Edison - Athersys - Investment summary: Gathering momentum

11:12 EDT 8 May 2013 | BioPortfolio

Athersys’ stock has gained 25% in the last month to trade at an 18-month high. We believe positive biotech sentiment in general, and burgeoning interest in stem cells and regenerative medicine in particular, are contributory factors. For Athersys, the key near-term catalyst is headline data in Q413 from a Phase II study of its MultiStem product (allogeneic stem cells from adult bone marrow) for ulcerative colitis (UC), conducted by partner Pfizer. Positive results would provide important clinical validation of MultiStem and help to de-risk other opportunities.

Source: Edison Investment - Read full review at


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