Lixte Biotechnology(LIXT)
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DE LA SOUL-LED “GOOD HEALTH SUMMIT” LAUNCHES FEBRUARY 19 AT MOREHOUSE COLLEGE
Globenewswire· 2026-01-21 13:00
Company Overview - LIXTE Biotechnology Holdings Inc. is a clinical-stage pharmaceutical company focused on developing and commercializing cancer therapies, particularly through its lead compound LB-100, which is a first-in-class PP2A inhibitor [9][10] - The company is pioneering a new treatment paradigm in cancer biology known as activation lethality, supported by a comprehensive patent portfolio [10] - LIXTE is also developing electronically controlled proton therapy systems through its subsidiary, Liora Technologies Europe Ltd., with its flagship technology, the LiGHT System, believed to offer significant advantages in tumor treatment [11] Event Details - The inaugural Good Health: Mind, Body & Soul Summit, sponsored by LIXTE, will take place on February 19, 2026, at Morehouse College in Atlanta, focusing on health equity for Black men and families [2][3] - The event is inspired by the music and legacy of De La Soul, aiming to connect health, culture, and science to promote wellness [4][5] - The Summit will feature discussions on various health topics, including cancer, heart disease, mental health, and intergenerational wellness, bringing together health experts, artists, and community leaders [5]
LIXTE Biotechnology Attending the DealFlow Discovery Conference, January 28-29
Globenewswire· 2026-01-20 13:00
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. is advancing its first-in-class PP2A inhibitor, LB-100, and will participate in the DealFlow Discovery Conference to engage with investors [1][2]. Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing and commercializing cancer therapies, particularly targeting new cancer drug development [2]. - The lead compound, LB-100, has shown to be well-tolerated in cancer patients and has the potential to enhance chemotherapies and immunotherapies [2][3]. Product Development - LB-100 is part of a new treatment paradigm in cancer biology known as activation lethality, with ongoing proof-of-concept clinical trials for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma [3]. - LIXTE has a comprehensive patent portfolio covering its innovative approach to cancer treatment [3]. Subsidiary Operations - Through its subsidiary, Liora Technologies Europe Ltd., LIXTE is developing electronically controlled proton therapy systems, specifically the LiGHT System, which is expected to offer significant advantages over existing proton therapy technologies [4].
LIXTE and its Collaborators Expand Clear Cell Ovarian Cancer Trial
Globenewswire· 2025-12-23 13:00
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. is expanding its clinical trial for LB-100, a compound aimed at treating ovarian clear cell cancer, in collaboration with MD Anderson Cancer Center and GSK, with initial findings expected in 2026 [2][4]. Group 1: Clinical Trial Expansion - The ongoing clinical trial, initiated in January 2024, combines LB-100 with GSK's Dostarlimab to enhance immunotherapy effectiveness [3]. - The trial will double patient enrollment from 21 to 42 patients, with the initial target successfully met earlier this year [4]. - Data from the initial 21 patients is expected to be presented in the first half of 2026 [4]. Group 2: Company Insights - LIXTE is focused on developing innovative cancer therapies, with LB-100 being a first-in-class PP2A inhibitor that has shown potential in enhancing chemotherapy and immunotherapy [6][7]. - The company emphasizes the significant unmet need in treating ovarian clear cell cancer and aims to improve patient outcomes through its research [5]. - LIXTE's approach is part of a new field in cancer biology known as activation lethality, supported by a comprehensive patent portfolio [7].
Lixte Biotechnology Holdings, Inc. Announces $4.3 Million Registered Direct Offering Priced at the Market Under Nasdaq Rules
Globenewswire· 2025-12-18 14:00
Core Viewpoint - Lixte Biotechnology Holdings, Inc. has announced a registered direct offering to raise approximately $4.3 million through the sale of Common Stock and warrants, aimed at advancing its cancer treatment initiatives [1][3]. Group 1: Offering Details - The offering includes the sale of 1,051,342 Common Units, each comprising one share of Common Stock or one Pre-Funded Warrant and one Common Warrant to purchase one share of Common Stock at an exercise price of $3.96 [2]. - The public offering price per Common Unit is set at $4.09, with Pre-Funded Units priced slightly higher at $4.08999 [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised, while the Common Warrants are also immediately exercisable and will expire 60 months after issuance [2]. Group 2: Financial Implications - The aggregate gross proceeds from the offering are expected to be approximately $4.3 million, which will be used for general corporate purposes and working capital [3]. - The transaction is anticipated to close on or about December 19, 2025, pending customary closing conditions [3]. Group 3: Company Background - Lixte Biotechnology Holdings, Inc. is a clinical-stage pharmaceutical company focused on developing new cancer therapies, with its lead compound, LB-100, showing promise in enhancing chemotherapy and immunotherapy outcomes [7][8]. - The company is pioneering a new treatment paradigm in cancer biology known as activation lethality, supported by a comprehensive patent portfolio [8].
LIXTE Levels Up From PP2A Innovation to Multi-Modal Oncology
Accessnewswire· 2025-12-03 16:00
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]
LIXTE Biotechnology Acquires Liora Technologies’ Proprietary Proton Therapy Platform for Cancer Treatment
Globenewswire· 2025-11-25 13:30
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]
Lixte Biotechnology(LIXT) - 2025 Q3 - Quarterly Report
2025-11-12 21:26
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].
LIXTE Biotechnology Holdings to Present at the Spartan Capital Investor Conference 2025, November 3
Globenewswire· 2025-10-29 12:00
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].
LIXTE Biotechnology Holdings Highlights Q4 2025 Priorities, Including Ongoing Advancement of Lead Candidate LB-100, Strategic Oncology Business Development and Acquisition Plans
Globenewswire· 2025-10-16 12:00
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]
LIXTE's Bold Blueprint to Rewire Cancer's Master Switch and Redefine Its Own Future (NASDAQ: LIXT)
Accessnewswire· 2025-09-16 12:30
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]