Klotho Neurosciences, Inc.(KLTO)

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Klotho Neurosciences Moves Forward with Manufacturing Gene Therapy for the Treatment of ALS
Prnewswire· 2025-06-30 06:00
Core Insights - Klotho Neurosciences, Inc. is advancing the manufacturing and process development for KLTO-202, a gene therapy aimed at treating amyotrophic lateral sclerosis (ALS) [1] - The company has licensed a unique RNA splice variant of the alpha-Klotho gene from the Autonomous University of Barcelona, which is crucial for developing gene therapies [2] - Animal studies have shown that amplifying the levels of secreted alpha-Klotho (s-KL) through gene therapy leads to favorable therapeutic outcomes in models of ALS and other neurodegenerative diseases [2] - The company anticipates an eight-month timeline to complete process development and manufacturing, followed by four to six months for FDA-related activities, aiming to start clinical trials in ALS patients by Q3 of the following year [3] - The CEO highlighted a more efficient method for producing the AAV vector to deliver the s-KL gene directly to motor neurons, which are significantly affected by ALS [4] Company Overview - Klotho Neurosciences, Inc. focuses on innovative cell and gene therapies derived from the human Klotho gene, targeting neurodegenerative and age-related disorders such as ALS, Alzheimer's, and Parkinson's disease [5] - The company's portfolio includes proprietary cell and gene therapy programs utilizing DNA and RNA therapeutics, along with genomics-based diagnostic assays [5] - The management team consists of experienced individuals in biopharmaceutical product development and commercialization [5]
Klotho Neurosciences, Inc. and the Okinawa Research Center for Longevity Science, Leading Experts on the Okinawa "Blue Zone", Announce a Plan to Study Tissue Levels of the Human Klotho Gene and Protein in the World's Longest-Lived Population
Prnewswire· 2025-06-24 09:00
Core Insights - Klotho Neuroscience, Inc. is partnering with leading researchers from the Okinawa Research Center for Longevity Science to explore the role of the Klotho gene in promoting longevity and reducing neurodegenerative diseases [1][2][3] Company Overview - Klotho Neuroscience, Inc. (NASDAQ: KLTO) focuses on developing cell and gene therapies targeting neurological conditions such as ALS, Alzheimer's Disease, and Parkinson's Disease [1][4] - The company utilizes a patented form of the Klotho gene, specifically the secreted alpha-Klotho protein isoform (s-KL), in its innovative therapies [4] Research and Development - Preliminary data from ORCLS suggests that the alpha-Klotho gene and its protein isoform may contribute to healthy longevity, with decreased levels correlating with various age-related diseases [2][3] - The partnership will analyze blood samples from centenarians to assess the Klotho protein's role in longevity and its potential protective effects against neurodegenerative disorders [3][4] Historical Context - Okinawa is recognized as the original Blue Zone, known for its high concentration of centenarians, validated by extensive research from ORCLS over the past five decades [2][3] - ORCLS has a history of significant discoveries in human aging, including the identification of longevity genes and their translation from model organisms to humans [3]
KLOTHO NEUROSCIENCES (KLTO) ANNOUNCES MUTUAL TERMINATION OF SHARE EXCHANGE AGREEMENT WITH SKYBELL TECHNOLOGIES (SKYBELL), TO CONTINUE ITS FOCUS ON THERAPEUTICS AND LONGEVITY PROGRAMS
Prnewswire· 2025-06-18 11:00
Core Insights - Klotho Neurosciences, Inc. has terminated its Share Exchange Agreement with SkyBell Technologies, allowing the company to focus on its core R&D programs and enhance shareholder value [2][3] Company Overview - Klotho Neurosciences, Inc. is a biogenetics company specializing in innovative, disease-modifying cell and gene therapies derived from the anti-aging human Klotho gene, targeting neurodegenerative and age-related disorders such as ALS, Alzheimer's, and Parkinson's disease [4] Strategic Implications - The termination of the agreement eliminates the need to issue new common stock to SkyBell, which would have resulted in SkyBell owning 90% of Klotho, thereby preventing significant dilution of existing shareholders [7] - The company will not incur any liability as a result of this termination, allowing it to refocus its strategy and allocate resources towards advancing its primary therapeutic and longevity programs [7]
KLOTHO NEUROSCIENCES RAISES OVER $11 MILLION, RETIRES ALL DEBT, AND EXCEEDS NASDAQ STOCKHOLDERS' EQUITY REQUIREMENT
Prnewswire· 2025-06-16 11:00
