--Plans to double the Number of Patients in Study-- --Company Expects Initial Findings to be presented in 2026-- BOCA RATON, Fla., Dec. 23, 2025 (GLOBE NEWSWIRE) -- LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”) (Nasdaq: LIXT), a biotech company focused on advancing cancer treatments, today announced it is expanding its collaboration with The University of Texas MD Anderson Cancer Center and pharmaceutical manufacturer GSK on an ongoing clinical trial with LIXTE’s proprietary compound, LB-100 ...

BOCA RATON, FLA, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Lixte Biotechnology Holdings, Inc. (NASDAQ: LIXT) (the “Company”), a biotech company focused on advancing cancer treatments, today announced that it has entered into definitive agreements in a registered direct offering with accredited investors for the purchase and sale of approximately $4.3 million of shares of Common Stock and pre-funded and investor warrants at a price of $4.09 per Common Unit. The entire transaction has been priced at the market under ...

Core Insights - The article highlights a micro-cap biotech company that is making significant strides in cancer treatment, suggesting a potential shift in the industry landscape [1] - It emphasizes the company's strategic approach to navigate future challenges, indicating a robust plan for sustainability and growth [1] Company Developments - The company is positioned to potentially revolutionize cancer treatment with innovative scientific advancements [1] - Recent activities include cash raises and compliance updates, which are typical for micro-cap biotechs, but this particular development stands out as more impactful [1] Industry Context - The biotech industry, particularly in the cancer treatment sector, is characterized by frequent updates on funding and regulatory compliance [1] - The emergence of groundbreaking science in this field could lead to significant changes in treatment protocols and patient outcomes [1]

Core Insights - LIXTE Biotechnology Holdings, Inc. has acquired Liora Technologies Europe Ltd., marking its entry into the radiotherapy segment of cancer care [1][3] - The acquisition includes Liora's LiGHT System, which offers significant advantages in proton therapy for treating tumors [2][3] - The LiGHT System is expected to set a new standard in cancer treatment, providing high-precision therapy that is scalable and clinically versatile [3] Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing and commercializing cancer therapies, with a lead compound, LB-100, that has shown promise in clinical trials [4][5] - The company aims to enhance existing cancer treatments through its innovative approach in cancer biology, specifically in activation lethality [5] Technology and Development - The LiGHT System, installed at STFC's Daresbury Laboratory, will serve as a center of excellence for proton therapy treatment [2] - The technology is designed to reduce installation costs and treatment sessions while increasing patient capacity at treatment centers [3]

