Indian tycoon mulls investment in stem cell co Brainstorm
19/01/2010
Sources inform that Indian tycoon Sastry Karra is in advanced negotiations to invest several million dollars in Brainstorm Cell Therapeutics Ltd. (Bulletin Board:BCLI.OB). Karra is the chief executive and major shareholder in Hardy Oil and Gas plc (LSE: HDY.L).
Brainstorm is in the relatively early stages of developing a treatment for neurodegenerative diseases based on stem cells.
