February 13, 2013 at 16:17 PM EST
Peregrine's Bavituximab Results Similar To Placebo
Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) reported positive results from a Phase II clinical trial of bavituximab for treating patients with Stage IV pancreatic cancer but TheStreet said that the results were the same as a placebo sending the stock price downy 42 cents to close at $1.69.
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