NEW YORK (GenomeWeb) – OncoCyte said today that it has spun off as a publicly traded company from BioTime and has begun trading on the NYSE MKT under the symbol OCX.

On Dec. 31, BioTime distributed approximately 4.75 million shares of OncoCyte common stock to its shareholders in the ratio of one share of OncoCyte stock for every 20 BioTime common shares owned. There are now 25.4 million shares outstanding of OncoCyte, of which BioTime owns 58.55 percent.

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