CEL-SCI Corporation Releases Letter to Shareholders
15 4월 2009 - 3:09AM
PR Newswire (US)
VIENNA, Va., April 14 /PRNewswire-FirstCall/ -- The following
letter is being released by CEL-SCI Corporation (NYSE AMEX: CVM) to
its shareholders: Dear Fellow Shareholders: A very important event
has just transpired for our company. Dendreon Corporation has
announced that its pivotal Phase III trial with advanced prostate
cancer met its primary endpoint of improving overall survival
compared to a placebo control. The full data from the 512 patient
study will be presented on April 28 at the American Urological
Association conference. The significance of Dendreon's success to
CEL-SCI is great. For years most investors have shunned the cancer
immunotherapy space because of the many failures of various
companies involved in the space. While we at CEL-SCI have always
tried to differentiate why our immunotherapy approach to treating
cancer should be successful where other immunotherapy approaches
have failed, the whole cancer immunotherapy space has been so
tainted that it was almost impossible to be heard. The successful
outcome of the Dendreon study gives the cancer immunotherapy field
the needed validation to attract new money to the space. The
success of Dendreon proves that it is possible to harness the human
immune system against a patient's own cancer. Geert Kersten, CEO of
CEL-SCI said, "We believe that the success of Dendreon validates
the cancer immunotherapy area as a promising alternative/adjunct to
existing cancer therapies and think that it could lead to enhanced
opportunities for CEL-SCI in both the investment and scientific
communities." About CEL-SCI's Phase III Cancer Drug Multikine: In
Phase II clinical trials Multikine was shown to be safe and
well-tolerated, and to improve the patients' overall survival by
33% at a median of three and a half years following surgery. The
U.S. Food and Drug Administration (FDA) has given the go-ahead for
a Phase III clinical trial with Multikine and granted orphan drug
status to Multikine in the neoadjuvant therapy of squamous cell
carcinoma (cancer) of the head and neck. Most recently CEL-SCI
completed construction of the manufacturing facility to produce
Multikine for the Phase III trial and subsequent sale following
approval. Multikine, a patented defined mixture of naturally
derived cytokines, is the first immunotherapeutic agent in a new
class of drugs called "Immune SIMULATORS". Immune SIMULATORS
simulate the way our natural immune system acts in defending us
against cancer. As opposed to other immunotherapies which are
designed to target a single or limited number of specific antigens
or molecules, Immune SIMULATORS are multi-targeted; they
simultaneously cause a direct and targeted killing of the specific
tumor cells and they activate the immune system to produce a
stronger anti-tumor attack on multiple fronts. Multikine is also
the first immunotherapeutic agent being developed as a first-line
standard of care treatment for cancer. It is administered prior to
any other cancer therapy because that is the period when the
anti-tumor immune response can still be fully activated. Once the
patient has advanced disease, or had surgery or has received
radiation and/or chemotherapy, the immune system is severely
weakened and is less able to mount an effective anti-tumor immune
response. Other immunotherapies are administered after the patient
has received chemotherapy and/or radiation therapy, which can limit
their effectiveness. The Company has operations in Vienna, Virginia
and Baltimore, Maryland. CEL-SCI's other products, which are
currently in pre-clinical stage, have shown protection against a
number of diseases in animal tests and are being tested against
diseases associated with bio-defense. Another product, called
CEL-2000, has shown excellent data against rheumatoid arthritis in
animal tests. Sincerely, Geert Kersten Chief Executive Officer When
used in this report, the words "intends," "believes," "anticipated"
and "expects" and similar expressions are intended to identify
forward-looking statements. Such statements are subject to risks
and uncertainties which could cause actual results to differ
materially from those projected. Factors that could cause or
contribute to such differences include, an inability to duplicate
the clinical results demonstrated in clinical studies, timely
development of any potential products that can be shown to be safe
and effective, receiving necessary regulatory approvals,
difficulties in manufacturing any of the Company's potential
products, inability to raise the necessary capital and the risk
factors set forth from time to time in CEL-SCI Corporation's SEC
filings, including but not limited to its report on Form 10- K/A
for the year ended September 30, 2008. The Company undertakes no
obligation to publicly release the result of any revision to these
forward-looking statements which may be made to reflect the events
or circumstances after the date hereof or to reflect the occurrence
of unanticipated events. DATASOURCE: CEL-SCI Corporation CONTACT:
Gavin de Windt, CEL-SCI Corporation, +1-703-506-9460 Web Site:
http://www.cel-sci.com/
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