re: Ann: Prima Raises $20 million in Share Pu... A summary of CVac's long and linear progression towards FDA approval.
There is now light at the end of the tunnel.
Commencement of CVac Phase I trial - July 2001
Tumour-specific responses in CVac Phase I - May 2002
Two CVac patients have enjoyed two years of progression free survival - Jul 2003
Phase IIa trial of CVac commences - Jul 2004
Favourable Phase IIa results for CVac - Mar 2007
Change of board and management - Nov 2007
Dendreon Phase III data - Apr 2009
Springtree convertible note funding - Jul 2009
FDA clears CVAc Phase IIb trial - Aug 2009
CVac Phase IIb trial commenced - Jul 2010
Springtree facility closed out - Jan 2011
And the latest:
Dubai Hospital City Centre enters agreement to treat patients with CVac - May 2011
SPP oversubscribed and sufficient funds for Phase III testing - June 2011
And nine reasons to own Prima Biomed:
1.PRR's CVac technology performed well in Phase IIa
2. Ovarian cancer is a large market of unmet medical need.
3. CVac can be used for other cancer indications.
4. There is now a clear pathway to Phase III and regulatory approval.
5. The nearness of commercial revenues from CVac warrants a higher market cap for PRR.
6. Dendreon has helped pioneer the regulatory pathway for CVac.
7. PRR is a well-managed company.
8. There is potential for PRR to realise value from non-core assets.
9. Our new target price is 75 cents per share.
http://www.primabiomed.com.au/investor/analyst_reports_pdf/Prima20110519.pdf
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