Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why Osiris Shares More Than Doubled

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Osiris Therapeutics (NASDAQ: OSIR  ) soared a staggering 125% today after its Grafix stem-cell treatment for chronic diabetic foot ulcers proved overwhelmingly effective.

So what: In the study, 62% of patients receiving Grafix had achieved complete wound closure compared with only 21% of patients who received conventional treatment, triggering plenty of optimism on Wall Street for a boost in sales through increased insurer reimbursement. In fact, Osiris noted that foot ulcers afflict 25% of all diabetics and are responsible for more hospitalizations than any other diabetic complication, suggesting that the sales-growth potential is massive.

Now what: The blinded phase of the trial will be discontinued, and all patients randomized to the control group will be offered Grafix immediately. "We know now that an unfortunate consequence of diabetes is the pathological change that occurs with the number and functionality of certain stem cell populations necessary for optimal wound repair," said Chief Scientific Officer Michelle LeRoux Williams, Ph.D. "With Grafix, we are able to help correct this problem by providing patients with a rich source of healthy, non-controversial stem cells contained within a biologic matrix for easy delivery in the out-patient setting." Of course, with the stock now up a whopping 270% from its 52-week lows, and trading at a price-to-sales multiple of 23, Fools will need plenty of biotech smarts to figure out just how much of that bullishness is already baked into the valuation.

The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2593145, ~/Articles/ArticleHandler.aspx, 9/28/2016 11:53:49 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,202.07 -26.23 -0.14%
S&P 500 2,154.64 -5.29 -0.24%
NASD 5,288.91 -16.80 -0.32%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 11:22 AM
OSIR $4.69 Down -0.03 -0.64%
Osiris Therapeutic… CAPS Rating: *