Wednesday, August 26, 2009

Osiris Prochymal - Crohn's Disease and Stock Update

As I have mentioned quite a few times, Osiris Prochymal has all but put my Crohn's in Remission. Because of that I pay attention to Osiris. I am not sure what the exact status of their stem-cell trial for Crohn's is, but if you can look into it, I recommend you see if it is right for you. I will work on an update on the current trials available for Prochymal and Crohns.

Shares of Osiris Therapeutics Inc. (have appreciated as much as 20% over the past five days as traders and investors are placing their bets ahead of the impending release of late-stage trial results of the company's stem cell drug candidate, Prochymal. The stock is currently trading around $14 as of this writing. Osiris Therapeutics got a drubbing on Wall Street in March, when it suspended trials of its pill for Crohn's disease, citing an "unusually high" response to placebo.

Prochymal is an intravenously administered formulation of mesenchymal stem cells obtained from the bone marrow of healthy adult donors and is designed to provide therapeutic benefit by controlling inflammation, promoting tissue regeneration, and preventing scar formation.

Prochymal in Crohn's disease

As recently as March 27, Osiris stopped enrollment in a phase III study, which is testing Prochymal as a potential treatment for Crohn's disease due to a systemic design flaw in the trial. Shares plummeted 31% to a low of $12.62 that day following the news. The data from the trial is expected to be used in redesigning future studies.


Diane J Standiford said...

I so hope it is successful!!!

Anonymous said...

Hey Scott,

So you've been well ever since the Prochymal? If so that's awesome. What meds are you on now?

Jimmy said...

Crohn’s disease causes chronic, excruciating inflammation of the intestines. Understanding that which food will help to elicit the symptoms would assist in adequately managing oneself from the disease by decreasing the symptoms. By following a diet chart will help to overcome gastrointestinal discomfort symptoms.

Crohn's Disease Blog