Financial Performance - For the nine months ended September 30, 2025, the Company recorded a net loss of $3,465,626 and used cash in operations of $1,982,720[274]. - The net loss for the three months ended September 30, 2025 was $1,980,398, compared to a net loss of $986,030 for the same period in 2024[348]. - The net loss attributable to common stockholders for the three months ended September 30, 2025 was $2,030,765, compared to $986,030 in 2024[349]. - The net loss for the nine months ended September 30, 2025, was $3,465,626, compared to a net loss of $2,968,271 for the same period in 2024[364]. - The Company reported no revenues for the three months ended September 30, 2025 and 2024[333]. Cash and Capital Resources - At September 30, 2025, the Company had cash of $2,887,874 available to fund its operations[274]. - The company had cash of $2,887,874 available to fund operations as of September 30, 2025, reflecting a net increase in working capital of $4,085,035 from $827,219 at December 31, 2024[366]. - The Company estimates that its existing cash resources will provide sufficient working capital for at least the next 12 months, but additional capital will be required for regulatory approval of its product candidate[278]. - The Company has experienced negative operating cash flows since inception and relies on equity financing to meet its working capital needs[276]. - The company utilized cash of $1,982,720 in operating activities for the nine months ended September 30, 2025, compared to $2,565,861 for the same period in 2024[375]. Research and Development - The Company is focusing on advancing its lead anti-cancer clinical compound LB-100 in high-need cancer indications[280]. - The Company is focused on the clinical development of LB-100, a specific protein phosphatase inhibitor, which is currently being tested in clinical trials for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma[312]. - Research and development costs decreased by $310,934, or 86.0%, in 2025 compared to 2024, primarily due to a reduction in clinical oversight costs and preclinical research[340]. - For the nine months ended September 30, 2025, research and development costs were $202,801, a decrease from $691,402 in 2024[351]. - The Company has incurred a total of $695,918 in costs related to a specific agreement as of September 30, 2025[432]. Clinical Trials - The colorectal cancer study involving LB-100 and atezolizumab is currently on hold due to serious adverse events observed in two patients[318]. - The Company entered into a Clinical Trial Agreement with the Netherlands Cancer Institute to conduct a Phase 1b clinical trial of LB-100 combined with atezolizumab for patients with microsatellite stable metastatic colorectal cancer[382]. - The clinical trial aims to enroll a total of 37 patients, with the first patient enrolled in August 2024, and patient accrual expected to take up to 24 months[384]. - The Company announced a Phase 1b/2 clinical trial to assess the effectiveness of LB-100 combined with GSK's dostarlimab for treating ovarian clear cell carcinoma, with completion expected by December 31, 2027[400]. - The principal investigator is currently investigating two Serious Adverse Events observed in the colorectal study, pausing enrollment until further information is provided[385]. Financial Commitments and Agreements - The Company has remaining financial contractual commitments of approximately $510,000 related to clinical trial agreements, scheduled to be incurred through December 31, 2027[275]. - The Company entered into a Patent License Agreement with NIH, obligating it to pay a non-refundable license issue royalty of $50,000 and a first minimum annual royalty of $25,643[417]. - The total costs incurred under the License Agreement with NIH reached $97,835 as of September 30, 2025, with an aggregate commitment of approximately $1,765,000 expected over the next twenty years[422]. - The Company agreed to fund a preclinical study with the Netherlands Cancer Institute at an approximate cost of €391,000[429]. - The Development Collaboration Agreement with NKI was extended by two years to October 8, 2026, with an additional €500,000 added to the operating budget[430]. Management and Strategy - The Company appointed a new President and CEO in September 2023 to review its patent portfolio and manage costs associated with intellectual property protection[300]. - The Company is in advanced negotiations regarding potential acquisitions of complementary oncology assets to enhance its pipeline[280]. - The Company aims to secure strategic partnerships or licensing agreements with pharmaceutical companies as part of its long-term objectives[314]. - The Company is evaluating various alternatives to obtain capital for operations, including potential mergers or acquisitions, which may result in a change of control[449]. - The Company has established policies for managing cybersecurity risks and has not encountered any material cybersecurity challenges to date[327].

Core Viewpoint - LIXTE Biotechnology Holdings, Inc. is advancing its first-in-class PP2A inhibitor, LB-100, and will present at the Spartan Capital Investor Conference 2025, highlighting its potential in cancer therapy [1][2]. Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing and commercializing cancer therapies, particularly targeting new avenues for cancer drug development [3]. - The lead compound, LB-100, has shown to be well-tolerated in cancer patients and has the potential to enhance the effectiveness of existing chemotherapies and immunotherapies [3][4]. Product Development - LB-100 is part of a novel approach in cancer biology known as activation lethality, which is aimed at creating a new treatment paradigm [4]. - Clinical trials for LB-100 are currently underway for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma [4].

