BioStem Receives Institutional Review Board (IRB) Approval to Advance Clinical Trial Demonstrating the Therapeutic Benefits of BioREtain® Technology in Treating Venous Leg Ulcers
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BioStem Technologies, Inc. has received IRB approval to advance a clinical trial for its BioREtain® technology, aimed at treating venous leg ulcers. The study will compare BioStem's amnion chorion allograft with the standard of care to demonstrate superior outcomes and support market expansion.
February 24, 2025 | 12:15 pm
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BioStem Technologies has received IRB approval for a clinical trial to test its BioREtain® technology for venous leg ulcers, potentially demonstrating superior outcomes over standard care.
The IRB approval is a significant regulatory milestone that allows BioStem to proceed with clinical trials. Success in these trials could validate the efficacy of BioREtain® technology, potentially leading to market expansion and increased adoption. This development is likely to positively impact BSEM's stock price in the short term as it represents progress in their product pipeline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100