Roth Capital Remains Positive on Peregrine Pharma (PPHM) Following Bavituximab Presentation

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Peregrine Pharma (PPHM) Updates on Bavituximab Pilot Stude in Adenocarcinoma of the Lung

April 20, 2015 9:40 AM EDT

Peregrine Pharma (NASDAQ: PPHM) announced the presentation of data from clinical translational studies of the company's phosphatidylserine (PS)-targeting immunotherapy bavituximab. Initial data from a pilot study of clinical translational ex vivo cultures show that bavituximab, both alone and with docetaxel, elicits evidence of a tumor-specific immune response in patients with human adenocarcinoma of the lung and that bavituximab exhibits an impact on tumors with negative PD-L1 expression. These data were presented yesterday, Sunday, April 19th, in a poster presentation at the 106th Annual Meeting of the American Association for Cancer Research (AACR) being held... More