Major Overhang for ImmunoCellular (IMUC) Removed with CIRM Grant - Roth Capital

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ImmunoCellular Therapeutics (IMUC) Announces $19.9M Award from CIRM to Fund ICT-107 Phase 3 in Glioblastoma

September 24, 2015 1:54 PM EDT

ImmunoCellular Therapeutics, Ltd. ("ImmunoCellular") (NYSE MKT: IMUC) today announced that the governing Board of the California Institute for Regenerative Medicine (CIRM), California's stem cell agency, has awarded the Company $19.9 million to support the ICT-107 phase 3 registration trial in patients with newly diagnosed glioblastoma. The $19.9 million was granted under the CIRM 2.0 program, a comprehensive collaborative initiative designed to accelerate the development of stem cell-based treatments for people with unmet medical needs. ICT-107... More