Aethlon Medical, Inc. (OTCMKTS:AEMD) has continued to move skyward after holding its gains with ease. The stock 1st exploded in early October off its base at a dime to the mid $0.20 range with a number of other Ebola related penny stocks.
While most of the others dropped back down AEMD proved it was the real thing and held its gains with ease before exploding skyward again.
On November 14, AEMD announced that the Aethlon Hemopurifier® was used in the successful treatment of a critically-ill Ebola-infected patient in Frankfurt, Germany, according to data presented today at the American Society of Nephrology (ASN) Annual Meeting by Helmut Geiger, M.D., Chief of Nephrology at Goethe University, Frankfurt University Hospital. Geiger reported that 242 million Ebola viruses were captured within the Aethlon Hemopurifier® during treatment, a number verified by a post-treatment elution protocol. The patient is no longer infected with Ebola virus and is expected to make a full recovery.
Aethlon Medical creates medical devices that target unmet therapeutic needs in infectious disease, cancer and neurodegenerative disorders. The company’s lead product is the Aethlon Hemopurifier®, a first-in-class device that selectively targets the rapid elimination of circulating viruses and tumor-secreted exosomes that promote cancer progression.
AEMD has a broad product pipeline that includes the Aethlon ADAPT™ System, The Aethlon Hemopurifier®, HER2osome™ ELLSA™ Exosome Assay and DARPA Sepsis Program.
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The Aethlon Hemopurifier® is a first-in-class medical device with broad-spectrum capabilities against viral pathogens, including the human immunodeficiency virus (HIV), hepatitis C virus (HCV) and numerous bioterror and pandemic threats. Human studies have demonstrated the Hemopurifier® to be safe and provide average viral load reductions of greater than 50% during four-hour treatment periods in both HCV and HIV infected individuals without the administration of antiviral drugs. The device is currently the subject of a human clinical study in India to evaluate its ability to accelerate viral load depletion when utilized in combination with HCV standard of care drug therapy. An investigational device exemption (IDE) to initiate clinical studies in the United States is pending with The Food and Drug Administration (FDA).
In vitro studies have also documented that the Hemopurifier® captures exosomes underlying cancer, including colorectal, lymphoma, melanoma, ovarian, and breast cancer. We have expanded our exosome research programs through a collaborative agreement with the Sarcoma Oncology Center (SOC), based in Santa Monica, California. The SOC collaboration is studying the ex vivo effectiveness of the Aethlon Hemopurifier® to remove immunosuppressive exosomes from the blood of advanced-stage cancer patients.
On October 14 AEMD announced the first use of Hemopurifier® therapy on a patient infected with Ebola virus. The treatment was administered to a Ugandan doctor at the Frankfurt University Hospital in Germany. The patient, who is also a World Health Organization (WHO) worker, contracted the virus in Sierra Leone.
The Aethlon Hemopurifier® is a first-in-class bio-filtration device that targets the rapid elimination of viruses and immunosuppressive proteins from the circulatory system of infected individuals. At present, no antiviral therapy or vaccine has proven to be effective against Ebola virus infection in humans. The largest ebola virus epidemic in history is now spreading on a global basis with more than 4,000 deaths being reported by the WHO.
In the care of ebola-infected individuals, the Hemopurifier targets two unmet medical needs: the rapid elimination of circulating ebola to inhibit continued progeny virus replication and the direct targeting of shed glycoproteins that overwhelm the host immune response. The device can be deployed for use within the global infrastructure of dialysis and CRRT machines already located in hospitals and clinics.
Conclusion: AEMD has seen a recent fast rise in price and massive increase in trading volume after the Company announced they were treating an Ebola patient with their Hemopurifier® therapy. Unlike a one day wonder that would have dropped by now AEMD continues to hold its gains suggesting this one has much more coming.
Currently trading at a $62 million market valuation the recent developments are enough to keep AEMD in the spotlight for a while as Ebola continues to dominate both local and international headlines.
As AEMD forms a base here at the $0.025 level smart investors have their eye on recent high of $0.307 once AEMD surpasses that, this one is wide open with nothing but green sky’s ahead!
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Disclosure: we hold no position in AEMD either long or short and we have not been compensated for this article.