Seeking Alpha

Northwest enters manufacturing deals; shares jump

  • Northwest Biotherapeutics (NWBO) enters into agreements with long-time contract manufacturer Cognate Bioservices for the large-scale expansion of the manufacturing, storage, handling and distribution of Northwest's DCVax-L and DCVax-Direct products.
  • The company believes that the agreements will give it a head start ahead of Phase III testing of its therapies. Cognate has a "12-year track record of regulatory and operational success with two dozen different cell product trials," Northwest says.
  • The firm's DCVax products are personalized immune therapies for solid tumor cancers.
  • Shares are +7.4%. (PR)
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