Vericel Corp. (VCEL)

[realfast95]

So as a follow-up to my post yesterday. Mentioning the partnership with Takeda and Sanford-Burnham on a Heart medication drug. I see in Wedesday news that Sanford-Burnham did indeed pull out of Florida.


Rick Scott brings Visit Florida, Enterprise Florida pitch to Lake Nona
http://floridapolitics.com/archives/235972-rick-scott-brings-visit-florida-enterprise-florida-pitch-lake-nona

---relevant section -----
Scott’s latest pitch, however, also came less than two miles directly up Lake Nona Boulevard from the former Sanford Burnham Medical Research Institute, which has become a poster child for the occasional failure and overblown promises of public and private financial incentives. Sanford Burnham pulled out last year despite receiving about $350 million in incentives, and never achieved the levels of job generation, economic development, and technology prestige promised when Florida won a bidding war for it in 2006.

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However it doesn't rule out that they could have moved the research back to San Diego.

I think a key player could be this guy


Sanford Burnham Prebys Hires New VP of Drug Discovery
Christopher J. Larson, Ph.D., brings sixteen years of drug discovery leadership experience in industry
Released: 18-Aug-2016 1:05 PM EDT
https://www.newswise.com/articles/sanford-burnham-prebys-hires-new-vp-of-drug-discovery

Before joining SBP, Larson spent six years at Takeda Pharmaceuticals, where he advanced numerous candidate drugs from research to global clinical development. His most recent position at Takeda was US head and associate global head of cardiovascular and metabolic diseases drug discovery, expanding the company’s research enterprise into several new disease areas.