Why Is Neuro-Oncology-Focused MediciNova Stock Trading Higher Today?

The primary endpoints of this Phase 2 clinical trial were the safety and tolerability of MN-166 (ibudilast) and temozolomide (TMZ) combination treatment and efficacy of the combination treatment defined as progression-free survival rate at six months using the RANO criteria. 

MN-166 (ibudilast) and TMZ combination treatment was safe and well-tolerated, and no unexpected adverse effects were reported.

The highlights of the presentation are as follows:

The presentation also included data from preclinical studies that evaluated the combination of MN-166 (ibudilast) and anti-PD1 or anti-PD-L1 therapy in GBM models.

Price Action: MNOV shares are up 14.3% at $2.04 on the last check Monday.

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