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Governments Looking at Cleveland Biolabs Radiation Countermeasure

NEW YORK, NY / ACCESSWIRE / April 20, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies, is issuing a comprehensive report with no obligation on Cleveland BioLabs, Inc. (CBLI), a biopharmaceutical company. The company's proprietary platform of toll-like immune receptor activators has applications in radiation mitigation, oncology immunotherapy, and vaccines. CBLI conducts business in the United States and Russia. Entolimod Biodefense is the company's most advanced Protectan product candidate. It is being developed as a radiation countermeasure to prevent death from Acute Radiation Syndrom (ARS). The market for radiation countermeasures has grown substantially, primarily due to the perceived threat of chemical, biological, radiation, and nuclear attacks. In addition to the U.S. government, which maintains a national stockpile of emergency products, potential customers include state and local governments, foreign governments, NGOs, multinational corporations, security companies, healthcare providers, and nuclear power facilities.

Entolimod, the FDA, and the Federal Government. Read about the relationships here: READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/cbli/.

The FDA has authorized the company to initiate an in vivo biocomparability study of entolimod formulations in non-human primates. The objective of this study is to compare the historical drug formulation used in prior studies to the to-be-marketed drug formulation of entolimod submitted for pre-Emergency Use Authorization (pre-EUA). If the FDA approves the pre-EUA application, federal government agencies may procure entolimod for stockpiling so that the drug is available to distribute in the event of an emergency, prior to the drug being formally approved under a Biologics License Application. While pre-EUA approval does not constitute full licensure, it would allow the company to generate revenue from the sale of entolimod. Furthermore, CBLI believes that pre-EUA status could generate sales to foreign governments.

Cleveland Labs stock price, financial results and guidance are discussed here: READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/cbli/.


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SOURCE: Traders News Source