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BioRestorative Therapies Strengthens Leadership with Appointment of Healthcare Executive Zachary Smith as Vice President of Biocosmeceuticals Division to Accelerate Commercial Expansion and Strategic Growth

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BioRestorative Therapies (Nasdaq:BRTX) appointed healthcare executive Zachary Smith as Vice President of its Biocosmeceuticals Division to support commercial expansion in regenerative aesthetics and advanced skincare.

He will lead revenue growth initiatives, domestic and international sales channel expansion, strategic accounts, pipeline development and long-term recurring revenue programs.

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Positive

  • Appointment of seasoned VP to lead Biocosmeceuticals Division commercial strategy
  • Role focuses on revenue growth, sales channel expansion and recurring revenue programs
  • Executive brings 16+ years of experience in medical aesthetics and biologics markets
  • Track record includes building top-performing territories at Cartessa Aesthetics
  • Experience managing large healthcare territories across the Americas for major firms

Negative

  • None.

News Market Reaction – BRTX

+2.53%
4 alerts
+2.53% Session close to close
-2.6% Trough Tracked
$10.18M Market Cap
24.20K Volume

In the Jun 18 session, BRTX gained 2.53%, reflecting a moderate positive market reaction. Argus tracked a trough of -2.6% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement adds a seasoned aesthetics executive to lead biocosmeceuticals, complementing rece...
Analysis

This announcement adds a seasoned aesthetics executive to lead biocosmeceuticals, complementing recent clinical and preclinical progress. With Q1 revenue at $23,170 and going‑concern risk flagged, investors will watch whether the expanded commercial team can drive measurable growth.

Key Figures

Revenue: $23,170 Prior-year revenue: $25,000 Net loss: $2.15M +5 more
8 metrics
Revenue $23,170 Q1 2026 revenue; similar to prior year
Prior-year revenue $25,000 Q1 2025 revenue comparator
Net loss $2.15M Q1 2026 net loss, narrowed versus prior year
Prior net loss $5.34M Q1 2025 net loss
Research & development $1.93M Q1 2026 R&D expense; management notes reduced operating costs
General & administrative $1.48M Q1 2026 G&A expense; part of lower operating expenses
Cash and equivalents $3.11M Balance at March 31, 2026
Revolving loan capacity $1,000,000 Credit line under Revolving Loan Agreement for general corporate purposes

Historical Context

5 past events · Latest: May 27 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
May 27 Activist stake disclosure Positive +73.3% Activist hedge fund disclosed a 4.9% ownership stake and strategic views.
May 26 Phase 2 dosing update Positive +20.1% Completed dosing in randomized Phase 2 BRTX-100 trial with Fast Track status.
May 13 Preclinical data presentation Positive -5.8% Presented new exosome and EV proteomic data for BioCosmeceutical applications at ISCT.
May 07 Blinded Phase 2 data Positive -8.1% Reported blinded Phase 2 data showing sustained pain and function improvements.
Apr 30 Conference data preview Positive +11.6% Announced upcoming ISCT presentations on Phase 2 spine trial and BioCosmeceutical platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

BRTX often shows strong double‑digit moves on company updates, with a mix of aligned and divergent reactions to generally positive news.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accomplished commercial aesthetics veteran to drive sales channel expansion and pipeline development

MELVILLE, N.Y., June 18, 2026 (GLOBE NEWSWIRE) -- BioRestorative Therapies, Inc. (“BioRestorative,” “BRTX,” or the “Company”) (Nasdaq:BRTX), a late-stage clinical regenerative medicine company focused on stem cell-based therapies and products, today announced the appointment of Zachary Smith as Vice President of its Biocosmeceuticals Division, further strengthening the Company’s commercial leadership team as it expands its presence within the regenerative aesthetics and advanced skincare market.

In this role, Mr. Smith will lead revenue growth initiatives across professional aesthetics, regenerative physician channels, strategic partnerships and key accounts, with a focus on driving commercial execution, expanding customer acquisition and building long-term revenue-generating relationships across the Company’s growing biocosmeceutical platform. He will oversee domestic and international sales channel expansion, strategic account development, sales forecasting, pipeline development, territory growth initiatives and customer retention programs designed to support long-term recurring revenue growth.

“Zach’s extensive experience scaling sales organizations, driving revenue growth and developing strategic customer relationships across the aesthetics, skincare and regenerative health industries makes him exceptionally well-suited to help accelerate the commercial expansion of our biocosmeceutical business,” said Lance Alstodt, BioRestorative Therapies’ Chairman and Chief Executive Officer. “As we continue advancing our commercial biocosmetics strategy and building our presence within these high-growth markets, we believe Zach’s leadership will play an important role in expanding our commercial reach and driving long-term shareholder value.”

Mr. Smith is an accomplished sales and commercial leadership executive with more than 16 years of experience across medical aesthetics, biologics and capital equipment markets. Most recently, he served as Area Vice President at Cartessa Aesthetics, where he built and led the team covering Western Pennsylvania, Ohio and West Virginia, helping transform the region into one of the company’s top-performing territories.

Throughout his career, Mr. Smith has established a strong track record of territory expansion, strategic product launch execution and consultative sales leadership. Prior to Cartessa Aesthetics, he held progressive sales management positions at Lumenis Aesthetics and Patterson Companies, where he managed large healthcare territories and trained sales teams across North, Central and South America.

