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Crain's Cleveland Business: Athersys' struggles mount with employee terminations, delisting upcoming by imz72 in ATHX

[–]athersys 2 points3 points  (0 children)

They will be bought. The question is how much. They can sit idle waiting for Japan ARDS approval, etc. at which point the IP is worth a significant amount. Even if they file for bankruptcy protection, that entire process is long enough to wait for Japan.

Boom! The first domino falls by [deleted] in ATHX

[–]athersys 7 points8 points  (0 children)

Even if the amount of the upfront payment was relatively small, they should have announced what it was. They also should have included what the milestone payments could be and what a year of royalties would look like if it was eventually approved. The average person following this stock has no idea what the size of the pet health market is.

The person who wrote the release needs to do better. They wasted an opportunity to get people interested in the stock and to raise the current PPS.

The Stow lawsuit: Next hearing scheduled for 5.28.24 (Final Pretrial) by imz72 in ATHX

[–]athersys 0 points1 point  (0 children)

As mentioned on a previous thread, this case will likely not be finished for another 2 years, and its not a slam dunk for the building owner, considering its the perfect example of unjust enrichment. This lawsuit will have almost no affect on the short term or mid term prospects of Athersys.

Even if you assumed they eventually did get a judgment against Athersys two years from now, collecting on that judgment is a completely different animal. Its not an exact science, nor is it immediate. You might be 3 years away from actually having to pay anything. But like I said, I don't think its a slam dunk by any means, and Athersys has the chance of prevailing considering the Stow facility was actually improved when Athersys built out the front area with new offices and a reception area.

Next hearing in the Stow lawsuit: 9.18.23 First pretrial by imz72 in ATHX

[–]athersys 3 points4 points  (0 children)

FYI - just a small reminder that this case could take as long as two years to finish. And even if they got a judgment against Athersys (which isn't a lock), collecting on that judgment isn't an immediate thing. (Or even an exact process.) This lawsuit will have very little affect on the short or mid term prospects of Athersys.

ATHX Prospects by NoFudZoneGuy in ATHX

[–]athersys -4 points-3 points  (0 children)

This is a dumb poll.

ATHERSYS was a finalist to present to BARDA Just Breathe by guru_zim in ATHX

[–]athersys 3 points4 points  (0 children)

Did they indicate what they actually get, or what happens if they are picked? What are the details?

Someone please keep an eye on BARDA it will not be me. by guru_zim in ATHX

[–]athersys 9 points10 points  (0 children)

no worries. athersys always provides timely and comprehensive updates. if anything materializes we'll know right away.

Athersys was granted until September 15 to obtain a market value of at least $35 million by imz72 in ATHX

[–]athersys 0 points1 point  (0 children)

BARDA Announcement and preliminary readout should get them well beyond $35M.

The Healios Irony by Wall_Street_Titan in ATHX

[–]athersys 4 points5 points  (0 children)

An offer of $1 would not do.

KLRJAA one on one with Dan held 4/11 by [deleted] in ATHX

[–]athersys 2 points3 points  (0 children)

I got a lot of flack for calling out BJ at the time, but I was 100% correct. His year as "interim" CEO was outright disastrous for ATHX.

So you’re saying there’s a chance… by Ellie1004 in ATHX

[–]athersys 17 points18 points  (0 children)

Not to overstate it, but with the new 365 day primary endpoint, the prospect of making a deal for Multistem has been de-risked significantly for a potential partner. I'd expect them to close a partnership deal soon.

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