On June 12, 2026 CEL-SCI Corporation (NYSE American: CVM) reported it will participate in a formal signing ceremony with Saudi Amarox ("Amarox") during the BIO International Convention 2026 in San Diego, California. The ceremony will mark an important milestone in advancing the previously announced strategic agreement between the companies focused on the commercialization and distribution of Multikine* (Leukocyte Interleukin, Injection) in the Kingdom of Saudi Arabia.
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The BIO International Convention, the world’s largest biotechnology industry event, will take place June 22-25, 2026, bringing together biotechnology, pharmaceutical, investment and government leaders from around the world.
The official signing ceremony will take place during the opening ceremony of the Saudi Amarox booth on Monday, June 22, 2026, from 12:00 PM to 1:00 PM PST. CEL-SCI’s Chief Executive Officer Geert Kersten and representatives from Amarox will participate in the ceremony, formally recognizing the companies’ collaboration on bringing Multikine to patients in Saudi Arabia.
The event comes as Saudi Arabia accelerates its emergence as a global leader in biotechnology and life sciences investments under the Kingdom’s Vision 2030 strategy. The Saudi Ministry of Health is an official sponsor of BIO 2026 and has established biotechnology as a strategic priority, with significant public and private investment.
"Saudi Arabia is making substantial investments to build one of the world’s most dynamic biotechnology sectors, creating significant opportunities for innovative therapies such as Multikine," said Geert Kersten, Chief Executive Officer of CEL-SCI. "Our collaboration with Amarox represents an important step toward making Multikine available to patients in Saudi Arabia, establishing a foundation for long-term growth throughout the region. We are honored to participate in these events alongside key government, healthcare and investment leaders who are helping shape the future of biotechnology in the Kingdom."
Saudi Arabia’s growing prominence in biotechnology will also be highlighted during BIO 2026 through the featured session, "From Vision to Value: Private-Led Biotech Market Growth Powered by Saudi Arabia’s Agile Ecosystem." One of featured speakers is Abdulaziz Al-Qahtani, PharmD, Pipeline & Market Access Director at Amarox, underscoring Amarox’s role in advancing Saudi Arabia’s life sciences ambitions.
The signing ceremony follows the strategic agreement previously announced by CEL-SCI and Amarox to collaborate on regulatory, commercialization and distribution activities for Multikine in Saudi Arabia. The terms of the agreement include a 50%/50% revenue share for Multikine sales in Saudi Arabia upon receipt of Breakthrough Medicine Designation. Amarox, ranked #1 for Saudi-FDA (SFDA) applications for critical and unavailable medicine for 3 consecutive years, will act as the local regulatory representative and lead all communications with the SFDA. In addition to being the exclusive commercial distributor of Multikine in Saudi Arabia, upon SFDA approval, Amarox has the option to expand the agreement into the Gulf Cooperation Council (GCC) countries including Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates. Immunotherapy is among the fastest-growing segments in the Saudi cancer market, projected to reach $2.7 billion by 2033.
About Multikine
Multikine is a cancer immunotherapy administered before surgery as a treatment for newly diagnosed previously untreated head and neck cancer. Its goal is to activate a person’s immune system to fight cancer before the ravages of surgery, radiation and chemotherapy have weakened the immune system. In the world’s largest head and neck cancer Phase 3 study, Multikine increased the 5-year survival rate of the target patient population to 73% vs 45% in patients treated with standard of care alone and halved the risk of death from 55% to 27%.
About Head and Neck Cancer
Head and neck cancer is the 6th most common cancer, with approximately 900,000 newly diagnosed cases per year globally. The newly diagnosed stage 3 and 4 patients with this cancer represent a severe unmet need.
(Press release, Cel-Sci, JUN 12, 2026, View Source [SID1234666613])