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Strong Buy
down 61.61 %

ATHERSYS INC (ATHX) rated Strong Buy with price target $9 by WBB Securities

Posted on: Monday,  Sep 13, 2010  9:25 AM ET by WBB Securities

WBB Securities rated Strong Buy ATHERSYS INC (NASDAQ: ATHX) on 09/13/2010. Previously WBB Securities rated Strong Buy ATHERSYS INC (NASDAQ: ATHX) on
07/30/2010., when the stock price was $2.97. Since then, ATHERSYS INC has lost 61.62% as of 01/26/2016's recent price of $1.14.
If you would have followed the previous WBB Securities's recommendation on ATHX, you would have lost 61.61% of your investment in 2006 days.

Athersys, Inc., is a biopharmaceutical company engaged in the discovery and development of therapeutic products. Through the application of its technologies, the Company has established a pipeline of therapeutic product development programs in multiple disease areas. The Company?s current product development portfolio consists of MultiStem, a patented and stem cell product that the Company is developing as a treatment for multiple disease indications, and that is being evaluated in two ongoing clinical trials. In addition, the Company are developing novel pharmaceuticals to treat indications such as obesity, certain cognitive and attention disorders, narcolepsy or other forms of excessive daytime sleepiness. In December 2008, the Company were granted authorization by the United States Food and Drug Administration (FDA), to initiate a third clinical trial, administering MultiStem for the treatment of ischemic stroke.

Research from WBB Securities provides investment professionals with up-to-date, in-depth, accurate and insightful reporting of companies that specialize in biotechnology, medical devices and healthcare. Our goal is to provide independent, straight-forward and up-to-date research so you can make educated decisions about your investments.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/13/2010 9:25 AM Buy
3.05 9.00
as of 12/31/2010
1 Week up  11.11 %
1 Month up  10.67 %
3 Months down  -8.19 %
1 YTD down  -8.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2010 9:25 AM Buy
2.97 8.00

(*) Stock Price at the time of the recommendation.
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