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StemCells Inc. Message Board

  • xwavve xwavve Aug 27, 2012 2:46 PM Flag

    $20MM Alzheimer's Grant

    ...CIRM to re-review grant application in September. Receipt of this grant means.

    1) STEM will receive $20 million
    2) STEM will enter the clinic in Phase I/II

    This is highly significant, and combined with this fall's milestones, we may see $4-6 PPS.

    I can't imagine big pharma not buying into stem cell therapy. Company should be gone in 2012.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You have to adjust to new realities. It's not 2004 anymore.

    • stem will go higher... it has to

    • Do you think there is any concern that the 20mil award for the AZ treatment would get denied? It is on the new agenda list for the Sept 5-6 Cirm meeting but recently there were issues with Robert Klein (former board member and still has some pull over the CIRM board) speaking up for STEM. He also has personal ties with Irv Weissman (founder of STEM). After reading a few articles on how he was questioned and the boards issues does have me a little concerned. It is still on the not recommended for funding list on the agenda. I know on July 26th the board sounded like they would really like this but behind the scenes stuff in the past month gets to me. The technology is awesome and it has the potential to be a great procedure. What do yall think?

    • Here's what I think.
      Due to HUGE results coming in september and lack of other therapies, STEM's drugs will have to achieve phases 2..... and no need for phases 3.
      They'll get approval and phase 4 (data after marketing).

      Happened before.

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