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Home » ocata therpeutics

3 Bullet Thursday – Astellas Acquires Ocata, CDI Partners with Roche, and iPSC Trial for Parkinson’s Delayed

November 12, 2015 By Cade Hildreth (CEO) Leave a Comment

3 Bullet Thursday - Astellas Acquires Ocata, CDI Partners with Roche, and iPSC for Parkinson's Delayed

Stay alert to the latest and greatest on stem cells.  Enjoy this week’s “3 Bullet Thursday,” a weekly post that we do to update you on interesting and important events within the world of stem cells. 

1. In major news this week, Astellas Pharma announced it is acquiring Ocata Therapeutics for $379M. Astellas, a major drug company in Japan, will pay $8.50 a share, a 79% premium over the stock price last Friday. Ocata, which changed its name from Advanced Cell Technology last November, specializes in using pluripotent stem cells, such as embryonic stem cells (ESCs) and induced pluripotent stem cells (iPSCs), to treat diseases of the eye. [Read more…]

Filed Under: Adipose SCs, Cord Blood, HSCs, iPS Cells, MSCs, Neural Stem Cells, Stem Cells Tagged With: 3 bullet thursday, Cellular Dynamics International, market news, mergers, ocata therpeutics, partnerships, roche

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