Penny Stock to Buy #1 – Aastrom Biosciences (ASTM)
Development-stage Aastrom Biosciences (NASDAQ: ASTM) is a regenerative medicine company focused on the development of cell therapies to repair or regenerate damaged or diseased tissues. The company’s autologous expanded cellular therapy technology uses single-pass perfusion to produce human cell products for clinical use.
In the past 12 months, shares of ASTM have jumped 79%, compared to a 19% gain for the Nasdaq. More recently, this biotech penny stock has gained 19% in the past three months.