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Stock impact report

Anixa expands cancer vaccine collaboration with Cleveland Clinic [Yahoo! Finance]

Anixa Biosciences, Inc. (ANIX) 
Last anixa biosciences, inc. earnings: 3/9 05:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Cleveland Clinic is undertaking a Phase I clinical trial for triple-negative breast cancer, the most lethal form of the disease. A vaccine for ovarian cancer, currently in pre-clinical stages, is also being developed by Cleveland in partnership with the National Cancer Institute. The vaccines aim to immunise against "retired" proteins expressed in specific cancer forms. The goal is to destroy emerging cancer cells and prevent the formation of tumours. Developed at Cleveland, the vaccines have been licensed to Anixa Biosciences. Cleveland Clinic will receive royalties and other commercialisation revenues. The new joint development agreement research will be led by Cleveland Clinic's department of inflammation and immunity chair, Thaddeus Stappenbeck. Justin Johnson, a co-inventor of the breast and ovarian cancer vaccines, will also be involved in the research. Anixa chairman and CEO Dr Amit Kumar stated: “Cleveland Clinic is a valued partner to Anixa in the development o Show less Read more
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