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PROT.OB, Proteonomix, Inc. Biotechnology Stock from CRWESelect.com

"Proteonomix concentrates its R & D resources on its subsidiary StromalCel, Inc. in order to develop its portfolio of intellectual properties and global partnerships"

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jul 22, 2010 -
Proteonomix, Inc. (PROT.OB) is a biotechnology company focused on developing therapeutics based upon the use of human cells and their derivatives. Proteoderm, Inc. a wholly owned subsidiary of Proteonomix has recently opened its retail web site, Proteoderm.com, and begun accepting pre-orders for its anti-aging line of skin care products. StromalCel, Inc.’s goal is the development therapeutic modalities for the treatment of Cardiovascular Disease (CVD). StromalCel, Inc. is pursuing the licensing of other technologies for therapeutic use. National Stem Cell, Inc. is Proteonomix’ operating subsidiary. The Sperm Bank of New York, Inc., engaged in reproductive tissue banking, including sperm, ova, ovarian tissue and testicular tissue, is a subsidiary of National Stem Cell, Inc. Proteonomix Regenerative Translational Medicine Institute, Inc. (”PRTMI”) intends to focus on the translation of promising research in stem cell biology and cellular therapy to clinical applications of regenerative medicine. Proteonomix intends to create and dedicate a subsidiary to each of its technologies.

PROT concentrates its R & D resources on its subsidiary StromalCel, Inc. in order to develop its portfolio of intellectual properties and global partnerships. StromalCel, Inc. hopes to apply its Intellectual property to the creation of therapeutic modalities for the treatment of Cardiovascular Disease (CVD). The company’s efforts over the next few years will focus on bringing its technologies which include StromalCel™ to market as well as establishing global partnerships in order to enhance the development of its lead product. The Company intends to bring laboratory findings to clinical applications in an especially expedient manner. StromalCel™ is a unique product that is derived from non-related donors and has virtually no immune rejection response.

Cardiovascular Disease (CVD) includes dysfunctional conditions of the heart, arteries, and veins that supply oxygen to vital life-sustaining areas of the body like the brain, the heart itself, and other vital organs. If oxygen doesn’t arrive, the tissue or organ will die. According to the World Health Organization (WHO), CVD accounts for almost 30% of deaths worldwide. The cost of cardiovascular diseases in the United States in 2009 is estimated to be $475.3 billion, according to the American Heart Association.

For more information about this company please visit http://www.proteonomix.com/, http://www.proteoderm.com/, www.otcqb.com/ and http://www.sec.gov/.

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Source:Derrick Bosket
Industry:Stocks
Tags:, , , , , ,
Last Updated:Jul 22, 2010
Shortcut:http://prlog.org/10811920
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