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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 (NYSE American: CVM) reported significant findings from its Phase 3 IT-MATTERS study at the ESMO Annual Congress on September 10, 2022. The investigational drug Multikine showed promising results in treating locally advanced primary head and neck cancer, with 5 patients achieving complete tumor response after 3 weeks of treatment, confirmed at surgery. Additionally, 40 patients exhibited partial tumor reductions exceeding 30%. The findings indicate that early responses to Multikine treatment are prognostic for overall survival, supporting the company's plans for a Biologics License Application to the FDA.

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CEL-SCI Corporation (NYSE American: CVM) presented two posters at the European Society for Medical Oncology Congress on September 10, 2022, highlighting results from its pivotal Phase 3 IT-MATTERS study. This study, focusing on neoadjuvant Leukocyte Interleukin Injection for squamous cell carcinoma of the head and neck, showed early tumor response indicating overall survival benefits. Outcomes included 45 documented neoadjuvant responses, with significant advantages seen in lower risk patients, and promising biomarker analyses supporting Multikine efficacy.

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CEL-SCI Corporation (NYSE American: CVM) reported significant results from its Phase 3 study of Multikine, an investigational cancer immunotherapy for head and neck cancer. The therapy demonstrated a notable reduction and elimination of tumors within three weeks for some patients. Furthermore, a nearly four-year median overall survival benefit was observed in the radiation-only group, with more than 80% of responders alive at the study's end. CEL-SCI plans to submit a major follow-up package to the FDA soon, addressing questions and comments received, highlighting the urgency for improved treatment options.

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CEL-SCI Corporation (CVM) announced results from its pivotal Phase 3 IT-MATTERS trial for Multikine, an investigational immunotherapy for advanced primary head and neck cancer. The study demonstrated a 14.1% absolute overall survival (OS) advantage at five years for patients deemed lower risk for recurrence, with a median OS of 101.7 months compared to 55.2 months for standard treatment. Multikine showed a significant objective response rate and reduced death rates among responders. The proposed indication could benefit around 210,000 patients annually.

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CEL-SCI Corporation (NYSE American: CVM) reported financial results for Q2 2022, with an operating loss of $8.7 million, improving from $10.5 million in Q2 2021. For the nine-month period, the loss was $27.1 million, down from $27.7 million year-over-year. Key clinical developments include two ASCO abstracts demonstrating Multikine's (Leukocyte Interleukin) significant survival benefit in head and neck cancer patients. The treatment showed a statistically significant tumor response before surgery, with a p-value of less than 0.00000000001. The company’s cGMP facility is undergoing validation, ensuring compliance with FDA and European regulations.

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CEL-SCI Corporation (NYSE American: CVM) announces CEO Geert Kersten will participate in a Reddit AMA at 12:30 PM ET today to discuss Multikine and recent ASCO 2022 publications.

Multikine, designed to enhance immune response in patients with advanced head and neck cancer, received FDA Orphan Drug designation for neoadjuvant therapy. The ongoing Phase 3 study, initiated in 2011, enrolled 928 patients and aims to demonstrate a survival benefit. Previous results showed positive outcomes for patients treated with Multikine plus standard therapies, although adding chemotherapy negated benefits.

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CEL-SCI Corporation (NYSE American: CVM) announced that CEO Geert Kersten will present at the LD Micro Invitational XII Conference on June 8, 2022, at 4:30 p.m. EDT in Westlake Village, CA. The conference runs from June 7-9, 2022. Interested parties can watch the presentation live at ldinv12.mysequire.com or on the CEL-SCI's Investor Relations website. CEL-SCI is advancing a Phase 3 cancer immunotherapy, Multikine, targeting advanced primary squamous cell carcinoma of the head and neck, with promising study results highlighting survival benefits.

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CEL-SCI Corporation (NYSE American: CVM) presented its poster on the IT-MATTERS study at the ASCO 2022 Annual Meeting in Chicago, discussing the immunotherapy Multikine®'s role in extending overall survival for low-risk locally advanced squamous cell carcinoma of the head and neck. The findings indicate a 14.1% overall survival advantage over standard care after five years, with significant safety results. CEL-SCI plans to submit a Biologic License Application to the FDA based on this Phase 3 study, which is considered the largest of its kind for this indication.

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CEL-SCI Corporation (NYSE American: CVM) announced the publication of two abstracts at the ASCO Annual Meeting, which will be presented by Dr. Eyal Talor. The abstracts focus on the pivotal Phase 3 Multikine clinical trial for head and neck cancer, highlighting a study that shows immunotherapy can extend overall survival in low-risk patients. The Phase 3 study, which began in 2011 and enrolled 928 patients, aims to prove survival benefits by monitoring death events.

Multikine, a unique investigational product, received Orphan Drug designation from the FDA for its neoadjuvant therapy approach.

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CEL-SCI Corporation (NYSE American: CVM) reported its financial results for the quarter ending March 31, 2022, revealing an operating loss of $9.6 million, up from $8.5 million in Q1 2021. The company highlighted two accepted abstracts for its Multikine® head and neck cancer trial, demonstrating a statistically significant survival benefit of 14.1% at five years. As of March 31, 2022, CEL-SCI had $34.3 million in cash. The company’s cGMP facility is undergoing validation to meet FDA and European regulations, with a regulatory filing for Multikine anticipated soon.

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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)
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United States of America
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