Celsion (CLSN) Misses Q1 EPS by 2c

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Celsion Corporation Reports First Quarter 2015 Financial Results and Provides Business Update

May 12, 2015 8:00 AM EDT

LAWRENCEVILLE, N.J., May 12, 2015 /PRNewswire/ -- Celsion Corporation (NASDAQ: CLSN), an oncology drug development company, today announced financial results for the quarter ended March 31, 2015 and provided an update on its development programs, including ThermoDox®, its proprietary heat-activated liposomal encapsulation of doxorubicin, and GEN-1, an IL-12 DNA-based immunotherapy encased in a synthetic nanoparticle delivery system, which is currently under development for the localized treatment of ovarian and brain cancers. 

"Over the past quarter, we have reported meaningful progress with both ThermoDox® and GEN-1," said Michael H. Tardugno, Celsion's chairman, president and CEO. ... More