NEW YORK, May 21, 2014 (GLOBE NEWSWIRE) -- NeoStem, Inc. (Nasdaq:NBS) ("NeoStem" or the "Company"), a leader in the emerging cellular therapy industry, announced today that Dr. Robin L. Smith, Chairman and CEO, has been a selected as a finalist for 2014 in the New York region for the EY Entrepreneur of the Year Award.
The EY Entrepreneur Of The Year award recognizes entrepreneurs who demonstrate excellence and success in the areas of innovation, financial performance and personal commitment to their businesses and communities. The finalists were selected by a panel of independent judges. Award winners will be announced at a special gala event on Tuesday, June 17, 2014 at the Marriott Marquis in New York City.
"I am honored to be considered as a finalist in this prestigious competition along with such an exciting group of innovative business leaders in market leading companies," said Dr. Robin Smith. "NeoStem is committed to developing cell therapy products with the potential to revolutionize health care around the globe, and becoming a finalist for this award recognizes all of the progress we have made to date."Regional award winners are eligible for consideration for the EY Entrepreneur Of The Year 2014 National program. Award winners in several national categories, as well as the EY Entrepreneur Of The Year National Overall Award winner, will be announced at the annual awards gala in Palm Springs, California, on November 15, 2014. The awards are the culminating event of the EY Strategic Growth Forum®. About NeoStem, Inc. NeoStem is a leader in the emerging cellular therapy industry, pursuing the preservation and enhancement of human health globally through the development of cell based therapeutics that prevent, treat or cure disease by repairing and replacing damaged or aged tissue, cells and organs and restoring their normal function. The business includes the development of novel proprietary cell therapy products as well as a revenue-generating contract development and manufacturing service business. This combination has created an organization with unique capabilities for cost effective in-house product development and immediate revenue and cash flow generation. www.neostem.com About EY Entrepreneur Of The Year According to EY, the EY Entrepreneur Of The Year is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.