UPDATE: Celsion shares surge 74% on news of positive trial of ovarian cancer treatment [MarketWatch]
Celsion Corporation (CLSN)
Last celsion corporation earnings: 11/14 04:05 pm
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US:NASDAQ Investor Relations:
investor.celsion.com/investor-relations
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Source: MarketWatch
UPDATE: Celsion shares surge 74% on news of positive trial of ovarian cancer treatment Shares of Celsion Corp. CLSN, +56.39% surged 73.7% in extremely heavy morning trade Monday, after the cancer drug developer said an early-stage trial of a treatment of ovarian cancer showed promising findings. The phase 1b clinical trial evaluated Gen-1, the company's DNA-based immunotherapy, with the standard care for patients with advanced ovarian cancer who will undergo chemotherapy followed by surgery. Of the 14 patients treated in the study, two demonstrated a complete response, ten a partial response, and two remained stable. "This translates to a 100% disease control rate ("DCR") and an 86% objective response rate ("ORR")," said the company. Celsion shares rose 44.4% over the last three months to $4.58, while the S&P 500 SPX, -0.11% has gained 2.3%.
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