<SEC-DOCUMENT>0001299933-14-001043.txt : 20140708
<SEC-HEADER>0001299933-14-001043.hdr.sgml : 20140708
<ACCEPTANCE-DATETIME>20140708163206
ACCESSION NUMBER:		0001299933-14-001043
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20140707
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20140708
DATE AS OF CHANGE:		20140708

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			STEMCELLS INC
		CENTRAL INDEX KEY:			0000883975
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				943078125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19871
		FILM NUMBER:		14965713

	BUSINESS ADDRESS:	
		STREET 1:		3155 PORTER DRIVE
		STREET 2:		.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304
		BUSINESS PHONE:		6504753100

	MAIL ADDRESS:	
		STREET 1:		3155 PORTER DRIVE
		STREET 2:		.
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94304

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CYTOTHERAPEUTICS INC/DE
		DATE OF NAME CHANGE:	19930328
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<TITLE> StemCells, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	July 7, 2014
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	StemCells, Inc.
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	(Exact name of registrant as specified in its charter)
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	Delaware
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	000-19871
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	94-3078125
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_____________________<BR>
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	Identification No.)
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	7707 Gateway Blvd, Suite 140, Newark, California
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	94560
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	510.456.4000
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	Not Applicable
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	Former name or former address, if changed since last report
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Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
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[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On July 7, 2014, the Board of Directors (the "Board") of StemCells, Inc. (the "Company"), acting by unanimous written consent, elected Alan O. Trounson to the Board, effective July 7, 2014.  Dr. Trounson will serve on the Board as a Class II Director until the Company's 2017 annual stockholder meeting and until his successor is duly elected and qualified.  There was no arrangement or understanding between the Company and Dr. Trounson pursuant to which he was selected as a director of the Company.  Dr. Trounson will receive cash and equity compensation for his service as a non-employee director as described under "Director Compensation" in the Company's definitive proxy statement as filed with the Securities and Exchange Commission on April 30, 2014.
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	Item 8.01 Other Events.
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On July 7, 2014 the Company announced the appointment of Alan O. Trounson to its Board.  The full text of the press release is attached as Exhibit 99.1.
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	SIGNATURES
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	Pursuant to the requirements of the Securities Exchange Act of 1934, the
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	StemCells, Inc.
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	July 8, 2014
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	By:
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	/s/ Kenneth B. Stratton
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	Name: Kenneth B. Stratton
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	Title: General Counsel
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	Exhibit&nbsp;Index
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	99.1
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Press release dated July 7, 2014
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<P align="center" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>StemCells, Inc. Appoints Dr.&nbsp;Alan Trounson to Board of Directors</B></FONT>



<P align="left" style="font-size: 12pt"><FONT style="font-size: 10pt"><B>NEWARK, CA, July&nbsp;7, 2014 </B>(GLOBE NEWSWIRE) &#151; StemCells, Inc. (Nasdaq: STEM) announced today the
appointment of Alan Trounson, Ph.D. to its Board of Directors. Dr.&nbsp;Trounson most recently served as
President of The California Institute of Regenerative Medicine (CIRM), the largest scientific
funding body for stem cell research in the world.
</FONT>

<P align="left" style="font-size: 10pt">&#147;We are thrilled to welcome Dr.&nbsp;Trounson to our Board,&#148; said Martin McGlynn, president and CEO of
StemCells, Inc. &#147;His diverse background includes groundbreaking academic research in both in-vitro
fertilization and stem cell science, and experience as a founder of a number of successful
businesses, including the Australian Stem Cell Center. Dr.&nbsp;Trounson has also held several
Australian government appointments, including director of the Australian Special Research Council,
and has served as a member of the Prime Minister&#146;s Science, Engineering and Innovation council
working group. This unique combination of leadership experiences make him a very valuable addition
to our board at this transformational time for our Company.&#148;


<P align="left" style="font-size: 10pt">&#147;I am excited to join StemCells, Inc. at this juncture in its clinical development program,&#148; said
Dr.&nbsp;Alan Trounson. &#147;StemCells, Inc. has pioneered the discovery and development of human neural
stem cells as therapeutic agents and recent interim results from both the dry age-related macular
degeneration and spinal cord injury studies strongly support the Company&#146;s plans to initiate Phase
II proof-of-concept studies later this year. These promising clinical results also provide evidence
of the potential of their HuCNS-SC<sup>&#174;</sup> cellular platform to address disorders of the
central nervous system that have defied historical therapeutic approaches. I look forward to
helping the company achieve the incredible potential that exists in their research and product
pipeline.&#148;


<P align="left" style="font-size: 10pt">Dr.&nbsp;Trounson has been the recipient of over 30 awards and distinctions for his scientific work,
including pioneering work in the fields of in-vitro fertilization and stem cells. As part of his
academic research, Dr.&nbsp;Trounson pioneered a new stem cell biology approach for the treatment of a
broad range of diseases and injuries, which was awarded the first ever Australian Center of
Excellence in Biotechnology grant worth $110&nbsp;million dollars. Dr.&nbsp;Trounson&#146;s previous academic
positions include Scientific Director of Monash IVF Pty Ltd., Personal Chair in Stem Cell Science
and Director of the Monash Immunology and Stem Cell Laboratories, Deputy Director/Director of the
Monash Institute of Reproduction and Development, Director of the Centre of Early Human
Development, Facility of Medicine, and Personal Chair of Obstetrics and Gynaecology-Pediatrics at
Monash University in Melbourne, Australia. He has founded a number of companies including
Infertility Medical Center Pty Ltd./Monash IVF Pty Ltd., IVF Australia Corp/IntegraMed Corp (US),
Sydney IVF Pty Ltd./Genea Pty Ltd., Maccine Pte Ltd and the Australian Stem Cell Center Ltd. He
established two foundations, the Low Cost IVF Foundation for the treatment of infertile women in
Africa and for the treatment of patients with HIV, to avoid vertical transmission to children and
the Friends of Low Cost IVF (US). He is returning to Melbourne to continue to support international
biotechnology in regenerative medicine.


