Insight on Peregrine Pharmaceuticals (NASDAQ:PPHM)

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Las Vegas, NV -- (SBWIRE) -- 01/09/2014 -- Peregrine Pharmaceuticals (NASDAQ:PPHM) is a biopharmaceutical company that is engaged in the development of monoclonal antibodies focused on the treatment and diagnosis of cancer.

The lead product candidates of Peregrine Pharmaceuticals in development include Bavituximab which is a phosphatidylserine (PS) targeting agent that completed Phase IIb second-line non-small cell lung cancer trial for the treatment of solid tumors and Cotara which is a DNA/histone-targeting antibody that completed Phase II multicenter trial for the treatment of brain cancer. Peregrine Pharmaceuticals is also conducting various other trials with bavituximab in combination with other therapies in multiple oncology indications as potential secondary indications for bavituximab.

The has license, research and development agreements with the University of Texas Southwestern Medical Center, Genentech, Inc., Avanir Pharmaceuticals, Inc., Lonza Biologics; Affitech A/S, UTSWMC, and Merck KGaA. The company was founded in 1981 and is based in Tustin, California.

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