Brainstorm Cell Therapeutics (BCLI) Stock Hits One-Year High Today
By Dr. Matthew Watson
NEW YORK ( TheStreet) -- Shares of Brainstorm Cell Therapeutics (BCLI) surged more than 75% to a 52-week high of $8.47 on Fridayahead of the biotech company's data release on Monday.
Brainstorm intends to release the final results from its Phase 2a trial of its stem cell therapy NurOwn. The company describes NurOwn as an "autologous, adult stem cell therapy technology" designed to treat ALS, also known as Lou Gehrig's Disease.
The company will host a conference call on Monday to discuss the results.
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Brainstorm Cell Therapeutics (BCLI) Stock Hits One-Year High Today