Anixa Biosciences Reports Positive Phase 1 Trial Results

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2025.12.12 11:34
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Anixa Biosciences announced positive final data from its Phase 1 clinical trial of a breast cancer vaccine, meeting all primary endpoints and showing safety and immune response in 74% of participants. The trial was conducted with Cleveland Clinic and funded by the U.S. Department of Defense. Plans are underway for a Phase 2 study in combination with Keytruda. Despite positive trial results, Anixa faces financial challenges, including negative cash flows and a negative P/E ratio, affecting its stock valuation.