BioStem Technologies Opens Hospital Access for VENDAJE® and VENDAJE AC® Through Vizient and Premier
Rhea-AI Summary
BioStem Technologies (BSEM) has added its VENDAJE® and VENDAJE AC® placental-derived wound care allografts to existing contracts with Vizient and Premier, two of the largest U.S. Group Purchasing Organizations, making both products available for hospital ordering effective immediately.
This marks the first GPO contract coverage for VENDAJE and VENDAJE AC and extends BioStem’s hospital channel for its BioRetain® wound care line. Vizient serves more than 5,000 hospitals and Premier more than 4,000. Both products are minimally manipulated dehydrated tissue allografts manufactured using BioStem’s proprietary BioRetain process.
Positive
- First GPO coverage for VENDAJE and VENDAJE AC via Vizient and Premier contracts, immediately opening access across thousands of member hospitals.
- Expanded hospital channel for the BioRetain® wound care line by leveraging existing Vizient and Premier relationships that reach over 9,000 U.S. hospitals combined.
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 14 | Conference presentation | Neutral | -6.5% | Management presentation announced; shares declined 6.54% over 24 hours. |
| Aug 12 | Q2 earnings report | Negative | -18.4% | Revenue declined year over year amid net and adjusted EBITDA losses. |
| Aug 06 | Nasdaq uplisting | Positive | +1.8% | Nasdaq Capital Market listing approved; trading began under unchanged ticker. |
| Jul 29 | Earnings call scheduling | Neutral | -2.4% | Second-quarter results release and conference call scheduled for August 12. |
| Jul 10 | Form 10 filing | Positive | +14.7% | Exchange Act registration filed while Nasdaq listing plans were reaffirmed. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Reactions were mixed: three of five selected events aligned with their categorized sentiment, while two neutral notices saw negative moves.
Key Terms
group purchasing organizations financial
perinatal tissue allograft medical
dehydrated tissue allografts medical
current good tissue practices regulatory
current good manufacturing practices regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Additions extend BioStem's hospital channel to its BioRetain® wound care line
POMPANO BEACH, Fla., Sept. 04, 2026 (GLOBE NEWSWIRE) -- BioStem Technologies Inc. (Nasdaq: BSEM) (“BioStem” or the “Company”), a leading regenerative medicine company focused on the development, manufacturing, and commercialization of perinatal tissue allograft products, today announced that VENDAJE® and VENDAJE AC® have been added to the Company's existing contracts with Vizient, Inc. and Premier, Inc., two of the nation's largest Group Purchasing Organizations (GPOs). The products are available for order under both contracts effective immediately, marking the first GPO contract coverage for VENDAJE and VENDAJE AC.
"Opening hospital access for VENDAJE and VENDAJE AC is a significant step in expanding patient access to BioStem's BioRetain® wound care solutions," said Jason Matuszewski, Chief Executive Officer and Chairman of BioStem Technologies. "Clinicians in Vizient and Premier member hospitals can now reach for these products through their existing contracting channels, which removes a barrier that has limited where they could be used. These agreements position us to reach health systems and providers at scale and support the execution of our commercial strategy. We're pleased to build on our relationships with both organizations and to continue delivering value to hospitals, clinicians, and the patients they serve."
Vizient is the largest GPO in the United States by affiliated staffed beds, serving more than 5,000 hospitals, and Premier is the second largest, serving more than 4,000, according to figures published by the organizations.
VENDAJE® and VENDAJE AC® are placental-derived, minimally manipulated dehydrated tissue allografts that serve as a protective covering for soft tissue wounds. VENDAJE is composed of the amnion layer of the placental membrane. VENDAJE AC is a thicker, multilayer allograft retaining the amnion, intermediate, and chorion layers. Both products are manufactured using BioStem's proprietary BioRetain® process, which is designed to retain the native properties of placental tissue.
About BioStem Technologies, Inc. (Nasdaq: BSEM): BioStem Technologies, Inc. is a publicly traded, biomedical innovator, focused on developing, manufacturing and commercializing advanced allograft solutions derived from perinatal tissue. The company leverages its industry-leading proprietary BioRetain®, CryoTek® and SteriTek® processing technologies, designed to optimize the preservation of the natural properties of these tissues, supporting their use in clinical settings. Its allografts are used by clinicians across a wide range of specialties. With a growing portfolio of products, expanding clinical research initiatives, and a national commercial footprint, BioStem is committed to advancing innovation in regenerative medicine.
BioStem Technologies’ quality management system and standard operating procedures have been reviewed and accredited by the American Association of Tissue Banks (“AATB”). These systems and procedures are established in compliance with current Good Tissue Practices (“cGTP”) and current Good Manufacturing Practices (“cGMP”). BioStem’s portfolio of quality brands includes its Neox®, Clarix®, VENDAJE® and American Amnion™ product lines.
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Contact BioStem:
Website: www.biostemtechnologies.com
E-Mail: pr@biostemtech.com
X: @BSEM_Tech
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Phone: 954-380-8342
Investor Relations:
Philip Trip Taylor, Gilmartin
ir@biostemtech.com
Public Relations:
Jennifer Horton, Relevance
jennifer@relevance.com