Workflow
Lixte Biotechnology(LIXT)
icon
Search documents
LIXTE Launches New Study to Determine if Certain Pre-Cancerous Cells Found in an Aging Population Can Be Eliminated by LB-100
GlobeNewswire News Room· 2025-03-31 12:30
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. is initiating a pre-clinical study in collaboration with the Netherlands Cancer Institute to explore the potential of its compound LB-100 in eliminating "initiated" cells that carry mutations associated with cancer [1][2]. Group 1: Study Details - The new study will focus on whether LB-100 can eliminate "initiated" cells with a mutant RAS oncogene in animal models, which could significantly reduce the risk of developing various cancers as individuals age [3]. - The study is part of LIXTE's broader strategy to enhance cancer prevention efforts alongside ongoing clinical trials for ovarian and colorectal cancers [2]. Group 2: Leadership and Expertise - The study will be led by Dr. René Bernards, a prominent figure in molecular carcinogenesis and a member of LIXTE's Board of Directors, highlighting the expertise behind the research [4]. Group 3: Company Background - LIXTE is a clinical-stage pharmaceutical company focused on developing new cancer therapies, with its lead compound LB-100 showing promise in terms of patient tolerance and low toxicity during Phase 1 clinical trials [5][6]. - LB-100 is positioned as a first-in-class PP2A inhibitor, with potential applications in enhancing chemotherapies and immunotherapies for cancer patients [5].
LIXTE Biotechnology Provides Update On Progress with Proprietary Compound, LB-100, to Treat Ovarian and Colorectal Cancer
Newsfilter· 2025-03-27 12:30
Core Insights - LIXTE Biotechnology Holdings, Inc. has initiated two new clinical trials in collaboration with MD Anderson and the Netherlands Cancer Institute, focusing on treatments for ovarian and colorectal cancer [1][3] - The company has secured an exclusive patent license agreement with the NIH for LB-100, which aims to enhance cancer immunotherapies [1] - Recent publications in prominent medical journals EMBO and Cancer Discovery support LIXTE's clinical trial program, highlighting the potential of LB-100 in cancer treatment [1][6] Clinical Trials - LIXTE is conducting trials for ovarian cancer at M.D. Anderson Cancer Center and Northwestern University, with support from GSK [2][3] - A colorectal cancer trial is being conducted at the Netherlands Cancer Institute, supported by F. Hoffmann-La Roche [3][6] - The first patient has been dosed in a Phase 1b/2 trial combining LB-100 with GSK's immunotherapy for ovarian clear cell carcinoma [6] Intellectual Property and Research - LIXTE has received a Notice of Allowance from the USPTO for a patent related to the modulation of immune response using LB-100 [6] - Studies published in Cancer Discovery and EMBO indicate that LB-100 can alter cancer cells to enhance their vulnerability to immunotherapy [6] Financial Activities - The company completed a registered direct offering, raising approximately $1,050,000 for working capital and corporate purposes [6]
Lixte Biotechnology(LIXT) - 2024 Q4 - Annual Report
2025-03-24 12:30
Clinical Trials and Research - The colorectal study testing LB-100 in combination with atezolizumab has been paused for enrollment due to two Serious Adverse Events (SAEs) observed in the clinical trial launched in August 2024 [44]. - The National Cancer Institute (NCI) initiated a glioblastoma pharmacologic clinical trial in May 2019, with the company providing the LB-100 clinical compound [46]. - LB-100 has shown potential to enhance the effectiveness of standard treatments for glioblastoma, but its ability to penetrate brain tumor tissue remains uncertain [47]. - In a study involving seven patients, LB-100 demonstrated virtually no entry into brain tumor tissue, indicating the need for alternative drug delivery methods [48]. - The company aims to advance LB-100 through Phase 2 clinical trials to evaluate its effectiveness in enhancing existing anti-cancer therapies [75]. - The FDA regulates clinical trials, which are essential for determining the safety and efficacy of new therapies [84]. Intellectual Property - A Patent License Agreement was entered into with the National Institute of Health, focusing on promoting anti-cancer activity in combination with standard anti-cancer drugs [49]. - LB-100 is covered by U.S. patents projected to expire between 2028 and 2034, ensuring protection for its composition and therapeutic uses [63]. - Combination therapies involving LB-100 with other investigational compounds are covered by pending patent applications projected to expire as late as 2043 [66]. - The company relies on a combination of patents, licenses, and trade secrets to protect its intellectual property related to LB-100 and its applications [56]. Financial and Operational Aspects - The company agreed to fund a preclinical study with the Netherlands Cancer Institute at an approximate cost of €391,000 to identify promising drug combinations with LB-100 [53]. - An amendment to the Development Collaboration Agreement extended the research activities and added €500,000 to the operating budget [54]. - The life sciences industry is highly competitive, with major pharmaceutical companies and specialized firms having greater financial and technical resources [77]. - The company relies on outside consultants and advisors for research and development, with only three key personnel as of March 14, 2025 [82]. - The company does not operate or lease any facilities, contracting out research and development activities to commercial laboratories [83]. Regulatory and Legal Environment - Regulatory approvals from the FDA do not guarantee approvals in international markets, complicating commercialization efforts [87]. - The company is not currently subject to any legal claims or proceedings [89]. Cancer Treatment Paradigm - LB-100 series compounds demonstrate anti-cancer activity against a broad spectrum of cancers, including glioblastoma and melanoma, in animal models [73]. - LB-100 is part of a new treatment paradigm in cancer biology, focusing on the hyper-activation of oncogenic signaling to induce cancer cell death [74].
