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Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) Explosive Stock

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Las Vegas, NV -- (SBWIRE) -- 11/01/2012 -- Peregrine Pharmaceuticals, Inc. (NASDAQ:PPHM) is on the move in recent trading sessions after the Company announced that pre-clinical data showing specific localization and enhancement of anti-tumor functions of immune cells inside tumors following administration of phosphatidylserine (PS)-targeting antibodies.

Jeff T. Hutchins, Ph.D CEO of Peregrine commented "We believe these results build on previous findings showing the potential of PS-targeted agents for diagnosis, therapy and to monitor the effectiveness of anti-tumor agents"

Peregrine Pharmaceuticals, Inc. is a biopharmaceutical company with a portfolio of innovative monoclonal antibodies in clinical trials focused on the treatment and diagnosis of cancer. The company is pursuing multiple clinical programs in cancer with its lead product candidate bavituximab and novel brain cancer agent Cotara(R).

To find out what OTCMAGIC predicts for Peregrine Pharmaceuticals both short term and long term please go here: PPHM

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