology, the American Society of Clinical Oncology, and the International Society for Stem Cell Research. He serves as a Reviewer for major medical journals, including the New England Journal of Medicine and the Journal of the American Medical Association (JAMA) among many others. He serves on numerous national and international Grant Review Committees and is a prominent invited speaker at conferences on his areas of expertise. He has authored or co-authored nearly 200 peer-reviewed papers, reviews, editorials and textbook chapters, primarily focused on issues concerning hematology and oncology

Organization Position Status
Memorial Sloan-Kettering Cancer Center Inc. Chief of Hematology Service Current
New England Journal of Medicine Reviewer Current
Memorial Hospital, Inc Attending Physician Current
The G&P Foundation for Cancer Research Chairman Current
Abraxis Biosciences, Inc. Board of Directors Current
American Society of Clinical Oncology Board of Directors Current
American Society of Hematology Board of Directors Current
Genpath Board of Directors Current
Neostem, Inc. Board of Directors Current
American Association for Cancer Research, Inc. Board of Directors Current
Onconova Therapeutics, Inc Board of Directors Current
APP Pharmaceuticals, Inc. Board of Directors Current
American Society of Hematology Member Current
American Association for Cancer Research, Inc. Member Current
American College of Physicians Fellow Current
Memorial Sloan-Kettering Cancer Center Inc. Head Former
University of California, Los Angeles Former
Cancer Research Chairman Former
University of Chicago M.D. Former
Massachusetts, Inc. B.S. In Biology Former
Massachusetts Institute of Technology B.S. in Biology Former
University of Chicago Pritzker School of Medicine Degree Former

Organization Position Status
Emergent Information Technologies, Inc. Chairman and Chief Executive Officer Current
Project Planning, Inc. Founder Current
SM&A Corporation Chairman Current
Neostem, Inc. Board of Directors Current
SM&A Corporation Chief Executive Officer Former
Steven Myers Holding Inc President Former
Emergent Information Technologies, Inc. Founder Former
Stanford University Bachelor of Science Degree In Mathematics Former

Executive News

  • Stem Cell Treatments in the News: NeoStem Featured on CBS's Eye on New York

    PR Newswire - 7/22/09 - View Story

  • NeoStem, Inc. Appoints Leading Chinese Medical Official to Its Advisory Board

    Pharma Live - 7/19/09 - View Story

  • NeoStem, Inc. Appoints Leading Chinese Medical Official to Its Advisory Board

    PR Newswire - 7/16/09 - View Story

  • NeoStem Featured on CBS2 News; Success of Licensed Stem Cell Treatments Shown for...

    Reuters - 7/15/09 - View Story

  • NeoStem Featured on CBS2 News; Success of Licensed Stem Cell Treatments Shown for Arthritis and Orthopedic Problems; Procedure to be Used by NeoStem Affiliate in China

    PR Newswire - 7/15/09 - View Story

  • NeoStem, Inc. Appoints International Expert in Endocrinology and Pharmacology as Vice President of Drug Development and Regulatory Affairs

    Healthcare Sales & Marketing Network - 7/10/09 - View Story

  • NeoStem, Inc. Appoints International Expert in Endocrinology and Pharmacology as Vice President...

    Forbes.com - 7/06/09 - View Story

  • NeoStem, Inc. Appoints International Expert in Endocrinology and Pharmacology as...

    Reuters - 7/06/09 - View Story

  • NeoStem, Inc. Appoints International Expert in Endocrinology and Pharmacology as Vice President of Drug Development and Regulatory Affairs

    Stockwatch - 7/06/09 - View Story

  • NeoStem, Inc. Raises Additional Funds from Principals of Suzhou Erye Pharmaceuticals Company Ltd. and U.S. Institutional and Private Investors, Bringing the Total Recent Financings to Over $15 Million

    BioSpace - 7/01/09 - View Story

  • NeoStem Raises Additional Funds from Principals of Suzhou Erye Pharmaceuticals Company...

    Reuters - 7/01/09 - View Story

  • NeoStem Raises Additional Funds from Principals of Suzhou Erye Pharmaceuticals Company Ltd. and U.S. Institutional and Private Investors, Bringing the Total Recent Financings to Over $15 Million; Funds Will Support Expansion Activities in the United States and China as well as Further Development of NeoStem's VSEL and other Licensed Technologies

    PR Newswire - 7/01/09 - View Story

  • NeoStem Raises Additional Funds from Principals of Suzhou Erye Pharmaceuticals Company Ltd. and U.S. Institutional and Private Investors, Bringing the Total Recent Financings to Over $15 Million; Funds Will Support Expansion Activities in the United State

    Stockwatch - 7/01/09 - View Story

  • /C O R R E C T I O N -- NeoStem, Inc./

    PR Newswire - 6/23/09 - View Story

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     NBS $1.63 -0.09 (-5.23% )
Average Volume 31,855
Shares Outstanding 8.54M
Market Cap 13.9M
Year High 2.72
Year Low 0.41
Earnings Per Share -2.07
P/E Ratio -0.79
Dividend N/A
Yield N/A
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