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Caladrius CEO Predicts Tenfold Market Cap Rise As Pipeline ‘Validates’ Itself

 
• By Sten Stovall

The CEO of US-based Caladrius Biosciences believes its share price will rise at least tenfold over the next three years as the cell therapy specialist’s pipeline advances to commercialization.

Blood
Caladrius Biosciences develops treatments for ischemic cardiovascular disease • Source: Shutterstock

With its first product on track for approval soon in Japan, Caladrius Biosciences Inc. is planning its transition over the next three years from a late-stage developer of cell therapies to one commercializing treatments for ischemic diseases. The evolution should see the US group’s share price rise steadily as its pipeline "validates itself", CEO David Mazzo told Scrip.

Caladrius Biosciences has product candidates in development based on two technology platforms, one targeting autoimmune and one targeting cardiology indications.

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