Athersys

News

Athersys gets U.S. stem cell patent for heart attack, other conditions

Athersys (NASDAQ:ATHX) has obtained a U.S. patent that covers the use of nonembryonic multi-potent stem cells for the treatment of several heart conditions, including heart attack. The patent provides protection for “multiple techniques” for delivering the stem cells to treat the conditions, which also include congestive heart failure and myocardial ischemia, according to a statement […]

News

Athersys closes $20 million stock purchase deal with Aspire Capital

A new common stock purchase agreement with Aspire Capital Fund LLC will give Cleveland biopharmaceutical company Athersys (NASDAQ:ATHX) up to $20 million in investment dollars. Chicago-based Aspire has committed to purchasing up to $20 million in Athersys common stock over the next two years, with Athersys controlling the timing and the amount of the purchases […]

News

Athersys to investigate stem cell treatment for multiple sclerosis

Athersys (Nasdaq:ATHX) has entered a partnership with a nonprofit multiple sclerosis group to investigate its adult stem cell technology for the treatment of MS. Fast Forward, a nonprofit subsidiary of the National Multiple Sclerosis Society, will commit up to $640,000 to fund animal studies of Athersys’ MultiStem in treating MS, a disease that attacks the […]

Pharma

Athersys reveals plans for phase 2 stroke clinical trial

Stem cell developer Athersys (NASDAQ:ATHX) has taken the next of many steps toward commercializing its MultiStem therapy for stroke, the most promising application for the therapy. The Cleveland-based company detailed its plans for a phase 2 ischemic stroke clinical trial that’s estimated to involve about 140 patients, according to ClinicalTrials.gov, a website maintained by the […]

News

Athersys more threatened than most by falling share price

As a small biotech with little revenue, no profits and no products on the market, stem cell therapy developer Athersys (NASDAQ:ATHX) is particularly vulnerable to big drops in its share price. That’s because Athersys’s primary method for raising cash is through direct offerings of its shares, such as an offering that raised $13 million for […]

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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.

Pharma

Athersys reports positive results from early GvHD clinical trial

Stem cell therapy developer Athersys (NASDAQ:ATHX) reported positive interim results from a phase 1 clinical trial in patients with leukemia or similar blood cancers. The trial showed that the company’s MultiStem technology was well tolerated at all dose levels and also suggested that the technology may reduce the incidence of severe graft-versus-host disease, according to […]

Pharma

Athersys plans to begin first stroke clinical study by end of year

Stem cell therapy developer Athersys (NASDAQ:ATHX) plans to begin the first clinical study of its MultiStem technology in stroke patients by the end of the year. The planned double-blind, placebo-controlled study could involve as many as 150 patients, CEO Gil Van Bokkelen said in a conference call with analysts and investors after announcing the Cleveland-based […]