Advanced Cell Technology (OTC:ACTC) & Geron Corp. (NASDAQ:GERN) - A David & Goliath Comparison
Released on: May 09, 2011, 6:18 am
Author:
investorstemcell.com
Industry:
Financial, Biotech, Healthcare
Regenerative medicine is a highly complicated and vastly
misunderstood science. Investor Stem Cell is dedicated to bringing
investors and stakeholders together in thoughtful discussion to educate
and publicize the incredible advancements unfolding in the regenerative
medicine sector. A quantum leap in health care is upon the world. Will you profit from this emerging
sector & help bring cures to millions? Find out now what the street thinks at www.investorstemcell.com
Side by side comparison of Advanced Cell Technology & Geron Corporation:
Geron Corporation (NASDAQ:GERN), Approved by the FDA to use human embryonic stem
cell (hESC) treatments to treat spinal cord injuries. The research Goliath is a
well-funded machine employing the top minds in the world working on everything from
mid-stage oncology trials to promising (hESC) drugs for spinal cord injuries, heart
disease & cancer.
Snap shot of Goliath: Geron Corpoartion-(NASDAQ:GERN)-
• Seven oncology Phase 2 trials currently underway, and has several big Pharma joint
venture agreements in oncology animal and human trials
• Five hESC areas of investigation underway. GRNOPC1 is the lead candidate. Geron
destroys the human embryo through its (hESC) R&D, of which the company uses the
blastocyst embryo formation at day five after fertilization from IVF clinics
• Cash, restricted cash, cash equivalents and marketable securities: $221,274.000.00
• Total operating expenses in 2010: $114,730,000.00
• 175 employees; over 100 hold PhD or MD degrees
• Geron Corporation was founded in 1990 and is based in Menlo Park, California
• Trades on the NASDAQ providing liquidity & large institutional investors
• Corporate financial statements: http://www.geron.com/investors/reports/GeronAnnualReport2010.pdf
Advanced Cell Technology not too long ago was the predominant leader in the field of
regenerative medicine. It fell from that distinction in part due to executive
management hubris and ultimately the credit crisis in mid-2008. ACT was able to
resurrect itself from near bankruptcy in June 2008 and now has the distinction of
holding two out of the three FDA approved (hESC) trials. ACT is led by a competent
executive management team and employs several of the most predominant regenerative
researcher(s) in the world.
Snap shot of David: Advanced Cell Technology-(OTC:ACTC)-
• Retinal Pigment Epithelial Cell Program is their lead program-(HESC) trials for
both SMD/AMD are expected to start in week(s) Jules Stein Eye Institute at the
University of California, Los Angeles (UCLA ) will conduct the 2 (hESC) trials for
Stargardt’s Macular Dystrophy (SMD) and Dry Age-Related Macular Degeneration (AMD)
• Filed a European Clinical Trial Application for Phase 1/2 study using (hESC) to
treat macular degeneration
• Issued a broad patent for hESC-derived RPE cells in China
• Seeking funding & joint venture partner for Myoblast program for the treatment of
cardiovascular disease Phase 2 approved by the FDA
• Joint ventured with Korean medical giant CHA to form “Stem Cell & Regenerative
Medicine International” (SCRMI). This partnership expected to file an
investigational new drug application (IND) with the FDA in Q-4 of this year. CHA
biotech is waiting for final approval from the Korea Food and Drug Administration
for (hESC) trial for AMD
• Issued patent on its “single-blastomere” technique. Patent Number 7,893,315
broadly covers ACT’s proprietary single-blastomere technology that provides a
non-destructive alternative for deriving hESC lines. This “Embryo-Safe” one-cell
biopsy approach similar to pre-implantation genetic diagnosis (PGD), which is widely
used in the in vitro fertilization (IVF) process and does not interfere with the
embryo’s developmental potential
• 22 full-time employees, six hold PhD or MD degrees-Formed in 1994, HQ in Menlo
Park, California with laboratory facilities in Marlborough, MA
• Total operating expenses in 2010: $22,044,701
• Cash, restricted cash, cash equivalents and marketable securities: $34,889,409
• Trades on the OTC:BB ACTC is a Sarbanes–Oxley Act SEC reporter
• Corporate financial statements: http://www.sec.gov/Archives/edgar/data/1140098/000101376211000631/form10k.htm
If you are looking for maximum possible ROI in the short term and can tolerate
high risk, then maybe Advanced Cell Technology (OTC:ACTC) is for you? If ACT is
validated by the FDA, the (RPE) MA-09 “embryo-safe” cell lines would open up an
annual $25,000,000,000.00 market treating (AMD). Yes that is (b) with an (illion)
annual market share! No FDA approved treatment exist for (AMD) in the world.
This disease effects 30 million in the USA & EU alone. Cell lines have potential
to treat 200 retinal eye diseases. ACT has been approved for U.S. Orphan Drug
status protection for (SMD). This status by the FDA provides ACT seven years of
market protection. ACT is expecting EU-Orphan Drug status for (SMD) and if awarded
would receive 10-years of market protection. The recent patent protection for
ACT’s RPE cells in China firmly establish potential world dominance of the (AMD)
market. What is the down side? One glaring red flag is that ACT has two years of
operating capital and enough cash to fund both the SMD/AMD Phase-1/2 trials in the
U.S. If ACT’s AMD/SMD trials are not validated, ACT would most likely be forced
to institute a massive reverse split due to the O/S nearing its A/S.
ACT has placed all of its eggs in one pipeline basket, choosing the low hanging
fruit model. ACT is counting on the exceptional Casey Eye Clinic animal results.
Dr. Raymond Lund Ph.D., considered one of the world’s foremost experts in retinal
cell physiology and vision restoration. Dr. Lund recently said the following: “The
study results of ACT’s RPE cells implanted in the various animal models of macular
degeneration was phenomenal. If ACT observes even a fraction of that benefit in
humans, it will be nothing short of a home run."
Disclosure: www.investorstemcell.com is the world’s only online discussion forum
dedicated bringing investors & stakeholders together in thoughtful discussion about
stem cell & regenerative medicine. www.investorstemcell.com nor any of its
Companies have been compensated by “any” party for this article. Before making an
investment decision an investor should perform due diligences. Once completed find
out what the street thinks at www.investorstemcell.com
Contact Details: www.investorstemcell.com
icell@investorstemcell.com
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