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Celldex Therapeutics, Inc. (NASDAQ:CLDX) slid 5% to $4.39 on very unusual volume after it reported improved results from a Phase II clinical trial of rindopepimut, a vaccine that targets the most common type of brain tumors.
The immunotherapy company's data showed 66% of patients were progression-free eight and a half months from diagnosis or five and a half months from the start of vaccination.
Celldex Therapeutics, Inc. (Celldex) is a biopharmaceutical company, which applies its Precision Targeted Immunotherapy Platform to generate a pipeline of candidates to treat cancer and other difficult-to-treat diseases.
Cyberonics, Inc. (NASDAQ:CYBX) soared 9.25% to $29.71 and made a new 52-week high of $30.26 after the company said it earned $24.94 million or $0.88 a share on revenue of $47.46 million in its fiscal quarter, compared to year ago profit of $50.14 million or $1.73 per share on revenue of $40.72 millio $40.72 million.
Analysts' were expecting the company to report 25 cents a share on revenue of $46.13 million.
Cyberonics, Inc. (Cyberonics) is a neuromodulation company engaged in the design, development, sales and marketing of implantable medical devices that provide a therapy, vagus nerve stimulation therapy (VNS Therapy), for the treatment of refractory epilepsy and treatment-resistant depression.
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