Core Insights - LIXTE Biotechnology Holdings, Inc. is focused on advancing its lead compound LB-100, a first-in-class inhibitor of protein phosphatase 2A (PP2A), while pursuing strategic acquisitions in oncology [1][2][4] Group 1: Clinical Execution - The company is committed to the continued advancement of LB-100 across prioritized tumor settings, supported by growing clinical and preclinical evidence [8] - Ongoing proof-of-concept clinical trials for LB-100 are in progress for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma [5] Group 2: Strategic Expansion - LIXTE is entering Q4 2025 with clear operational goals and a disciplined approach to strategic expansion, focusing on high-need cancer indications [2][3] - The company is in advanced negotiations for potential acquisitions of complementary oncology assets to enhance its pipeline and accelerate development [2][8] Group 3: Operational Readiness - The company is undertaking initiatives in quality, chemistry, manufacturing, and regulatory alignment to support efficient study conduct and potential integration of acquired programs [8]

Core Insights - The article highlights that small-cap biotech companies often attract attention for fundraising and partnerships, but occasionally the focus shifts to their scientific advancements [1] Company and Industry Summary - Small-cap biotech companies are frequently in the news for their fundraising efforts and strategic partnerships, which are critical for their growth and development [1] - The scientific progress made by these companies can sometimes take precedence over financial activities, indicating the importance of innovation in the biotech sector [1]

Core Insights - LIXTE Biotechnology Holdings is taking a proactive approach during the typically quiet summer months for small-cap biotechs, engaging in significant trial work and presentations at conferences [1] Company Summary - LIXTE Biotechnology Holdings (NASDAQ:LIXT) is positioning itself differently from its peers by not adhering to the usual summer slowdown in activity [1]

Core Viewpoint - Biotech stocks are experiencing renewed momentum, with small-cap companies like Nautilus Biotechnology, PepGen, Lixte, RenovoRx, Genelux, and VolitionRx attracting investor interest through various catalysts such as insider buying, strategic partnerships, and clinical trial progress Group 1: Nautilus Biotechnology (NAUT) - Nautilus Biotechnology's stock surged 5.52% during regular trading, closing at $0.7070, and rose an additional 7.5% in after-hours trading to $0.76, with trading volume nearly double its average at 647,399 shares [2] - Recent insider buying by CEO Sujal M. Patel, who purchased 83,500 shares on September 8 and 116,500 shares on September 5, totaling over $135,000, indicates strong leadership confidence [3] - The company reported a narrower loss of $0.12 per share in Q2 2025, with an 18% drop in operating expenses, and has $179.5 million in cash, providing a financial runway through 2027 [4] Group 2: PepGen Inc. (PEPG) - PepGen's stock rebounded 7.14% in after-hours trading to $1.50 after a regular session close of $1.40, with trading volume more than double its average at 638,576 shares [4] - The company completed dosing for its 15 mg/kg arm of the FREEDOM trial, with topline data expected in early Q4 2025, following a strategic narrowing of its pipeline [5] Group 3: Lixte Biotechnology Holdings Inc. (LIXT) - Lixte's stock rose 5.85% in after-hours trading to $5.25 after closing at $4.96, with a trading volume of 503,604 shares, notable given recent volatility [5] - The company announced a $2.6 million purchase of Bitcoin and Ethereum to diversify its treasury holdings, reflecting a strategic shift in financial strategy [6] Group 4: RenovoRx Inc. (RNXT) - RenovoRx shares increased 4.22% in after-hours trading to $1.2194 after a regular session close of $1.17, with trading volume significantly above its average at 886,119 shares [6] - The company received a positive recommendation to continue its Phase III TIGeR-PaC trial for pancreatic cancer, reinforcing confidence in its lead therapy platform [7] Group 5: Genelux Corp. (GNLX) - Genelux's stock rose 4.11% in after-hours trading to $3.80 after closing at $3.65, with trading volume relatively light at 60,339 shares [8] - The recent activity follows Genelux's participation in the H.C. Wainwright Global Investment Conference [9] Group 6: VolitionRx Ltd. (VNRX) - VolitionRx's stock increased 4.27% in after-hours trading to $0.6474 after closing at $0.6209, with trading volume slightly below its average at 183,777 shares [10] - The company announced a Research License and Exclusive Commercial Option Rights Agreement with Werfen's Immunoassay Technology Center, focusing on advancing its Nu.Q NETs assay for Antiphospholipid Syndrome [10]