From IH -
posted on
Dec 21, 2010 08:07PM
Adult stem cell development company commencing clinical trials applicable to estimated $30 billion degenerative disease market place
WOW -- BUCKLE UP!! We're going to Go Up SOON!
This report did not get widely circulated, so it is not in the MARKET reaction yet. It is an OPINION now, but once it becomes generally regarded as TRUE this will ROCKET... read a portion below...
"I was in attendance at Pluristem’s presentation during the Maxim Conference held on November 18, 2010 at the Grand Hyatt in New York. After reading the Company’s press release of November 29 and attending the presentation, I am left with the impression that Pluristem’s next clinical trial involving PLX-PAD could be a pivotal, phase III trial and, therefore, the last trial the Company will need to conduct prior to commercializing the product. Most Pharmaceutical companies use Phase II trials to confirm the dose of their product for their Phase III trials. However Pluristem already knows what dose of their PLX-PAD cells to use from their previous Phase I trials where the dosing of patients was completed this fall. If a pivotal, Phase III trial is conducted by the company, the PLX- PAD could be commercialized as early as 2013, accordingly, the reiteration of my recommendation." -- find the whole report here... http://www.cpreports.com/?p=681
NOTE: The same report forecasts a pps of $6 within ONE YEAR and $10 within TWO YEAR.
I'll say that IMO they are WAY to CONSERVATIVE.. once phase III is entered the price will hit $10 and once it is approved as treatment... about $40.
I wondered why there was no announcement of entering Phase II -- more likely now that they will instead SOON announce entering Phase III (FINAL PHASE)... then so many other treatments will follow, and they might even all then be directly to Phase III because I don't think the content will change, only treatment approach... so, there could be a whole series of NEWS and advancements once this gets rolling...
GLTA -- time to be ready because this will ROCKET...