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Hemostemix Inc V.HEM

Alternate Symbol(s):  HMTXF

Hemostemix Inc. is a Canada-based clinical-stage biotechnology company. The Company’s principal business is to develop, manufacture and commercialize blood-derived stem cell therapies to treat various diseases. It is an autologous stem cell therapeutics company that holds 91 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 is a lead clinical-stage candidate, like NCP-01 and CCP-01, is generated from the patient’s blood. The Company is engaged in providing treatment for ischemia, such as ischemic cardiomyopathy, angina, peripheral arterial disease including critical limb ischemia. The Company’s proprietary technology is a personalized regenerative therapy that is administered to a patient within seven days of the initial blood draw. Its subsidiaries include Kwalata Trading Limited, Hemostemix Ltd., and PreCerv Inc.


TSXV:HEM - Post by User

Bullboard Posts
Comment by dt_coreon Aug 01, 2011 4:23pm
171 Views
Post# 18893179

RE: Interesting.

RE: Interesting.That's an interesting observation, and difficult to say if this is related to any failed expectations until the conference call/earnings release. But at such a mild level of discounting ($500 isn't much, sounds more like promotional pricing), the timing (entering a slower sales period given the time of year), and SK comments that some pricing increases had been put through in the prior quarter and discounts were likely in the future due to competition, I'm not overly surprised. BUT will reserve judgement until we here comments.

Remember, dealers were experiencing stock outs in May and July.
Bullboard Posts