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Cel-Sci Corporation - CVM STOCK NEWS

Welcome to our dedicated page for Cel-Sci Corporation news (Ticker: CVM), a resource for investors and traders seeking the latest updates and insights on Cel-Sci Corporation stock.

Cel-Sci Corporation (symbol: CVM) is at the forefront of biotechnology, dedicated to advancing immunotherapy solutions for cancer and infectious diseases. Established in 1983 and headquartered in Vienna, Virginia, Cel-Sci is committed to harnessing the power of the human immune system to combat a variety of health challenges.

The company's leading investigational immunotherapy, Multikine (Leukocyte Interleukin, Injection), is currently in Phase III clinical trials for the treatment of head and neck cancer. This breakthrough therapy aims to improve survival rates by leveraging the body's natural defenses.

In addition to Multikine, Cel-Sci is pioneering the Ligand Epitope Antigen Presentation System (LEAPS), a pre-clinical patented T-cell modulation process designed to stimulate the immune system to fight bacterial, viral, and parasitic infections, and conditions such as autoimmune diseases, allergies, transplantation rejections, and cancer. Their innovative pipeline includes LEAPS-H1N1-DC, as well as product candidates CEL-2000 and CEL-4000 for the treatment of rheumatoid arthritis. The company is also developing LEAPS COV-19 to address the COVID-19 pandemic, in collaboration with the University of Georgia's Center for Vaccines and Immunology.

Cel-Sci's core capabilities extend to drug discovery, research, development, and the manufacturing of complex biological substances. The company's multifaceted approach not only targets cancer but also seeks to provide solutions for a wide range of infectious and autoimmune diseases. By focusing on these areas, Cel-Sci aims to deliver groundbreaking treatments that can significantly improve patient outcomes and quality of life.

Recent achievements and ongoing projects underscore Cel-Sci's commitment to innovation and excellence in the biotechnology field. The company's robust pipeline and strategic collaborations position it as a significant player in the quest for effective immunotherapies, offering hope to millions affected by cancer and other debilitating conditions.

Stay updated with the latest news and developments from Cel-Sci Corporation to track their progress and breakthroughs in cancer and immunotherapy research.

Rhea-AI Summary
CEL-SCI Corporation has finalized the selection criteria for the head and neck cancer target population to be treated with its immunotherapy drug Multikine. The target population consists of patients with low PD-L1 expression. The data from the Phase 3 trial showed a 28% 5-year absolute survival advantage for Multikine-treated patients compared to the control group. CEL-SCI plans to seek immediate approval for commercial distribution without waiting for completion of a confirmatory study in this target population.
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CEL-SCI achieves significant milestones towards commissioning of manufacturing facility for Biologics License Application
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CEL-SCI requests approval for Multikine immunotherapy for head and neck cancer treatment in the UK
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CEL-SCI files request for Scientific Advice with the European Medicines Agency regarding Multikine immunotherapy for head and neck cancer treatment in Europe.
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CEL-SCI Corporation (NYSE American: CVM) reported financial results for the quarter ended June 30, 2023, along with key clinical and corporate developments. Health Canada advised CEL-SCI to request advance consideration for approval under a Notice of Compliance with Conditions (NOCC) policy, potentially leading to commercialization in 2024. Europe is a priority market for CEL-SCI, seeking conditional marketing authorization for Multikine. The FDA acknowledged the need for improved treatments for head and neck cancer, showing potential for close collaboration with CEL-SCI.
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CEL-SCI Corporation closes public offering, raising $5 million for cancer immunotherapy development
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CEL-SCI Corporation has announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock at a price of $2.00 per share, resulting in gross proceeds of $5,000,000. The offering is expected to close on July 20, 2023, and the net proceeds will be used for the development of Multikine* and general corporate purposes.
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CEL-SCI Corporation plans to sell shares of its common stock in an underwritten public offering. The offering is subject to market conditions and the company intends to use the proceeds for the development of Multikine* and general corporate purposes.
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CEL-SCI announces productive meeting with FDA regarding path forward for Multikine immunotherapy for head and neck cancer treatment. FDA acknowledges need for improved treatments. CEL-SCI preparing additional information for next meeting with FDA. Scientific advice meetings planned with EMA and MHRA in fall 2023. Health Canada advises CEL-SCI to request advance consideration for approval. Geert Kersten, CEO of CEL-SCI, highlights positive results of Multikine treatment.
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CEL-SCI Corporation announced new data from a biomarker analysis of its Phase 3 study, showing that Multikine significantly increases overall survival in patients with low levels of tumor cell PD-L1 expression. The data suggests that Multikine can be effective in extending life in patients who are generally not well served by checkpoint inhibitors. CEL-SCI has filed a patent for the use of Multikine in tumor expressing low levels of PD-L1.
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FAQ

What is the current stock price of Cel-Sci Corporation (CVM)?

The current stock price of Cel-Sci Corporation (CVM) is $0.7299 as of December 20, 2024.

What is the market cap of Cel-Sci Corporation (CVM)?

The market cap of Cel-Sci Corporation (CVM) is approximately 45.3M.

What is Cel-Sci Corporation's main focus?

Cel-Sci Corporation focuses on the research and development of immunotherapy for treating cancer and infectious diseases.

What is Multikine?

Multikine is Cel-Sci's lead investigational immunotherapy, currently in Phase III clinical trials for head and neck cancer.

What is the LEAPS technology?

LEAPS is a patented T-cell modulation process that stimulates the immune system to fight various infections and diseases, including cancer.

What other products is Cel-Sci developing?

Cel-Sci is also developing LEAPS-H1N1-DC, CEL-2000, CEL-4000 for rheumatoid arthritis, and LEAPS COV-19 for COVID-19.

Where is Cel-Sci Corporation headquartered?

Cel-Sci Corporation is headquartered in Vienna, Virginia.

When was Cel-Sci Corporation founded?

Cel-Sci Corporation was founded in 1983.

With whom does Cel-Sci collaborate for LEAPS COV-19?

Cel-Sci collaborates with the University of Georgia's Center for Vaccines and Immunology for LEAPS COV-19.

What areas does Cel-Sci's research cover?

Cel-Sci's research covers cancer, autoimmune diseases, allergies, transplantation rejections, bacterial, viral, and parasitic infections.

What are CEL-2000 and CEL-4000?

CEL-2000 and CEL-4000 are Cel-Sci's product candidates for the treatment of rheumatoid arthritis.

What distinguishes Cel-Sci in the biotechnology sector?

Cel-Sci's unique approach involves leveraging the immune system to devise treatments for cancer and other serious diseases, supported by its robust pipeline and strategic collaborations.

Cel-Sci Corporation

NYSE:CVM

CVM Rankings

CVM Stock Data

45.30M
62.00M
2.92%
9.99%
7.72%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States of America
VIENNA