Long/short equity

Amarantus Teams With Becton, Dickinson For LymPro Development, Seeking PD-LID Candidate

Amarantus BioSciences (OTCQB:AMBS) is developing a Lymphocyte Proliferation (LymPro) Blood Test for the diagnosis of Alzheimer's Disease. The company acquired the test from privately-held Memory Dx, LLC, in December 2012. The inventors of the test, Dr. Thomas Arendt and Dr. Jens Stieler of the University of Leipzig, Germany, had previously published data and the mechanism of action for LymPro in NeuroReport. We note that LymPro has completed two Phase I clinical studies in over 160 patients, showing 98% sensitivity and 96% specificity for Alzheimer's disease diagnosis.

The next step in the clinical development of LymPro is to establish the analytical performance of the assay in an outsourced GLP laboratory, as well as to conduct small clinical performance studies...

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