In another blow to MSCs developer, Pluristem terminates a failed lead program
A tough year for mesenchymal stem cell companies just got tougher.
Pluristem, the NASA-allied Israeli stem cell biotech, announced Monday that a data monitoring committee determined the Phase III trial for a lead program wouldn’t meet the primary endpoint. The company will abandon the effort, which had focused on preventing amputations in people with critical limb ischemia.
They blamed a low number of amputations in the placebo group, which they argued made it more difficult to prove that their stem cells were providing a benefit.
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