What's Driving This Biotech Stock Through the Roof?

Shares of Peregrine (Nasdaq: PPHM  ) shot up 28% on Nov. 27, and another 36% on Friday. In this video, Motley Fool health-care analyst Brenton Flynn discusses some of the information management might be reporting on when it makes its quarterly statement on Dec. 10. Investors are awaiting news on several indications for treatment of various types of cancer from the company's drug Bavituximab. The company faced controversy and a share-price tumble recently when it announced that mistakes had been made in the handling of some previous Bavituximab data that left it unclear which trial patients received the drug and which received a placebo, rendering the data useless.

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