Workflow
Actinium Pharmaceuticals(ATNM)
icon
Search documents
Actinium Pharmaceuticals, Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before May 27, 2025 to Discuss Your Rights - ATNM
Prnewswire· 2025-05-16 09:45
NEW YORK, May 16, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Actinium Pharmaceuticals, Inc. ("Actinium" or the "Company") (NYSE: ATNM) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Actinium investors who were adversely affected by alleged securities fraud between October 31, 2022 and August 2, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/actinium-lawsuit-sub ...
Class Action Filed Against Actinium Pharmaceuticals, Inc. (ATNM) - May 27, 2025 Deadline to Join – Contact Levi & Korsinsky
GlobeNewswire News Room· 2025-05-13 16:24
NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Actinium Pharmaceuticals, Inc. ("Actinium" or the "Company") (NYSE: ATNM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Actinium investors who were adversely affected by alleged securities fraud between October 31, 2022 and August 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/actinium-lawsu ...
Levi & Korsinsky Notifies Shareholders of Actinium Pharmaceuticals, Inc.(ATNM) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-05-13 09:45
NEW YORK, May 13, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Actinium Pharmaceuticals, Inc. ("Actinium" or the "Company") (NYSE: ATNM) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Actinium investors who were adversely affected by alleged securities fraud between October 31, 2022 and August 2, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/actinium-lawsuit-sub ...
Shareholders that lost money on Actinium Pharmaceuticals, Inc.(ATNM) Urged to Join Class Action – Contact The Gross Law Firm to Learn More
GlobeNewswire News Room· 2025-05-12 16:59
NEW YORK, May 12, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Actinium Pharmaceuticals, Inc. (NYSE: ATNM). Shareholders who purchased shares of ATNM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/actinium-loss-submission-form/?id=147733&from=3 CLASS PERIOD: October ...
Actinium Pharmaceuticals, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 27, 2025 to Discuss Your Rights - ATNM
Prnewswire· 2025-05-12 09:45
NEW YORK, May 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Actinium Pharmaceuticals, Inc. (NYSE: ATNM).Shareholders who purchased shares of ATNM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/actinium-loss-submission-form/?id=147716&from=4CLASS PERIOD: October 31, 2022 ...
Faruqi & Faruqi Reminds Actinium Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 26, 2025 - ATNM
GlobeNewswire News Room· 2025-05-11 13:10
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Actinium Pharmaceuticals, Inc. due to allegations of violations of federal securities laws related to misleading statements and failure to disclose critical information regarding the company's Iomab-B BLA application [3][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses exceeding $75,000 in Actinium between October 31, 2022, and August 2, 2024, to discuss their legal rights [1]. - A federal securities class action has been filed against Actinium, with a deadline of May 26, 2025, for investors to seek the role of lead plaintiff [3]. - The complaint alleges that Actinium's executives made false statements regarding the likelihood of FDA approval for the Iomab-B BLA, which could mislead investors [5]. Group 2: Stock Performance and Impact - Following the revelation of the need for an additional clinical trial to support the BLA filing, Actinium's stock price dropped significantly, plummeting $3.69, or nearly 60%, to close at $2.48 on August 5, 2024 [6][7]. - The decline in stock price was attributed to the market's reaction to the company's press release, which indicated regulatory challenges ahead [6]. Group 3: Class Action Participation - The lead plaintiff in a class action is defined as the investor with the largest financial interest who can adequately represent the class [8]. - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [8]. Group 4: Additional Information and Contact - Faruqi & Faruqi encourages anyone with information regarding Actinium's conduct, including whistleblowers and former employees, to contact the firm [9].
Actinium Pharmaceuticals(ATNM) - 2025 Q1 - Quarterly Report
2025-05-09 21:27
Pipeline and Product Development - Actinium Pharmaceuticals is advancing a pipeline of targeted radiotherapies aimed at improving outcomes for patients with advanced cancers, focusing on myeloid malignancies and solid tumors [74]. - Actimab-A, the lead product candidate, is being developed for patients with acute myeloid leukemia (AML) and myelodysplastic syndromes (MDS), with over 150 patients studied to date [75][77]. - A pivotal Phase 2/3 trial for Actimab-A in combination with the chemotherapy regimen CLAG-M is expected to initiate in the second half of 2025, with overall survival as the primary endpoint [87][88]. - ATNM-400, a novel radiotherapy for prostate cancer, demonstrated 99.8% tumor growth inhibition in preclinical studies, outperforming Pluvicto, which generated $1.39 billion in sales in 2024 [79][80]. - Iomab-ACT is being developed as a targeted conditioning agent for cell and gene therapies, currently being studied in three clinical trials, including one with a commercial CAR-T therapy [82]. - The NCI's myeloMATCH program aims to enroll over 5,000 patients in trials for precision medicine treatments for AML and MDS, with Actimab-A included in this initiative [90]. - Actinium's development strategy for Actimab-A focuses on addressing unmet needs across the treatment journey for myeloid malignancies, leveraging its mutation-agnostic capabilities [86]. - The Actimab-A solid tumor program aims to evaluate its combination with PD-1 inhibitors in HNSCC and NSCLC, with initial proof of concept data expected in the second half of 2025 [100]. - Iomab-ACT is expected to improve patient access and outcomes in cellular therapies, with ongoing trials targeting both B-ALL and sickle cell disease [108]. - Actimab-A's mutation agnostic profile is being leveraged