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Akari Therapeutics Builds Momentum for AKTX-101 with Compelling Urothelial Cancer Data Supporting Differentiated ADC Strategy

(Positive)
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Akari Therapeutics (Nasdaq: AKTX) reported new preclinical data for AKTX-101, a TROP2-targeted antibody-drug conjugate (ADC) carrying its novel PH1 RNA spliceosome-modulating payload, in urothelial cancer models representing metastatic disease and ADC-resistant tumors.

AKTX-101 showed statistically significant anti-tumor activity in the UM-UC-14 metastatic urothelial carcinoma model, where Padcev (enfortumab vedotin) had limited responsiveness, and slowed growth of tumors that had developed resistance to the first-generation TROP2 ADC Trodelvy (sacituzumab govitecan). According to Akari, these results support the potential of PH1 to address payload-specific resistance and enable differentiated ADC sequencing strategies as ADC use expands. The company is advancing IND-enabling work for AKTX-101, targeting a Phase 1 clinical trial start in mid-2027, and is pursuing additional tumor-specific programs and collaborations to broaden its PH1 payload platform.

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Positive

  • AKTX-101 showed statistically significant anti-tumor activity in the UM-UC-14 metastatic urothelial cancer model, where Padcev had limited responsiveness
  • AKTX-101 slowed tumor growth in models that had acquired resistance to the first-generation TROP2 ADC Trodelvy
  • Preclinical findings support Akari’s PH1 RNA spliceosome-modulating payload as a way to address payload-specific ADC resistance and enable sequencing strategies
  • Akari is advancing IND-enabling activities for AKTX-101 with a planned Phase 1 trial start in mid-2027 and is expanding PH1 platform programs and collaborations

Negative

  • All AKTX-101 results disclosed are preclinical, and the first Phase 1 trial is only planned for mid-2027, indicating a multi-year timeline before any potential clinical efficacy data

Market Context

The effective S-3/A is a resale registration by existing holders, and Akari receives no proceeds fro...
Analysis

The effective S-3/A is a resale registration by existing holders, and Akari receives no proceeds from those resales. For this preclinical announcement, clinical validation remains the key risk; IND-enabling execution and Phase 1 timing warrant monitoring.

Key Figures

Padcev annual sales: >$3.5B Planned clinical stage: Phase 1 Planned trial timing: mid-2027
3 metrics
Padcev annual sales >$3.5B Urothelial cancer ADC market reference
Planned clinical stage Phase 1 AKTX-101 planned clinical development in mid-2027
Planned trial timing mid-2027 Target timing for initiating the AKTX-101 Phase 1 trial

Historical Context

5 past events · Latest: Aug 13 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 13 2Q26 earnings report Positive +7.7% Quarterly results, financing, collaboration, and AKTX-101 development progress
Aug 04 Strategic update Positive +5.8% CEO discussion highlighted WhiteHawk collaboration and PH1 payload applications
Jul 21 Research collaboration Positive -12.8% WhiteHawk collaboration initiated dual-payload ADC preclinical research
Jul 07 Leadership change Positive +42.0% Patricia LoRusso joined the Scientific Advisory Board
Jun 29 Public offering Negative -9.7% Company completed $5.5 million PIPE financing and warrant exercises

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Historical reactions were aligned with the categorized news sentiment in four of five events; the Whitehawk collaboration was the sole divergence.

