NeoPharm, Inc. (Nasdaq:NEOL) today announced that the independent Data Monitoring Committee (“DMC”), responsible for overseeing the Company’s IL13-PE38QQR (cintredekin besudotox) Pivotal Phase III PRECISE trial for the treatment of Glioblastoma Multiforme (GBM), the most aggressive form of brain cancer, has met, analyzed, and reviewed the data for the Trial’s second futility analysis, and has recommended that the PRECISE Trial continue as planned under the approved protocol. As a result, enrollment in the PRECISE Trial is now formally closed.
