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BioRestorative Therapies, Inc.

BRTX Nasdaq Healthcare · Services-Misc Health & Allied Services, Nec Melville, NY biorestorative.com
$1.51
Mkt Cap 3.1M

Clinical-stage biotech developing stem-cell-based treatments for degenerative disc disease, metabolic disorders and aesthetic medicine; no approved products yet.

From the annual report

We were incorporated in Nevada on June 13, 1997. On August 15, 2011, we changed our name from Stem Cell Assurance, Inc. to BioRestorative Therapies, Inc. Effective January 1, 2015, we reincorporated in Delaware. Effective December 31, 2022, we reincorporated in Nevada. We develop therapeutic products using cell and tissue protocols, primarily involving adult stem cells. 3 We are currently pursuing our Disc/Spine Program with our initial investigational therapeutic product being called BRTX-100 . In March 2022, a United States patent issued in our Disc/Spine Program . We are conducting a Phase 2 clinical trial investigating the use of BRTX-100 in the treatment of chronic lower back pain arising from degenerative disc disease. We have also obtained U.S. Food and Drug Administration, or the FDA, Investigational New Drug, or IND, clearance to evaluate BRTX-100 in the treatment of chronic cervical discogenic pain. We have obtained an exclusive license to use technology for investigational adult stem cell treatment of disc and spine conditions, including protruding and bulging lumbar discs. The technology is an advanced stem cell injection procedure that may offer relief from lower back pain, buttock and leg pain, and numbness and tingling in the leg and foot. We are also developing our ThermoStem Program . This pre-clinical program involves the use of brown adipose (fat) in connection with the cell-based treatment of type 2 diabetes and obesity as well as hypertension, other metabolic disorders and cardiac deficiencies.

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REVENUE TTM
$357.9K
FCF TTM
-$11.9M
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