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October 23, 2013
07:10 EDTATHXAthersys replaces equity facility with Aspire Capital
Athersys announced that it has put in place a new equity facility with Aspire Capital Fund, LLC to replace the prior two-year agreement that has ended. Under the new agreement, Athersys has the right to sell up to $25M in shares of common stock to Aspire Capital under certain conditions over a two-year period. The agreement represents an additional tool for accessing capital to complement business collaborations, grants and traditional fundraising, and as such, provides the Company with added financial strength and flexibility.
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November 19, 2015
05:40 EDTATHXAthersys: MAPC effective in improving health of animals after acute rodent SCI
Athersys announced that multipotent adult progenitor cells, or MAPC, used in Athersys' MultiStem cell therapy currently in clinical development, are effective in improving the health of animals after acute rodent spinal cord injury. Intravenous administration of MAPC one day after injury prevented loss of spinal cord tissue resulting in significant improvement of walking function and urinary control. "The results described in this important publication build on and are consistent with previously completed preclinical and clinical studies in acute neurological injuries, including the Phase 2 study in ischemic stroke," commented Dr. Robert Mays, Senior Vice President and Head of Neurosciences at Athersys. "The data show consistent mechanisms of action for MultiStem in targeting and modulating the immune system, and enhancing recovery and repair. Importantly, these results support our belief that the intravenous administration of MultiStem may lead to durable and substantial benefits in humans, which is consistent with our clinical observations in other programs. Athersys commends the outstanding work of Jerry Silver's lab at Case Western Reserve University School of Medicine, and we look forward to additional progress that will enable the clinical translation of this therapy for spinal cord injured patients." This study provides additional strong support for the use of MultiStem as a therapeutic for human acute spinal cord injury with the overall goals of improving quality of life, motor control, and reducing long-term patient care costs.
November 16, 2015
13:09 EDTATHXAthersys management to meet with Maxim
Meeting to be held in London on November 18 hosted by Maxim.

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