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Alpha Tau(DRTS) - 2024 Q2 - Quarterly Report
2024-08-14 20:01
Exhibit 99.1 ALPHA TAU MEDICAL LTD. INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 U.S. DOLLARS IN THOUSANDS UNAUDITED INDEX Page | --- | --- | |----------------------------------------------------------------------------------|------------| | | | | Interim Consolidated Balance Sheets | 2 – 3 | | | | | Interim Consolidated Statements of Operations | 4 | | Interim Consolidated Statements of Changes in Shareholders' Equity | 5 | | | | | Interim Consolidated Statements of Cash Flows | 6 | | | | ...
Alpha Tau Announces Publication in Cancers Journal of Long-Term Safety and Efficacy Data in Multiple Hard-to-Treat Superficial Cancers
Newsfilter· 2024-06-25 12:30
The pooled analysis included data from 4 international clinical trials spanning an array of hard-to-treat indications including skin, head & neck, and oral cavity. Initial response data demonstrated an overall response rate of almost 100% in treated lesions and a complete response rate of 89%. With follow-up as long as 51 months (median follow-up of 14-months), no moderate or severe long-term toxicities were noted, and 2-year local recurrence-free survival was estimated at 77%. JERUSALEM, June 25, 2024 (GLO ...
Alpha Tau Announces Publication in Cancers Journal of Long-Term Safety and Efficacy Data in Multiple Hard-to-Treat Superficial Cancers
GlobeNewswire News Room· 2024-06-25 12:30
decays, its short-lived daughters are released from the sources and disperse while emitting high-energy alpha particles with the goal of destroying the tumor. Since the alpha-emitting atoms diffuse only a short distance, Alpha DaRT aims to mainly affect the tumor, and to spare the healthy tissue around it. Alpha Tau CEO Uzi Sofer stated, "We are encouraged by the perspective offered by this long-term data and its publication in a renowned journal such as Cancers. The publication of this comprehensive pooled ...
Alpha Tau to Present at the Jefferies Global Healthcare Conference
Newsfilter· 2024-05-21 12:45
Company Overview - Alpha Tau Medical Ltd. is an Israeli medical device company founded in 2016, focusing on the research, development, and potential commercialization of the Alpha DaRT for treating solid tumors [2] - The technology was developed by Prof. Itzhak Kelson and Prof. Yona Keisari from Tel Aviv University [2] Product Information - Alpha DaRT (Diffusing Alpha-emitters Radiation Therapy) is designed for highly potent and conformal alpha-irradiation of solid tumors through intratumoral delivery of radium-224 impregnated sources [3] - The therapy aims to destroy tumors by releasing high-energy alpha particles from decaying radium, which primarily affects the tumor while sparing surrounding healthy tissue due to the short diffusion distance of alpha-emitting atoms [3] Upcoming Events - The CFO of Alpha Tau, Raphi Levy, will present a corporate overview and update at the Jefferies Global Healthcare Conference on June 5th, 2024, from 1:30 to 1:55 PM EST in New York, NY [1] - Mr. Levy will also be available for one-on-one investor meetings during the conference [1]
Alpha Tau Medical Announces First Quarter 2024 Financial Results and Provides Corporate Update
globenewswire.com· 2024-05-20 20:01
Core Insights - Alpha Tau Medical Ltd. reported significant advancements in its clinical trials and financial results for Q1 2024, highlighting the ongoing development of its Alpha DaRT cancer therapy [1][2]. Financial Performance - For the quarter ended March 31, 2024, the company reported R&D expenses of $6.4 million, slightly up from $6.3 million in Q1 2023, attributed to increased employee compensation and benefits [5]. - The net loss for Q1 2024 was $8.0 million, or $0.11 per share, compared to a net loss of $8.2 million, or $0.12 per share, in the same period of 2023 [8][19]. - As of March 31, 2024, the company had cash and cash equivalents totaling $80.7 million, down from $84.9 million at the end of 2023, with an expected runway of at least two years [9]. Clinical Developments - The company presented preclinical data at the ESTRO 2024 Congress, demonstrating an abscopal immune effect in pancreatic murine tumor models, indicating a significant reduction in distant tumor growth rates [5]. - The first patient with liver metastases was treated in a feasibility and safety study of Alpha DaRT at McGill University Health Center, aiming to recruit up to 10 patients [5]. - Ongoing recruitment for the ReSTART U.S. multi-center pivotal trial and pancreatic cancer feasibility studies in Canada and Israel is currently in progress [1][5]. Upcoming Milestones - The company plans to treat the first patient in the Israeli recurrent lung cancer safety and feasibility trial in Q2 2024 and aims to complete patient recruitment for the ReSTART trial in H2 2024 [5]. - Alpha Tau anticipates a response from PMDA in Japan by the end of 2024 regarding pre-market approval for Alpha DaRT in patients with recurrent head and neck cancer [5]. Corporate Strategy - The CEO emphasized the focus on advancing the ReSTART trial while also preparing for potential product launches and solidifying the supply chain, including plans for a new manufacturing facility in Hudson, New Hampshire [2].
