Jefferies Cuts Price Target on Immunomedics (IMMU) as Clivatuzumab Program is Discontinued

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After-Hours Stock Movers 03/14: (CPXX) (SZYM) (ESI) Higher; (IMMU) (MNKD) (NVIV) Lower (more...)

March 14, 2016 6:09 PM EDT

Celator Pharmaceuticals, Inc. (Nasdaq: CPXX) 373% HIGHER; announced positive results from the Phase 3 trial of VYXEOS (cytarabine: daunorubicin) Liposome for Injection (also known as CPX-351) in patients with high-risk (secondary) acute myeloid leukemia (AML) compared to the standard of care regimen of cytarabine and daunorubicin known as 7+3. The trial met its primary endpoint demonstrating a statistically significant improvement in overall survival.

Solazyme, Inc. (Nasdaq: SZYM) 29.5% HIGHER; has signed a definitive multi-year global supply agreement with Unilever.... More

Immunomedics (IMMU) to Terminate Phase 3 PANCRIT-1 w/ 90Y in Metastatic Pancreatic Cancer

March 14, 2016 4:31 PM EDT

Immunomedics, Inc., (Nasdaq: IMMU) announced that the Company is terminating the Phase 3 PANCRIT-1 trial with yttrium-90-labeled (90Y) clivatuzumab tetraxetan in patients... More