BioRestorative Therapies, Inc.

Equities

BRTX

US0906556065

Biotechnology & Medical Research

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-31 pm EDT			5-day change	1st Jan Change
1.25 ^USD	+0.81%		-3.10%	-28.16%

May. 15	BioRestorative Announces Signing a Five-Year Exclusive Supply Agreement with Cartessa Aesthetics, LLC	CI
May. 08	BioRestorative Therapies, Inc. Enhances Preclinical Metabolic Program with A Novel Exosome-Based Biologic Targeting Obesity	CI

BioRestorative Therapies, Inc. Enhances Preclinical Metabolic Program with A Novel Exosome-Based Biologic Targeting Obesity

May 08, 2024 at 07:30 am EDT

BioRestorative Therapies, Inc. announced its development of a novel exosome-based biologic program targeting obesity. BioRestorative currently anticipates initiating the formal U.S. Food and Drug Administration ("FDA") process for this ThermoStem®?-based therapeutic candidate by filing a Drug Master File ("DMF") in the third quarter of 2024. The Company aims to initiate first-in-human clinical studies before the end of the year.

Exosomes are small extracellular vesicles secreted by various cells, including stem cells. BioRestorative's ThermoStem®? platform has a comprehensive portfolio of issued patents that cover both the U.S. and international markets.

This broad intellectual property portfolio can be leveraged across drugs that are currently approved and marketed for weight loss, potentially opening the door to future big pharma partnership opportunities for the Company.

Latest news about BioRestorative Therapies, Inc.

BioRestorative Announces Signing a Five-Year Exclusive Supply Agreement with Cartessa Aesthetics, LLC	May. 15	CI
BioRestorative Therapies, Inc. Enhances Preclinical Metabolic Program with A Novel Exosome-Based Biologic Targeting Obesity	May. 08	CI
BioRestorative Therapies, Inc. Announces Transformative Commercial Agreement with Cartessa Aesthetics, LLC	Apr. 30	CI
BioRestorative Therapies Shares Rise 17% After FDA Clears Phase 2 Study Protocol Amendment	Apr. 16	DJ
BioRestorative Therapies Says US FDA Clears Amended Protocol for Phase 2 Cell Therapy Trial	Apr. 16	MT
BioRestorative Therapies, Inc. Announces FDA Clearance of Phase 2 BRTX-100 Clinical Study Protocol Amendment	Apr. 16	CI
BioRestorative Therapies Partners with Galen Patient Recruitment to Accelerate Completion of Enrollment in Phase 2 Trial of BRTX-100 in Chronic Lumbar Disc Disease	Apr. 08	CI
BioRestorative Therapies, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Apr. 01	CI
BioRestorative Therapies Presents Promising Data At Orthopaedic Research Society 2024 Annual Meeting	Feb. 14	CI
Top Midday Decliners	Feb. 06	MT
Top Premarket Decliners	Feb. 06	MT
BioRestorative Therapies Reports Positive Results From Lumbar Disc Treatment Candidate Trial; Shares Rise	Feb. 05	MT
BioRestorative Therapies, Inc. Presents Preliminary Clinical Data from Phase 2 Study of BRTX-100 in Chronic Lumbar Disc Disease	Feb. 05	CI
BioRestorative Therapies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Sector Update: Health Care Stocks Lower Late Afternoon	23-09-18	MT
Sector Update: Health Care Stocks Mixed Monday Afternoon	23-09-18	MT
Sector Update: Health Care	23-09-18	MT
BioRestorative Therapies Shares Rise After Shareholder Broadrick Dale Boosts Stake	23-09-18	MT
Biorestorative Therapies Enters into Supply Agreement with Evolutionary Biologics	23-09-12	CI
BioRestorative Therapies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-11	CI
BioRestorative Therapies Secures New York State License to Operate as Tissue Bank	23-07-21	MT
Biorestorative Therapies Inc. Receives License from New York State	23-07-21	CI
BioRestorative Therapies, Inc. announced that it expects to receive $2.07565 million in funding	23-07-10	CI
BioRestorative Therapies Says Lumbar Disc Disease Treatment Recommended to Continue Phase 2 Trial	23-07-07	MT
BioRestorative Therapies, Inc. Receives Unanimous Recommendation to Proceed in Its Phase 2 Clinical Trial for Chronic Lumbar Disc Disease, BRTX-100	23-07-07	CI

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Company Profile

BioRestorative Therapies, Inc. is engaged in developing therapeutic products and medical therapies using cell and tissue protocols, primarily involving adult stem cells. The Company has two core programs that relate to the treatment of disc/spine disease and metabolic disorders. Its lead cell therapy candidate, BRTX-100, is a product formulated from autologous (or a person's own) cultured mesenchymal stem cells collected from the patient's bone marrow. It has commenced a Phase II clinical trial using BRTX-100 to treat chronic lower back pain arising from degenerative disc disease. The Company is engaged in developing a cell-based therapy candidate, ThermoStem Program, which targets obesity and metabolic disorders using brown adipose (fat) derived stem cells to generate brown adipose tissue (BAT). The Company has also licensed an investigational curved needle device designed to deliver cells and/or other therapeutic products or material to the spine and discs.

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Biotechnology & Medical Research

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OUTPERFORM

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1.25 USD

Average target price

10.5 USD

Spread / Average Target

+740.00%

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