Alpha Tau Medical Announces First Quarter 2024 Financial Results and Provides Corporate Update
Newsfilter· 2024-05-20 20:01
- Presented preclinical data demonstrating abscopal immune effect in pancreatic murine tumor models at ESTRO 2024 Congress in Glasgow - - First patient with liver metastases treated in a feasibility and safety study of Alpha DaRT at the McGill University Health Center in Montreal, Canada - - Patient recruitment for ReSTART U.S. multi-center pivotal trial and for pancreatic cancer feasibility and safety studies in Canada and Israel currently ongoing - - Cash, cash equivalents, deposits & restricted deposits ...
Alpha Tau Announces Alpha DaRT Treatment of First Patient with Liver Metastases of Colorectal Cancer
Newsfilter· 2024-05-13 12:30
JERUSALEM, May 13, 2024 (GLOBE NEWSWIRE) -- Alpha Tau Medical Ltd. ("Alpha Tau", or the "Company") (NASDAQ:DRTS, DRTSW))), the developer of the innovative alpha-radiation cancer therapy Alpha DaRT™, announced today that its first patient with liver cancer metastases has been treated in a feasibility and safety study of Alpha DaRT at the McGill University Health Center in Montreal, Canada. The trial seeks to recruit up to 10 patients who are eligible for a two-staged hepatectomy to resect liver metastases of ...
Alpha Tau Presents Preclinical Data Demonstrating Abscopal Immune Effect in Pancreatic Murine Tumor Models at ESTRO 2024 Congress in Glasgow
Newsfilter· 2024-05-06 12:30
- Initial data demonstrates significant reduction in distant pancreatic cancer tumor growth rate starting from three weeks after first tumor is treated with Alpha DaRT alone - Effect seen across both Panc02 and KPC tumor models - JERUSALEM, May 06, 2024 (GLOBE NEWSWIRE) -- Alpha Tau Medical Ltd. ("Alpha Tau", or the "Company") (NASDAQ:DRTS, DRTSW))), the developer of the innovative alpha-radiation cancer therapy Alpha DaRT™, announced today the presentation of new preclinical data at the 2024 congress of th ...
Alpha Tau Medical Announces Full Year 2023 Financial Results and Provides Corporate Update
Newsfilter· 2024-03-07 21:01
- Positive interim safety and feasibility data from pancreatic cancer study in Montreal, with initial signs of potential dose response findings - - ReSTART U.S. multi-center pivotal trial currently underway - - Submitted PMDA application for recurrent Head and Neck cancer in Japan - - Entered into long-term lease for a second facility in the U.S. in Hudson, NH - - Cash, deposits and restricted deposits balance of $84.9 million, with anticipated runway for at least two years - JERUSALEM, March 07, 2024 (GLOB ...
Alpha Tau(DRTS) - 2023 Q4 - Annual Report
2024-03-06 16:00
Alpha Tau Medical Announces Full Year 2023 Financial Results and Provides Corporate Update - Positive interim safety and feasibility data from pancreatic cancer study in Montreal, with initial signs of potential dose response findings - - ReSTART U.S. multi-center pivotal trial currently underway - Exhibit 99.1 - Submitted PMDA application for recurrent Head and Neck cancer in Japan - - Entered into long-term lease for a second facility in the U.S. in Hudson, NH - - Cash, deposits and restricted deposits ba ...