CEL-SCI Issues Letter To Shareholders
Portfolio Pulse from Benzinga Newsdesk
CEL-SCI Corporation (NYSE:CVM) has released a letter to shareholders detailing the efficacy of Multikine in treating head and neck cancer patients and the company's plan to seek immediate regulatory approval. The company presented new data at the European Society for Medical Oncology conference showing Multikine's superior efficacy. The company plans to seek approval for immediate patient access to Multikine without waiting on the results of a new trial wherever possible.
October 30, 2023 | 1:21 pm
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POSITIVE IMPACT
CEL-SCI Corporation's plan to seek immediate regulatory approval for Multikine could potentially boost the company's stock in the short term. The new data presented at the European Society for Medical Oncology conference showing Multikine's superior efficacy is a positive development for the company.
The news of CEL-SCI Corporation seeking immediate regulatory approval for Multikine is a positive development for the company. This could potentially lead to increased demand for the company's stock as investors may see this as a sign of the company's confidence in the product and its potential for revenue generation. The new data showing Multikine's superior efficacy further strengthens this view.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100