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Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based autologous stem cell therapy company. The Company has developed, patented, and is scaling a patient’s blood-based stem cell therapeutics platform, which includes angiogenic cell precursors, neuronal cell precursors and cardiomyocyte cell precursors. The Company holds 87 patents on the derivation of three stem cell lineages from the patient’s blood, including angiogenic cell precursors (ACP-01), neuronal cell precursors, and cardiomyocyte cell precursors. ACP-01, its lead clinical-stage candidate, is an autologous cell therapy for the treatment of critical limb ischemia. ACP-01 is in a Phase 2 clinical trial in Canada and the United States. Its technology includes methods for collecting the synergetic cell population and manufacturing a personalized regenerative therapy that can be administered to a patient within seven days of the initial cell collection. Its subsidiaries include Kwalata Trading Limited, Hemostemix Ltd. and PreCerv Inc.


TSXV:HEM - Post by User

Bullboard Posts
Post by theguru1on Mar 02, 2010 7:13am
275 Views
Post# 16832297

Increase In Revenue?

Increase In Revenue?Hem. revenue number where nice to see. It must mean farmers are beginning to spend again and 2010 will be a better year for farmers. This should drive Hems revenue numbers north for the remainder of the year. 16%  gain in revenue should start the ball rolling and if they can start to sell off inventory the cash numbers should look a little better.
Hope the conference call sheds some light on the rest of the year but I'm not counting on it. They don't like to provide guidance because there not right very often. Hoping they atleast guide for a small profit next quarter as the quarter is almost over and they should be able to predict to the end of March.
Bullboard Posts