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Has GNBT on watch?

Below is an excerpt from a lenghty new release on 9-13. GNBT also reported to spin off Antigen Express to holders of record as a dividend in stock shares, but have not done so yet.

WORCESTER, Mass. and TORONTO, Sept. 13, 2012 /PRNewswire/ -- Generex Biotechnology Corporation (GNBT) (www.generex.com), announced today presentation of early results from an efficacy study of an immunotherapeutic in triple negative breast cancer patients. The immunotherapeutic is being developed by Antigen Express, Inc. (www.antigenexpress.com), a wholly owned subsidiary of Generex. The results will be presented on Friday, September 14, 2012 at the 2012 Breast Cancer Symposium organized by the American Society of Clinical Oncology (ASCO) being held in San Francisco September 13 - 15.

http://pipelinereview.blogspot.com/

Thursday, September 13, 2012

Generex's AE37 Vaccine Press Release Appears Off Target

The latest example of the reporting of interim efficacy results for AE37 in a company press release that are actually lower than the lead researcher's findings came a few hours ago. Here's a quick look. The following sentence is from Generex's press release dated today, where they provide details of a study abstract that will be presented at the ASCO Breast Cancer Symposium this Friday:

While the study showed an overall reduction of 42% in the risk of relapse in all patients of the study who received the vaccine, the reduction in the risk of relapse was 66% in patients with low expression of the HER2 oncoprotein who were classified as having triple negative breast cancer.
Putting 2009 aside, if we just went with the recent information provided by Generex's press releases, we would assess that the study is going well, with a risk reduction of relapse for all subjects staying relatively even, improving from 41% to 42%, as additional subjects are enrolled into the study. From the abstracts, we can see that the risk reduction was factored at a higher 43% in June, and has since improved to 49%.

What's the difference between a 42% risk reduction in relapse vs. 49%? The difference is an extra few early stage breast cancer patients who are participants in this remarkable study that will continue to lead healthy lives, all because Generex and Antigen Express have done an extraordinary job in creating a revolutionary cancer vaccine, even if they struggle with media relations. Generex and Antigen Express may trip on a pebble, such as writing a press release, yet they appear ready to move what was thought to be the toughest of all mountains, CURING CANCER!