Russ Cohen

CEL-SCI Experiences 40% Surge on Multikine Study Analysis Outcome CEL-SCI Experiences 40% Surge on Multikine Study Analysis Outcome

Stethoscope lying on Cancer headlines

RapidEye

  • After analyzing the Phase 3 data of the drug Multikine in the treatment of head and neck cancer, CEL-SCI’s stock on NYSE surged by 40% in morning trading on Friday.
  • The company revealed that Multikine managed to reduce the five-year risk of death by 50% as per the results of the study.
  • “The bias analysis demonstrated that the survival benefit truly stems from Multikine rather than any imbalance in the patient cohorts,” stated Geert Kersten, the CEO of CEL-SCI. “We are excited to unveil the preliminary outcomes as we gear up to present the data to regulatory bodies before our forthcoming confirmatory registration study.”


See also  Tuesday's ETF with Unusual Volume: AOK