BioTime Announces $2.2 Million Grant for Further Development of Dry-AMD Program

ALAMEDA, Calif. & JERUSALEM–(BUSINESS WIRE)–BioTime, Inc. (NYSE MKT and TASE: BTX), a clinical-stage regenerative medicine company with a focus on pluripotent stem cell technology, and its subsidiary Cell Cure Neurosciences Ltd. (“Cell Cure”) today announced that Cell Cure has been awarded a new grant for 2016 of 8.4 million shekels (approximately $2.2 million) from the Israel Innovation Authority (“IIA,” formerly the Office of the Chief Scientist) of the Ministry of Economy and Industry. The