Moleculin(MBRX)

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Moleculin Announces Online Publication of Preclinical Data Demonstrating Significant Activity of Annamycin in Venetoclax Resistant AML Model
Prnewswire· 2024-12-11 13:00
Abstract published as part of the American Society of Hematology (ASH) Annual MeetingStudy shows Annamycin effectively targets both Cytarabine (Ara-C) and Venetoclax resistant acute myeloid leukemia (AML) cell lines from heavily pretreated relapsed/refractory primary AML patients in vitroLack of apparent cardiotoxicity, improved organotropism, synergy with Ara-C, and possible immune-memory reinforcing properties appear to contribute to the favorable performance of Annamycin in clinical settingsSuch preclini ...
New Findings Show Moleculin's Annamycin Overcomes Resistance to Venetoclax in AML
Prnewswire· 2024-11-18 13:15
Core Insights - Annamycin shows significant activity in overcoming resistance to Venetoclax in acute myeloid leukemia (AML), with a 60% complete remission (CR) rate in patients previously treated with Venetoclax regimens, which is over four times higher than historical rates [1][2][4] Company Developments - Moleculin Biotech, Inc. is advancing Annamycin in a Phase 3 pivotal trial named MIRACLE, targeting relapsed or refractory AML patients, with patient treatment expected to begin in Q1 2025 [6][9] - Annamycin has received Fast Track Status and Orphan Drug Designation from the FDA for relapsed or refractory AML, as well as Orphan Drug Designation from the European Medicines Agency [7] Clinical Trial Results - Preliminary data from the MB-106 trial indicate a median overall survival of 11.6 months for subjects receiving Annamycin plus Ara-C as second-line therapy, and 9.1 months for those with a wider range of prior therapies [4][6] - The CR/CRi rate for patients treated with Annamycin in the MB-106 trial was reported at 60%, significantly higher than the 12.5% rate for standard salvage therapy in similar patient populations [2][4] Expert Commentary - Experts emphasize the need for better treatment options for AML patients who relapse after Venetoclax, highlighting Annamycin's potential to improve outcomes for these high-risk patients [2][5]
Moleculin Accelerates Planned Unblinded Data Readout for MIRACLE Phase 3 R/R Acute Myeloid Leukemia (AML) Pivotal Trial to H2 2025
Prnewswire· 2024-11-14 13:15
Core Viewpoint - Moleculin Biotech, Inc. has amended its clinical trial protocol for the Phase 3 "MIRACLE" trial evaluating Annamycin in combination with Cytarabine for treating relapsed or refractory acute myeloid leukemia (AML), aiming for accelerated approval and earlier data unblinding [1][2][8] Company Overview - Moleculin Biotech, Inc. is a late-stage pharmaceutical company focused on developing drug candidates for hard-to-treat tumors and viruses, with its lead program Annamycin targeting relapsed or refractory AML and soft tissue sarcoma [7][8] Clinical Trial Details - The MIRACLE trial will utilize an adaptive design, initially randomizing 75 to 90 subjects to receive high dose cytarabine combined with either placebo or two different doses of Annamycin (190 mg/m2 and 230 mg/m2) as recommended by the FDA [3][4] - The amended protocol allows for the unblinding of preliminary primary efficacy data and safety/tolerability results at 45 subjects, with expectations to reach this number in the second half of 2025 [3][5] - Part B of the trial will involve approximately 244 additional subjects randomized to receive either HiDAC plus placebo or HiDAC plus the optimum dose of Annamycin, with the optimum dose determined based on safety, pharmacokinetics, and efficacy [4] Regulatory Status - Annamycin has received Fast Track Status and Orphan Drug Designation from the FDA for treating relapsed or refractory AML, as well as Orphan Drug Designation from the European Medicines Agency for the same condition [6]
Moleculin Receives Institutional Review Board Approval for MIRACLE Phase 3 Pivotal Trial of Annamycin in Combination with Cytarabine for the Treatment of R/R Acute Myeloid Leukemia (AML)
Prnewswire· 2024-11-12 13:00
