Next Big Market: Adult Stem Cell Drugs (Nasdaq:ASTM), (Nasdaq:CYTX), (Nasdaq:KOOL), (Nasdaq:OSIR), (Nasdaq:OSIR)
Pasadena, CA - 06/17/09 - BioMedReports.Com, the news portal covering the biomedical sector that delivers financial and investment intelligence to a community of highly informed investors has initiated a report on companies who deal in the Adult Stem Cell drug and therapy space.
According to a new report in Fortune Magazine, marketable therapies emerging from work in the (less controversial) adult stem space could be the next multi-billion dollar market.
“Adult derived cells are the ones that have been studied for the past 10 to 15 years and are ready for prime time,” says Debra Grega, the executive director of the Center for Stem Cell and Regenerative Medicine at Case Western Reserve University. “Large pharmaceutical companies are now wanting to get into the adult stem cell therapeutic area. That indicates to me that there is enough safety and enough efficacy that they are willing to put money in.”
Pharmaceutical giant Pfizer (NYSE:PFE) announced in November that it would invest up to $100 million in regenerative research, which would include both adult and embryonic stem cell research, over a three to five year period.
The overall stem cell market, however, is still quite small. The California-based outfit Geron (NASDAQ:GERN) dominates the embryonic stem cell market, and is perhaps 10 years away from commercializing a spinal cord treatment based on its research.
The frontrunner in the adult stem cell space, according to Forbes, is Osiris Therapeutics, Inc.(NASDAQ:OSIR)- currently trading at $14.20 per share. Genzyme Corp. (NASDAQ:GENZ) has signed a partnership alliance with Osiris Therapeutics to develop two late-stage adult stem cell treatments — Prochymal and Chondrogen — thought to be useful to treat a variety of diseases by controlling inflammation, promoting growth of new tissue and preventing scars. The deal will pay Osiris $130 million upfront ($75 million initially and the difference to be paid on July 1, 2009). Assuming the drugs reach the marketplace, Genzyme will pay up to $1.25 billion in development, regulatory and sales milestone payments.
Investors should be aware that there are only a limited number of stocks which are pure plays or semi-pure plays in the stem cell industry.
Investors are invited to read the report which includes company information, market cap and price per share info for the following companies:
StemCells, Inc.(Public, NASDAQ:STEM)
Cytori Therapeutics Inc. (NASDAQ:CYTX)
Aastrom Biosciences, Inc.(NASDAQ:ASTM)
Opexa Therapeutics, Inc. (Nasdaq:Opexa)
It is available to all readers at BioMedReports.Com:
Biotech investors interested in seeing the complete database of clinical trials and upcoming FDA decisions can access that information here:
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