Asterias Biotherapeutics acquires Geron's stem cell assets, cell lines

10/1/2013 | American City Business Journals

Geron agreed to sell its human embryonic stem cell assets and the rights to use certain stem cell lines to Asterias Biotherapeutics, a subsidiary of BioTime, as part of a stock swap and intellectual property deal. Asterias will get four cell lines including neurology and orthopedics lines. Geron is eligible to receive sales royalties on any products developed using its patents.

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