Athersys, Inc.

Athersys, Inc.

ATHX
Athersys, Inc.US flagNASDAQ Capital Market
0.01
USD
-0.01
- -
Athersys, Inc.
ATHX
(NASDAQ Capital Market)

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Business
Athersys, Inc. (ATHX) is a clinical-stage biotechnology company focused on the research, development, and commercialization of regenerative medicine therapies, particularly its proprietary MultiStem allogeneic off-the-shelf stem cell platform. MultiStem targets neurological conditions such as ischemic stroke; inflammatory and immune disorders including acute respiratory distress syndrome; cardiovascular diseases; pulmonary conditions; and other critical care indications like trauma complications and hematopoietic stem cell transplant support, with clinical programs in Phase 3 for stroke in North America, Europe, and Japan. The company, founded in 1995 and headquartered in Cleveland, Ohio, with operations in Leuven, Belgium, serves patients and healthcare providers in the United States, Europe, Japan, and other regions through collaborations and licensing agreements. Recent major developments include filing for Chapter 11 bankruptcy protection in January 2024, followed by conversion to Chapter 7 liquidation in September 2024; execution of a memorandum of understanding with Healios K.K. in 2023 granting global rights to MultiStem for acute respiratory distress syndrome, accompanied by upfront payments and potential milestones; engagement of Outcome Capital in 2023 to evaluate strategic alternatives such as mergers, asset sales, or investments; and completion of warrant exercises and public offerings in 2023 to extend liquidity amid ongoing clinical and operational challenges.

Company News

APIChatGPT
  • Head-To-Head Review: Athersys (NASDAQ:ATHX) versus Turn Therapeutics (NASDAQ:TTRX)

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  • Athersys (NASDAQ:ATHX) and Galera Therapeutics (NASDAQ:GRTX) Critical Review

  • Athersys Reports Third Quarter 2023 Financial Results and Business Highlights

  • Are Longevity Stocks the Next Trillion-Dollar Industry? 3 Anti-Aging Picks

  • Athersys Extends Near Term Liquidity with Proceeds from Warrant Inducement and Global ARDS License with Healios to Explore Strategic Alternatives

  • Athersys Reports Interim Analysis Results of MASTERS-2 Clinical Study with MultiStem in Ischemic Stroke, Signs Memorandum of Understanding (MOU) for Global ARDS License with Healios

  • Athersys Licenses its Animal Health Assets to Ardent Animal Health

  • Athersys Director Jane Wasman Appointed Board Chair

  • Grant Awarded to Newcastle University to Research Athersys' MultiStem® in Machine Perfusion Prior to Kidney Transplantation

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  • Why Is Athersys (ATHX) Stock Down 36% Today?

  • Athersys, Inc. Announces Pricing of $3.5 Million Public Offering

  • Athersys Reports Second Quarter 2023 Financial Results and Business Highlights

  • Athersys Appoints Neema Mayhugh, PhD to its Board of Directors

  • Athersys to Host Business Update Conference Call on August 9th

  • Patient Enrollment Begins in Third and Final Cohort of the Phase 2 MATRICS-1 Clinical Study Evaluating Athersys' MultiStem® Following Hemorrhagic Trauma

  • Athersys Restructures Debt with Supplier

  • Athersys Reports First Quarter 2023 Financial Results and Business Highlights