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Akari Therapeutics Reports Breakthrough Preclinical Data Demonstrating Synergistic Activity of AKTX-101 with KRAS Inhibition in KRAS-Mutated Pancreatic Cancer Models

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Akari Therapeutics (Nasdaq: AKTX) reported positive preclinical data for its TROP2-targeting ADC AKTX-101 using the novel RNA spliceosome-modulating payload PH1 in KRAS-mutated pancreatic cancer models.

AKTX-101 combined with KRAS inhibitor adagrasib showed synergistic cytotoxicity in KRAS G12D and G12C cell lines, unlike comparator TROP2 ADCs with topoisomerase I payloads, which appeared antagonistic. Akari has begun IND-enabling studies and is aiming to start a Phase 1 trial by mid-2027.

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AI-generated analysis. Not financial advice.

Positive

  • AKTX-101 plus adagrasib shows synergistic killing in KRAS G12D and G12C models
  • Comparator topoisomerase I TROP2 ADCs showed antagonism with adagrasib, highlighting differentiation
  • Data suggest PH1 payload can degrade pre-mRNA transcripts bearing KRAS mutations
  • Preclinical synergy extends AKTX-101’s potential beyond the current Phase 1 plan
  • IND-enabling studies for AKTX-101 are underway
  • Targeted timing for a first-in-human Phase 1 trial by mid-2027

Negative

  • Results are currently limited to preclinical cancer cell and tumor models
  • First-in-human Phase 1 trial is not expected to start until mid-2027

Market Reaction – AKTX

+31.03% $6.74 28.8x vol
15m delay 28 alerts
+31.03% Since News
+53.8% Peak in 17 min
$6.74 Last Price
$3.15 $8.60 Day Range
+$1M Valuation Impact
$5.88M Market Cap
28.8x Rel. Volume

Following this news, AKTX has gained 31.03%, reflecting a significant positive market reaction. Argus tracked a peak move of +53.8% during the session. Our momentum scanner has triggered 28 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $6.74. This price movement has added approximately $1M to the company's valuation. Trading volume is exceptionally heavy at 28.8x the average, suggesting very strong buying interest.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Net loss: $14.5M Impairment – AKTX-101 IPR&D: $3.7M Impairment – goodwill: $8.4M +5 more
8 metrics
Net loss $14.5M Quarter ended March 31, 2026 (10-Q)
Impairment – AKTX-101 IPR&D $3.7M Non-cash charge in Q1 2026 (10-Q)
Impairment – goodwill $8.4M Goodwill tied to Peak Bio merger (10-Q)
Operating expenses $15.8M vs $3.5M Q1 2026 vs prior-year quarter (10-Q)
Cash and restricted cash $2.8M Balance at March 31, 2026 (10-Q)
Operating cash use $2.5M Cash used in Q1 2026 operations (10-Q)
Equity line capacity $25M Equity line with White Lion (10-Q)
Phase 1 start target Mid-2027 Planned first-in-human AKTX-101 trial from ASCO-related release

Market Reality Check

Price: $3.43 Vol: Volume 227,420 is 8.2x th...
high vol
$3.43 Last Close
Volume Volume 227,420 is 8.2x the 20-day average of 27,748, signaling heavy pre-news positioning. high
Technical Shares at $5.18 are trading well below the 200-day MA of $18.26 and 90.88% under the 52-week high.

Peers on Argus

AKTX fell 8.29% on heavy volume while close peers showed mixed moves (e.g., QTTB...
1 Up 1 Down

AKTX fell 8.29% on heavy volume while close peers showed mixed moves (e.g., QTTB -4.35%, ALLR +13.7%, LIXT +7.3%). Momentum scanner peers also split (PPCB up, NEUP down), pointing to a stock-specific move rather than a broad biotech rotation.

Historical Context

5 past events · Latest: May 18 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 18 Conference participation Neutral +0.3% Announcement of participation in A.G.P.’s healthcare showcase webcast.
May 12 Patent grant Europe Positive -40.6% European patent granted for PH1 RNA splicing modulator ADC payloads.
Apr 27 Patent grant Australia Positive -3.5% Australian patent acceptance expanding PH1 payload IP protection.
Apr 21 ASCO abstract notice Positive -1.2% ASCO 2026 abstract acceptance on AKTX-101 in KRAS-mutant tumors.
Apr 20 Preclinical efficacy data Positive +2.4% Positive preclinical cytotoxicity data for AKTX-101 versus other TROP2 ADCs.
Pattern Detected

Recent positive IP and scientific updates around AKTX-101 have often coincided with flat or negative next-day price moves, suggesting a pattern of selling into good news.

Recent Company History

Over the past two months, Akari has focused on building the AKTX-101 ADC story, highlighting IP expansion in Europe and Australia, preclinical potency data, and ASCO abstract acceptance for KRAS-mutant tumors. Despite these seemingly constructive updates, three of the last five news events with positive scientific or IP angles saw negative 24-hour price reactions, underscoring skepticism or liquidity pressure ahead of today’s ASCO-linked preclinical combination data.

