-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Qb8/EYIHUT39BdzTzwBlzwDhkC1oae0NYYaHgpZAn4ZiH2jTCDpD+hvfYdjOiOY7
 I3BrA7ZHJIvNNhxMWHIwGA==

<SEC-DOCUMENT>0001144204-10-009243.txt : 20100222
<SEC-HEADER>0001144204-10-009243.hdr.sgml : 20100222
<ACCEPTANCE-DATETIME>20100222153845
ACCESSION NUMBER:		0001144204-10-009243
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100218
FILED AS OF DATE:		20100222
DATE AS OF CHANGE:		20100222

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Wei Eric
		CENTRAL INDEX KEY:			0001368570

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33650
		FILM NUMBER:		10622601

	MAIL ADDRESS:	
		STREET 1:		SUITE 602, CHINA LIFE TOWER
		STREET 2:		16 CHAOWAI DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100020

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NeoStem, Inc.
		CENTRAL INDEX KEY:			0000320017
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090]
		IRS NUMBER:				222343568
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		420 LEXINGTON AVENUE
		STREET 2:		SUITE 450
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10170
		BUSINESS PHONE:		212-584-4171

	MAIL ADDRESS:	
		STREET 1:		420 LEXINGTON AVENUE
		STREET 2:		SUITE 450
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10170

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHASE III MEDICAL INC/DE
		DATE OF NAME CHANGE:	20030819

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CORNICHE GROUP INC /DE
		DATE OF NAME CHANGE:	19951117

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIDELITY MEDICAL INC
		DATE OF NAME CHANGE:	19951025

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RimAsia Capital Partners GP, L.P.
		CENTRAL INDEX KEY:			0001369125
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33650
		FILM NUMBER:		10622599

	BUSINESS ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000
		BUSINESS PHONE:		852 2524 6100

	MAIL ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RimAsia Capital Partners GP, Ltd.
		CENTRAL INDEX KEY:			0001369126
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33650
		FILM NUMBER:		10622598

	BUSINESS ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000
		BUSINESS PHONE:		852 2524 6100

	MAIL ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RimAsia Capital Partners, L.P.
		CENTRAL INDEX KEY:			0001369127
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33650
		FILM NUMBER:		10622600

	BUSINESS ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000
		BUSINESS PHONE:		852 2524 6100

	MAIL ADDRESS:	
		STREET 1:		1302 BANK OF AMERICA TOWER
		STREET 2:		12 HARCOURT ROAD
		CITY:			ADMIRALTY
		STATE:			K3
		ZIP:			000000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v175125_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-02-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000320017</issuerCik>
        <issuerName>NeoStem, Inc.</issuerName>
        <issuerTradingSymbol>NBS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001369127</rptOwnerCik>
            <rptOwnerName>RimAsia Capital Partners, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1807 HARBOUR CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>25 HARBOUR ROAD, WANCHAI</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001369125</rptOwnerCik>
            <rptOwnerName>RimAsia Capital Partners GP, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1807 HARBOUR CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>25 HARBOUR ROAD, WANCHAI</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001369126</rptOwnerCik>
            <rptOwnerName>RimAsia Capital Partners GP, Ltd.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1807 HARBOUR CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>25 HARBOUR ROAD, WANCHAI</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001368570</rptOwnerCik>
            <rptOwnerName>Wei Eric</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1807 HARBOUR CENTRE</rptOwnerStreet1>
            <rptOwnerStreet2>25 HARBOUR ROAD, WANCHAI</rptOwnerStreet2>
            <rptOwnerCity>HONG KONG</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-02-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>125000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11583009</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-02-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>740741</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.35</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12323750</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On February 18, 2010, Eric H.C. Wei transferred 125,000 shares of common stock, par value $0.001 per share (&quot;Common Stock&quot;),
 of NeoStem, Inc. (the &quot;Company&quot;), owned directly by him to RimAsia Capital Partners, L.P. for no consideration.
 Additionally, the pledge of 1,040,000 shares of Common Stock from Fullbright Finance Limited to RimAsia Capital Partners,
 L.P. has been released.</footnote>
        <footnote id="F2">This Form 4 is filed jointly with (a) RimAsia Capital Partners GP, L.P., as the general partner of RimAsia Capital Partners,
 L.P., (b) RimAsia Capital Partners GP, Ltd., the general partner of RimAsia Capital Partners GP, L.P. and (c) Eric H.C. Wei,
 the sole director of RimAsia Capital Partners GP, Ltd.  All such reporting persons have the address noted in Item 1.</footnote>
        <footnote id="F3">RimAsia Capital Partners GP, L.P., RimAsia Capital Partners GP, Ltd. and Eric H.C. Wei disclaim beneficial ownership of the
 securities held by RimAsia Capital Partners, L.P. except to the extent of any pecuniary interest therein, and the inclusion
 of these securities shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes
 of Section 16 of the Securities Exchange Act or for any other purpose.</footnote>
        <footnote id="F4">Purchased by RimAsia Capital Partners, L.P. in connection with a public offering of the Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ RimAsia Capital Partners, L.P.</signatureName>
        <signatureDate>2010-02-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ RimAsia Capital Partners GP, L.P. (and as general partner of RimAsia Capital Partners, L.P.)</signatureName>
        <signatureDate>2010-02-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ RimAsia Capital Partners GP, Ltd. (and as general partner of RimAsia Capital Partners GP, L.P.)</signatureName>
        <signatureDate>2010-02-22</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Eric H.C. Wei, as sole director of RimAsia Capital Partners GP, Ltd., and as authorized signatory for RimAsia Capital Partners, L.P., RimAsia Capital Partners GP, L.P. and Eric H.C. Wei</signatureName>
        <signatureDate>2010-02-22</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----