Celldex Therapeutics, Inc.(NASDAQ:CLDX) Reports Results


Dallas, Texas 02/19/2014 (FINANCIALSTRENDS) – Celldex Therapeutics, Inc.(NASDAQ:CLDX) is the MA based biopharmaceutical company which  builds therapies for such diseases as those which do not have a cure yet. Major products for this company are in the category of cancer drugs. The company specializes in building drugs which are immunotherapy technologies which are very popular to treat cancer.

Celldex Therapeutics, Inc.(NASDAQ:CLDX) drug candidates are the CDX-110 as well as the CDX-1127.

CDX-110, is the immunotherapeutic vaccine is expected to stop the growth of the specific molecule which causes the tumor to grow. The concern here is the epidermal growth where are the receptor variant III. CDX27 is also called the co-stimulatory molecule with respect to T cells, when the condition develops when the lymphomas as well as the leukaemias are overly expressed.

Celldex Therapeutics, Inc.(NASDAQ:CLDX) also has the CDX-1401 which is especially popular for its APC Targeting technology programs. Moreover, the CDX-301, is also the immune cell mobilizing agent. The high cell growth factor along with dendritic growth, followed by CDX-1135 which works as a molecule to inhibit the immune system are also called as the complement systems. The company has been working on the CDX-301 and the Mozobil combination. The results of the preclinical study have revealed that the agents have shown a related rise in the stem cell mobilization for mice as well as the future clinical development of CDX-301, besides demonstrating a novelty feature.

The concept is to do with mobilization of the regimen.

Celldex Therapeutics, Inc.(NASDAQ:CLDX) had in the month of December offered a discount on its public offerin, showing a sharp lowering in the region of $24.50, close to 6.4% discount over regular price. The net proceeds during the month was $162.725 million.

For Celldex Therapeutics, Inc.(NASDAQ:CLDX), the downward slide was first noticed following the interim data report for its candidate ReACT. The results were to ‘demonstrate clinical activity’ in the brain cancer patients.

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