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Athersys Inc.s' (ATHX) CEO Gil Van Bokkelen on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 7:56 PM ETAthersys, Inc. (ATHX)8 Comments
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Athersys, Inc. (NASDAQ:ATHX) Q1 2020 Earnings Conference Call May 7, 2020 4:30 PM ET

Company Participants

Karen Hunady - Director of Corporate Communications and Investor Relations

Gil Van Bokkelen - Founder, Chairman and Chief Executive Officer

Ivor Macleod - Chief Financial Officer

Maia Hansen - Senior Vice President and Head of Operations and Supply Chain

Conference Call Participants

Jason Kolbert - Dawson James

Chad Messer - Needham & Company, LLC


Ladies and gentlemen, thank you for standing by, and welcome to the Athersys’ First Quarter 2020 Results Conference Call. At this time all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to hand the conference over to your speaker today, Karen Hunady. Thank you. Please go ahead.

Karen Hunady

Thank you, Kasie, and good afternoon, everyone. As Kasie mentioned, I’m Karen Hunady, Director of Corporate Communications and Investor Relations for Athersys. Thank you for joining today’s call. If you do not have a copy of the press release issued at the close of market, it is available on the Athersys’ website at athersys.com.

Ivor Macleod, Chief Financial Officer is here to provide us with the financial update and Gil Van Bokkelen, Chairman and Chief Executive Officer, will be providing our corporate update.

Today's call is expected to last 30 to 45 minutes and a webcast of the audio will be available two hours after the call’s conclusion on our website under the Events section. The access information for the replay is also in today’s press release.

Any remarks that we may make about future expectations, plans and prospects constitute forward-looking statements for purposes of the Safe Harbor provision under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by the

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Comments (8)

smikhail profile picture
From the 10-Q:
We are currently in discussions with BARDA regarding the finalization and implementation of a potential collaboration.
mookdoc profile picture
You referring to CHINA partner?
my dog profile picture
your lack of understanding a simple english sentence amazes me
mookdoc profile picture
Sorry, I have been swamped with using MS-MAPC's for girth and length study.....
mookdoc profile picture
Great Call! Surprised GVB even attended...when is the Makaveli read out anticipated...what did he say? 3-4months? Lol
CavScout1969 profile picture
I agree, great call!

Check this out:

Notice the change in language from today’s 10Q
“Discussions between Athersys and BARDA are continuing, and our full proposal submitted to BARDA was rated as acceptable. We are currently in discussions with BARDA regarding the finalization and implementation of a potential collaboration.”

Versus the language in the 8K from April 15
“Discussions between Athersys and BARDA are continuing regarding a potential collaboration for which Athersys has submitted its formal proposal. However, there can be no assurance that BARDA will elect to pursue such collaboration with us, or as to the amount of funding, if any, that we might receive in connection with any such collaboration.”

BARDA very soon!

Take care
Dash-9 profile picture
Another intelligent comment from someone in the shallow end of the gene pool hoping their comments will drive the SP down. Very noticeable you have an axe to grind and your opinion is terribly tainted. Instead of looking at a product as a means for relief for the horrible effects of Ischemic Stroke, ARDS, COVID-19 induced ARDS and TBI (traumatic brain injury), you choose to post demeaning petty comments to promote your agenda.
You are STILL here? I have no idea how much time you have on your hands but if you are even invested in ATHX, it wouldn't make sense for you to bash the stock and if you are short, then you have definitely lost money. I can only assume you are paid by someone to be a bad actor in these kinds of boards to drive away potential new investors. Honestly that really sad that you cant find more value in your own free time.
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