- Yesterday Pluristem Therapeutics Inc (NASDAQ:PSTI) announced top-line results from its Phase 3 trial evaluating PLX-PAD in 240 patients for muscle recovery following hip fracture surgery.
- HC wainwright believes the muscle strength results from the Phase 3 trial confirm the results seen in the Phase 1/2 trial, in which increases in gluteus medius strength and volume were observed at 26 weeks post-treatment.
- The analyst reiterates a Buy rating with a price target of $10.
- Related: Pluristem Posts Mixed Results From Study Of Muscle Regeneration After Hip Fracture Surgery.
- “Given these data showing PLX-PAD’s ability to improve muscle strength, the panelist believes that these cells have potential in treating other indications, such as sports injuries, surgical injuries, and traumatic muscle-related injuries,” the analyst writes.
- HC Wainwright says that given the ambiguities surrounding the efficacy of using SPPB to assess function following treatment with PLX-PAD, Pluristem plans to meet FDA to discuss an acceptable functional endpoint for the pivotal study.
- The company plans to meet with both FDA and EMEA to gain clarity regarding the regulatory pathway during 2022. Awaiting further details on the regulatory pathway for PLX-PAD, the analyst expects management to provide further details during 2H22.
- Price Action: PSTI shares are up 0.91% at $1.01 during the market session on the last check Friday.
‘Newly Elected GOP House Speaker Voted Against Numerous Marijuana Measures, Including Banking, Research And Legalization’ – Marijuana Moment
https://www.marijuanamoment.net/newly-elected-gop-house-speaker-voted-against-numerous-marijuana-measures-including-banking-research-and-legalization/The U.S. House of Representatives officially has a new speaker: Rep.