Core Viewpoint - Moleculin Biotech, Inc. is advancing its pivotal Phase 3 clinical trial, named the "MIRACLE" trial, for Annamycin in combination with cytarabine for treating relapsed or refractory acute myeloid leukemia (AML), with the first subject expected to be treated in Q1 2025 [1][2]. Company Overview - Moleculin Biotech, Inc. is a late-stage pharmaceutical company focused on developing drug candidates for hard-to-treat tumors and viruses, with Annamycin as its lead program targeting relapsed or refractory AML and soft tissue sarcoma [4][5]. Clinical Trial Details - The MIRACLE trial has received Institutional Review Board (IRB) approval and will include global sites, with an initial adaptive design involving 75 to 90 subjects randomized to receive high-dose cytarabine combined with either placebo or two different doses of Annamycin [1][2]. - The trial will consist of two parts: Part A will determine the optimum dose of Annamycin, while Part B will randomize approximately 240 additional subjects to receive either high-dose cytarabine plus placebo or the optimum dose of Annamycin [2][5]. Regulatory Status - Annamycin has received Fast Track Status and Orphan Drug Designation from the FDA for treating relapsed or refractory AML, as well as Orphan Drug Designation from the European Medicines Agency (EMA) [3]. Future Development - The company is also developing WP1066, an immune/transcription modulator targeting various cancers, and WP1122, an antimetabolite for potential treatment of pathogenic viruses and certain cancer indications [6].
Moleculin(MBRX) - 2024 Q3 - Quarterly Results
2024-11-12 12:30
Financial Performance - The net loss for the three months ended September 2024 was $10,592,000, compared to a net loss of $5,609,000 for the same period in 2023, indicating an increase in losses of 88.5%[20] - The net loss per common share for the three months ended September 2024 was $(2.85), slightly higher than $(2.82) for the same period in 2023[20] - Total operating expenses for the three months ended September 2024 were $7,135,000, compared to $5,947,000 for the same period in 2023, reflecting a 19.9% increase[20] - Interest income for the three months ended September 2024 was $102,000, a decrease from $324,000 for the same period in 2023, representing a decline of 68.5%[20] - Other income, net for the three months ended September 2024 was $9,000, down from $13,000 for the same period in 2023, a decrease of 30.8%[20] - The total loss from operations for the nine months ended September 2024 was $19,998,000, compared to $20,712,000 for the same period in 2023, showing a slight improvement of 3.4%[20] Research and Development - Research and development (R&D) expense increased to $4.9 million for Q3 2024, up from $3.3 million in Q3 2023, primarily due to clinical trial costs[9] - Research and development expenses for the three months ended September 2024 were $4,932,000, an increase from $3,280,000 for the same period in 2023, representing a 50.3% increase[20] - Annamycin has received Fast Track Status and Orphan Drug Designation from the FDA for R/R AML treatment[4] - The company plans to present final data from the Phase 2 study of Annamycin for soft tissue sarcoma lung metastases in 2025[8] Clinical Trials - The company is on track to start dosing in the pivotal Phase 3 MIRACLE trial in Q1 2025, aimed at treating relapsed or refractory acute myeloid leukemia (R/R AML) with Annamycin and cytarabine[1] - The median durability of complete response composite (CRc) in the MB-106 trial has exceeded 8 months[2] - The MIRACLE trial will initially randomize approximately 75 to 90 subjects to receive high dose cytarabine combined with either placebo or Annamycin[6] - Expected milestones for the MIRACLE trial include first subject treated in Q1 2025 and interim efficacy data unblinded in 2H 2026[7] Financial Position - As of September 30, 2024, the company had cash and cash equivalents of $9.4 million, expected to fund operations into Q1 2025[10] - The company closed a financing of $5.5 million, with potential additional gross proceeds of up to $11.0 million upon the exercise of milestone-linked warrants[3] Administrative Expenses - General and administrative expense decreased to $2.2 million in Q3 2024 from $2.6 million in Q3 2023, reflecting a reduction in regulatory and legal fees[10]
Moleculin Reports Third Quarter 2024 Financial Results and Provides Corporate Update
Prnewswire· 2024-11-11 12:05
- On track to start dosing in pivotal, adaptive Phase 3 clinical trial (the "MIRACLE" trial) designed for possible accelerated approval of Annamycin in combination with cytarabine for the treatment of R/R AML in Q1 2025- Median durability of CRc in MB-106 Annamycin+ Cytarabine AML clinical trial continues to climb - now past 8 months - Recent virtual AML KOL event underscores how Annamycin could significantly change the AML treatment landscape; Replay available here - Company to host conference call and web ...
