Cleveland BioLabs - First line of (bio)defence
Jan 15th 2013 - Edison Investment Research today published a report on Cleveland BioLabs entitled "First Line Of (bio)defence". In summary, the report says:
Cleveland BioLabs’ biodefence franchise is fundamental to its near-term investment case and 2013 should see significant progress in the development of Entolimod (CBLB502) as the first available treatment for acute radiation syndrome (ARS). A potential development funding contract from BARDA in H113 is a major stock catalyst and financing event. Pivotal studies in animals and humans are planned for 2013 and a BLA submission is targeted for Q414. Entolimod, a TLR5 agonist, also holds potential as an anti-cancer agent, with a Phase I study to complete in Q413.
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