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Osiris Shareholders Upset Over Merger Bid - (via Business Journal)
March 12, 2019
Tags: NewsPoints Osiris Smith & Nephew United States Corporate Affairs Mergers &
Acquisitions
A group of Osiris Therapeutics Inc. shareholders are attempting
to block the $660.5 million purchase of the company by Smith & Nephew plc.
The shareholders allege that the purchase price of $19 per share is insufficient in light of the company's growth prospects, and that deal-protection clauses in the merger agreement preclude other
companies from submitting successful competing offers. In addition, shareholders allege that Osiris senior management obtained personal benefits for their own self interests in agreeing to sell the company that are not being shared with common stockholders.
Osiris Therapeutics did not immediately respond to requests for a comment.
To contact the law firm on behalf of shareholders of
Osiris Therapeutics for more information as to how you can participate with other shareholders for a higher price at no cost or expense call toll free 800.511.7037 or contact@tripplevy.com
OSIR moved from the OTC to the Nasdaq:
http://otce.finra.org/DLDeletions
Next week will be the last chance to buy under 10$! Will buy more on Monday ??
The Company currently expects that it will file the comprehensive Form 10-K filing no later than March 28, 2018.
Osir buy 8,6 - expecting financials this or next week! $MESO - share price up! also good for OSIR.
OSIR buy 5.720
bull flag
inverted head and shoulders bottom
bullish divergence
support at moving averages
previous high volume indicates the bottom and major support
because most of all the potential sellers are now exhausted and out
price now beginning a nascent uptrend above the ichimoku span clouds
normal chart
log chart
OSIR: SEC charges Biotech Company, Executives with accounting fraud:
https://www.sec.gov/litigation/litreleases/2017/lr23978.htm
OSIR delisted from the Nasdaq to the OTC:
http://otce.finra.org/DLAdditions
I do not draw confidence nor base any trade in any market/exchange off those sources. Its not behove Imo.
Found on the StockTwits board, "Osiris Therapeutics: Regenerative Technologies And Restated Financials seekingalpha.com/article/40... $OSIR Dump is coming, sell before the dump! Bearish".
Article showing a lot of current issues, including active investigations? and concerns about financial statements...
New to this board, and wondering who can point to good DD for their recovery plan after disclosures this year. Thanks!
* * $OSIR Video Chart 11-08-16 * *
Link to Video - click here to watch the technical chart video
Volatility has brought opportunity. Green trend still Long , We will see. OSIR
Not the confidence building move.
Yes, a good idea. Wonderful setup these past 3 months no ?
A close above 5.60 at the least
A line of research I have been particularly interested in/following will be very fruitful soon as it is Understood. OSIR
The Potential for Osiris is Great.
Like the research and product applications.
Impacts many Lives Positively. Room for Growth.
Followed a long Time , Undervalued Greatly but unfortunate with last year but left a wide door for Opportunity.
The Trend is Green , Confidence Stronger
$OSIR
Osiris Therapeutics Profiled
Stem Cells Market About Therapeutic Benefits Boosts Value of US$119.5 bn in 2018
September 1st, 2016
http://www.medgadget.com/2016/09/stem-cells-market-about-therapeutic-benefits-boosts-value-of-us119-5-bn-in-2018.html
Global Stem Cells Market to Reach US $119.5 Bn by 2018, Rising Awareness About Therapeutic Benefits Boosts Popularity
Published: August 19th, 2016
http://www.sbwire.com/press-releases/stem-cells-market/release-716200.htm?utm_source=djournal&utm_medium=feed&utm_campaign=distribution
Also, "Some of the key enterprises operating in the global stem cells market, namely,...have been profiled in this study."
U.S. Stem Cell / BioHeart Profiled
Symbol: USRM
Shares Outstanding: 14.45M
Float: 12.17M
Stock Price: $0.02
A diamond in the rough or a 100 pound gold nugget?
Trend Continues.
Strong Green Close Tomorrow
Starting to prime. $OSIR
August 4 2016
Grafix(R) Manuscript Reporting Positive Outcomes of Multicenter Chronic Complex Wounds with Exposed Tendon and Bone Clinical Trial is Available Electronically in Peer-Reviewed Journal
COLUMBIA, Md. , Aug. 04, 2016 (GLOBE NEWSWIRE) -- Osiris Therapeutics, Inc. (NASDAQ:OSIR), a leading cellular regenerative medicine company focused on developing and marketing products to treat conditions in wound care, orthopaedics and sports medicine, announced today that the manuscript from its multicenter prospective post-market clinical trial using Grafix was accepted for publication in the International Wound Journal , is now available online and will appear in an upcoming issue of the journal.
