CEL-SCI Corporation Issues Letter To Shareholders
Portfolio Pulse from Benzinga Newsdesk
CEL-SCI Corporation (NYSE:CVM) issued a shareholder letter detailing progress on Multikine, a pre-surgical cancer therapy for head and neck cancer. The therapy showed significant survival benefits in a specific patient population, leading to regulatory filings for marketing clearance. CEL-SCI completed its manufacturing facility commissioning and is in discussions with major regulatory bodies including the FDA, EMA, MHRA, and Health Canada. The company plans to seek immediate patient access to Multikine through conditional approvals.

March 06, 2024 | 1:47 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CEL-SCI Corporation announced significant advancements in the development and regulatory process of Multikine, a cancer therapy, including successful manufacturing facility commissioning and positive discussions with regulatory bodies.
The positive clinical trial results and the successful commissioning of the manufacturing facility, combined with ongoing discussions with major regulatory bodies, suggest a strong potential for regulatory approval and commercial success. This could significantly impact CVM's stock price in the short term as investors may react positively to these developments.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100