Regulatory & Risk Context

Active S-3 Shelf
Shelf Active
Active S-3 Shelf Registration 2025-07-29

Akari has an active, effective Form S-3 shelf filed on Jul 29, 2025, expiring Jul 29, 2028. It has been used 2 times via 424B5 offerings, with shelf_context showing remaining capacity and prior usage, indicating an established pathway for additional equity financing alongside the separate best-efforts S-1 offering process.

Market Pulse Summary

This announcement underscores AKTX-101’s differentiated PH1 RNA splicing payload, showing synergy wi...
Analysis

This announcement underscores AKTX-101’s differentiated PH1 RNA splicing payload, showing synergy with a KRAS inhibitor in KRAS-mutated pancreatic cancer models and extending the rationale beyond the existing Phase 1 plan. Historically, Akari has paired such data with patents and conference visibility while carrying a $14.5M quarterly loss, limited $2.8M cash, and active offering programs. Investors may watch clinical start timing and future financing steps around AKTX-101.

Key Terms

adc, rna spliceosome, topoisomerase i inhibitor, ind-enabling, +2 more
6 terms
adc medical
"an oncology biotechnology company developing antibody drug conjugates (ADCs) with a novel RNA splicing"
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.
rna spliceosome medical
"An ADC with a novel RNA spliceosome modulating payload PH1 paired with a KRAS inhibitor"
A RNA spliceosome is a molecular machine inside cells that edits raw genetic messages by cutting out unwanted segments and joining the remaining pieces to make the blueprint for proteins—think of it as a film editor assembling the final cut from raw footage. Investors care because errors or deliberate targeting of this process are central to many diseases and to drug development; therapies or diagnostics that modulate splicing can create significant commercial and regulatory value.
topoisomerase i inhibitor medical
"TROP2 ADCs utilizing Topoisomerase I inhibitor payloads"
A topoisomerase I inhibitor is a drug that blocks a cellular “untangling” enzyme called topoisomerase I, which cells use to unwind and copy DNA. By preventing that untangling, the drug can stop rapidly dividing cells (like cancer cells) from reproducing and trigger cell death—think of jamming a winch that keeps a rope from being wound correctly. Investors care because such drugs can be transformative if safe and effective, but their value depends heavily on clinical trial results, side‑effect profiles, regulatory approval and patent protection.
ind-enabling regulatory
"Akari has initiated IND-enabling studies for AKTX-101 and is targeting initiation"
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.
phase 1 medical
"targeting initiation of a Phase 1 first-in-human clinical trial by mid-2027."
Phase 1 is the first stage of testing a new drug or medical treatment in people, focused primarily on safety, how the body handles the product, and finding a tolerated dose. Think of it as a short, tightly controlled experiment with a small group to check for dangerous side effects before wider testing; for investors it is an early milestone that reduces some uncertainty but still carries high risk and potential for both big value changes and setbacks.
nsclc medical
"including bladder, lung (including KRAS G12V mutated NSCLC) and breast cancers."
NSCLC stands for non-small cell lung cancer, which is the most common type of lung cancer. It develops in the lungs and can spread to other parts of the body, making it serious but often treatable if caught early. Understanding NSCLC helps people recognize the importance of lung health and early detection.

AI-generated analysis. Not financial advice.

An ADC with a novel RNA spliceosome modulating payload PH1 paired with a KRAS inhibitor demonstrates synergistic cytotoxic activity against KRAS G12D and G12C- driven pancreatic cancer models

Data supports the broader applicability of targeting RNA splicing to attack difficult-to-treat KRAS-driven cancers

Findings featured in ASCO 2026 online abstract further differentiate AKTX-101 from TROP2 ADCs utilizing Topoisomerase I inhibitor payloads

TAMPA, Fla. and LONDON, May 21, 2026 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), an oncology biotechnology company developing antibody drug conjugates (ADCs) with a novel RNA splicing modulator payload, today announced positive preclinical data featured in an online abstract released in connection with the American Society of Clinical Oncology (ASCO) Annual Meeting 2026 highlighting synergistic cytotoxic activity of AKTX-101 in combination with KRAS inhibition in KRAS-mutated pancreatic cancer models. Access the abstract here.

The data further expands the potential opportunity for Akari’s lead TROP2-targeting ADC, AKTX-101, and its proprietary RNA spliceosome-modulating payload beyond the Company’s current Phase 1 development plan and supports the broader applicability of targeting RNA splicing as a potential way to treat difficult-to-treat KRAS-driven cancers.

The ASCO abstract evaluated the activity of AKTX-101 in combination with adagrasib, a KRAS inhibitor, across pancreatic cancer cell lines harboring KRAS G12D and KRAS G12C. In these studies, the combination of AKTX-101 and adagrasib demonstrated synergistic cell killing in KRAS mutant cell lines driven by G12C and G12D. This synergistic inhibition was not observed with the comparator first-in-class topoisomerase I-targeting TROP2 ADCs. Instead, these ADCs exhibited antagonism when paired with adagrasib. These results suggest that AKTX-101 synergy with KRAS inhibitor may be linked to the novel biology of PH1 targeting RNA splicing. The synergy was explained by PH1’s unique ability target pre-mRNA transcripts for degradation, including those bearing KRAS mutations driving these cancer models.

