Adult stem cell leader Neostem, Inc. (NYSE Amex: NBS) has been awarded a $700,000 military grant from the U.S. Army’s Medical Research and Materiel Command to study adult stem cell applications in the healing of trauma wounds. The award opens new opportunities for the company’s patented VSEL technology. Shares of Neostem rose more than 5 percent on the news. In a statement released to the press, Neostem founder and Chairwoman Dr…
