Fast Track Designation for BRTX-100
The BRTX-100 program for chronic lumbar disc disease was granted Fast Track designation by the FDA, a major milestone that enables closer collaboration with the FDA for potential accelerated Biologic License Application (BLA) approval.
ThermoStem Patent Milestone
The Japanese Patent Office issued a notice of allowance for BioRestorative Therapies' ThermoStem platform, providing broad protection terms for allogeneic, off-the-shelf brown adipose-derived stem cell technology.
Strengthening Commercial Infrastructure
BioRestorative Therapies has rebuilt and strengthened its commercial infrastructure, including supply chain, sales coverage, and distribution, with the appointment of Crystal Romano as Global Head of Commercial Operations.
Recent Financing Success
The company closed a fully subscribed financing priced above market, strengthening the balance sheet with gross proceeds of approximately $1.1 million.