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“The Buzz'' Show: Celldex Therapeutics, Inc. Shares Surge After Positive Trial Data

Celldex Therapeutics, Inc. (NASDAQ: CLDX) climbed over 31% in premarket trading after the company announced updated data from its ongoing, open label Phase 1b clinical trial of CDX-0159

CDX-0159 is a humanized, monoclonal antibody that specifically binds the receptor tyrosine kinase KIT with high specificity and potently inhibits its activity in patients with antihistamine refractory cold urticaria and symptomatic dermographism, the two most common forms of chronic inducible urticaria.

Celldex is a clinical stage biotechnology company dedicated to developing monoclonal and bispecific antibodies that address devastating diseases for which available treatments are inadequate. Our pipeline includes antibody-based therapeutics which have the ability to engage the human immune system and/or directly affect critical pathways to improve the lives of patients with inflammatory diseases and many forms of cancer.

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