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Osiris Therapeutics Announces 2 Million Dollars Milestone Payment For Clinical Progress Of A Stem Cell Therapy For Type 1 Diabetes

by @ 3:56 am on June 28, 2008.

Osiris Therapeutics, Inc. (NASDAQ:OSIR) announced that it has achieved $2 million in milestone payments from the Juvenile Diabetes Research Foundation (JDRF) for progress made on a Phase II clinical trial evaluating Prochymal, a mesenchymal stem cell (MSC) therapy, for patients recently diagnosed with type 1 diabetes. The payments were triggered when Osiris accomplished certain clinical […]

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