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Q1 Highlighted by Foray into Infectious Diseases Area

Health
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Thursday, May 14, 2020

PDS Biotechnology Corp (PDSB)

Q1 Highlighted by Foray into Infectious Diseases Area

PDS Biotechnology Corp operates as a clinical stage biotechnology company, principally involved in drug discovery in the United States. It is primarily engaged in the treatment of various early-stage and late-stage cancers, including head and neck cancer, prostate cancer, breast cancer, cervical cancer, anal cancer, and other cancers. Its products are based on the proprietary Versamune platform technology, which activates and directs the human immune system to unleash a powerful and targeted attack against cancer cells.

Cosme Ordonez, Senior Research Analyst, Noble Capital Markets, Inc.

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Q1/F2020 Financial Results in line with our expectations.PDS Biotechnology yesterday announced financial results for Q1/F2020. The Company reported a net loss of $4.0 mm, or $0.39 per basic share and fully diluted share. In our view, the highlight of the quarter was the expansion of the Company’s product pipeline into infectious diseases. Now, PDS has Versamune vaccine programs in cancer, tuberculosis, influenza and COVID-19.

Versamune is a versatile vaccine platform technology.The Company is developing a platform technology known as Versamune, which consists of lipid nanoparticles designed to deliver disease-specific antigens to stimulate a potent immune response consisting of both humoral (antibodies) and cellular immunity. Versamune has potential applications for the treatment of cancer and…



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NOTE: investment decisions should not be based upon the content of
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