🦊/Companies

BioRestorative Therapies

NASDAQ: BRTX

Melville, US · Nevada corporation

Find your way into BioRestorative Therapies

373 people in our graph share verified history with the BioRestorative Therapies team — schools, employers, funds. One of them is your warm intro.

Matt Cherianunlockedknows Lance Alstodt · together at Bank of America (overlapped)
×8knows the team · via Bank of America
×3knows the team · via Oppenheimer & Co.

BioRestorative Therapies develops cell-based therapeutic products using adult stem cells, primarily for treating disc and spine disorders and metabolic conditions, and operates a commercial cosmetic serum product. The company's lead program, BRTX-100, is an autologous mesenchymal stem cell therapy in Phase 2 clinical trials for chronic lower back pain and cervical disc disease, while its ThermoStem program targets obesity and metabolic disorders using brown adipose tissue-derived stem cells.

Founders & leadership

MW
Mark WeinrebChief Executive Officer, Chairman of the Board and President
RK
Robert KristalExecutive
FS
Francisco SilvaExecutive
LA
Lance AlstodtinExecutiveLance Alstodt is Chairman and CEO of BioRestorative Therapies, which develops autologous stem cell therapies for degenerative disc disease, chronic back pain, and metabolic disorders, including the BRTX-100 program in Phase 2 clinical trials and the ThermoStem program using brown adipose-derived stem cells.
EL
Edward L. FieldPresident, Disc/Spine Division
MC
Mandy ClydeVice President of Operations and Secretary

Board

NV
Nickolay V KukekovBoard director
PF
Patrick F WilliamsBoard director
DA
David A RosaBoard director
PJ
Paul Jude TonnaBoard director
RB
Robert B. CatellBoard director
AJ
A. Jeffrey RadovBoard director

Reported raises · per SEC filings

Form D private placements

$16.4M disclosed across 3 rounds · 2013–2025

$1.4MraisedOct 2025 · 16 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nickolay V KukekovDirector
  • Robert KristalExecutive Officer
  • Francisco SilvaDirector, Executive Officer
  • Patrick F WilliamsDirector
  • David A RosaDirector
  • Lance AlstodtDirector, Executive Officer
Offering amount
$1.4M
Amount sold
$1.4M
Placement agents
Cova Capital Partners LLC
First sale
Oct 2025
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$14.4MraisedMay 2016 · 81 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward L. FieldExecutive Officer
  • Francisco SilvaExecutive Officer
  • Paul Jude TonnaDirector
  • Robert B. CatellDirector
  • A. Jeffrey RadovDirector
  • John M. DesmaraisDirector
  • Charles S. RyanDirector
  • Mandy ClydeExecutive Officer
  • Mark WeinrebExecutive Officer, Director
Amount sold
$14.4M
Proceeds to insiders
$2.7M
First sale
Jan 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$585.8KraisedMar 2014 · 21 investors · Biotechnology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mandy ClydeExecutive Officer
  • Mark WeinrebExecutive Officer, Director
  • Tommy BergerPromoter
  • Francisco SilvaExecutive Officer
  • Gloria McConnellPromoter
  • A. Jeffrey RadovDirector
  • Joel San AntonioDirector
Offering amount
$1.2M
Amount sold
$585.8K
Proceeds to insiders
$117K
First sale
Dec 2013
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$34.9Mvaluation at IPONov 2021 · $10.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2022$256.6K
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2021$256.6K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does BioRestorative Therapies do?
BioRestorative Therapies develops cell-based therapeutic products using adult stem cells, primarily for treating disc and spine disorders and metabolic conditions, and operates a commercial cosmetic serum product. The company's lead program, BRTX-100, is an autologous mesenchymal stem cell therapy in Phase 2 clinical trials for chronic lower back pain and cervical disc disease, while its ThermoStem program targets obesity and metabolic disorders using brown adipose tissue-derived stem cells.
Who founded BioRestorative Therapies?
BioRestorative Therapies was founded by Mark Weinreb.
How much funding has BioRestorative Therapies raised?
BioRestorative Therapies has disclosed $16.4M raised across 3 rounds.
Where is BioRestorative Therapies headquartered?
BioRestorative Therapies is headquartered in Melville, US.