FDA Calendar

Monday, September 24, 2012

$ASTM - Looking way ahead to 2014

Will be adding longer term biotech plays in a new page in the future for future runup trading.  This will be filed later under 2013/2014 Catalysts.

ASTM: AASTROM Biosciences

Aastrom Biosciences, Inc. (Aastrom) is a development stage company. The Company is focused on the development of cell therapies to repair or regenerate damaged or diseased tissues. The Company is engaged in developing patient-specific, expanded multicellular therapies for uses in the treatment of severe, chronic ischemic cardiovascular diseases. The Company's cell-manufacturing technology enables the manufacture of multicellular therapies, expanded from an adult's own bone marrow and delivered directly to damage tissues. The Company released Phase IIb data from its RESTORE-CLI trial and launched its pivotal Phase III REVIVE trial in CLI in February 2012.

2014 Catalysts:
  • Phase 3 REVIVE-CLI clinical study of ixmyelocel-T in patients with critical limb ischemia;  - Complete enrollment in 2014.. data??
  • Phase 2b RENEW-DCM clinical study of ixmyelocel-T in patients with ischemic DCM;  - Top line data ~ August 2014
Cash Position as of June 30th - 28 million cash, long way to go, likely will need to raise more cash in 2013, something to consider before investing.


 

2 comments:

  1. There is a planned interim update after the first 300 patients are treated. Probably around mid to late 2013. It will be blinded to the company (and investors), but it should give us a sense of the overall AFS number. Similar to a cancer program, we generally know what to expect from the control group, so if the blinded AFS number is greater than what we are expecting for the control we can infer that the ixmy-T group is separating.

    ReplyDelete