Group 1 - Klotho Neurosciences, Inc. raised over $11 million through the exercise of existing warrants by investors [1][6] - The company believes it now exceeds Nasdaq's stockholders' equity requirements outlined in its compliance plan [1][6] - Klotho utilized $3.1 million of the raised funds to extinguish all outstanding debt, resulting in a debt-free balance sheet [2][6] Group 2 - Klotho Neurosciences focuses on developing innovative, disease-modifying cell and gene therapies targeting neurodegenerative and age-related disorders such as ALS, Alzheimer's, and Parkinson's disease [3] - The company's portfolio includes proprietary cell and gene therapy programs using DNA and RNA as therapeutics and genomics-based diagnostic assays [3] - Klotho is managed by a team experienced in biopharmaceutical product development and commercialization [3]
一项突破性技术延长寿命20%,股价暴涨787%
阿尔法工场研究院· 2025-06-11 13:15
Core Viewpoint - The article discusses the promising clinical data from Klotho Neurosciences (KLTO) regarding the secreted Klotho protein (s-KL), which has shown potential in extending lifespan and combating age-related diseases [2][10]. Group 1: Clinical Findings - KLTO announced that the delivery of s-KL via AAV9 vector effectively increased serum s-KL levels in mice, leading to a 20% increase in lifespan [2][7]. - The expression of the Klotho gene can reduce age-related degeneration across multiple organs, promoting healthy aging [2][10]. Group 2: Market Impact - Following the positive clinical data, KLTO's stock price surged by 787.8% in the U.S. market, with trading volume exceeding 1 billion shares [3]. - The company has established a strong intellectual property position, securing global exclusive licenses for s-KL from the University of Barcelona and ICREA, along with patents in the U.S., Europe, and China [10]. Group 3: Product Pipeline - KLTO's product pipeline includes KLTO-202 for ALS and MS (expected IND submission in Q4 2025), KLTO-101 for Alzheimer's, Parkinson's, and Huntington's diseases (preclinical), and KLTO-301 for atherosclerosis and kidney diseases (preclinical) [11]. - The focus on neurodegenerative diseases represents a significant market opportunity with unmet needs, and the approach targets the fundamental processes of aging rather than just symptoms [11].
美股前瞻 | 三大股指期货齐跌 华尔街看好美股上行前景
智通财经网· 2025-06-10 11:53
Market Overview - US stock index futures are all down ahead of the market opening, with Dow futures down 0.06%, S&P 500 futures down 0.02%, and Nasdaq futures down 0.03% [1] - European indices show mixed performance, with Germany's DAX down 0.43%, UK's FTSE 100 up 0.39%, France's CAC40 down 0.11%, and the Euro Stoxx 50 down 0.22% [2][3] - WTI crude oil is up 0.37% at $65.53 per barrel, while Brent crude is up 0.36% at $67.28 per barrel [4] Economic Sentiment - Wall Street strategists remain optimistic about summer stock market performance despite signs of economic slowdown, with several institutions maintaining S&P 500 year-end targets in the range of 6300-6500 points [5] - A survey of over 270 CEOs indicates a significant drop in recession expectations, with less than 30% anticipating a mild or severe recession in the next six months, down from 46% in May [5] - The New York Fed's consumer expectations survey shows a notable decline in inflation concerns, with one-year inflation expectations dropping to 3.2% in May, down 0.4 percentage points from April [7] Company News - Apple held its WWDC, showcasing significant updates across its software platforms, including a new "liquid glass" design and the introduction of iOS 26 [10] - Tesla saw a massive inflow of $651 million into its leveraged ETF, reflecting strong retail investor confidence despite ongoing challenges, including competition in the Chinese market and demand issues in developed markets [11] - TSMC reported a 39.6% year-over-year increase in May revenue, attributed to companies stockpiling chips amid geopolitical uncertainties, although there was an 8.3% month-over-month decline [12] - Novo Nordisk's stock rose as activist hedge fund Parvus increased its stake, with expectations for the obesity drug market to reach $95 billion by 2030 [13]
Klotho(KLTO.US)基因疗法有望逆转器官退化 股价单日暴涨787%
智通财经网· 2025-06-10 00:49
Core Viewpoint - Klotho Neurosciences has announced early research results indicating that its proprietary gene therapy may fully reverse age-related organ degeneration, leading to a dramatic 787% surge in its stock price, which has attracted global investment interest in the biotech sector [1][2][3] Company Summary - Klotho Neurosciences is a micro biotech company focused on "anti-aging" and gene therapies for neurodegenerative diseases, with recent animal study data suggesting its α-Klotho gene therapy could delay or even reverse multi-organ aging [2][3] - The company utilizes a patented secretory α-Klotho (s-KL) gene delivery vector for its gene therapy, which aims to address age-related degenerative diseases in the central nervous system and multiple organs [3] - Klotho has obtained global exclusive patent licensing and plans to apply for FDA pre-IND meetings [3] Industry Summary - The surge in Klotho's stock price reflects a broader trend in the biotech industry, where innovative gene therapies targeting degenerative diseases are gaining traction and investor enthusiasm [2] - The market is witnessing a recalibration of investment focus towards cutting-edge technologies, particularly in the realms of gene therapy and AI, as exemplified by Synaptogenix's recent entry into the cryptocurrency and AI sectors [2] - The rapid pace of innovation in biotech is reshaping market dynamics and regulatory landscapes, making it a significant focal point for global market participants [2]
