Buy One get One Free with International Stem Cell Corporation (ISCO)
The recent initiation report on International Stem Cell Corporation (OTCQB: ISCO) by Edison Investment Research looks at the company from a novel perspective. Although described as ‘an early-stage cell therapy company currently in Phase I/IIa clinical trials to treat Parkinson’s disease (PD)’, the company is much more. It has two wholly-owned subsidiaries that are currently generating revenue. “These commercial businesses,” reads Edison’s report, “provide a floor under ISCO’s current valuation, creating an essentially free option” on ISCO’s biotech business devoted to the treatment of Parkinson’s disease. In other words, the analysts at Edison are saying that prospective investors can pay…