New Findings Show how LIXTE’s Lead Clinical Compound, LB-100, is Metabolized to its Active Form
Globenewswire· 2025-03-10 12:30
Core Insights - LIXTE Biotechnology Holdings, Inc. announced the publication of new pre-clinical data regarding its lead clinical compound, LB-100, which is converted into the active form endothall, a protein phosphatase (PP2A) inhibitor effective in cancer treatment when combined with immunotherapy [1][4] Group 1: Research Findings - The Netherlands Cancer Institute identified an enzyme that mediates the conversion of LB-100 into endothall, suggesting it could serve as a biomarker to identify patients likely to respond to LB-100 [2] - Research from BioPharmaWorks LLC indicated that LB-100 converts into endothall through hydrolysis, although this process is slow under physiological conditions; the enzymatic conversion identified by the Bernards laboratory accelerates this activation within cells [3] Group 2: Clinical Development - Clinical trials for LB-100 are currently underway targeting ovarian cancer and colorectal cancer, with the new pre-clinical data enhancing understanding of LB-100 and endothall's biological availability in patients, aiding in optimizing patient selection for future trials [4] - LIXTE's LB-100 is positioned as a first-in-class PP2A inhibitor, demonstrating good tolerance in cancer patients at doses linked to anti-cancer activity, with potential to improve outcomes for patients undergoing various therapies [4] Group 3: Company Overview - LIXTE is focused on developing and commercializing cancer therapies, with a comprehensive patent portfolio and no known competitors in its new approach to cancer biology, termed activation lethality [4]
New Findings Show how LIXTE's Lead Clinical Compound, LB-100, is Metabolized to its Active Form
Newsfilter· 2025-03-10 12:30
Core Insights - LIXTE Biotechnology Holdings, Inc. announced the online publication of pre-clinical data demonstrating the conversion of its lead compound LB-100 into the active form endothall, which is effective in cancer treatment when combined with immunotherapy [1][4] - The discovery of an enzyme that mediates this conversion could serve as a potential biomarker to identify patients likely to respond to LB-100 [2] - Clinical trials for LB-100 are currently underway for ovarian and colorectal cancer, with the new data aiding in optimizing patient selection for future trials [4] Group 1: Scientific Findings - The Netherlands Cancer Institute identified an enzyme that facilitates the conversion of LB-100 into endothall, suggesting its role as a potential biomarker [2] - Research from BioPharmaWorks LLC indicates that LB-100 converts into endothall through hydrolysis, although this process is slow under physiological conditions [3] Group 2: Company Overview - LIXTE is focused on developing new cancer therapies, with LB-100 being a first-in-class PP2A inhibitor that has shown good tolerance in cancer patients [4] - The company claims that LB-100 has the potential to improve outcomes for patients undergoing various chemotherapies or immunotherapies, supported by a comprehensive patent portfolio [4]
LIXTE Adds Northwestern University's Lurie Cancer Center as Second Site in Ongoing Clinical Trial for Ovarian Clear Cell Cancer
Newsfilter· 2025-02-25 13:30
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has initiated a clinical trial combining its compound LB-100 with GSK's immunotherapy Dostarlimab to treat ovarian clear cell cancer, with the first patient dosed at the Lurie Cancer Center [1][2][3]. Group 1: Clinical Trial Details - The clinical trial is led by Dr. Emily M. Hinchcliff at the Lurie Cancer Center, a National Cancer Institute-designated Comprehensive Cancer Center [2]. - Patient recruitment is currently underway, and the trial aims to assess the effectiveness of combining LB-100 with Dostarlimab in treating ovarian clear cell carcinoma, a condition with significant unmet medical needs [3]. - The trial was initially launched in January 2024 at The University of Texas MD Anderson Cancer Center, directed by Dr. Amir Jazaeri [3]. Group 2: Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing new cancer therapies, with its lead compound LB-100 being a first-in-class PP2A inhibitor [4]. - LB-100 has shown potential to improve outcomes for patients undergoing various chemotherapies or immunotherapies, supported by extensive preclinical data [4]. - The company operates in a unique field of cancer biology known as activation lethality, and it holds a comprehensive patent portfolio to protect its innovations [4].
