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Celsion Corp. Message Board

  • alphamojo alphamojo Jan 25, 2013 11:38 AM Flag

    Mojo Raising Target for Today's Celsion Close from $8.17 to $9.00 - 8K Filing Highly Significant

    Like many posters of this MB, I have read the new Celsion 8K Filing on their Website. As already quoted on the Board with regard to the Hisun/Pfizer transaction, "The $5 million non-refundable payment has been received by Celsion and comes in advance of Celsion's expected reporting of results from its pivotable Phase III trial (the HEAT Study) in heptocellular carcinoma (HCC), also known as primary liver cancer, later in January 2013." This is an official SEC 8K filing and there is "no way" in-the-world that Celsion would make this statement unless they were: 1) certain of completing their DMC meeting which could take more than one day (say today and Monday for example, if the DMC elects to review Celsion's PR releasing EVENTS DATA). So, in the opinion of this observor, Celsion will release EVENTS DATA on Tuesday or Wednesday of next week. Moreover, because Hisun will almost certainly pursue their Thermodox rollout in China through their joint venture with Pfizer, Pfizer would appear to be the most likely candidate to partner with Celsion on the rollout of Thermodox in the U.S. and much or all of the ROW. So, I am raising my Celsion closing price target for today to $9.
    Mojo

    Sentiment: Strong Buy

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