David Mazzo, Caladrius Biosciences CEO

Blam­ing Covid dis­rup­tion, sup­ply short­ages, mi­cro­cap biotech hits the brakes on cell ther­a­py tri­al

More than two years in­to the Covid-19 pan­dem­ic, we’re not done see­ing its dis­rup­tion of biotech.

That’s ac­cord­ing to Cal­adrius ex­ecs, who cit­ed the pan­dem­ic as one rea­son for sus­pend­ing its Phase IIb tri­al of a cell ther­a­py as a treat­ment for coro­nary mi­crovas­cu­lar dys­func­tion (CMD). The com­pa­ny plans to go ahead on an in­ter­im analy­sis be­fore de­cid­ing what to do with the pro­gram, which was built on a li­cens­ing deal with Shire in 2018.

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