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Wednesday, March 09, 2011 12:52:52 PM
"Advanced Cell Technology Comments on Recent Trading
Advanced Cell Technology Inc ACTC
3/9/2011 12:15:01 PMPhase I/II Trials Proceeding as Scheduled; Company Knows of No Reason for Decline in Stock Price
MARLBOROUGH, Mass., Mar 09, 2011 (BUSINESS WIRE) --
Advanced Cell Technology, Inc., a leader in the field of regenerative medicine, commented today on recent trading activity in its stock. The Company knows of no business, clinical or financial reason for the stock's recent significant decline. The two Phase I/II clinical trials that ACT received FDA clearance on for its RPE program, including a Phase 1/2 trial in patients with dry age-related macular degeneration, are proceeding as scheduled. "
the stock is up about 20% since its low was hit earlier today.
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