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Upcoming Data For Athersys Crucial, But Not In Terms Of Immediate Share Price
- Topline data due late April for Athersys', Pfizer's phase 2 trial of MultiStem for ulcerative colitis are critical, but immediate effect on the share price of ATHX may be muted.
- The real move may be delayed until the next tranche of data to be released 8 weeks later, and possibly until Pfizer decides how to proceed.
- Traders anticipating the upcoming data should be prepared for a delay in any sustained move until somewhere between July-October.
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