Osiris Chief Executive C. Randal Mills joins the guys on the fast line.
Mills says his company has two additional products that are in phase 3 clinical trials and could hit the market as soon as next year. He expects the public will benefit from stem cell research in the near term.
Dylan Ratigan asks if politics have a large impact on his business?
Not from our standpoint, replies Mills. Osiris only works with adult stem cells. However it does add volatility to the whole industry.
Dylan asks the guys what they think of company.
Jeff Macke says from an investor perspective there are better places to put money, although he supports stem cell research as a social cause.
Tim Strazzini advises bio-tech investors to pay careful attention to clinical research.
Guy Adami adds it’s a very volatile sector. OSIR traded at $29 in January and $12 in March.
Eric Bolling explains the charts don’t look great but there’s so much volatility in the space, the charts might not apply.
Got something to say?! Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! Prefer to keep it between us. You can still send questions and comments to email@example.com.
On May 7, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Strazzini Owns (SNDK), (TIN); Bolling Owns (SZE), (DIS), (NMX), (VE), Gold, Silver, CNBC Is A Service Of NBC Universal And Dow Jones, Vivendi Owns 20% Of NBC Universal, The Parent Company Of CNBC