Mr. Smith has received numerous industry and corporate recognitions throughout his career, including multiple President’s Club awards, Masters’ Council honors and leadership achievement distinctions. He is widely recognized for his relationship-driven leadership style, strategic commercial approach and commitment to helping customers, physician practices and organizations identify growth opportunities and execute effectively within evolving aesthetics and regenerative health markets.

Mr. Smith holds a Bachelor of Science in Finance from the Smeal College of Business at Penn State University and a Juris Doctor from Duquesne University School of Law.

About BioRestorative Therapies, Inc.

BioRestorative (www.biorestorative.com) develops therapeutic products using cell and tissue protocols, primarily involving adult stem cells. As described below, our two core clinical development programs relate to the treatment of disc/spine disease and metabolic disorders, and we also operate a commercial BioCosmeceutical platform:

  • Disc/Spine Program (brtxDISC): Our lead cell therapy candidate, BRTX-100, is a product formulated from autologous (or a person’s own) cultured mesenchymal stem cells collected from the patient’s bone marrow. We intend that the product will be used for the non-surgical treatment of painful lumbosacral disc disorders or as a complementary therapeutic to a surgical procedure. The BRTX-100 production process utilizes proprietary technology and involves collecting a patient’s bone marrow, isolating and culturing stem cells from the bone marrow and cryopreserving the cells. In an outpatient procedure, BRTX-100 is to be injected by a physician into the patient’s damaged disc. The treatment is intended for patients whose pain has not been alleviated by non-invasive procedures and who potentially face the prospect of surgery. We are undertaking a Phase 2 clinical trial using BRTX-100 to treat chronic lower back pain arising from degenerative disc disease. We have also obtained U.S. Food and Drug Administration (“FDA”) Investigational New Drug (“IND”) clearance to evaluate BRTX-100 in the treatment of chronic cervical discogenic pain

  • Metabolic Program (ThermoStem®): We are developing cell-based therapy candidates to target obesity and metabolic disorders using brown adipose (fat) derived stem cells (“BADSC”) to generate brown adipose tissue (“BAT”), as well as exosomes secreted by BADSC. BAT is intended to mimic naturally occurring brown adipose depots that regulate metabolic homeostasis in humans. Initial preclinical research indicates that increased amounts of brown fat in animals may be responsible for additional caloric burning as well as reduced glucose and lipid levels. Researchers have found that people with higher levels of brown fat may have a reduced risk for obesity and diabetes. BADSC secreted exosomes may also impact weight loss

  • BioCosmeceuticals: We operate a commercial BioCosmeceutical platform. Our current commercial products are formulated and manufactured in our cGMP, ISO-7 certified clean room facility. Each product features a cell-based secretome enriched with exosomes, proteins, growth factors, peptides, and other carefully selected active ingredients. This proprietary biologic portfolio has been thoughtfully engineered to support skin health and longevity while addressing visible signs of aging and enhancing overall cosmetic performance. Moving forward, we also intend to explore the potential of expanding our commercial offering to include a broader family of cell-based biologic aesthetic products and therapeutics via IND-enabling studies, with the aim of pioneering FDA approvals in the emerging BioCosmeceuticals space.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements as a result of various factors and other risks, including, without limitation, those set forth in the Company's latest Form 10-K, filed with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and the Company undertakes no obligation to update such statements.

CONTACT:
Investors
CORE IR
investors@biorestorative.com

Media
CORE PR
pr@coreir.com


FAQ

What leadership change did BioRestorative Therapies (BRTX) announce on June 18, 2026?

BioRestorative Therapies appointed Zachary Smith as Vice President of its Biocosmeceuticals Division. According to the company, he will oversee commercial strategy, sales expansion, strategic accounts and customer retention across regenerative aesthetics and advanced skincare markets to support long-term recurring revenue growth.

What will Zachary Smith’s role be in BioRestorative Therapies’ biocosmeceuticals business?

Zachary Smith will lead revenue growth initiatives for BioRestorative’s Biocosmeceuticals Division. According to the company, his responsibilities include domestic and international sales channel expansion, strategic account development, sales forecasting, pipeline development, territory growth and customer retention efforts for recurring revenue.

What experience does Zachary Smith bring to BioRestorative Therapies (BRTX)?

Zachary Smith brings over 16 years of commercial experience in medical aesthetics, biologics and capital equipment. According to BioRestorative, he previously held leadership roles at Cartessa Aesthetics, Lumenis Aesthetics and Patterson Companies, building top-performing territories and leading strategic product launches and sales teams.

How could Zachary Smith’s appointment impact BioRestorative Therapies’ commercial expansion?

The appointment is intended to support commercial expansion of BioRestorative’s biocosmeceutical platform. According to the company, Smith will focus on expanding professional aesthetics and regenerative physician channels, developing strategic partnerships and strengthening long-term revenue-generating customer relationships in high-growth markets.

What markets will BioRestorative Therapies target under the new Biocosmeceuticals Division leadership?

BioRestorative will target regenerative aesthetics and advanced skincare markets under Smith’s leadership. According to the company, he will work across professional aesthetics, regenerative physician channels, strategic partnerships and key accounts to grow the biocosmeceutical platform and drive recurring revenue.

What qualifications does BioRestorative’s new biocosmeceuticals VP Zachary Smith have?

Zachary Smith holds a Bachelor of Science in Finance and a Juris Doctor. According to BioRestorative, his education from Penn State’s Smeal College of Business and Duquesne University School of Law complements his commercial leadership experience in aesthetics and regenerative health markets.