NorthWest Biotherapeutics Inc (NWBO)

[TC_Trader]

http://www.nwbio.com/nw-bio-announces-initiation-of-trading-on-the-otcqb-marketplace-starting-on-monday-morning-december-19-2016/

NW Bio Announces Initiation Of Trading On The OTCQB Marketplace Starting On Monday Morning, December 19, 2016
BETHESDA, Md., December 19, 2016 – Northwest Biotherapeutics (Nasdaq: NWBO) (“NW Bio” or the “Company”), a biotechnology company developing DCVax® personalized immune therapies for solid tumor cancers, today announced that its common stock will begin trading on the OTC Market Group’s OTCQB marketplace effective at the open of the market on Monday, December 19, 2016. The Trading symbol will remain NWBO.

"As of this morning, the Company’s common stock is no longer traded on Nasdaq. The Company has filed a Form 25 with the Securities and Exchange Commission this morning relating to its voluntary withdrawal from Nasdaq. The Company’s application to trade on the OTCQB Venture Market (the “OTCQB”) has been approved by OTCQB, and the Company’s common stock will be traded on the OTCQB starting this morning.

As previously announced, the Company is seeking to move forward with multiple clinical programs, involving both DCVax-L and DCVax-Direct. The Company is pursuing completion of the current Phase III trial of DCVax-L for Glioblastoma multiforme brain cancer as well as pursuing Phase II combination trials of DCVax-L and checkpoint inhibitor drugs, including the Phase II trial of DCVax-L and Pembrolizumab (Keytruda) for colon cancer that was previously announced. The Company is also pursuing multiple Phase II trials with DCVax-Direct for inoperable tumors, building upon the encouraging ongoing data from the Phase I trial, which included patients with 13 different types of cancers. The Company looks forward to pursuing these programs while on the OTCQB."