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MID-STAGE NICOTINE VACCINE TRIAL MEETS MAIN GOAL


Nabi Biopharmaceuticals said a mid-stage trial of its vaccine to treat nicotine addiction and prevent relapse met its main goal of eight weeks of continuous abstinence.

Shares of the company rose about 14 percent to $5.85 in afternoon trade on the Nasdaq, tapering off a bit after rising as much as 19 percent earlier in the session.

The trial for NicVAX enrolled 301 heavy smokers who, on average, smoked 24 cigarettes a day and not less than 15 cigarettes a day before enrollment.

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