Celsion (CLSN) Tops Q2 EPS by 2c
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Maxim Group Reiterates Buy on Celsion (CLSN) Following 2Q Report
August 15, 2016 3:50 PM EDTMaxim Group reiterated a Buy rating and $4.00 price target on Celsion Corp (NASDAQ: CLSN) following the company's 2Q earnings report.
Analyst Jason McCarthy commented, "Celsion reported 2Q16 with a net loss of $4.5M or $(0.19) per share. The company ended the period with... More
Celsion (CLSN) Offers Updated ThermoDox HEAT Study Data; Notes Robust OS Results
August 15, 2016 8:10 AM EDTCelsion Corporation (Nasdaq: CLSN) announced updated results from its final retrospective analysis of the Company's 701-patient HEAT Study of ThermoDox®, Celsion's proprietary heat-activated liposomal encapsulation of doxorubicin in combination with radiofrequency ablation (RFA) in primary liver cancer, also known as hepatocellular carcinoma (HCC). The overall survival (OS) analysis demonstrated that in a large, well bounded, subgroup of patients (n= 285, 41% of the HEAT Study patients), treatment with a combination of ThermoDox® and optimized RFA provided an average 54% risk improvement in OS compared to optimized RFA alone. The Hazard Ratio (HR) at this analysis is 0.65 (95% CI 0.45... More
