Advaxis shares hit an all-time high of $14.44 earlier after data from a phase 1/2 clinical study of its ADXS-HPV in 10 patients with HPV-associated locally advanced anal cancer showed that all patients who completed treatment in the study had a complete response with no evidence of recurrence to date.
ADXS was most recently higher 14% at $14.15. The 52-week low is at $2.46. Average daily volume is 1.5 million shares. Earlier in the trading session shares hit $14.44, setting an all new high.
The preliminary data also showed the treatment was well tolerated and all treatment-related toxicities were within 24 hours of dosing, the most frequent of which included chills/rigors, fever and nausea, the company said.
“Though preliminary, the data we have observed thus far are extremely encouraging,” said Kimberly Perez, assistant professor of medicine at the Alpert Medical School, Brown University. “ADXS-HPV has the potential to be an important advancement in the treatment of HPV-associated anal cancer, and we look forward to reporting the full safety and efficacy data set once all 25 patients have completed the dosing regimen.”