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Stock Market & Financial Investment News

News Breaks
November 12, 2013
16:21 EDTASTMAastrom reports Q3 EPS (6c), consensus ($2.02)
Reports Q3 revenue $0.
News For ASTM From The Last 14 Days
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April 21, 2014
12:00 EDTASTMAastrom rises 32.7%
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10:00 EDTASTMAastrom rises 26.1%
Aastrom is up 26.1%, or 92c, to $4.44
08:36 EDTASTMAastrom announces definitive agreement to acquire Sanofi's CTRM business
Aastrom Biosciences (ASTM) announced that it has entered into a definitive agreement to acquire Sanofi's (SNY) Cell Therapy and Regenerative Medicine, or CTRM, business for a purchase price of $6.5M, with $4M payable in cash at closing and $2.5M payable in the form of a promissory note. The acquisition is subject to customary closing conditions and is scheduled to close in approximately three weeks. Through the CTRM acquisition, Aastrom is acquiring global commercial rights to three marketed autologous cell therapy products. Aastrom will also acquire global manufacturing and production centers located in the United States and Denmark.
08:32 EDTASTMAastrom announces definitive agreement to acquire Sanofi's CTRM business
08:25 EDTASTMAastrom trading halted, pending news

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