Saturday, July 21, 2012

Celldex Sets It Straight at ASCO

After Celldex’s (CLDX) flubbed pre-ASCO abstract release led investors to question interim Phase II trial data for its cancer vaccine CDX-110 (PF-04948568) (also with the generic name Rindopepimut), they made sure to get things straight at ASCO. As a reminder, the abstract stated 70% of patients on drug were alive and progression free at 5.5 months. This stood in sharp contrast to previously presented data of ~95% alive and progression free at 6 months. Celldex tried to assure investors the numbers were equivalent, but questions remained.

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