Nov. 5 at 1:48 PM
$BSEM BioStem Technologies Secures Land Purchase
POMPANO BEACH, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company focused on the development, manufacturing, and commercialization of placental-derived products for advanced wound care, today announced the purchase of land for its future headquarters in the Research Park at Florida Atlantic University® in Boca Raton.
Under the terms of an agreement with the City, the Company will receive up to
$300,000 in economic incentives for the creation of up to 100 jobs over a five-year period. The four-acre land parcel that the Company purchased will be the future home of all administrative offices, manufacturing, and distribution. BioStem has not yet set a timetable for its relocation to the new site.
“As we contemplate the long-term vision for BioStem, we anticipate the need to expand our operations in support of the growing demand for our advanced wound care products.