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INO Inovio Pharmaceuticals Inc New

12.00
-0.79 (-6.18%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Inovio Pharmaceuticals Inc New NASDAQ:INO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.79 -6.18% 12.00 11.80 11.99 12.62 11.81 12.62 414,844 01:00:00

Inovio Shares Down After Co. Says AstraZeneca Will Discontinue Some Collaboration Deal Activities

28/05/2019 11:37pm

Dow Jones News


Inovio Pharmaceuticals (NASDAQ:INO)
Historical Stock Chart


From May 2019 to May 2024

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   By Stephen Nakrosis 
 

Shares of Inovio Pharmaceuticals Inc. (INO) are falling in Tuesday's after-hours action, following an announcement by the company that it was informed AstraZeneca plans to discontinue activities on research collaboration programs from an August 7, 2015, agreement, with the exception of MEDI0457.

At 5:49 p.m. ET, Inovio shares had lost 6.69% to trade at $2.92. Inovio's shares lost ground in the day's regular trading session as well, finishing 3.68% lower to close at $3.14 per share.

Inovio said it received notification from MedImmune Limited about the decision. The company also said AstraZeneca will continue to "evaluate MEDI0457, in combination with its PD-L1 checkpoint inhibitor, durvalumab, in multiple Phase 2 clinical trials in patients with cancers associated with human papillomavirus, or HPV."

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

May 28, 2019 18:22 ET (22:22 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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1 Year Inovio Pharmaceuticals Chart

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1 Month Inovio Pharmaceuticals Chart