Archive

Archive for the ‘Independent Equity Research’ Category

Spin-out of Drug Discovery Platform, TiGenix (NYSE EURONEXT: TIG)

September 1st, 2010 Henry McCusker No comments

TIG has entered into an agreement with its academic partners, the Catholic University Leuven (KULeuven) and Ghent University (UGent), the Dutch company Therosteon and a consortium of investors for the creation of a new small molecule drug development company, Arcarios Read more…

New ASTM Analyst Review

August 19th, 2010 Henry McCusker No comments

The blended valuation model implies a pricing of $4.40 given the fully diluted shares outstanding. The Sum of the Parts estimation of $5.62 is discounted 10% and is significantly above this stocks current price of $1.49. Read more…

A Brewing Dilemma

August 18th, 2010 Henry McCusker No comments

Optimism is the systematic tendency for people to be overly confident about the outcome of a potential event(s) but, have we forgotten the … what else(s).

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Q2/10 Results, BioTime (Amex: BTIM)

August 17th, 2010 Henry McCusker No comments

 Net loss for Q2/10 was $2.3 M or $0.06 per share on weighted average outstanding of 37.6 M common shares. Read more…

Q2/10 Results, StemCells (STEM)

August 10th, 2010 Henry McCusker No comments

STEM reported net loss of $4.61 M, or $0.04 per share. Read more…

Q2/10 Results, Athersys (ATHX)

August 9th, 2010 Henry McCusker No comments

Net loss for Q/2/10 was $3.1M or $0.16 per share. Read more…

Q2/10 Results, Opexa Therapeutics (OPXA)

August 9th, 2010 Henry McCusker No comments

OPXA’s  Q2/10 net loss was $1.82 M or ($0.12) per share. Read more…

Q2/10 and FY10 Results to Date, Cytori Therapeutics (CYTX)

August 6th, 2010 Henry McCusker No comments

CYTX’s net loss was $5.4 M and $0.12 per share Read more…

Is It Safe, Yet for Stem Cell Equities

August 4th, 2010 Henry McCusker No comments

The financial markets have thoroughly depreciated the stem cell universe but, many struggling stem cell companies are getting second, third and fourth chances Read more…

Starting the Week, a Possible Earnings Hangover, 8/2-6/10

August 1st, 2010 Henry McCusker No comments

After a big rally in July, investors could be in for another bout of economic jitters this week as the focus shifts from earnings to the weak job market. Read more…