
Athersys, Inc, a biotechnology company, focuses on the research and development in the field of regenerative medicine.
Its clinical development programs are focused on treating neurological conditions, cardiovascular diseases, inflammatory and immune disorders, and pulmonary and other conditions.
ATHX's lead platform product includes MultiStem cell therapy, an allogeneic stem cell product, which has completed Phase 2 study for treating patients suffering from moderate and severe ischemic stroke; that is in Phase 2 clinical study for treating patients with acute myocardial infarction; and, which is in Phase 1/2 clinical study for treating patients with acute respiratory distress syndrome, as well as completed Phase 1 clinical study for patients suffering from leukemia or various other blood-borne cancers. It also develops MultiStem cell therapy to promote tissue repair and healing for animal patients; and 5HT2c agonists for the treatment of obesity and other conditions.
Athersys has license and collaboration agreements with Healios K.K. and Chugai Pharmaceuticals Co., Ltd. to develop and commercialize MultiStem cell therapy for ischemic stroke; RTI Surgical, Inc. to develop and commercialize biologic implants for orthopedic applications in the bone graft substitutes market; University of Minnesota to develop MultiStem cell therapy platform; and Bristol-Myers Squibb to provide cell lines expressing well validated drug targets for compound screening and development.
Athersys, Inc. was founded in 1995 and is headquartered in Cleveland, Ohio.
September 13, 2011
The Daily Look, EOD, Closing Bell, 9/13/11
September 13, 2011
RegMed Daily Dialogue, Mid-Day, 9/13/11, lack of conviction emanates from the buy side
September 8, 2011
RegMed Daily Dialogue, 9/8/11, stocks wobbling after multiple economics reports
September 7, 2011
RegMed Daily Dialogue, 9/7/11, a snapback rally from oversold positions
August 31, 2011
RegMed Daily Dialogue, 8/31/11, goodbye to August, worried about the historically cruel September
August 29, 2011
RegMed Daily Dialogue, 8/29/11, post excessive sell-off and hurricane, September is still in the wind
August 26, 2011
RegMed Daily Dialogue, 8/26/11, selling on no news, going into the weekend - short
August 25, 2011
RegMed Daily Dialogue, 8/25/11, how do we handicap confidence, set aside preconceived notions of “why” shares are undervalued
August 24, 2011
RegMed Daily Dialogue, 8/24/11, headline news versus real numbers, no wonder fear is rampant
August 23, 2011
RegMed Daily Dialogue, 8/23/11, RegMed companies are trading at huge DISCOUNTS when compared to companies in the same stages of development
35 companies, 1 interpreter!
Insight, foresight and recommendation
Athersys (ATHX) – Started 1/18 at $1.81, dropping on 2/1 to $1.76 and was trading at $1.44 on 2/16 ... after initiating a follow-on equity facility to a current facility. Under the new agreement, ATHX has the right to sell up to $100 million of its common stock to Aspire Capital under certain conditions over a three-year period. In conjunction with the new facility, Aspire made an initial investment of $1 million at a price of $2.00 per share. As of 12/31/17t, ATHX had approximately $29.3 million of cash and cash equivalents available to fund operations. DON’T look for follow through appreciation as the stock based debt facility will be selling shares into ANY strength …
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Editor and Publisher ... Henry McCusker enters his tenth (10th) year at RegMed Investors