Cord Blood America: Cord Blood America Top Stock Performer in ETF Innovators Global Stem Cell and Regenerative Medicine Index
SANTA MONICA, CA--(Marketwire - March 5, 2009) - On the day that President Obama's [ White House Health Care Summit ] commenced, Cord Blood America, Inc. (
The analysis is available at:[ http://www.biomedreports.com/articles/most-popular/594-analysis-of-stem-cell-index-ytd.html ]
The table includes statistics for the 40 companies in the [ ETF Innovators ][ Global Stem Cell and Regenerative Medicine Index ]. Cord Blood America recently announced a successful debt restructuring and projected cash flow positive financial results. ETF Innovators is noted for creating new global equity indexes with a focus in the healthcare industry. ETF Innovators tracks the total market value and stock price changes as an indicator of investor and trader sentiment toward the stem cell and [ regenerative medicine ] space.
"We are pleased by these results and the market's reaction to our strategy. We will maintain the focus of strategic organic growth, accretive acquisitions and de-levering the balance sheet in 2009. We strongly believe also that the [ Obama ] Administration will soon lift restrictions on Federal funding for [ stem cell research ], which really should spark interest in the sector," said Matthew Schissler, Founder and CEO.
About Cord Blood America
Cord Blood America (