in additional clinical trials anticipated to start in 2025 [92]. Clinical Trials and Results - The frontline AML triplet trial will enroll up to 48 newly diagnosed AML patients aged 75 and above, with initial clinical data expected in the second half of 2025 [91]. - Actimab-A demonstrated significant antileukemic activity in preclinical studies when combined with standard targeted AML therapies, with a focus on mutation agnostic capabilities [94]. - ATNM-400 showed a statistically significant (p < 0.0001) reduction in tumor volume compared to Pluvicto in prostate cancer models, achieving 99.8% tumor growth inhibition with a single 40 µCi/kg dose [112]. - The SIERRA trial for Iomab-B met its primary endpoint with 22% of patients achieving durable Complete Remission compared to 0% in the control arm, resulting in a p-value of <0.0001 [114]. - Iomab-ACT is being studied as a targeted conditioning agent prior to CAR-T therapy, with initial results showing no patients developed ICANS, a major safety concern [109]. Financial Performance - Actinium's total operating expenses for the three months ended March 31, 2025, were $16.638 million, compared to $9.597 million for the same period in 2024, reflecting a significant increase [137]. - Research and development expenses for the three months ended March 31, 2025, were $7.7 million, up from $6.635 million in the same period in 2024 [137]. - Actinium recorded no commercial revenue for the three months ended March 31, 2025, and March 31, 2024 [138]. - General and administrative expenses rose to $8.9 million for the three months ended March 31, 2025, compared to $3.0 million for the same period in 2024, mainly due to increased non-cash stock-based compensation [144]. - The net loss for the three months ended March 31, 2025, was $15.9 million, an increase of $7.2 million from $8.7 million in the prior year, driven by higher research and administrative expenses [146]. - Cash used in operating activities was $7.6 million for the three months ended March 31, 2025, an increase of $0.2 million from $7.4 million in the prior-year period [147]. - There were no sales of common stock during the three months ended March 31, 2025, while 1.8 million shares were sold in the same period of 2024, generating gross proceeds of $15.0 million [149]. - The company expects existing resources to be sufficient to fund planned operations for more than 12 months following the report date [150]. Manufacturing and Supply Chain - The company has established significant manufacturing and supply chain expertise, delivering over 500 doses for 18 clinical trials without missing a dose [124]. - Actinium plans to commence the build-out of its own manufacturing facility in the second half of 2025 to enhance control and scalability [126]. - The company has entered into an Ac-225 supply agreement with Eckert & Ziegler to support its clinical trials [127]. Strategic Partnerships and Agreements - Actinium holds approximately 240 issued and pending patents worldwide, supporting its development of next-generation radiotherapies [74]. - The company has entered into a Cooperative Research and Development Agreement (CRADA) with the National Cancer Institute (NCI) to accelerate the development of Actimab-A [89]. - Iomab-B, a targeted conditioning program, is seeking a strategic partner for further clinical trials based on FDA feedback [83]. - The company entered into a License Agreement with Immedica for the exclusive product rights of Iomab-B in certain EUMENA countries, receiving a non-refundable payment of $35 million in May 2022 [140]. - Long-term license revenue deferred was $35 million as of March 31, 2025, resulting from the agreement with Immedica, which will be recognized upon EU regulatory approval of Iomab-B [141]. Regulatory and Compliance - Actinium received definitive feedback from the FDA indicating that the SIERRA trial alone is insufficient for a BLA filing for Iomab-B, despite meeting the primary endpoint with a p-value of <0.0001 [115]. - The FDA now requires a head-to-head Phase 3 clinical trial involving all adult AML patients aged 18 and above, with a broader patient population than the SIERRA trial, which only included patients aged 55 and above [116]. - The company is evaluating the impact of recently issued accounting pronouncements on its financial statements, including ASU 2024-03 and ASU 2023-09 [153][154]. Workforce and Optimization - A workforce optimization reduced headcount by approximately 14%, expected to decrease personnel-related expenses by $1.15 million for the remainder of 2025 [136]. - The company conducted a workforce optimization, reducing headcount by approximately 14%, which is expected to decrease personnel-related expenses by about $1.15 million for the remainder of 2025 [146].
Class Action Filed Against Actinium Pharmaceuticals, Inc. (ATNM) Seeking Recovery for Investors - Contact The Gross Law Firm
Prnewswire· 2025-05-08 09:45
NEW YORK, May 8, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Actinium Pharmaceuticals, Inc. (NYSE: ATNM).Shareholders who purchased shares of ATNM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/actinium-loss-submission-form/?id=147309&from=4 CLASS PERIOD: October 31, 2022 ...
The Gross Law Firm Notifies Shareholders of Actinium Pharmaceuticals, Inc. (ATNM) of a Class Action Lawsuit and an Upcoming Deadline
GlobeNewswire News Room· 2025-05-07 16:28
NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Actinium Pharmaceuticals, Inc. (NYSE: ATNM). Shareholders who purchased shares of ATNM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/actinium-loss-submission-form/?id=147113&from=3  CLASS PERIOD: October ...
Lost Money on Actinium Pharmaceuticals, Inc.(ATNM)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-05-06 09:45
NEW YORK, May 6, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Actinium Pharmaceuticals, Inc. ("Actinium" or the "Company") (NYSE: ATNM) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Actinium investors who were adversely affected by alleged securities fraud between October 31, 2022 and August 2, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/actinium-lawsuit-subm ...