Advanced Cell Technology has seen the greatest gain in value following an aggressive period of buying by the company's insiders. The company announced that it will be presenting at the Biotech Showcase; it also presented data for its dry-age-related macular degeneration (dry AMD) and Stargardt's macular dystrophy (SMD) treatments. According to the company, no safety issues were reported and there was evidence of engraftment and function using the treatment. In early trials the company's treatment has shown improvements in improving vision. Now halfway through its clinical study, the results are beginning to be noticed. This is a stock that has seen volatility over the last year, but has an opportunity to build awareness for both itself and the industry if its cell therapy continues to improve vision.
Advanced Cell Technology has earned less than $500k of revenue over the last 12 months while posting a net loss of more than $30 million. In the nine months ending 09/30/2012, the company lost $11.56 million from operations, but continues to earn cash from financing activities, $6.72 million in the nine-month period. As of the end of the third quarter, the company had a cash position of $8.25 million and recently entered into a $35 million stock purchase agreement with Lincoln Park Capital. Taking into account the lower costs and improved margins, the company should be fine to fund its operations short-term, but I'd still watch for financing at some point this year.