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CLSN

Celsion

$0.65

-0.098 (-13.07%)

08:09
12/01/16
12/01
08:09
12/01/16
08:09

Celsion announces 'positive' DSMB review of Phase 1b OVATION study

Celsion announced that the independent Data Safety Monitoring Board, or DSMB, has completed its safety review of data from the first four patient cohorts in the ongoing Phase 1b OVATION Study. Based on the DSMB's recommendation, the study will continue as planned and the company will proceed with completing dosing in the fourth and final patient cohort, which is currently enrolling patients. The OVATION Study is a dose-escalating clinical trial combining GEN-1, the company's DNA-based immunotherapy, with the standard of care for the treatment of newly-diagnosed patients with advanced ovarian cancer who will undergo neoadjuvant chemotherapy followed by interval debulking surgery.

CLSN Celsion
$0.65

-0.098 (-13.07%)

07/12/16
HCWC
07/12/16
INITIATION
Target $3
HCWC
Buy
Celsion assumed with a Buy at H.C. Wainwright
H.C. Wainwright analyst Swayampakula Ramakanth assumed coverage of Celsion with a Buy rating and $3 price target.
11/11/16
MAXM
11/11/16
DOWNGRADE
MAXM
Hold
Celsion downgraded to Hold from Buy at Maxim
Maxim analyst Jason McCarthy downgraded Celsion to Hold from Buy given the uncertainty of the Biotechnology market and the company's financing challenges. Celsion is down to just over a quarter's worth of cash remaining on its balance sheet, McCarthy noted.

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Morgan Stanley

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