LIXTE Adds Northwestern University’s Lurie Cancer Center as Second Site in Ongoing Clinical Trial for Ovarian Clear Cell Cancer
Globenewswire· 2025-02-25 13:30
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has initiated a clinical trial combining its compound LB-100 with GSK's immunotherapy Dostarlimab to treat ovarian clear cell cancer, with the first patient dosed at the Lurie Cancer Center [1][2][3]. Group 1: Clinical Trial Details - The clinical trial is led by Dr. Emily M. Hinchcliff at the Lurie Cancer Center, a National Cancer Institute-designated Comprehensive Cancer Center [2]. - Patient recruitment is currently underway, and the trial aims to assess the effectiveness of combining LB-100 with Dostarlimab in treating ovarian clear cell carcinoma, which has a high unmet medical need [3]. - The trial was initially launched in January 2024 at The University of Texas MD Anderson Cancer Center, directed by Dr. Amir Jazaeri [3]. Group 2: Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing new cancer therapies, with its lead compound LB-100 being a first-in-class PP2A inhibitor [4]. - LB-100 has shown potential to improve outcomes for patients undergoing various chemotherapies or immunotherapies, supported by extensive preclinical data [4]. - The company operates in a unique field of cancer biology known as activation lethality, with a comprehensive patent portfolio protecting its innovations [4].
LIXTE Biotechnology Announces Closing of $1.05 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-02-13 15:35
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has successfully closed a registered direct offering of 434,784 shares of common stock at a price of $2.415 per share, along with a concurrent private placement of unregistered warrants [1][2]. Group 1: Offering Details - The total gross proceeds from the offering amount to approximately $1,050,000, before deducting fees and expenses [2]. - The warrants issued in the private placement allow for the purchase of up to 434,784 shares at an exercise price of $2.29 per share, exercisable for five years [1][2]. Group 2: Regulatory and Compliance Information - The shares were offered under a "shelf" registration statement filed with the SEC, which became effective on May 2, 2024 [3]. - The warrants and the underlying shares have not been registered under the Securities Act, limiting their sale in the U.S. without an effective registration statement or applicable exemption [4]. Group 3: Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing cancer therapies, particularly its lead clinical compound, LB-100, which is a first-in-class PP2A inhibitor [6]. - LB-100 has shown potential to improve outcomes for patients undergoing various cancer treatments and is part of a new treatment paradigm in cancer biology [6].
LIXTE Biotechnology Announces $1.05 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Newsfilter· 2025-02-11 13:42
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has announced a registered direct offering of 434,784 shares of common stock at a price of $2.415 per share, along with a concurrent private placement of unregistered warrants to purchase the same number of shares at an exercise price of $2.29 per share, expected to raise approximately $1.05 million in gross proceeds [1][2]. Group 1: Offering Details - The offering consists of 434,784 shares of common stock priced at $2.415 per share, with a concurrent issuance of warrants at an exercise price of $2.29 per share, exercisable for five years [1]. - The expected gross proceeds from the offering are approximately $1.05 million, before deducting fees and expenses [2]. - The closing of the offering is anticipated to occur on or about February 12, 2025, subject to customary closing conditions [1]. Group 2: Regulatory and Legal Information - The shares are being offered under a "shelf" registration statement on Form S-3, which became effective on May 2, 2024 [3]. - The warrants are issued in a private placement and have not been registered under the Securities Act, meaning they cannot be offered or sold in the U.S. without an effective registration statement or applicable exemption [4]. Group 3: Company Overview - LIXTE Biotechnology Holdings, Inc. is a clinical-stage pharmaceutical company focused on developing cancer therapies, particularly its lead clinical compound LB-100, which has shown potential in improving outcomes for patients undergoing chemotherapy or immunotherapy [6]. - LB-100 is part of a new treatment paradigm in cancer biology known as activation lethality, and the company holds a comprehensive patent portfolio for its innovative approach [6].
LIXTE Biotechnology Submits Request for Withdrawal of Form S-1 Registration Statement
Newsfilter· 2025-02-10 22:00
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has withdrawn its Registration Statement for a public offering, indicating a shift in its funding strategy at this time [1]. Company Overview - LIXTE Biotechnology Holdings, Inc. is a clinical-stage pharmaceutical company focused on developing new cancer therapies [3]. - The company’s lead clinical candidate, LB-100, is a first-in-class PP2A inhibitor that has shown good tolerance in cancer patients and potential to enhance outcomes during chemotherapy or immunotherapy [3]. - LIXTE operates in a unique area of cancer biology known as activation lethality, with no known competitors and a comprehensive patent portfolio [3]. - Ongoing proof-of-concept clinical trials are part of LIXTE's innovative approach to cancer treatment [3].