The final patient has been treated ongoing multi-center, randomized, double-blind, placebo-controlled U.S. Phase 2b clinical trial designated RESTORE-CLI.
This patient received intramuscular injections of either Aastrom’s tissue repair cells (TRCs) or electrolyte solution (placebo) for the treatment of critical limb ischemia (CLI), the end-stage of peripheral arterial disease. TRC-based cellular therapies are produced from a small sample of bone marrow taken from a patient. ASTM’s TRC technology greatly expands the cell populations for direct delivery to the damaged tissues of the same patient.
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Aastrom’s (NASDAQ:ASTMD) ticker symbol will revert back (dropping the “D” designation) to ASTM as of 3/18/10. ASTM’s reverse stock split which became effective (2/18/10), has been trading on a post-split basis under the temporary trading symbol “ASTMD” for approximately 20 trading days.
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Can Advanced Cell Technology (ACTC.OB) continue its existence and access to further capital requirements to move their programs to the clinic? I believe that Bill Caldwell, Bob Lanza and ACTC.OB who have lasted this long through many, many travails … with the right financing and agreements (with past investors and holders of debentures) … could … make it but, the jury is still out.
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ReNeuron Group (RENE.L) announced the placing of 94.4 M new ordinary shares with existing and new institutional and qualifying individual shareholders on 2/22/10. This placement was comprised 2 closings and will trade on AIM.
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Reported a lower FY09 net loss of $23.216 M or $0.65 per share with higher revenues versus a net loss of $30.036 M, or $1.12 per share for FY08.
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Reported a smaller FY09 net loss of $27.02 M or $0.25 per share, an increase in revenues but, increased operational losses; versus a net loss of $29.08 M, or $0.35 per share for 2008.
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Biotime (BTIM) reported (3/10/10) a FY09 net loss $5.14 M or $0.18 per diluted share compared to a $3.8 M or $0.16 per diluted share in FY08 .
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We are all looking for any signal that will propel a stock and ONE indicator is the CEO investing his own money in ASTMD. CEO’s “direct” share ownership should be a factor of significance, but should not be confused with option or grant holdings. Timothy Mayleben, the new CEO filed a Form 4, this week with the SEC. Read more…
Opexa Therapeutics reported (3/5/10) a net loss of $1.43 M or $0.11 per diluted share for FY09 compared to $11.85 M or $1.12 per diluted share in FY08. FY09 highlights:
- The pivotal point in the year was the completion of the stem cell transaction with Novartis (NVS) Pharmaceuticals for an upfront payment of $3 M and potential technology transfer milestone payments totaling another $1 M (with total potential payments from the deal that could exceed $50 M),
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ASTMD reported the final patient treatment in the ongoing cardiac regeneration US P 2 surgical clinical trial designated IMPACT-DCM. Treated at Emory University Hospital Midtown in Atlanta, GA, this patient received direct injections of ASTMD’s tissue repair cells for the treatment of dilated cardiomyopathy (DCM), a severe form of congestive heart failure in which the heart becomes weakened and enlarged and cannot pump blood efficiently.
- With the treatment of the final patient in this trial, Aastrom is positioned to report 6 month interim data on all enrolled patients in late 2010.
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