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Stock impact report

BioStem Technologies Retains Clinical Research Industry Veteran Nick McCoy to Lead DFU and VLU trials for BioREtain Allografts

BIOSTEM TECHNOLOGIES NEW (BSEM) 
Company Research Source: GlobeNewswire
POMPANO BEACH, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- BioStem Technologies Inc. (OTC: BSEM), a leading regenerative medicine company focused on the development, manufacture, and commercialization of placental-derived tissue allografts for advanced wound care, today announced that it has retained the services of Mr. Nick McCoy, who will lead BioStem’s Diabetic Foot Ulcer (DFU) and Venous Leg Ulcer (VLU) clinical trials process as a consultant to the Company. BioStem’s clinical focus on completing these studies proactively addresses a continually changing reimbursement landscape where future requirements for skin substitutes by MACs (Medicare Administrative Contractors) will require clinical data to support product efficacy and will be necessary for coverage. “We are delighted to welcome Nick to the BioStem team and eager for him to lead our Clinical Operations efforts. His leadership and deep experience will allow us to accelerate completion of current and new patient trials Show less Read more
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