NEW YORK, Feb. 22, 2013 /PRNewswire/ --Dr Wei William Cao, PhD, BM, President of Cellular Biomedicine Group presented a keynote address at the 8th annual New York Stem Cell Summit on February 19, 2013. Dr Cao discussed the current government regulations and support of cellular medicine research and development in China.

The New York Stem Cell Summit featured more than 30 of the world's leaders in the stem cell industry, bringing the future of this dynamic industry to life for investors, industry, practitioners, and analysts. The presentations and networking provided insight into investment opportunities in the stem cell marketplace, groundbreaking stem cell products that physicians use today, and the growing market potential.

Dr Cao served as Technical Manager for Bayer Diagnostics Asia Pacific region, General Manager of GenoMultix Ltd., President of Wuxi New District Hospital, and China General Manager of Affymetrix, a world leader in genetic analysis industry. Dr Cao has extensive research experience in immunopharmacology at Harvard Medical School and Stanford Medical School. He holds a Guest Professorship at the Department of Histology and Embryology of Fudan University Medical School, Shanghai China. Dr Cao earned a Bachelor's degree in Medicine from Fudan University Medical School, Shanghai China, and PhD degree in immunopharmacology from Medical College of Virginia, Richmond Virginia. He is an inventor of 24 patents in the field of genetic analysis and stem cell technology, especially adipose derived stem cell preparation and its disease treatment applications.

About Cellular Biomedicine GroupCellular Biomedicine Group, Ltd. develops proprietary cell therapies for the treatment of certain degenerative diseases. Our developmental stem cell, progenitor cell, and immune cell projects are the result of research and development by scientists and doctors from China and the United States. Our flagship GMP facility, consisting of eight independent cell production lines, is designed, certified and managed according to U.S. standards. To learn more about CBMG, please visit: http://www.cellbiomedgroup.com

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CONTACT:

Jeff Ramson Investor Relations ProActive Capital Group 646-863-6341

Sarah Kelly Director of Corporate Communications (+86) 21 54069990 sarah.kelly@cellbiomedgroup.com

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Cellular Biomedicine Group President Presents Keynote Address at New York Stem Cell Summit