Peregrine Pharmaceuticals (PPHM) Price Target Nearly Doubled

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Peregrine Pharma (PPHM) Reports Statistically Significant Data from Bavituximab Phase IIb

September 7, 2012 12:53 PM EDT

Peregrine Pharmaceuticals, Inc. (NASDAQ: PPHM), today announced that interim results were presented from its 121 patient randomized, double-blind, placebo-controlled Phase IIb trial in patients with refractory non-small cell lung cancer (NSCLC).

The blinded study evaluated two dose levels of bavituximab (bavituximab-containing arms) given with docetaxel versus docetaxel... More