NeoStem's Subsidiary Progenitor Cell Therapy Receives FACT Accreditation for Its New Jersey Manufacturing Facility (NBS)

NeoStem NBS and an internationally recognized cell therapy services and development company, announced today that it has, once again, demonstrated compliance with the FACT-JACIE International Standards for Cellular Therapy Product Collection, Processing and Administration, and has earned FACT accreditation for its processing facilities through October 19, 2013 based on inspections by FACT at PCT's facilities in Allendale, New Jersey and Mountain View, California. FACT-JACIE standards were developed in 2006 by the Foundation for the Accreditation of Cellular Therapy and the Joint Accreditation Committee of the International Society for Cellular Therapy and the European Group for Blood and Marrow Transplantation.