Advaxis Kick Starts Early-Stage Study For Prostate Cancer Immunotherapy

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Advaxis Inc ADXS has initiated a Phase 1 study evaluating ADXS-504 in patients with recurrent prostate cancer.
The study, being conducted at Columbia University Irving Medical Center, is the first clinical evaluation of ADXS-504, Advaxis' off-the-shelf neoantigen immunotherapy drug candidate for early prostate cancer.
The Phase 1 open-label dose-escalation study will evaluate the safety and tolerability of two dose levels of ADXS-504 monotherapy.
The study will also evaluate preliminary clinical and immune responses following treatment with ADXS-504 monotherapy.
Recently, the Company has announced a reverse merger agreement with privately-held Biosight Ltd.
Price Action: ADXS shares are up 3.7% at $0.45 during the premarket session on the last check Thursday.