The FDA refuses to lift a clinical hold on Cel-Sci’s PhIII drug
Penny stock biotech, Cel-Sci, remains in the FDA’s dog house.
Last fall, the biotech reported that the FDA had put their Phase III study for Multikine on partial hold. This morning, the company reported that the FDA had upgraded that to a full hold, and the biotech outlined some of the remaining issues that continued to keep the clamp on.
That shift from partial to full hold, the company notes, won’t make much difference because dosing has ended.
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