Roth Capital Upgrades Peregrine Pharmaceuticals (PPHM) to Buy

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Peregrine Pharmaceuticals (PPHM) Said Internal Review Show Discrepancies Isolated to Placebo

January 7, 2013 8:40 AM EST

Peregrine Pharmaceuticals, Inc.(NASDAQ: PPHM) provided an update from its internal review of discrepancies from its Phase II randomized, double-blind placebo-controlled trial of bavituximab in second-line non-small cell lung cancer (NSCLC) in 121 patients.

The review was prompted by the discovery of vial coding discrepancies while preparing for an end of Phase II meeting with the FDA. The... More