Archive

Archive for February, 2010

One-for-Eight Reverse Stock Split Effective, Aastrom (ASTMD)

February 18th, 2010 No comments

The resulting effect of the reverse stock split is that every 8 shares of the issued/outstanding common stock prior to the opening of trading will be combined into 1 issued without any change in the par value of shares with the number of authorized but unissued shares of the common stock proportionally reduced. As a result, ASTM (D) could have approximately (rough calculation) 30 M shares outstanding with a total fully diluted value of 40 M including warrants and options.

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Phase I Study of MultiStem in Acute Myocardial Infarction, Athersys (ATHX)

February 17th, 2010 No comments

ATHX  has completed patient enrollment of a Ph I clinical trial of MultiStem®, its allogeneic stem cell therapy product, administered to individuals following acute myocardial infarction (AMI), more commonly referred to as a heart attack. Top line results of the trial are expected to be announced mid-year, upon completion of a 4 month patient follow-up visits and analysis of results.  The Ph I clinical trial is an open label, multi-center dose escalation trial evaluating the safety and maximum tolerated dose of a single administration of allogeneic MultiStem cells.  Myocardial infarction remains one of the leading causes of death and disability in the US.

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A New Trial for Congestive Heart Failure, Bioheart (BHRT)

February 16th, 2010 No comments

Bioheart (BHRT.OB) is a biotechnology company focused on the discovery, development and commercialization of autologous cell therapies for the treatment of chronic, acute heart damage, and peripheral vascular disease.  BHRT.OB initiated its REGEN trial, a Ph I clinical trial to test genetically modified MyoCell® in patients suffering from Congestive Heart Failure (CHF). Read more…

First Stem Cell Transplant in Myelination Disorder Trial, StemCells, Inc (NASDAQ: STEM)

February 11th, 2010 No comments

                                   STEM announced its proprietary HuCNS-SC® human neural stem cells have been used to treat the first patient enrolled in its Phase I clinical trial in Pelizaeus-Merzbacher Disease (PMD), a myelination disorder that afflicts male children.  Read more…

Finally, a Stem Cell Trial for Ischemic Stroke; ReNeuron (RENE.L)

February 11th, 2010 No comments

ReNeuron (LON: RENE) has been … finally … given full regulatory approval by the UK Gene Therapy Advisory Committee to initiate a stem cell trial for ischemic stroke after a 5 years approval cycle.

RENE.L also has new preclinical data backing the efficacy of its lead CTX stem cell line for peripheral arterial disease. Read more…

Q2/10 Financial Results, Aastrom Biosciences (NASDAQ: ASTM)

February 10th, 2010 No comments

ASTM continues its cardiovascular clinical programs and expects to aggressively to advance these programs in 2010. Net loss was $4.575 M or $.03 per share. Read more…

Is there Anything There? BrainStorm Cell Therapeutics (OTC BB: BCLI)

February 10th, 2010 No comments

BrainStorm Cell Therapeutics (BCLI.OB) is  focused on developing adult stem cells taken from the patient’s own bone marrow to treat Amyotrophic Lateral Sclerosis (ALS or Lou Gehrig’s disease).  BrainStorm’s technology allows for the differentiation of bone marrow-derived stem cells into functional neurons and astrocytes as demonstrated in animal models as it has successfully demonstrated release of dopamine from in-vitro differentiated bone marrow cells. Read more…

1 for 8 Reverse Stock Split, Aastrom Biosciences (NASDAQ: ASTM)

February 9th, 2010 No comments

Aastrom has approved a 1 for 8 reverse stock split of the common stock effective on 2/18/10. The reverse stock split should help ASTM’ shares reflect the value created through their clinical programs and might help attract more institutional ownership of the stock.  The reverse stock split is intended to increase the per share trading price of ASTM’s common stock to satisfy the $1.00 minimum bid price requirement for continued listing on NASDAQ.  Following the reverse stock split, ASTM expects to have approximately 28.3 M shares of common stock outstanding. Read more…

Therapeutic Applicability and Immune Rejection Advantages of hpSC Technology, International Stem Cell (NASDAQ: ISCO.OB)

February 9th, 2010 No comments

ISCO.OB is focused on using hpSC to treat severe diseases of the eye, the nervous system and the liver where cell therapy has been proven … clinically … yet is limited by the availability of safe immune-matched human cells. ISCO.OB is about to demonstrate the therapeutic applicability and potential immune rejection advantages of hpSC lines relative to other stem cell classes. Read more…

Stem Cell Order from Japanese Cosmetic Surgery Center, Cytori Therapeutics (NASDAQ: CYTX)

February 8th, 2010 No comments

Stem cell surgery options and procedures continue to evolve at a rapid rate and companies such as Cytori Therapeutics are making preparations to serve more medical centers and cosmetic surgery facilities with stem cell orders in the oncoming years. Most recently, Cytori has received an order for a StemSource Cell Bank from Cosmetic Surgery Seishin in Japan.   Read more…