Thursday, March 10, 2016

Vericel Corp. (VCEL) Is Soaring On Phase 2 Study Results

Vericel Corp. (VCEL) announced Thursday morning that its Phase 2b trial of ixmyelocel-T met its primary endpoint. The treatment for patients with advanced heart failure due to ischemic dilated cardiomyopathy demonstrated a reduction in the total number of deaths, cardiovascular hospitalizations or unplanned outpatient and emergency department visits.

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