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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.

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CEL-SCI Corporation presented the latest results from its Phase 3 study of Multikine at the ESTRO 2023 Congress. The study showed improved 5-year survival, progression-free survival, and local regional control in Multikine-treated subjects compared to control subjects. The tumor and tumor microenvironment changes induced by Multikine explain the positive outcomes seen. CEL-SCI plans to file for regulatory approval in the U.S., Canada, and Europe.
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CEL-SCI Corporation (NYSE American: CVM) has successfully conducted a pre-submission meeting with Health Canada to discuss regulatory pathways for its investigational immunotherapy, Multikine. The company aims to secure marketing approval in Canada and other countries while preparing its Biologics License Application for the U.S. FDA. Health Canada advised CEL-SCI on pursuing a Notice of Compliance with Conditions policy, enabling earlier access for patients with serious conditions. Results from the Phase 3 IT-MATTERS study show Multikine's significant potential in improving survival rates for head and neck cancer patients.

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CEL-SCI Corporation (CVM) recently presented pivotal Phase 3 study data at the 10th European Congress on Head & Neck Oncology. The study focused on its investigational therapy, Multikine, for newly diagnosed locally advanced squamous cell carcinoma of the head and neck. Key findings show that Multikine added to standard care significantly improves overall survival rates: 65.3% for treated patients versus 49.7% for controls after five years. The company plans to submit a Biologics License Application to the FDA for regulatory approval based on results involving 352 patients. The study highlights the potential of Multikine in enhancing treatment outcomes for this patient population.

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CEL-SCI Corporation (NYSE American: CVM) announced that it will present new data from its pivotal Phase 3 study on March 8, 2023, at the 10th European Congress on Head & Neck Oncology in Lisbon, Portugal. The study, the largest ever for newly diagnosed locally advanced squamous cell carcinoma of the head and neck, involved 928 patients and aimed to assess the investigational product Multikine before standard treatments. Multikine, which received Orphan Drug designation from the FDA, seeks to harness the immune system's potential before conventional therapies. A summary of the findings will be published after the presentation.

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CEL-SCI Corporation (AMEX: CVM) announced its financial results for the quarter ending December 31, 2022. Key highlights include successful clinical outcomes for Multikine, with five patients achieving complete cancer clearance and 40 demonstrating significant tumor reduction. The company prepares to submit a Biologic License Application (BLA) to the FDA, as its Phase 3 study shows a median overall survival improvement of 46.5 months for Multikine patients. Financially, CEL-SCI reported a net operating loss of $7.7 million and $18 million in cash reserves.

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CEL-SCI Corporation (NYSE American: CVM) reported fiscal year 2022 results, focusing on the submission of a Biologics License Application for its product, Multikine, targeting advanced primary head and neck cancer. The Phase 3 trial showed significant survival benefits, with a median overall survival improvement of 46.5 months. Financially, the company had a net operating loss of $36.1 million. As of September 30, 2022, CEL-SCI was holding $22.7 million in cash. Despite challenges, the company aims to expedite its regulatory submission and leverage positive trial outcomes.

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CEL-SCI Corporation (NYSE American: CVM) announced significant progress regarding its investigational drug Multikine for treating locally advanced primary squamous cell carcinoma of the head and neck. The Phase 3 trial showed a median overall survival improvement of 46.5 months, with 62.7% of patients alive after five years. Multikine is positioned as a neoadjuvant therapy, unlike competitors’ treatments, which are for recurrent tumors. Despite challenges due to limited resources compared to larger firms, the company remains committed to advancing Multikine’s approval for patient benefit.

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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