Why Aethlon Medical Stock Skyrocketing? - Aethlon Medical (NASDAQ:AEMD)

Aethlon Medical Inc AEMD stock surged probably in reaction to Zacks Article 'AEMD: First Ever In Vivo Removal Of COVID Virus From Bloodstream Of An Infected Patient.'
The company recently announced the positive results from using its Hemopurifier in treating two critically ill COVID-19 patients, which is available under the FDA emergency use authorization (EUA).
The first patient was administered the Hemopurifier treatment daily, with adequate tolerance of the procedure and no signs of an allergic reaction, thrombotic complications, or hemolysis.
After the treatment, no demonstrable COVID-19 viremia, the active circulation of the virus in the bloodstream, was observed in the patient.
The treatment improved COVID-19 associated coagulopathy (CAC), lung injury, inflammation, and tissue injury.
Consequently, the company believes that the treatment can potentially remove exosomes with noxious microRNA cargo, resulting in patient recovery.
The second patient with coronary artery disease and diabetes, among other disorders, also had acute kidney injury, demonstrated in vivo removal of SARS-CoV-2 virus from the bloodstream of an infected patient.
The patient completed a six-hour Hemopurifier treatment without complications.
Price Action: AEMD shares are up 470.1% at $12.60 during the premarket session on the last check Wednesday.