Osiris contracted for stem-cell radiation therapy

Published January 15, 2008 5:00am ET



The Department of Defense is betting $224 million that Columbia-based Osiris Therapeutics? patented stem cells can reduce gastrointestinal damage caused by exposure to a radiological weapon.

The contract will help Osiris develop and stockpile its adult stem cell therapy, Prochymal, to reduce damage from radiation exposure from so-called dirty bombs or other weapons.

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