On Air Now

Current Show

WSAU Feedback   8:00 AM - 9:00 AM

Call WSAU Feedback at 715-845-2155.

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
61° Feels Like: 61°
Wind: W 8 mph Past 24 hrs - Precip: 0.01”
Current Radar for Zip

Today

Isolated Thunderstorms 79°

Tonight

Mostly Clear 56°

Tomorrow

Scattered Thunderstorms 80°

Alerts

Breaking News

BREAKING NEWS / URGENT: The State Supreme Court upholds Act 10, Voter ID, and the state's domestic partnership registry

MADISON, Wis (WSAU)  - The Wisconsin State Supreme Court upheld Act 10, the state law that limits the collective bargaining rights of state employees. The law from three years ago sparked protests at the state capital and led to the recall attempt against Governor Scott Walker. The court's ruling in favor of Act 10 was 5-2. Justice Michael Gableman wrote the lead opinion, which was also signed by Justices David Prosser, Pat Roggensack and Annette Ziegler. Justice Patrick Crooks concurre...

Read More »

Aastrom Biosciences ends drug trial, to cut half its workforce

By Vrinda Manocha

(Reuters) - Aastrom Biosciences Inc said it would end the late-stage trial of its drug to treat critical limb ischemia (CLI), a form of peripheral arterial disease, and cut about half of its workforce, driving its shares to an all-time low.

The stock was down 34 percent at 75 cents in morning trade on the Nasdaq.

The company now plans to focus on developing the drug, ixmyelocel-T, as a treatment for a heart condition called dilated cardiomyopathy (DCM), in which the heart becomes weak and cannot pump blood efficiently.

"... The optimal use of our resources at this time is to focus .. where clinical development may require smaller studies with lower costs and a shorter path to regulatory approval," CEO Nick Colangelo said in a statement.

Aastrom, which had 77 employees as of December 31, said it had completed a review of the critical limb ischemia study and determined that it might not get a partner in time.

Maxim Group analyst Jason Kolbert said the enrollment process for the late-stage study was arduous, as choosing the right patient who could benefit from the treatment was difficult. The company had planned to enroll 594 patients in over 80 treatment centers for the CLI trial.

"Aastrom lacks the capital to run a late-stage trial without a partner right now and I guess they were unable to find one, so they're stepping back," Kolbert said.

"A well-designed mid-stage study makes a lot of sense versus gambling on a long and expensive late-stage study."

Aastrom said it plans to begin dosing patients enrolled in a mid-stage study for DCM within a few weeks.

Ixmyelocel-T is made using bone marrow extracted from patients. The number of beneficial cells in the marrow is increased in a laboratory setting, and then injected back into the patients.

(Reporting By Vrinda Manocha and Esha Dey in Bangalore; Editing by Sreejiraj Eluvangal)

Comments