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Peregrine's partnership prospects, stock soar after bavituximab doubles overall survival in NSCLC

This article was originally published in Scrip

Executive Summary

Peregrine Pharmaceuticals' stock price soared 46.6% on 7 September after the company announced that bavituximab plus the chemotherapy standard docetaxel doubled median overall survival (OS) compared to docetaxel alone, according to the interim analysis of an ongoing Phase IIb clinical trial in refractory non-small cell lung cancer (NSCLC).

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