DALLAS, Oct. 20, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring CEL-SCI Corp. (AMEX:CVM). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on CEL-SCI Corp. (AMEX:CVM) should be of particular interest to other biopharmaceutical companies: Gilead Sciences Inc. (Nasdaq:GILD), Genzyme Corp. (Nasdaq:GENZ) and Life Technologies Corp. (Nasdaq:LIFE).
It is available at: http://www.investorsoup.com/lp/CVM
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CEL-SCI Corp. (CVM) is engaged in the development of a product called Multikine for the treatment of cancer. It simulates the activities of a healthy person's immune system, which battles cancer every day. Multikine is multi-targeted; it is the cancer immunotherapy that kills cancer cells in a targeted fashion and activates the general immune system to destroy the cancer. Multikine is a type of immunotherapy in that it is a comprehensive immunotherapy, incorporating both active and passive immune activity. The Company also develops CEL-1000, which is derived from a pre-clinical technology called Ligand Epitope Antigen Presentation System for protection for animals against avian flu, herpes, malaria and more.
In the report, the analyst notes:
"The Company has two partners who have agreed to participate in and pay for part of the phase III clinical trial for Multikine. However in light of the current capital market environment, the Company believes it is prudent not to start the phase III clinical trial until it has firm commitments in the form of partnerships and/or money raised for a substantial amount of cash to support the phase III clinical trial. Additionally, the Company obtained new financing of $5,845,241 in June of 2009, net of financing costs of $339,329. The Company is currently working toward a transaction that will finance its phase III clinical trial of Multikine.
"CVM is currently moving forward as fast as is possible with its proposed dendritic H1N1 treatment for hospitalized H1N1 patients, while proceeding with due caution and taking all necessary steps to meet regulatory requirements."
To read the entire report visit: http://www.investorsoup.com/lp/CVM
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