NeoStem gets grant for Scleroderma research

NeoStem (NBS +6.4%) jumps after saying the National Institute of Arthritis and Musculoskeletal and Skin Diseases has awarded the company nearly $148K for the "Development of Adult Pluripotent VSEL stem cells to treat skin wounds in Scleroderma."

Depending on the results of the study (which will employ a tight skin mouse), the company may be eligible to receive an additional $1.5M in grants. (PR)

Comments (1)
  • simischuster too
    , contributor
    Comments (3) | Send Message
    Nice to see. Expect 12-13 pps in the coming month.
    12 Sep 2013, 08:04 PM Reply Like
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