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AgeX Therapeutics Appoints John F. Mauldin to Board of Directors

Bestselling financial writer and visionary joins AgeX Board as Company enters next phase of growth

ALAMEDA, Calif.--(BUSINESS WIRE)--Jun. 5, 2018-- AgeX Therapeutics, Inc., a subsidiary of BioTime, Inc. (NYSE American: BTX) focused on prolonging healthspan through an understanding of the fundamental mechanisms of human aging, today announced the appointment of financial expert, commentator, and bestselling author John F. Mauldin to its Board of Directors.

“John is widely recognized for his rare gift of clearly visualizing future trends,” commented Michael D. West, Ph.D., CEO of AgeX. “We look forward to working with John to build AgeX and communicate the implications of modern discoveries in aging research to patients, policy makers, and investors.”

A visionary thinker and renowned financial expert, Mr. Mauldin is the author of a number of books on economic trends and investment strategy, including four New York Times bestsellers, and the publisher of one of the first publications to provide investors with free, unbiased information and guidance, Thoughts from the Frontline. He is Chairman of Mauldin Economics (from 2012 to present), an investment newsletter and information publishing firm, and President of Mauldin Solutions, LLC, an investment advisory firm registered with the SEC. Together with Mauldin Economics, he co-hosts a well-attended annual event for the past 15 years, the Strategic Investment Conference (SIC).

Mr. Mauldin also currently serves as the President of Millennium Wave Securities, Member FINRA and SIPC (since 2004 to present). He is a regular contributor to publications including The Financial Times and The Daily Reckoning, as well as a frequent guest on CNBC, Yahoo Tech Ticker, and Bloomberg TV.

About AgeX Therapeutics

AgeX Therapeutics, Inc., a subsidiary of BioTime, Inc. (NYSE American: BTX), is a biotechnology company applying technology relating to cellular immortality and regenerative biology to aging and age-related diseases. The company has three initial areas of product development: pluripotent stem cell-derived brown adipocytes (AGEX-BAT1); vascular progenitors (AGEX-VASC1); and induced Tissue Regeneration (iTR). Initial planned indications for these products are Type II diabetes, cardiac ischemia, and tissue regeneration respectively. For more information, please visit www.agexinc.com or connect with the company on TwitterFacebook and YouTube.

About BioTime, Inc.

BioTime is a clinical-stage biotechnology company focused on degenerative diseases. Its clinical programs are based on two platform technologies: cell replacement and cell/drug delivery. With its cell replacement platform, BioTime is producing new cells and tissues with its proprietary pluripotent cell technologies. These cells and tissues are developed to replace those that are either rendered dysfunctional or lost due to degenerative diseases or injuries. BioTime’s cell/drug delivery programs are based upon its proprietary HyStem® cell and drug delivery matrix technology. HyStem® was designed, in part, to provide for the transfer, retention and/or engraftment of cellular replacement therapies. BioTime’s lead cell delivery clinical program is Renevia®, which consists of HyStem® combined with the patient’s own adipose (fat) progenitor cells. Renevia® met its primary endpoint in an EU pivotal clinical trial for the treatment of facial lipoatrophy in HIV patients in 2017. BioTime has submitted Renevia® for CE Mark approval in the EU. There were no device related serious adverse events reported to date. BioTime’s lead cell replacement product candidate is OpRegen®, a retinal pigment epithelium transplant therapy, which is in a Phase I/IIa multicenter clinical trial for the treatment of dry age-related macular degeneration, the leading cause of blindness in developing countries. There were no unexpected serious adverse events reported to date. BioTime also has significant equity holdings in two publicly traded companies, Asterias Biotherapeutics, Inc. (NYSE American: AST) and OncoCyte Corporation (NYSE American: OCX), and a private company, AgeX Therapeutics, Inc.

BioTime common stock is traded on the NYSE American and TASE under the symbol BTX. For more information, please visit www.biotime.com or connect with the company on TwitterLinkedInFacebookYouTube, and Google+.

To receive ongoing BioTime corporate communications, please click on the following link to join the Company’s email alert list: http://news.biotime.com.

Source: AgeX Therapeutics, Inc.

BioTime
David Nakasone, 510-871-4188
Dnakasone@biotime.com
or
Media Contact for AgeX:
Gotham Communications, LLC
Bill Douglass, 646-504-0890
bill@gothamcomm.com
or
Next Level Agency, Inc.
Mark Leonard, 847-651-9682
mark@reachthenextlevel.com


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