💹 NASDAQ: BRTX - Breaking News!

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UNSUBSCRIBE ALERT: NASDAQ: BRTX BRTX is Addressing TWO Common Ailments that Plague Millions of Americans with MAJOR Near-Term Data Catalysts   Greetings All,   The once-in-a-century pandemic thrust the healthcare industry into the teeth of the storm.  It is an industry that is called recession-proof because who doesn't need healthcare?   In fact, the impact of inflation on the broader economy has significantly driven up input costs in healthcare. According to McKinsey & Company analysis estimates, the annual US national health expenditure is likely to be $370 billion higher by 2027 due to the impact of inflation compared with pre-pandemic projections.   One special area in healthcare that is getting more and more attention isregenerative medicine, a market that was worth $16.9 billion in 2021.   Regenerative medicine harnesses the body's amazing ability to heal itself, using cutting-edge technology to apply this regenerative power to prompt the body to recover from diseases previously uncured.   This brings attention to an under-the-radar company that is innovating in the cutting-edge regenerative medicine field.    Trading at a few dollars, and with a small trading float, this little-known NASDAQ company called BioRestorative Therapies Inc. (NASDAQ: BRTX) is working on products that may be solutions to conditions that affect millions of Americans with lower back pain and diabetes.   Lower back pain and obesity are major health crises. Lower back pain is the leading cause of disability worldwide, and obesity has been identified as a national security threat by the Department of Defense.   Many big companies have realized the market potential for finding ways to improve the lives of those suffering from these conditions.   BioRestorative Therapies Inc. (NASDAQ: BRTX)'s novel drug BRTX-100,which is approved by the Food and Drug Administration (FDA) to enter Phase 2 clinical trials, targets damaged and degenerating discs.   The Company is well into its trial, a 99-patient prospective, randomized, double-blinded, controlled study, the gold standard of its kind!   BRTX's other product — ThermoStem — has highly promising results in the treatment of obesity and related diseases. Obesity affects over 40% of Americans, and the company is developing a novel stem-cell population — brown adipose tissue — that shows signs of regulating metabolic activity and reducing excess fat.   Companies such as Pfizer Inc. (NYSE: PFE), Novo Nordisk (NYSE: NVO) and Vertex Inc. (NASDAQ: VRTX) seem to have recognized the market potential for potential obesity treatments and are actively looking for the next breakthrough in obesity therapies. BRTX may have it.   With top-tier growth potential in its future, BioRestorative Therapies Inc. (NASDAQ: BRTX) may be the most exciting company to have your eyes on in the stem-cell space!         BREAKING NEWS! BioRestorative Therapies Enters Agreement with Regenexx, Granting BRTX Exclusive License Rights for Intellectual Property Related to the Development and Commercialization of its BRTX-100® Disc Program to Treat Chronic Lumbar Disc Disease   BioRestorative Therapies, Inc -- Intellectual Property Provides a Cell-Based Therapeutic Platform Designed to Target All Avascular Zones-- MELVILLE, N.Y., Dec. 05, 2022 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. ("BioRestorative" or the "Company") (NASDAQ: BRTX), a clinical stage company focused on stem cell-based therapies, today announced an agreement with Regenexx, LLC pursuant to which the license rights granted by Regenexx to the Company for intellectual property developed to address chronic lumbar disc disease have been made exclusive. The intellectual property now exclusively licensed to the Company represents important technological framework for BRTX's disc/spine technology related to the Company's BRTX-100® lead clinical program, currently in a Phase 2 trial with approximately 15 sites selected across the United States. The intellectual property was developed in the lab of Dr. Christopher Centeno. Dr. Centeno has been a leader in the field of cellular therapy for musculoskeletal indications for over 17 years. "This is an important event for BioRestorative. We are thrilled to now have through this agreement an exclusive license with regard to Regenexx's technology," said Lance Alstodt, Chief Executive Officer at BioRestorative. "With this agreement, coupled with our unique in-house research and manufacturing capabilities, we aim to create a new generation of cell-based products to induce long-term and sustained pain relief for patients suffering from musculoskeletal indications. Approximately $40 billion is spent annually on invasive surgical procedures. With BRTX-100, the Company is seeking to provide a paradigm shifting, non-invasive solution to millions of patients worldwide."   The BRTX-100 platform is a cell-based technology that utilizes low oxygen (hypoxia) to engineer the cells' modulation strategy to repress or activate transcription of target genes related to tissue remodeling. Data from early investigator-initiated human studies suggest a potential for this platform to regulate target hypoxia-dependent gene expression as a means to improve upon both the efficacy and safety of first-generation cell-based therapies. "Regenexx is excited to have granted exclusive license rights to BioRestorative and support their efforts as they continue to develop the technology through the regulatory pathway. We have a great deal of clinical experience with positive clinical outcomes using this technology. We are grateful that BioRestorative is working to provide access to this product to the many patients who are currently left with minimal options that are less effective and more economically inefficient." said Christopher Centeno MD, Founder and Chief Medical Officer for Regenexx, LLC. Full Press here: https://finance.yahoo.com/news/biorestorative-therapies-enters-agreement-regenexx-120000015.html READ FULL PROFILE ON NASDAQ: BRTX     Copyright 2022 © TopStockTips.com is owned and operated by the owner of CareBear Marketing Group LLC. Disclaimer and Privacy For more Information please contact Support@TopStockTips.com This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. The Author of this website is not a registered investment advisor and does not offer investment advice. 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