<P align="left" style="font-size: 10pt"><B>About StemCells, Inc.</B>


<P align="left" style="font-size: 10pt">StemCells, Inc. is engaged in the research, development, and commercialization of cell-based
therapeutics and tools for use in stem cell-based research and drug discovery. The Company&#146;s lead
therapeutic product candidate, HuCNS-SC&#174; cells (purified human neural stem cells), is currently in
development as a potential treatment for a broad range of central nervous system disorders.&nbsp;In a
Phase&nbsp;I clinical trial in Pelizaeus-Merzbacher disease (PMD), a fatal myelination disorder in
children, the Company has shown preliminary evidence of progressive and durable donor-derived
myelination in all four patients transplanted with HuCNS-SC cells.&nbsp;The Company conducted a Phase
I/II clinical trial in chronic spinal cord injury in Switzerland, Canada and the United States, and
has reported positive interim data for the first nine patients.&nbsp;The Company is also conducting a
Phase I/II clinical trial in dry age-related macular degeneration (AMD)&nbsp;in the United States. In
addition, the Company is pursuing preclinical studies in Alzheimer&#146;s disease, with support from the
California Institute for Regenerative Medicine (CIRM).&nbsp;&nbsp;StemCells also markets stem cell research
products, including media and reagents, under the SC Proven&#174; brand.&nbsp;Further information about
StemCells is available at <U>http://www.stemcellsinc.com</U>.


<P align="left" style="font-size: 10pt"><FONT style="font-size: 11pt"><I>Apart from statements of historical fact, the text of this press release constitutes
forward-looking statements within the meaning of the U.S. securities laws, and is subject to the
safe harbors created therein. These statements include, but are not limited to, statements
regarding whether the improvements in sensory function seen in the Company&#146;s Phase I/II clinical
study of spinal cord injury will persist and whether they will prove to be clinically meaningful;
the prospect for initiating a Phase II clinical study in cervical spinal cord injury; the prospect
for evaluating trial patients for changes in their sensation, motor function and bowel/bladder
function; the potential of the Company&#146;s HuCNS-SC cells to treat spinal cord injury and other
central nervous system disorders; and the future business operations of the Company, including its
ability to conduct clinical trials as well as its other research and product development efforts.
These forward-looking statements speak only as of the date of this news release. The Company does
not undertake to update any of these forward-looking statements to reflect events or circumstances
that occur after the date hereof. Such statements reflect management&#146;s current views and are based
on certain assumptions that may or may not ultimately prove valid. The Company&#146;s actual results may
vary materially from those contemplated in such forward-looking statements due to risks and
uncertainties to which the Company is subject, including the fact that additional trials will be
required to demonstrate the safety and efficacy of the Company&#146;s HuCNS-SC cells for the treatment
of any disease or disorder; uncertainty as to whether the FDA or other applicable regulatory
agencies will permit the Company to continue clinical testing in spinal cord injury or in future
clinical trials of proposed therapies for other diseases or conditions; uncertainties regarding the
Company&#146;s ability to recruit the patients required to conduct its clinical trials or to obtain
meaningful results; uncertainties regarding the Company&#146;s ability to manufacture viable cells
sufficient to enroll the patients planned for the Company&#146;s Phase II studies; uncertainties
regarding the Company&#146;s ability to obtain the increased capital resources needed to continue its
current and planned research and development operations; uncertainty as to whether HuCNS-SC cells
and any products that may be generated in the future in the Company&#146;s cell-based programs will
prove safe and clinically effective and not cause tumors or other adverse side effects; and other
factors that are described under the heading &#147;Risk Factors&#148; in the Company&#146;s Annual Report on Form
10-K for the year ended December&nbsp;31, 2013, and in its subsequent reports on </I><I>Form 10-Q</I><I> and </I><I>Form 8-K</I><I>.</I>
</FONT>

<P align="left" style="font-size: 11pt"><FONT style="font-size: 10pt"><B>CONTACT: </B>Greg Schiffman
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 5%">StemCells, Inc.


<P align="left" style="font-size: 10pt; text-indent: 5%">Chief Financial Officer


<P align="left" style="font-size: 10pt; text-indent: 5%">(510)&nbsp;456-4128


<P align="left" style="font-size: 10pt; text-indent: 5%">Andrea Flynn


<P align="left" style="font-size: 10pt; text-indent: 5%">Russo Partners


<P align="left" style="font-size: 10pt; text-indent: 5%">(646)&nbsp;942-5631



<P align="center" style="font-size: 10pt; display: none">




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