Advaxis and MedImmune Partner on Immuno-Oncology Combination Clinical Trial

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Aegis Capital Affirms Advaxis (ADXS) at 'Buy'; MedImmune Agreement Could Open Doors to More Licensing

July 22, 2014 11:12 AM EDT

Aegis Capital affirms Advaxis, Inc. (Nasdaq: ADXS) at Buy with a target price of $15 following news that the company entered into a clinical trial collaboration with MedImmune, the global biologics research and development arm of AstraZeneca (NYSE: AZN).

Analyst Ram Selvaraju said, In our view, the partnership with... More