Monday, December 15, 2014 9:09:07 AM
Athersys Inc - Which many at this time last year could believe had a viable product and was headed in a great direction. We were all lied to and fooled by Dr. Gil and BJ, plus the others.
They have proven that Multistem is a failure, but now are going to take the failed product to a new level and admin. it is Humans that have had heart attacks. That should be an ethical problem and the FDA should stop them.
The stroke trial is so slow because there are no hospitals now will to dose patients... The study is almost 3 years old and just this past MAY Gil put out a press release stating the study was alomst complete, now they are going to change the RESULTS of the study. Look it up...
On top of everything, they DOUBLED outright the top 5 people in managements PAY this summer. Gil did it himself and he now makes in excess of 4 million a year. They have never had a positive phase II study and r at least 7 years away from making real money.
It just doesn'tr make sense that a company using what is nothing more than "a placebo" can continue to dose patients with it. Pfizer proved it healed nothing at all, yet they continue. They are also continuing with the local support they use to have in the Univesity hospital system and case western reserve. Both have moved on away from them.
They cant get anyone in the USA to buy into their joke, so, over to Japan to try. That won't work either.
Just sad this is allowed to continue. Money loss or not and now, I dont own this stock... Never again, but people need to stand up for what is right and or wrong. This is a huge wrong, along with NBS, Pluristem, and others. Their products and cells are a test at testing and making money.
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