NASDAQ Welcomes Cellular Dynamics International, Inc. to The NASDAQ Stock
NEW YORK, July 25, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc.
(Nasdaq:NDAQ) announced that trading of Cellular Dynamics International, Inc.
(Nasdaq:ICEL), a developer and manufacturer of fully functioning human cells
in industrial quantities to precise specifications, commenced on The NASDAQ
Stock Market on July 25, 2013.
Cellular Dynamics International, Inc. "CDI" develops and manufactures fully
functioning human cells in industrial quantities to precise specifications.
CDI is a leading developer of stem cell technologies for in vitro use in drug
discovery, toxicity testing and chemical safety; in vivo and cell-based
therapeutic research; and stem cell banking. CDI harnesses its unique
manufacturing technology to produce differentiated tissue cells in industrial
quality, quantity and purity from any individual's stem cell line created from
a standard blood draw. CDI was founded in 2004 by Dr. James Thomson, a pioneer
in human pluripotent stem cell research at the University of
Wisconsin-Madison. CDI's headquarters are located in Madison, Wisconsin, with
a second facility in Novato, California.
"CDI is at the forefront of stem cell technologies and research," said Nelson
Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ OMX
is excited to welcome CDI to The NASDAQ Stock Market and looks forward to
watching CDI grow as a public company."
NASDAQ OMX has consistently been the exchange of choice for groundbreaking
biotechnology companies, including CDI, Amgen Inc. and Celgene Corp.
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