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A Director at BioTime (BTX) is Buying Shares


Today, a Director at BioTime (NYSE: BTX), Deborah Andrews, bought shares of BTX for $3,769.

This recent transaction increases Deborah Andrews’ holding in the company by 19.1% to a total of $22.2K.

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Based on BioTime’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $2.55 million and GAAP net loss of $4.22 million. In comparison, last year the company earned revenue of $381K and had a GAAP net loss of $11.65 million. Currently, BioTime has an average volume of 537.8K.

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BioTime, Inc. is a clinical-stage biotechnology company, which deals with degenerative diseases. The company’s programs are based on two core proprietary technology platforms: cell replacement and cell and drug delivery. Its cell replacement platform creates new cells and tissues with its pluripotent and progenitor cell technologies.