Aastrom Biosciences

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Q&A: Aastrom Biosciences’ CEO Tim Mayleben

Tim Mayleben had a front-row seat as a board member to the shaky period two years ago when stem cell company Aastrom Biosciences was clinging to survival. Now, he’s in the driver’s seat as things are looking up for the publicly traded biotech firm. In 2012, Aastrom (Nasdaq: ASTM) could launch its first product–a treatment […]

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Aastrom finishes treating patients in Phase 2 heart failure trial

Aastrom Biosciences Inc. has finished treating patients in a Phase 2 clinical trial of its cardiac-repair stem cells. The milestone clears the way for Aastrom to report six-month interim results of the trial later this year, according to a statement from the company. In the trial, Aastrom treated 40 patients suffering from dilated cardiomyopathy, a […]

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Aastrom Biosciences is back in Nasdaq’s good graces

Aastrom Biosciences, once in danger of being deslisted from the Nasdaq, has regained compliance with the stock exchange’s $1 minimum share price requirement. In December, the stem cell company was granted an extension until March 31 from being delisted.  The company said its stock would have to trade above $1 for 10 consecutive days before […]

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.