Key Terms

adc, spliceosome, ind-enabling, topoisomerase i, +1 more
5 terms
adc medical
"antibody drug conjugates (ADCs) with novel RNA splicing modulator payloads"
An antibody-drug conjugate (ADC) is a targeted cancer medicine that pairs an antibody that recognizes specific markers on tumor cells with a potent cell-killing drug, connected so the toxic payload is delivered directly to the cancer. For investors, ADCs matter because successful ADCs can improve patient outcomes and reduce side effects compared with traditional chemotherapy, shaping clinical trial success, regulatory approval chances, commercial demand, and a company’s valuation much like a guided missile versus a general bomb.
spliceosome medical
"Akari’s novel PH1 RNA spliceosome-modulating payload"
A spliceosome is a cellular molecular machine that edits raw messenger RNA by cutting out noncoding segments and joining the remaining pieces so genes produce the correct proteins. Think of it as an editor or scissors that shapes the final instructions a cell uses. It matters to investors because drugs or tests that affect or measure spliceosome activity can change disease outcomes, create new therapies, or serve as biomarkers, influencing biotech valuations and clinical prospects.
ind-enabling regulatory
"Akari advancing IND-enabling activities for AKTX-101"
Ind-enabling describes the preclinical tests and safety work a drug candidate must pass before a company can ask regulators for permission to start human trials (an Investigational New Drug or IND filing). Think of it as the mechanical inspection and crash-testing a prototype car needs before it can legally be driven on public roads; for investors, successful ind-enabling work reduces technical and regulatory risk and makes clinical progress and potential value creation more likely.
topoisomerase i medical
"associated with the Topoisomerase I payload"
An enzyme that helps cells manage DNA’s twisting and untangling during copying and repair by cutting and resealing the strands — like a tiny molecular ‘untangler’ that prevents knots when DNA is duplicated. It matters to investors because drugs that block this enzyme can selectively kill fast‑growing cancer cells, so clinical trial results, patents, or regulatory decisions around topoisomerase I inhibitors can meaningfully affect biotech valuations and potential revenue.
trop2 medical
"the Company's proprietary TROP2-targeted ADC"
Trop2 is a protein found on the surface of many cancer cells that acts like a visible flag doctors and drugmakers can use to find and attack tumors. It matters to investors because drugs designed to bind Trop2 can deliver treatment directly to cancer cells, affecting how well a therapy works, which patients it helps, and the potential market and regulatory value of companies developing those targeted treatments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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AKTX-101 demonstrated robust anti-tumor activity across multiple clinically relevant urothelial cancer preclinical models

Data supports the potential of Akari’s novel PH1 RNA spliceosome-modulating payload to overcome payload-specific resistance

Results strengthen the rationale for a differentiated ADC sequencing strategy as ADC use expands across oncology and more patients require treatment following relapse

Akari advancing IND-enabling activities for AKTX-101 toward planned Phase 1 clinical development in mid-2027

TAMPA, Fla. and LONDON, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), an oncology biotechnology company developing antibody drug conjugates (ADCs) with novel RNA splicing modulator payloads, today announced new preclinical data demonstrating the potential of AKTX-101, the Company's proprietary TROP2-targeted ADC utilizing its novel PH1 RNA spliceosome modulating payload, as a differentiated therapeutic approach for urothelial cancer in disease settings where currently available ADC therapies may have limited clinical benefit.

The findings demonstrated meaningful anti-tumor activity across multiple clinically relevant urothelial cancer preclinical models including advanced urothelial cancer with limited response to currently approved ADC therapy, and tumors with acquired resistance following treatment with a first-generation TROP2-directed ADC. Collectively, the data provide additional validation for Akari's strategy of developing ADCs with a differentiated payload mechanism designed to address emerging limitations associated with existing ADC payload classes, such as microtubule and topoisomerase 1 inhibitors.

"ADC therapies have transformed the treatment landscape across oncology, but the next wave of innovation will require advances beyond conventional payloads classes used with currently approved ADCs," said Abizer Gaslightwala, President and Chief Executive Officer of Akari Therapeutics. "As ADCs continue moving earlier in the treatment paradigm, more patients will ultimately require additional treatment following relapse, thus creating an urgent need for differentiated payload technologies capable of overcoming resistance and enabling effective ADC payload sequencing strategies. We believe our proprietary PH1 RNA spliceosome modulating payload has the potential to address this important challenge, and these new preclinical findings further strengthen our confidence in AKTX-101 as we advance the program toward Phase 1 development."

Urothelial cancer has become one of the fastest-growing categories for ADC therapy, with Padcev® (enfortumab vedotin) representing > $3.5B in annual sales. Despite these advances, patients that relapse after receiving PADCEV® continue to face significant unmet medical needs and limited treatment options. As the use of ADCs expands, developing novel payload mechanisms capable of maintaining anti-tumor activity following prior ADC exposure has become an increasingly important priority across the oncology field.

