SOURCE: Streetwise Reports

Streetwise Reports

August 18, 2017 08:45 ET

Streetwise Reports Examines One Regenerative Medicine Firm to 'Keep a Close Eye On'

SAN FRANCISCO, CA--(Marketwired - August 18, 2017) - In an update on this company's clinical cell therapy programs targeting blood cancers and osteoarthritis in the knee, Gabrielle Zhou of Maxim Group describes progress that sets the stage for "value inflection."

Included in this article is: Cellular Biomedicine Group Inc.'s (NASDAQ: CBMG)

Zhou summed up Cellular Biomedicine Group Inc.'s recent activities in an Aug. 9 research report. "CBMG's cell therapy programs continue to make progress," she wrote. "We expect to see data from both the CARD-1 and CALL-1 chimeric antigen receptor T-cell (CAR-T) studies by 2017E, setting the stage for a value inflection as CBMG becomes a Phase 2 CAR-T player."

The analyst also noted the company has enough cash to get to that stage. "CBMG ended the period with $27M in cash," Zhou noted. "At the current burn rate, we estimate CBMG has sufficient capital to fund through topline data releases (by 2017E) from its CARD-1 and CALL-1 studies, which should represent catalysts for the stock."

Continue reading this article: 'Keep a Close Eye On' This Regenerative Medicine Firm

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The following company mentioned in this article is a billboard sponsor of Streetwise Reports: None. Streetwise Reports does not accept stock in exchange for its services. Click here for important disclosures about sponsor fees. Cellular Biomedicine Group Inc. paid Streetwise Reports to distribute this press release on its behalf. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers.

Please see the end of the article for the complete disclosures: 'Keep a Close Eye On' This Regenerative Medicine Firm

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