Lineage Cell Therapeutics Provides Shareholder Update
Lineage Cell Therapeutics, Inc. (LCTX)
Company Research
Source: Business Wire
CARLSBAD, Calif.--(BUSINESS WIRE)--Lineage Cell Therapeutics, Inc. (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing novel cellular therapies for unmet medical needs, today provided a year-end review and an outline of clinical and business plans for 2020.To Our Shareholders,As we conclude 2019, we want to provide clarity on what our shareholders can expect from Lineage next year. Our objective for 2019 was to establish a foundation from which we could become a leading cell therapy company. Our greater goal is to usher in a new branch of medicine, based on transplanting intact cells into the body to restore activity lost to aging, injury, or disease, which we believe is the best path to long-term success. This year-long campaign required us to make major changes in three areas. One, we expanded our product portfolio by combining three complementary clinical-stage assets under one roof. Two, we sold or stopped non-core activities, which significantly
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