Northwest Bio press releases called 'inappropriate,' The Street reports Dr. Aman Buzdar of MD Anderson Cancer Center, which is running the running the DCVax-Direct phase I/II clinical trial with funding from Northwest Biotherapeutics (NWBO), called the company's press releases "extremely unusual and inappropriate," The Street's Adam Feuerstein reports, citing a phone interview. Buzdar said MD Anderson and the two other hospitals conducting the DCVAX-Direct study are yet to review or analyze the trial data since patients are still being enrolled and treated. Shares of Northwest are trading down 10% to $8.11 in pre-open trading. Reference Link
Northwest Biotherapeutics raises $11.5M through an institutional stock sale Northwest Biotherapeutics announced that the Company has entered into an agreement with a single existing institutional shareholder for the purchase and sale of approximately $11.5M of newly issued shares of the Company's Common Stock at a price of $5.05 per share. H.C. Wainwright & Co., LLC acted as the sole placement agent for the transaction.