CEL-SCI: "Multikine has blockbuster potential"
In a letter to shareholders, USA-based firm CEL-SCI said that 2007 saw it complete its transformation into a late-stage biotechnology company. The Virginia-headquartered firm went on to say that, in its candidate drug Multikine (interleukins), which is due to enter Phase III clinical development later this year for cancer of the head and neck, it has a product with genuine blockbuster potential.
CEL-SCI also said that its healthy capitalization status, coupled with the projected capacity of its currently under-construction production facility in Baltimore, Maryland, will enable considerable growth in the coming years.
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