Las Vegas, NV -- (SBWIRE) -- 11/20/2012 -- Amarantus Biosciences Inc. (OTC: AMBS) has made a big move in recent weeks from a start point of well under a penny to recent highs of $0.09 Currently trading at just over a nickel AMNS is on every speculators watch list.
Much of the recent increase in volume and price per share is due to the Cmpanany's Mesencephalic-Astrocyte-derived Neurotrophic Factor (MANF”). MANF is a protein that corrects protein misfolding. Protein misfolding is one of the major causes of apoptosis (cell death). This property provides a compelling rationale for the research and development of MANF-based products as therapeutics for human disease. Our lead MANF product development effort is centered on a therapy for Parkinson’s disease.
In a massive endorsement Amgen Co-Founder Joseph Rubinfeld, PhD joined the AMBS Corporate Advisory Board. “I believe in MANF,” said Dr. Rubinfeld, “I have reviewed a great number of technologies in my 45 year career in the biopharmaceutical field, and I believe that MANF could be one of the biggest successes that I have ever seen”
AMARANTUS BIOSCI INC(OTC:AMBS)recently announced that the Opposition Division of the European Patent Office upheld Amarantus Bioscience's European Patent relating to neurotrophic factor MANF, following opposition by rival Hermo Pharma OY of Finland.
For more information on Amarantus Biosciences Inc. please visit here: AMBS
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