(Reuters) - Peregrine Pharmaceuticals Inc said revised results from a mid-stage study of its experimental drug bavituximab showed that lung cancer patients survived about 4.4 months longer on the drug than with chemotherapy alone. Peregrine's shares jumped 7 percent to $1.97 in premarket trading on Tuesday. Patients survived for a median of 11.7 months when given bavituximab along with chemotherapy, compared with 7.3 months when on chemotherapy alone, the company said. ...
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(From Yahoo Diseases)