Biotech Prima Biomed shares are going nuts

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Shares in tiny pharmaceutical Prima Biomed surged after a clinical trial showed its breast cancer drug is safe.

A short time ago, the shares were up 22.5% to $0.038.

“This very positive data is a major milestone,” says chief medical officer Dr Frédéric Triebel.

Prima BioMed is a globally active biotechnology company developing immunotherapeutic products.