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August 5, 2014
13:58 EDTKOOLCesca Therapeutics partnership positive, says H.C. Wainwright
After Cesca (KOOL) announced an expanded collaboration with pan Asia-Pacific hospital owner Fortis Healthcare, H.C. Wainwright believes the announcement is "excellent news." The firm thinks the deal gives Cesca a stronger foothold in Asia and could enable its new cell therapy treatments to be approved more quickly. The firm views the stock as undervalued and keeps a $5 price target and Buy rating on the shares.
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