BrainStorm Cell Therapeutics Inc. (BCLI: Quote) has secured FDA's Fast Track product designation for its core technology, NurOwn, which is currently being studied in a randomized, double-blind, placebo-controlled phase II clinical trial in amyotrophic lateral sclerosis patients. The NurOwn technology processes adult human mesenchymal stem cells that are present in bone marrow and are capable of self-renewal as well as differentiation into many other cell types. BCLI closed Tuesday's trading at $3.98, up 2.84%. OXiGENE Inc. (OXGN: Quote) has enrolled the first patient in a phase 1b/2 clinical study that will evaluate its drug candidate Fosbretabulin in combination with GlaxoSmithKline PLC's (GSK) approved cancer medication Votrient in patients with recurrent ovarian cancer. The study is estimated to enroll up to 128 patients at sites in the United Kingdom. The primary endpoint is progression-free survival, and secondary endpoints include safety, overall survival, objective response rate and relevant biomarkers. OXGN closed Tuesday's trading 6.88% higher at $2.33. Medgenics Inc. (MDGN: Quote) is all set to present initial data from its ongoing phase 1/2 clinical trial of MDGN-201 at the 22nd Annual Congress of the European Society of Gene and Cell Therapy being held in The Hague, Netherlands from October 23rd-26th, 2014. The … Continue reading
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