“KRAS has long been considered one of oncology’s most important but difficult targets, and while recent KRAS inhibitors have represented meaningful progress, there remains a significant opportunity to further enhance activity and broaden therapeutic impact,” said Abizer Gaslightwala, President and Chief Executive Officer of Akari Therapeutics. “These data suggest that our PH1 RNA splicing modulator payload may offer a fundamentally differentiated mechanism capable of enhancing KRAS inhibitor activity in ways not observed with conventional ADC payloads. We believe this represents an exciting opportunity not only for AKTX-101, but potentially for RNA splicing modulation as a new therapeutic strategy across KRAS-driven tumors.”

Dr. Satyajit Mitra, Executive Director and Head of Oncology, stated, “Historically, KRAS mutations have been incredibly difficult to drug, and one may need to approach this problem with drugs of different modalities and mechanisms of action. AKTX 101 synergy with an approved drug, like adagrasib, in an unapproved KRAS setting offers exciting combination possibilities. The PH1 spliceosome modulator payload ADC has the potential to unlock efficacy of cancer therapeutics in cancers with oncogene dependency. We have previously demonstrated combination with AR-v7 oncogenes with enzalutamide and now KRAS oncogenes with adagrasib.”

The data featured in the ASCO 2026 online abstract build upon Akari’s previously reported AACR 2026 findings demonstrating differentiated cytotoxicity and superior potency of AKTX-101 versus current TROP2 ADCs utilizing Topoisomerase I inhibitor payloads across multiple tumor models, including bladder, lung (including KRAS G12V mutated NSCLC) and breast cancers.

Akari’s lead program, AKTX-101, is a TROP2-targeting ADC powered by the Company’s proprietary PH1 RNA spliceosome-modulating payload. Unlike traditional ADC payloads that primarily rely on microtubule or DNA-damaging mechanisms, PH1 is designed to disrupt RNA splicing within cancer cells while also activating innate and adaptive immune responses.

Akari has initiated IND-enabling studies for AKTX-101 and is targeting initiation of a Phase 1 first-in-human clinical trial by mid-2027.

For more information about the ASCO Annual Meeting 2026, please visit www.asco.org.

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 on May 21, 2026 about AKTX-101?

Akari Therapeutics announced positive preclinical data showing AKTX-101 plus KRAS inhibitor adagrasib produced synergistic cytotoxicity in KRAS-mutated pancreatic cancer models. According to Akari, this combination activity was observed in KRAS G12D and G12C cell lines and was not seen with comparator TROP2 ADCs.

How does AKTX-101 differ from other TROP2 antibody drug conjugates for investors in AKTX?

AKTX-101 uses Akari’s proprietary PH1 RNA spliceosome-modulating payload instead of topoisomerase I or DNA-damaging payloads. According to Akari, PH1 is designed to disrupt RNA splicing and activate immune responses, and showed distinct synergy with KRAS inhibition not observed with first-in-class TROP2 ADC comparators.

What is the significance of AKTX-101’s synergy with KRAS inhibitor adagrasib for Akari Therapeutics?

The AKTX-101 and adagrasib combination showed synergistic cell killing in KRAS G12D and G12C pancreatic cancer models. According to Akari, this suggests RNA splicing modulation with PH1 may enhance KRAS inhibitor activity and broaden opportunities across difficult-to-treat KRAS-driven tumors.

Is the AKTX-101 data announced by Akari Therapeutics in May 2026 clinical or preclinical?

The AKTX-101 results are preclinical, generated in KRAS-mutated pancreatic cancer cell and tumor models. According to Akari, these data support the mechanistic rationale for AKTX-101 and its PH1 payload but human clinical efficacy and safety have not yet been established.

When is Akari Therapeutics planning to start the AKTX-101 Phase 1 clinical trial?

Akari is targeting initiation of a first-in-human Phase 1 clinical trial of AKTX-101 by mid-2027. According to Akari, IND-enabling studies are already underway, positioning the program for a planned transition from preclinical development into early clinical testing.

Which cancer types could AKTX-101 potentially address based on Akari’s 2026 announcement?

Akari highlighted KRAS-mutated pancreatic cancer in combination with adagrasib and referenced prior data across bladder, lung and breast cancer models. According to Akari, PH1’s RNA splicing modulation may have broader applicability in KRAS-driven and other oncogene-dependent tumors, pending clinical validation.

What does the AKTX-101 preclinical announcement mean for Akari Therapeutics’ oncology pipeline?

The announcement indicates that AKTX-101 may have combination potential with KRAS inhibitors and differentiated biology versus existing TROP2 ADCs. According to Akari, these findings expand the envisioned opportunity for AKTX-101 and support moving the program toward planned Phase 1 evaluation.