In Akari’s most recent preclinical studies, AKTX-101 demonstrated encouraging activity across multiple urothelial cancer models designed to evaluate its potential therapeutic profile across different clinical settings, including:

  • Demonstrated statistically significant anti-tumor activity in the UM-UC-14 advanced urothelial carcinoma model, which represents metastatic urothelial cancer, a setting where Padcev® (enfortumab vedotin) is currently approved as first-line therapy. While Padcev® had limited responsiveness on the tumor in this model, AKTX-101 achieved statistically significant tumor growth inhibition compared with vehicle, supporting the potential of its differentiated payload mechanism in settings where current ADC payloads may have reduced effectiveness.
  • Demonstrated encouraging activity following acquired resistance to the first-generation TROP2-directed ADC Trodelvy® (sacituzumab govitecan). Tumors initially treated with Trodelvy subsequently developed resistance and resumed growth. When these resistant tumors were switched from Trodelvy to AKTX-101, tumor growth was again slowed, suggesting that resistance was associated with the Topoisomerase I payload, and that the AKTX-101 PH1 payload mechanism of disrupting RNA splicing can be effective in this resistant setting. These findings support the potential for AKTX-101's novel PH1 payload to provide therapeutic benefit following prior treatment with first-generation TROP2 ADCs in several areas where these ADCs are currently approved, including potentially breast and lung cancers.

"One of the most important questions facing the ADC field today is how best to treat patients after progression on prior ADC therapies," said Satyajit Mitra, Ph.D., Head of Oncology R&D at Akari Therapeutics. "The activity we observed in tumors that have developed resistance to Trodelvy is particularly encouraging because it suggests resistance may be driven by the payload rather than loss of the TROP2 target itself. These findings provide compelling support for our hypothesis that introducing a differentiated payload mechanism may overcome payload-specific resistance while preserving target tumor engagement, reinforcing the potential of our PH1 platform to address an increasingly important unmet need in oncology."

Akari continues to advance IND-enabling activities for AKTX-101 with the goal of initiating a Phase 1 clinical trial in mid-2027. The Company is also expanding development opportunities for its proprietary PH1 payload platform through additional tumor-specific programs and strategic collaborations designed to maximize the platform's long-term clinical and commercial potential.

About Akari Therapeutics

Akari Therapeutics is an oncology biotechnology company developing next-generation antibody drug conjugates (ADCs) with a unique payload, PH1, which targets RNA splicing. Utilizing its innovative ADC discovery platform, the Company has the ability to generate ADC candidates and optimize them based on the desired application to any antigen target of interest. Akari’s lead candidate, AKTX-101, targets the Trop2 receptor on cancer cells with a proprietary linker, enabling it to deliver its novel PH1 payload directly into the tumor with minimal off-target effects. Unlike current ADCs that use microtubule inhibitors and DNA-damaging agents as their payloads, PH1 is a novel payload that is a spliceosome modulator designed to disrupt RNA splicing within cancer cells. This splicing modulation has been shown in preclinical animal models to induce cancer cell death while activating both the innate and adaptive immune systems to drive robust and durable activity. In preclinical studies, AKTX-101 has been shown to have significant activity and prolonged survival relative to ADCs with traditional payloads. Additionally, AKTX-101 has the potential to be synergistic with checkpoint inhibitors and has demonstrated prolonged survival as both a single agent and in combination with checkpoint inhibitors. The PH1 payload has also been demonstrated to be very active against cancer cells with key oncogenic drivers such as KRAS, BRAF, ARV7, FGFR3 fusions, and others. The Company has initiated IND enabling studies for AKTX-101 with a goal of starting its First-In-Human trial by mid-2027. Akari is also developing AKTX-102, an ADC candidate targeting CEACAM5 (Carcinoembryonic Antigen-related Cell Adhesion Molecule-5), a well-validated tumor antigen broadly expressed across multiple solid tumors. AKTX-102 is designed to leverage Akari’s proprietary PH1 spliceosome-modulating payload and a novel antibody construct to enable differentiated tumor cell killing and immune activation.

For more information about the Company, please visit www.akaritx.com and connect on X and LinkedIn.

