Vericel Jumps On Positive Heart Failure Data

Vericel more than doubled its stock price on March 10 after results from a mid-stage heart failure study showed its regenerative medicine helped improve seriously ill patients.

The Cambridge, Mass.-based biotech said results of the Phase IIb ixCELL-DCM study of ixmyelocel-T in patients with advanced heart failure due to ischemic dilated cardiomyopathy (DCM) showed fewer deaths and...

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