Unlimited blood supply company doubles stock price

Biotime the company that will have use of the unlimited disease free stem cell blood supply patent has had a stock price increase of over 100% since the blood supply news.

Biotime is now worth over 41 million dollars BioTime is at $1.75 as of Aug 29, 2008 10AM PST.

Michael West, BioTime’s CEO, said the rise was likely due to delayed reaction to a patent agreement signed last week with Alameda-based Advanced Cell Technology.

“I’ve been talking to a lot of shareholders and investors since the news asking me, ‘Isn’t this kind of a big deal’,” West said. “And I tell them unabashedly, ‘Of course it is.'”

BioTime has just nine full-time employees, no analyst coverage and is traded over-the-counter, but its leader, West, is consider a pioneer in the industry.

He says lately more people are taking notice of the company.

“If you look at the two major players in the stem cell space, they are Geron and ACT (Advanced Cell Technology), and I started them both,” West said. “Maybe because of that people are starting to look at what I’m doing here.”

BioTime’s lead product is called Hextend, which is a synthetic blood plasma volume expander used in surgery for patients with blood loss.

One of BioTimes goals is to keep its stock price consistently traded over $1, which will allow it to be traded on a major trading market such as the Nasdaq. West said that “should be relatively easy to do.”

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Brian,

Adoptees, like myself, mostly do not have access to their family history. The current medical establishment relies heavily on family histories as the tool of choice for determining future areas of interest to monitor for disease in an individual.

Lab-on-a-chip, especially a home version, would enable anyone, but especially those adoptees, to better prepare for future disease issues.

I would certainly pay the premium price associated with the introduction of new technology for access to any combination of lab-on-a-chip and home health monitoring technologies like you discussed above - information I would otherwise have no access to.

Adoptees might even be a good target for a pilot group for introducing these technologies...

Unlimited blood supply company doubles stock price

Biotime the company that will have use of the unlimited disease free stem cell blood supply patent has had a stock price increase of over 100% since the blood supply news.

Biotime is now worth over 41 million dollars BioTime is at $1.75 as of Aug 29, 2008 10AM PST.

Michael West, BioTime’s CEO, said the rise was likely due to delayed reaction to a patent agreement signed last week with Alameda-based Advanced Cell Technology.

“I’ve been talking to a lot of shareholders and investors since the news asking me, ‘Isn’t this kind of a big deal’,” West said. “And I tell them unabashedly, ‘Of course it is.'”

BioTime has just nine full-time employees, no analyst coverage and is traded over-the-counter, but its leader, West, is consider a pioneer in the industry.

He says lately more people are taking notice of the company.

“If you look at the two major players in the stem cell space, they are Geron and ACT (Advanced Cell Technology), and I started them both,” West said. “Maybe because of that people are starting to look at what I’m doing here.”

BioTime’s lead product is called Hextend, which is a synthetic blood plasma volume expander used in surgery for patients with blood loss.

One of BioTimes goals is to keep its stock price consistently traded over $1, which will allow it to be traded on a major trading market such as the Nasdaq. West said that “should be relatively easy to do.”

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The only Air Taxi service missing from this article is the pioneer service that started it all. SATSair http://www.satsair.com started three years ago and currently has 26 SR22 aircraft with orders for 40 more. SATSair has flown over 5 million passenger miles and serves hundreds of airports in the southeast United States.