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ubmmg

Re: None

Tuesday, 12/18/2018 8:38:55 AM

Tuesday, December 18, 2018 8:38:55 AM

Post# of 108192
Meanwhile:
Advaxis downgraded to Neutral from Buy at H.C. Wainwright H.C. Wainwright analyst Swayampakula Ramakanth downgraded Advaxis (ADXS) to Neutral without a price target. Amgen's (AMGN) termination of a development and collaboration agreement puts ADXS-NEO in limbo, Ramakanth tells investors in a research note. The analyst believes Amgen's withdrawal has "considerably increased" the development risk on ADXS-NEO and potentially ADXS-HOT as well. He steps to the sidelines "until the viability of the programs can be assured."

Read more at:
https://thefly.com/landingPageNews.php?id=2838455
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