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Henry McCusker
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Analyst, Journalist and Publisher ... Henry enters his tenth (10) year at Scimitar Equity -Regenerative Medicine Investors which aggregates, curates and creates bottom-line content weeding of regenerative medicine and cell therapy news to provide a customized, vetted selection of relevant and... More
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Scimitar Equity-Regenerative Medicine Investors
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Scimitar Equity Blog
  • Aastrom (ASTM) Manufacturing Transfer and CLI Product Naming 1 comment
    Apr 4, 2011 12:36 PM

    Manufacturing steps completed in preparation for PIII CLI Program

    ASTM transferred cell cassette manufacturing to ATEK Medical under the 10/10 partnership. These single-use cell cassettes are the central component used in its proprietary culturing process at its cell manufacturing facility. Ixmyelocel-T has been formally accepted by the US FDA and the Adopted Names Council as the non-proprietary name for ASTM’s investigational cell therapy product.

    The Bottom Line: Packaged noise, not milestones but, Needham & Co’s “BUY” and $6.00 price target stimulated share appreciation. However, recognize this is the press build-up pre one SPA approval which will substantiate  a … very … dilutionary offering by Needham and Stifel. Needham also came out with a “BUY” on Pluristem (NASDAQ:PSTI), ASTM’s comparable at $5.00. Just, keeping the banking  fee “pot” warm!

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  • bush123
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    For someone who claims they stopped coverage on 12/29/2010. You had more to say since that date then ever before . What gives Henry
    5 Apr 2011, 05:42 AM Reply Like
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