Activation lethality
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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 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 Biotechnology Holdings Makes $2.6 Million Initial Purchase of Digital Currency to Diversify Treasury and for Potential Acquisitions
Globenewswire· 2025-09-10 20:05
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. is diversifying its treasury by purchasing cryptocurrencies, specifically 10.5 Bitcoin and 300 Ethereum, totaling approximately $2.6 million, which now constitutes about 43.6% of its treasury holdings [2][3]. Group 1: Cryptocurrency Strategy - The company has received approval from its Board of Directors to increase its cryptocurrency allocation to up to 50% of its treasury [2]. - The addition of Bitcoin and Ethereum is part of a strategy to build a balanced digital asset portfolio that complements cash holdings [3]. - The company aims to enhance its adaptability and long-term growth in the digital economy through this diversification [3]. Group 2: Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing new cancer therapies, particularly its lead compound, LB-100, which has shown promise in enhancing chemotherapy and immunotherapy outcomes [4][5]. - The company is engaged in pioneering research in cancer biology, specifically in the area of activation lethality, and is currently conducting proof-of-concept clinical trials for various cancer types [5].
LIXTE Biotechnology Holdings Appoints Two New Board Members and New Chief Financial Officer
Globenewswire· 2025-09-03 12:00
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has relocated its corporate headquarters to Boca Raton, Florida, and appointed new board members and a Chief Financial Officer to strengthen its operations and strategic direction [1][2][4]. Company Developments - The company has appointed Lourdes Felix and Guy Primus to its Board of Directors, while Peter Stazzone has been named Chief Financial Officer [1][2]. - Stazzone brings over 20 years of financial management experience, having served as CFO for several companies, and is expected to guide corporate transformations and financial processes at LIXTE [5]. - Felix will chair LIXTE's Audit Committee, bringing over 30 years of experience in management and corporate finance [6]. - Primus has a 30-year track record in technology-driven organizations and has held senior positions at notable companies like Starbucks and Microsoft [7]. Strategic Implications - The relocation to Florida is aimed at enhancing operational efficiency in a business-friendly environment, which is expected to reduce costs and create long-term value for shareholders [4]. - The new leadership team is anticipated to evaluate new business opportunities and strengthen the company's mission in developing cancer therapies [3]. Product Focus - LIXTE is focused on developing a new class of cancer therapy, specifically its lead compound LB-100, which has shown potential in enhancing chemotherapy and immunotherapy [8][9]. - LB-100 is part of a pioneering effort in cancer biology, with ongoing proof-of-concept clinical trials for various cancer types [9].
LIXTE Biotechnology Holdings Provides Corporate Update
Globenewswire· 2025-08-18 12:00
Core Insights - LIXTE Biotechnology Holdings, Inc. has completed two financings, raising a total of $6.5 million, which has allowed the company to regain compliance for continued listing on Nasdaq [1][3] - The company has announced management changes, including the appointment of Geordan Pursglove as Chairman and CEO, and the addition of two new independent board members [1][3] - Recent findings published in the journal Nature validate LIXTE's ongoing clinical trials with its lead compound, LB-100, for treating ovarian and colorectal cancer [1][2][3] Financing Activities - LIXTE completed a private placement with accredited investors, raising approximately $5 million, and a registered direct offering, raising approximately $1.5 million [3] - The proceeds from these financings will be used for general corporate purposes and working capital [3] Management Changes - Geordan Pursglove was appointed as Chairman and CEO in June 2025, succeeding Bas van der Baan, who became President and Chief Scientific Officer [3] - Jason Sawyer and Michael Holloway, MD, joined LIXTE's Board as independent directors in July 2025 [3] Scientific Developments - The publication in Nature highlights that patients with tumors having inactivating mutations in PPP2R1A showed significantly better overall survival when treated with immune checkpoint blockade therapy [2][3] - LIXTE has initiated a new pre-clinical study in collaboration with the Netherlands Cancer Institute to test the efficacy of LB-100 on "initiated" cells carrying mutations found in cancer cells [3] Product Pipeline - LIXTE's lead compound, LB-100, is a first-in-class PP2A inhibitor that is well-tolerated in cancer patients and has the potential to enhance chemotherapy and immunotherapy [4][5] - Clinical trials are currently in progress for Ovarian Clear Cell Carcinoma, Metastatic Colon Cancer, and Advanced Soft Tissue Sarcoma [5]
LIXTE Biotechnology Holdings Regains Compliance with Nasdaq’s Continued Listing Requirements
Globenewswire· 2025-07-16 12:05
Core Viewpoint - LIXTE Biotechnology Holdings, Inc. has regained compliance with Nasdaq's Listing Rule 5550(b)(1) after successfully closing a $5.0 million placement and a $1.5 million registered direct offering, ensuring its continued listing on the Nasdaq Capital Market [1][2]. Company Overview - LIXTE is a clinical-stage pharmaceutical company focused on developing and commercializing cancer therapies, particularly targeting new areas in cancer drug development [3][4]. - The company's lead clinical compound, LB-100, is a first-in-class PP2A inhibitor that has shown promise in enhancing chemotherapies and immunotherapies for cancer patients [3][4]. Financial Health - The recent capital raises of $5.0 million and $1.5 million have bolstered the company's financial position, allowing it to meet the minimum equity requirement of $2.5 million for Nasdaq compliance [1][2]. - CEO Geordan Pursglove emphasized the company's commitment to maintaining its Nasdaq listing and improving its financial health while pursuing clinical trials for various cancers [3]. Clinical Development - LIXTE is currently conducting proof-of-concept clinical trials for ovarian clear cell carcinoma, metastatic colon cancer, and advanced soft tissue sarcoma [4]. - The company is pioneering a new treatment paradigm in cancer biology known as activation lethality, supported by a comprehensive patent portfolio [4].
Lixte Biotechnology Holdings, Inc. Announces the Closing of $1.5 Million Registered Direct Offering
Globenewswire· 2025-07-08 20:05
Core Viewpoint - Lixte Biotechnology Holdings, Inc. has successfully closed a registered direct offering, raising approximately $1.5 million through the sale of shares of Common Stock and Pre-Funded Warrants [1][3]. Group 1: Offering Details - The offering included the sale of 974,026 shares of Common Stock or Pre-Funded Warrants, with a public offering price of $1.54 per share [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised [2]. - The gross proceeds from the transaction amounted to approximately $1.5 million, and the transaction closed on July 8, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering, along with existing cash, are expected to be used for general corporate purposes and working capital [3]. Group 3: Company Overview - Lixte Biotechnology Holdings, Inc. is a clinical-stage pharmaceutical company focused on developing new cancer therapies, particularly its lead clinical compound, LB-100, which has shown potential in enhancing chemotherapies and immunotherapies [6][7]. - LB-100 is part of a new treatment paradigm in cancer biology known as activation lethality, and proof-of-concept clinical trials are currently underway for various cancer types [7].