CARLSBAD, Calif., Aug. 14, 2017 (GLOBE NEWSWIRE) -- International Stem Cell Corporation (OTCQB:ISCO) (www.internationalstemcell.com) (“ISCO” or “the Company”), a California-based clinical stage biotechnology company developing novel stem cell-based therapies and biomedical products, today provided a business update and announced operating results for the three and six months ended June 30, 2017.
“Over the period ended, we have substantially improved our business indicators, including a significant decrease in our cash burn,” said Andrey Semechkin, PhD, Co-Chairman and CEO of ISCO. “Additionally, we are successfully continuing with phase I Parkinson’s disease clinical trial. Based on our success in the current clinical trial, we are working towards commencing phase II of the traumatic brain injury, for which a more detailed update will be released shortly.”
