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Aastrom Biosciences, Inc

Stem cell therapy developer reports net loss of $0.03 per share

Published in Pharma Investments, Ventures and Law Weekly, December 18th, 2005

Aastrom Biosciences, Inc., (ASTM) reported financial results for the first quarter of fiscal year 2006 ended September 30, 2005.

The company also reported several clinical and operational achievements during the quarter ended September 30, 2005, including:

1) The expansion of the U.S. phase I/II clinical trial of the company's adult stem cell-based Tissue Repair Cells (TRCs) in the treatment of severe long bone open or non-union fractures to include the University of Nebraska Medical Center (UNMC) in Omaha, Nebraska. UNMC is the fifth site engaged in this U.S. multicenter trial, which is currently underway at Lutheran General Hospital, Park Ridge,...

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