About the Trial (Protocol 310)
Patients between 18 and 85 years of age with confirmed type 1 or type 2 diabetes and with chronic complex diabetic foot wounds that extended through the dermis and into the subcutaneous tissue with evidence of exposed muscle, tendon, bone, and/or joint capsule were considered for this study. Ulcers had to be able to accommodate up to three 5 cm x 5 cm pieces of Grafix. Patients were excluded from the trial if the ulcer had any evidence of active infection at screening. Patients received treatment with Grafix weekly for up to 16 weeks. The primary endpoint measured 100% granulation of wound by 16 weeks as determined by the investigator. Secondary endpoints included complete wound closure rates, time to 100% granulation, number of applications, and percent wound area reduction at 4 weeks, 8 weeks, 12 weeks, and 16 weeks. 31 patients were enrolled, and 27 completed the study. The patient group had significant co-morbidity, with over 80% having hypertension, over 60% being current or former smokers, 55% having heart disease and 45% having had a previous partial amputation. The mean wound area was 14.6 cm2 with mean duration of 7.5 months, and 67.7% of patients failed advanced wound therapies prior to Grafix. For patients completing the protocol, the primary endpoint, 100% wound granulation by week 16, was met by 96.3% of patients in a mean of 6.8 weeks. Complete wound closure occurred in 59.3% (mean 9.1 weeks). Osiris Therapeutics partnered with CPC Clinical Research , an Academic Clinical Research Organization (CRO), who was responsible for data management and pharmacovigilance services. The protocol was submitted to clinicaltrials.gov (Reference # NCT02260609).
About Grafix®
OSIR
Osiris actually headed up to some important pivot points and resistance zones on strength, with about 17% of the float shorted and a short ratio of 32.29, this could turn into a short squeeze fast should it keep trickling up. I'll be watching the action and dabbling for a few more just in case, Ill be cautious where to set a trailing stop just in case, these algorithms are a bitch sometimes to figure out. more later. trade well
Happy coding
R5
I agree. Have had eyes on OSIR for a while as well.
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Osiris Therapeutics, Inc (OSIR)
Company Address:
7015 Albert Einstein Drive
Columbia, MD 21046
Phone: 443.545.1800
Fax: 443.545.1701
Directions Map
E-mail: Osiris@Osiris.com
CIK: 0001360886
Osiris Therapeutics, Inc. is a leading stem cell company focused on developing and marketing products to treat medical conditions in the inflammatory, autoimmune, orthopedic and cardiovascular areas. Osiris' stem cell products have significant therapeutic potential because of their ability to regulate inflammation, promote tissue regeneration and prevent pathological scar formation.
Management:
C. Randal Mills, Ph.D., President and Chief Executive Officer
Philip R. Jacoby, Jr., Chief Financial Officer and Corporate Secretary
Michelle LeRoux Williams, Ph.D., Chief Scientific Officer
Lode Debrabandere, Ph.D., Senior Vice President, Therapeutics
Stephen W. Potter, Senior Vice President of Operations and Corporate Development
Douglas Jacobstein, M.D., Senior Director, Medical Affairs
Christopher R. Alder, J.D., Chief Intellectual Property Counsel
Important Company Highlights:
Prochymal is being evaluated in Phase 3 clinical trials for several indications, including acute graft versus host disease (GvHD) and also Crohn's disease, and is the only stem cell therapeutic currently designated by the FDA as both an Orphan Drug and Fast Track product. |
Prochymal is also being developed for the repair of heart tissue following a heart attack, the protection of pancreatic islet cells in patients with type 1 diabetes, and the repair of lung tissue in patients with pulmonary disease. |
Osiris has partnered with Genzyme Corporation to develop Prochymal as a medical countermeasure to nuclear terrorism and other radiological emergencies. |
Chondrogen is currently being evaluated in clinical trials for the treatment of osteoarthritis in the knee. Enrollment for this trial has been completed.
Recent News:
http://finance.yahoo.com/q/h?s=ODP+Headlines
Transfer Agent:
Stocktrans, Inc.
44 W Lancaster Ave
Ardmore, PA 19003
610.649.7300
Share Structure:
Outstanding Shares
32,790,019 as of Nov 4, 2010
Authorized Shares
90,000,000 as of Sept 30, 2010
Investor Relations:
Erica Elchin
Phone: 443.545.1834
E-mail: OsirisPR@Osiris.com
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