NEW YORK, NY–(Marketwire -03/05/12)- February was a challenging month for stem cell stocks. TickerSpy’s Stem Cell Stocks Index (RXSTM) has slipped nearly 13 percent over the last month — underperforming the S&P 500 by close to 17 percent over that time frame. Despite the drop in investor optimism, new and promising research continues to propel the industry forward. Five Star Equities examines the outlook for companies in the Biotechnology industry and provides equity research on BioTime, Inc. (AMEX: BTX – News) and Aastrom Biosciences, Inc. (NASDAQ: ASTM – News). Access to the full company reports can be found at:
A new study at Johns Hopkins University has shown that stem cells from patients’ own cardiac tissue can be used to heal scarred tissue after a heart attack. “This has never been accomplished before, despite a decade of cell therapy trials for patients with heart attacks. Now we have done it,” Eduardo Marban, director of the Cedars-Sinai Heart Institute and one of the study’s co-authors, said in a statement. “The effects are substantial.”
In another study, researchers led by Jonathan Tilly, director of the Vincent Center for Reproductive Biology at Massachusetts General Hospital, argue they’ve discovered the ovaries of young women harbor very rare stem cells capable of producing new eggs.
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Aastrom Biosciences, Inc., a regenerative medicine company, engages in developing autologous cell therapies for the treatment of severe and chronic cardiovascular diseases.
BioTime, Inc. primarily focuses on regenerative medicine, which refers to therapies based on human embryonic stem (hES) cell and induced pluripotent stem (iPS) cell technology designed to rebuild cell and tissue function lost due to degenerative disease or injury. The company recently elected to market progenitors of muscle stem cells bearing hereditary diseases. BioTime will produce the products from five human embryonic stem (hES) cell lines from Reproductive Genetics Institute (RGI) of Chicago, Illinois.
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