Lineage Cell Therapeutics Inc (LCTX)

[DeepDive]

This sends shivers down my spine. It's the same magnitude as the first landing on the moon for medicine:

Dear BioTime Investor,

We have some encouraging news to share with you.

News that was released this morning by the University of Southern California offers hope to patients suffering from severe spinal cord injury. A team of doctors at USC are evaluating the safety and efficacy of AST-OPC1 as a therapy for spinal cord injuries. As reported, a paralyzed patient in the study regained the use of his arms and hands after treatment with AST-OPC1 in April. Asterias announced that it expects to report its interim efficacy data on September 14, during the 55th Annual Scientific Meeting of the International Spinal Cord Society (ISCoS), which is being held in Vienna, Austria.

This news is a big step forward and shows the power behind the “pluripotent” platform that BioTime and Asterias utilize for novel cell-based therapies. Restoring the level of function that could improve the neurological function and quality of life of patients with spinal cord injuries, is, we believe, just the start of what may be many important new therapies to come from this platform.

As we have said for some time, the power of pluripotent technology has the ability to provide a number of potential cell-based therapies. With this in mind, we remain strong believers in the Asterias team and its clinical pipeline.

Currently, BioTime holds approximately 48% or $61M of the outstanding common shares of Asterias Biotherapeutics (NYSE MKT: AST). Several news and media opportunities are expected on this news. Also, we expect future updates will be found on the USC media content center located at www.keckmedicine.org.

Here’s a link to all of the USC media, including the news release and b-roll:
http://www.keckmedicine.org/stem-cell-patient-media-assets/