ALAMEDA, Calif.--(BUSINESS    WIRE)--BioTime, Inc. (NYSE MKT: BTX) and its    subsidiary LifeMap Sciences, Inc. today announced that they    have completed the acquisition of XenneX, Inc. through a merger    of XenneX into LifeMap Sciences. The definitive merger    agreement was previously announced on April 20, 2012.  
      The need for the LifeMap database is a reflection of the      growth of the field of regenerative medicine    
    LifeMap Sciences now holds the exclusive, worldwide licenses to    market GeneCards and PanDaTox    from Yeda Research and Development Company Ltd, the technology    transfer arm of the Weizmann Institute of Science in Israel.    Developed by a leading bioinformatics team at the Weizmann    Institute of Science, GeneCards is an    online database that provides concise genomic, transcriptomic,    genetic, proteomic, functional and disease-related information    on all known and predicted human genes. With over 12 million    page visits per year from hundreds of thousands of unique users    worldwide, GeneCards is used by    academia, research hospitals, patent offices, and leading    biotech and pharma companies. PanDaTox is a recently    developed, searchable database that can aid in the discovery of    new antibiotics and biotechnologically beneficial products.  
    LifeMap Sciences goal is to be the leading resource for the    emerging field of regenerative medicine, by providing access to    GeneCards, and its LifeMap    database of embryonic development and stem cells, and by also    marketing research products manufactured by BioTime, including    ACTCellerateTM cell lines,    HyStem hydrogels, and cell culture    media.  
    LifeMap scientists will also utilize its databases to aid in    the development of BioTimes proprietary    ACTCelleratehuman progenitor cell lines into    products for the treatment of human diseases, especially    degenerative diseases that might be treatable by cell    replacement therapies.  
    Since 2003, XenneX has been commercializing    GeneCards worldwide. Its customers    include biotechnology, pharmaceutical and other life sciences    companies, as well as organizations dealing with biotechnology    intellectual property.  
    Through the merger, XenneX stockholders received 1,362,589    shares of LifeMap Sciences common stock, which represents    approximately 13% of the LifeMap Sciences common stock now    outstanding. XenneX shareholders also received 448,431 BioTime    common shares as part of the transaction.  
    The need for the LifeMap database is a reflection of the    growth of the field of regenerative medicine, said Michael D.    West, Ph.D., BioTimes Chief Executive Officer. And the pace    of this research is currently exponential, not linear. As a    result, the scientific community today is very dependent on    such relational databases. The LifeMap team is dedicated to    building a quality resource in order to speed stem cell-based    therapies to the clinic.  
    David Warshawsky, Ph.D., LifeMap Sciences Chief Executive    Officer, who also founded XenneX, Inc. in 2003, stated By    marketing GeneCards and    PanDaTox, and the newly licensed MalaCards human    disease database, alongside its LifeMap stem cell    database and discovery platform, LifeMap Sciences will be the    leading source of online database research tools for genetic,    biological, and stem cell research and development. We are    confident that our products will enhance research and provide    life-saving cures in the future.  
    About LifeMap Sciences, Inc.  
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BioTime Completes Merger of XenneX, Inc. into LifeMap Sciences, Inc.