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Heat Biologics' shares rose 77% as the biopharmaceutical company reported positive interim data from the Phase 2 study for the treatment of lung cancer.In the Phase 2 study, Heat's (HTBX) HS-110 was used in combination with Bristol Myers Squibbs Opdivo (nivolumab) being tested as a therapy to treat patients with advanced non-small cell lung cancer (NSCLC) HS-110 is Heat's off-the-shelf cell-based therapy tailored to activate a patient's immune system and induce a robust response against tumor cells Jeff Wolf, CEO of Heat Biologics, said the results of the phase- 2 Studies Show that HS-110's Broad Potential for Providing Multiple Treatment Options for NSCLC Patients "We are currently reviewing possible Phase 3 pathways for registration of HS-110 in combination with a checkpoint inhibitor and we intend to discuss these plans with the FDA as well as potential partners, "added Wolf. The results of the Phase 2 study showed a one-year survival rate of 617% for patients given HS-110 in combination with Opdivo from Bristol Myers Squibb (BMY) These patients had an advanced stage NSCLC, but not given a checkpoint inhibitor A checkpoint inhibitor is a drug that blocks proteins on the surface of cells of the Imm Unsystems How Prevents T cells from Attaching to Proteins on the Surface of a Tumor Cell Heat has a number of candidates in its product pipeline, including a COVID-19 vaccine on Jan In 19, the company announced the initiation of the manufacturing process for its ZVX-60 vaccine. Maxim Group analyst Jason McCarthy cut its target price from $ 35 to $ 22 last month, but repeated a buy rating on the stock. McCarthy said: " The possibility for Heat's gp96-based vaccine approach is still intact At 19 On January 1st, the company took a step closer to the clinic with the start of manufacturing its COVID-19 vaccine cell line, ZVX-60 on 4 analysts recommending a buy Average analyst price target of USD 2625 implies an upside potential of 214% over current levels Related News: Cubic Inks $ 28B buyout deal with Veritas Capital, Evergreen; Shares up 10% Palantir Partners with IBM to Deliver AI-Driven Business Solutions. Coherent Receives Rival Tender Offer from MKS worth 6 billion USD; Stock Jump 136% Newer Articles from Smarter Analyst: Coty Tanks 14% As Quarterly Sales Won't Impress; Street Says Hold DoorDash To Grab Robotics Startup Chowbotics Coherent Receives $ 6B Rival Buyout Offer From MKS; Stock Jump 136% Pre-Market on Tuesday: Here's what you need to know before the market opens
Heat Biologics' stake more than doubled after the biopharma announced progress in a study with a candidate for the treatment of lung cancer
Heat Biologics Inc (NASDAQ: HTBX) moves up in the pre-market after preliminary data from the Phase 2 study was encouraged to evaluate HS-110 in combination with
Shares in Heat Biologics Inc undefined more than doubled in very active trading on Tuesday after the biopharmaceutical company focused on modulating the
Heat Biologics (HTBX) shares more than doubled in premarket trading after the company announced positive interim data from its Phase 2 study of HS-110 in combination with

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