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Thursday, June 27, 2019

Advaxis bails on late-stage study of AXAL in cervical cancer

Citing a sharpened focus on neoantigen-directed immunotherapies, Advaxis (ADXS -4.4%announces that it will terminate its Phase 3 AIM2CERV trial evaluating axalimogene filolisbac (AXAL) in patients with high-risk locally advanced cervical cancer, adding that it will continue to support its clinical development in other HPV-related cancers.
The company also cited the cost ($80M – 90M) and time (at least three years for initial efficacy data) required to complete the study.

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