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Athersys to Announce First Quarter Financial Results on May 6

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Athersys, Inc. (NASDAQ: ATHX) will release its Q1 2022 financial results on May 6, 2022, at 8:00 a.m. EDT. This announcement coincides with the upcoming topline data from its partner, HEALIOS K.K., regarding the Phase 2/3 TREASURE study, which evaluates MultiStem® (invimestrocel, HLCM051) for ischemic stroke treatment. Following this data release, Athersys will hold an investor conference call to discuss the results and future implications for its clinical trials.

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  • Anticipation for topline data from the Phase 2/3 TREASURE study, which could enhance investor confidence.
  • Potential for MultiStem® as a breakthrough therapy in ischemic stroke treatment.
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  • None.

Quarterly Conference Call to be Held Following Announcement of Phase 2/3 TREASURE Data in May

CLEVELAND, Ohio--(BUSINESS WIRE)-- Athersys, Inc. (Nasdaq: ATHX) today announced that it will release its first quarter 2022 financial results on Friday, May 6, 2022, at 8:00 a.m. EDT. In anticipation of the announcement of topline data from Athersys’ partner, HEALIOS K.K., for its Phase 2/3 TREASURE study evaluating MultiStem® (invimestrocel, HLCM051) for the treatment of ischemic stroke in May, Athersys will host its next investor conference call after the data are released. Athersys will share the call details in its own news release reporting the data.

About Athersys

Athersys is a biotechnology company engaged in the discovery and development of therapeutic product candidates designed to extend and enhance the quality of human life. The Company is developing its MultiStem® cell therapy product, a patented, adult-derived "off-the-shelf" stem cell product, initially for disease indications in the neurological, inflammatory and immune, cardiovascular, and other critical care indications and has several ongoing clinical trials evaluating this potential regenerative medicine product. Athersys has forged strategic partnerships and a broad network of collaborations to further advance MultiStem cell therapy toward commercialization. Investors and others should note that we may post information about the Company on our website at www.athersys.com and/or on our accounts on Twitter, Facebook, LinkedIn or other social media platforms. It is possible that the postings could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in the Company to review the information we post on our website at www.athersys.com and on our social media accounts. Follow Athersys on Twitter at www.twitter.com/athersys. Information that we may post about the Company on our website and/or on our accounts on Twitter, Facebook, LinkedIn or other social media platforms may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. You should not place undue reliance on forward-looking statements contained on our website and/or on our accounts on Twitter, Facebook, LinkedIn or other social media platforms, and we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

Ivor Macleod

Chief Financial Officer

Tel: (216) 431-9900

ir@athersys.com



Karen Hunady

Director of Corporate Communications and Investor Relations

Tel: (216) 431-9900

khunady@athersys.com

David Schull

Russo Partners, LLC

Tel: (212) 845-4271 or (858) 717-2310

David.schull@russopartnersllc.com

Peter Vozzo

ICR Westwicke

Tel: (443) 213-0505

peter.vozzo@westwicke.com

Source: Athersys, Inc.

FAQ

When will Athersys release its Q1 2022 financial results?

Athersys will release its Q1 2022 financial results on May 6, 2022, at 8:00 a.m. EDT.

What is the TREASURE study related to Athersys?

The TREASURE study is a Phase 2/3 clinical trial evaluating MultiStem® (invimestrocel, HLCM051) for the treatment of ischemic stroke.

What will happen after the TREASURE study data is released?

Athersys will host an investor conference call to discuss the TREASURE study's topline data after its release.

What is MultiStem?

MultiStem® is Athersys' patented adult-derived stem cell therapy product intended for various critical care applications.

Athersys, Inc.

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