PDS Biotechnology7 Jun 2021 14:07
FLORHAM PARK, N.J., June 07, 2021 (GLOBE NEWSWIRE) -- PDS Biotechnology
Corporation (Nasdaq: PDSB), a clinical-stage immunotherapy company developing
novel cancer therapies based on the Company’s proprietary Versamune(®)
T-cell activating technology, today announced the Company is set to join the
Russell Microcap(®) Index at the conclusion of the 2021 Russell indexes
annual reconstitution, effective after the US market opens on June 28,
according to a preliminary list of additions posted June 4.
Membership in the Russell Microcap(®) Index, which remains in place for one
year, means automatic inclusion in the appropriate growth and value style
indexes. FTSE Russell determines membership for its Russell indexes primarily
by objective, market-capitalization rankings and style attributes.
"Inclusion in the Russell Microcap Index underscores the progress we are
making to increase shareholder value by driving our three (3) Phase 2 clinical
programs forward for our lead HPV-cancer immunotherapy PDS0101, including an
oral presentation of interim data for our National Cancer Institute-led trial
at the American Society of Clinical Oncology annual meeting later today," said
Dr. Frank Bedu-Addo, President and CEO of PDS Biotech. "Inclusion in the Index
significantly benefits our Company and shareholders by elevating our
visibility within the global investment community. We look forward to
continuing to progress the clinical development of PDS0101 while also moving
additional oncology pipeline products into human testing within the next
year."