California renews LifeStem's biologics license

CalbaTech, a US life sciences company focused on the collection and banking of adult stem cells for possible future uses, says that the California Department of Public Health has renewed LifeStem's biologics license. LifeStem is the wholly-owned subsidiary of CalbaTech in the business of collecting adult stem cells.

"Management has worked diligently to make sure that LifeStem's biologics license was renewed. As such, LifeStem's protocols and procedures have met the standards as set by the State of California. LifeStem has recently completed training at the state-of-the-art Youthtopia Med Spa in a suburb of Atlanta, and Youthtopia is covered under our biologics license," said James DeOlden, chief executive of CalbaTech.