Cautionary Note Regarding Forward-Looking Statements

This press release includes express or implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about the Company that involve risks and uncertainties relating to future events and the future performance of the Company. Actual events or results may differ materially from these forward-looking statements. Words such as “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “future,” “opportunity” “will likely result,” “target,” variations of such words, and similar expressions or negatives of these words are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Examples of such forward-looking statements include, but are not limited to, express or implied statements regarding the ability of the Company to advance its product candidates for the treatment of cancer and the timing of commencement of a Phase I clinical trial. These statements are based on the Company’s current plans, estimates and projections. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific. A number of important factors, including those described in this communication, could cause actual results to differ materially from those contemplated in any forward-looking statements. Factors that may affect future results and may cause these forward-looking statements to be inaccurate include, without limitation: the Company’s need for additional capital; the potential impact of unforeseen liabilities, future capital expenditures, revenues, costs, expenses, earnings, synergies, economic performance, indebtedness, financial condition and losses on the future prospects, business and management strategies for the management, expansion and growth of the business; risks related to global as well as local political and economic conditions, including interest rate and currency exchange rate fluctuations; potential delays or failures related to research and/or development of the Company’s programs or product candidates; risks related to any loss of the Company’s patents or other intellectual property rights; any interruptions of the supply chain for raw materials or manufacturing for the Company’s product candidates, including as a result of potential tariffs; the nature, timing, cost and possible success and therapeutic applications of product candidates being developed by the Company and/or its collaborators or licensees; the extent to which the results from the research and development programs conducted by the Company, and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; uncertainty of the utilization, market acceptance, and commercial success of the Company’s product candidates; risks related to competition for the Company’s product candidates; and the Company’s ability to successfully develop or commercialize its product candidates. While the foregoing list of factors presented here is considered representative, no list should be considered to be a complete statement of all potential risks and uncertainties. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release except as required by law.

Investor Relations Contact

JTC Team, LLC
Jenene Thomas
908-824-0775
AKTX@jtcir.com


FAQ

What did Akari Therapeutics (AKTX) announce about AKTX-101 in urothelial cancer on August 18, 2026?

Akari Therapeutics announced new preclinical data showing AKTX-101 produced anti-tumor activity in several urothelial cancer models, including metastatic and ADC-resistant settings. According to Akari, these findings support its PH1 RNA spliceosome-modulating payload as a differentiated ADC approach and justify advancing AKTX-101 toward Phase 1 development.

How did AKTX-101 perform versus Padcev in preclinical urothelial cancer models according to Akari (AKTX)?

AKTX-101 demonstrated statistically significant tumor growth inhibition in the UM-UC-14 metastatic urothelial carcinoma model, where Padcev showed limited responsiveness. According to Akari, this supports the potential of AKTX-101’s differentiated PH1 payload mechanism in disease settings where currently approved ADC payloads may have reduced effectiveness.

Does AKTX-101 show activity after resistance to Trodelvy according to Akari Therapeutics (AKTX)?

Yes. In preclinical models, tumors that developed resistance and resumed growth after Trodelvy treatment had slowed growth when switched to AKTX-101. According to Akari, this suggests resistance may be payload-driven and that PH1’s RNA splicing disruption can remain active in this resistant setting.

When does Akari Therapeutics (AKTX) plan to start the Phase 1 trial of AKTX-101?

Akari is targeting initiation of a Phase 1 clinical trial of AKTX-101 in mid-2027. According to Akari, IND-enabling activities are ongoing to support this timeline as the company transitions the TROP2-targeted ADC from preclinical studies toward first-in-human evaluation.

How could AKTX-101 fit into ADC sequencing strategies for urothelial cancer patients treated with prior ADCs?

Akari’s preclinical data suggest AKTX-101 may retain activity where tumors show limited response or acquired resistance to existing ADCs like Padcev and Trodelvy. According to Akari, this supports using its PH1 payload in sequencing strategies to potentially overcome payload-specific resistance.

What is Akari Therapeutics’ PH1 RNA spliceosome-modulating payload platform?

PH1 is Akari’s proprietary RNA spliceosome-modulating payload used in ADCs such as AKTX-101. According to Akari, PH1 is designed to disrupt RNA splicing, providing a differentiated payload mechanism and potential benefits after prior ADC exposure, and is being expanded into additional tumor-specific programs and collaborations.

Which cancers might benefit from AKTX-101 beyond urothelial cancer, based on Akari (AKTX) preclinical findings?

Akari notes that PH1’s activity after resistance to first-generation TROP2 ADCs could be relevant where these ADCs are approved, including breast and lung cancers. According to Akari, AKTX-101’s novel payload may offer therapeutic benefit following prior TROP2-directed ADC treatment in these indications.