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Micro-Cap on Watch; OncoSec Medical Inc. (ONCS)

By Warren Paige

Shares of OncoSec Medical Inc. (OTC: ONCS), a biopharmaceutical company engaged in the development of advanced-stage OMS ElectroOncology therapies to treat solid tumor cancers and metastatic disease, are climbing in trading today.

At last check, ONCS shares were trading 5.53% higher at $0.248 on volume of 1.37 million.

ONCS shares are gaining today after the company announced data from an interim analysis of two randomized Phase 3 clinical trials, HNBE-01 and HNBE-02, using electrochemotherapy to treat locally recurrent and second squamous cell carcinoma of the head and neck.

Punit Dhillon, President and CEO of OncoSec Medical, said that interim analysis of the two Phase 3 studies and the recently released data from the Phase 4 study carried out in Europe, has shown that the primary endpoint of maintain quality of life was achieved.

 

July 23rd, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.