Beverly Hills 12/29/2009 1:56:21 AM
News / Business

Vical Inc's Melanoma Drug Receives Positive Safety Review

Finance World News Update by EQUITIES Magazine

Today Vical Inc. announced that a safety review board recommended that the drug developer continue a late-stage clinical trial of Allovectin-7, a cancer drug candidate.

 

Vical is testing Allovectin-7 as a treatment for melanoma that has metastasized, adding that it expects to finish enrolling patients in the trail in the next few weeks. In total, the study will include 375 patients.

 

Shares of Vical (Nasdaq: VICL) were up 92 cents, or 33.45 percent, to $3.67.

 

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