Moleculin to Report Third Quarter 2024 Financial Results on November 8, 2024 and Host Conference Call and Webcast
Prnewswire· 2024-11-05 14:00
Company Overview - Moleculin Biotech, Inc. is a late-stage pharmaceutical company focused on developing drug candidates for hard-to-treat tumors and viruses [3] - The company's lead program, Annamycin, is a next-generation anthracycline aimed at avoiding multidrug resistance and reducing cardiotoxicity associated with current treatments [3] Financial Results Announcement - Moleculin will report its financial results for the quarter ended September 30, 2024, on November 8, 2024 [1] - A conference call and live audio webcast will be held on November 11, 2024, at 8:30 AM ET to discuss these results [1][2] Clinical Trials and Development - The company is initiating the MIRACLE Trial (MB108), a pivotal Phase 3 trial evaluating Annamycin in combination with cytarabine for relapsed or refractory acute myeloid leukemia (AML) [4] - Following a successful Phase 1B/2 study, Moleculin believes it has reduced the risks associated with the development pathway for Annamycin's approval [4] Additional Drug Development - Moleculin is also developing WP1066, an immune/transcription modulator targeting brain tumors and pancreatic cancers [5] - The company is working on a portfolio of antimetabolites, including WP1122, for potential treatment of pathogenic viruses and certain cancer indications [5]
Moleculin Appoints Leading Expert in Pancreatic Cancer to its Scientific Advisory Board to Support Development of Annamycin
Prnewswire· 2024-11-04 13:30
Strong preclinical evidence of Annamycin's potential for treating pancreatic cancer presented at AACR expands collaborationHOUSTON, Nov. 4, 2024 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (Moleculin or the Company), a late stage pharmaceutical company with a broad portfolio of drug candidates targeting hard-to-treat tumors and viruses, today announced the appointment of Daniel D. Von Hoff, M.D., F.A.C.P., FASCO, FAACR to its Annamycin Scientific Advisory Board.Walter Klemp, Chairman and Chief E ...
Moleculin to Present at Two Upcoming Investor Conferences
Prnewswire· 2024-10-04 13:00
HOUSTON, Oct. 4, 2024 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a late stage pharmaceutical company with a broad portfolio of drug candidates targeting hard-totreat tumors and viruses, today announced its participation at two upcoming investor conferences. Details of the upcoming presentations are as follows: 3rd Annual ROTH Healthcare Opportunities Conference Format: Panel - Innovative Therapies for Liquid Tumors The panel will cover the drugs in development by ...
Moleculin Announces Positive In Vivo Efficacy Data of Annamycin in Orthotopic and Experimental Lung Metastatic Models of Sarcoma
Prnewswire· 2024-09-23 12:00
Data recently presented at the International Association for the Study of Lung Cancer (IASLC) 2024 World Conference on Lung Cancer Treatment with Annamycin results in statistically significant inhibition of tumor growth and extension of survival in orthotopic lung cancer models Annamycin continues to be 100% non-cardiotoxic HOUSTON, Sept. 23, 2024 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a broad portfolio of drug can ...