(EMAILWIRE.COM, May 02, 2009 ) DALLAS, Texas - BeaconEquity.com announces the publication of an article covering BioTime’s grant to fund expansion of its ACTCellerate™ Human Embryonic Stem Cell Product Development.

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In the article the author writes:

“BioTime Inc. (OTCBB: BTIM), a biotechnology company in the field of regenerative medicine, recently announced the California Institute for Regenerative Medicine (CIRM) has approved the company's grant request of $4.7 million. The funding will be related to the company's ACTCellerate(TM) embryonic stem cell technology.”

The objective of the grant is to generate tools useful in applying ACTCellerate technology to the manufacture of patient-specific therapeutic products:

“The CIRM awarded the grant to “industrialize” the manufacture of ACTCellerate therapeutic applications. The grant specifically states its purpose is to generate the tools necessary to implement a patented ACTCellerate technology in a "patient-specific manner." BioTime and CIRM both expect the funding to achieve this purpose.”

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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

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