Klotho Neurosciences, Inc.(KLTO) - 2025 Q1 - Quarterly Report
2025-05-14 23:09
Financial Performance - Klotho Neurosciences, Inc. reported no revenue for the three months ended March 31, 2025 and 2024 [112]. - The net loss for the three months ended March 31, 2025 was $2,233,982, compared to a net loss of $672,044 for the same period in 2024, indicating a significant increase in losses [114]. Operating Expenses - Operating expenses increased to $1,586,968 for the three months ended March 31, 2025, up from $672,045 in the same period in 2024, representing an increase of approximately 136% [113]. Cash Flow - Net cash used in operating activities rose to $1,553,747 for the three months ended March 31, 2025, compared to $21,976 for the same period in 2024, an increase of approximately 6,000% [116]. - Cash at the end of the year was $565,869 as of March 31, 2025, compared to $32,336 at the end of the previous year [115]. - Net cash provided by financing activities was $2,055,875 for the three months ended March 31, 2025, an increase of approximately 1,070% compared to $175,000 in the same period in 2024 [118]. Accumulated Deficit - The company has an accumulated deficit of approximately $12.8 million as of March 31, 2025 [120]. Business Operations - The company expects to continue incurring significant professional costs to remain publicly traded and has incurred significant transaction costs related to the business combination [119]. - Klotho Neurosciences, Inc. is classified as an "emerging growth company" and intends to take advantage of certain exemptions from reporting requirements [122]. - The company has no off-balance sheet arrangements as of March 31, 2025 [121].
Klotho Neurosciences, Inc.(KLTO) - 2024 Q4 - Annual Report
2025-03-31 21:00
Financial Performance - For the fiscal year ended December 31, 2024, the Company reported no revenue, consistent with the previous year [290]. - The net loss for the year ended December 31, 2024, was $6,150,372, compared to a net loss of $707,458 for 2023, representing an increase of approximately 769% [292]. - Operating expenses increased significantly to $5,540,236 in 2024 from $631,322 in 2023, marking an increase of approximately 778% [291]. Cash Flow - Net cash used in operating activities for 2024 was $2,946,512, an increase of approximately 558% from $446,916 in 2023 [295]. - The Company incurred net cash used in investing activities of $123,497 in 2024, compared to net cash provided of $23,582 in 2023, indicating a cash outflow increase of approximately 624% [296]. - Financing activities provided net cash of $3,130,942 in 2024, a substantial increase from $350,000 in 2023 [297]. Financial Position - As of December 31, 2024, the Company had current assets of $157,811 and current liabilities of $1,247,534, resulting in a working capital deficit of $1,089,723 [293]. - As of December 31, 2024, the Company had cash of $63,741 and an accumulated deficit of approximately $10.6 million [299]. Operational Dependency - The Company has not generated any operating revenues to date and continues to incur significant expenses related to its business combination and public company status [288]. - The Company is dependent on obtaining additional working capital funding to continue its operations and execute its development plans [299].
Klotho Neurosciences to Present at Biotech Showcase 2025 during J.P. Morgan Healthcare Week in San Francisco
Globenewswire· 2025-01-08 16:00
Core Insights - Klotho Neurosciences, Inc. is set to present at Biotech Showcase 2025, focusing on its innovative therapies for neurodegenerative diseases [1][2] - The company is developing cell and gene therapies targeting ALS, Alzheimer's, and Parkinson's disease, utilizing the Klotho anti-aging gene [2][3] - Klotho Neurosciences has secured exclusive worldwide licenses for its therapeutic approach, covering patents in the USA, Europe, and China [2] Company Overview - Klotho Neurosciences, Inc. specializes in biopharmaceuticals, particularly in cell and gene therapies derived from the Klotho gene [3] - The company’s portfolio includes DNA and RNA therapeutics, genomics-based diagnostics, and clinical-stage programs targeting cancer and autoimmune diseases [3] - Management comprises experienced professionals in biopharmaceutical product development and commercialization [3] Presentation Details - The presentation is scheduled for January 14, 2025, at 3:00 PM PT during J.P. Morgan Healthcare Week [1][2] - Dr. Joseph Sinkule, the Founder, CEO, and Chairman, will discuss the company's advancements and the role of the Klotho gene in treating neurodegenerative diseases [2] - The event is expected to attract over 3,200 healthcare professionals and more than 1,200 investors [1]