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BioLineRx and Hemispherian Announce New GLIX1 Data Demonstrating Potent Anti-Tumor Effect in Glioblastoma (GBM) Across Multiple In-Vivo Studies, Including a Temozolomide (TMZ)-Resistant Model with Patient-Derived Xenografts

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BioLineRx (NASDAQ: BLRX) and Hemispherian reported new preclinical data on GLIX1 in glioblastoma (GBM). Orally administered GLIX1 showed dose-dependent anti-tumor activity in three orthotopic cell-derived xenograft models, with tumor growth inhibition and survival benefit across all doses.

In a new subcutaneous temozolomide (TMZ)-resistant patient-derived xenograft model, GLIX1 produced a robust anti-tumor effect while TMZ showed no effect, supporting the ongoing Phase 1/2a trial in recurrent and progressive GBM and other high-grade gliomas.

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AI-generated analysis. Not financial advice.

Positive

  • GLIX1 showed dose-dependent anti-tumor activity in three orthotopic GBM CDX models
  • Tumor growth inhibition and survival benefit observed across all GLIX1 dose levels
  • GLIX1 demonstrated robust anti-tumor effect in TMZ-resistant GBM PDX model
  • Temozolomide showed no effect in the TMZ-resistant PDX model while GLIX1 did
  • Preclinical dose-response data may help optimize dosing in the Phase 2 component
  • New results further support the ongoing Phase 1/2a GLIX1 GBM trial

Negative

  • Evidence so far is preclinical; clinical efficacy outcomes for GLIX1 are not yet reported
  • Phase 1/2a GLIX1 trial for recurrent GBM and high-grade gliomas is still in early stages

News Market Reaction – BLRX

-5.90% 50.5x vol
12 alerts
-5.90% News Effect
+21.1% Peak Tracked
-28.5% Trough Tracked
-$783K Valuation Impact
$12.49M Market Cap
50.5x Rel. Volume

On the day this news was published, BLRX declined 5.90%, reflecting a notable negative market reaction. Argus tracked a peak move of +21.1% during that session. Argus tracked a trough of -28.5% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $783K from the company's valuation, bringing the market cap to $12.49M at that time. Trading volume was exceptionally heavy at 50.5x the daily average, suggesting significant selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Share price: $2.795 Daily move: -6.21% Volume: 27,468 shares +5 more
8 metrics
Share price $2.795 Prior to GLIX1 preclinical data release
Daily move -6.21% 24h price change before news
Volume 27,468 shares Today vs 20-day average 27,795
52-week high $7.7699 BLRX 52-week trading range
52-week low $2.15 BLRX 52-week trading range
Market cap $12,967,044 Pre-news market capitalization
Cash balance $20.9 million Cash on hand in 2025 results, runway into H1 2027
2025 net loss $2.0 million Net loss 2025 vs $9.2 million in 2024

Market Reality Check

Price: $3.29 Vol: Volume 27,468 is roughly ...
normal vol
$3.29 Last Close
Volume Volume 27,468 is roughly in line with the 20-day average of 27,795, suggesting no unusual trading activity ahead of this update. normal
Technical Shares at $2.795 are trading below the 200-day MA $3.19 and sit about 64.03% under the $7.7699 52-week high.

Peers on Argus

While BLRX was down 6.21%, peers showed mixed moves: MTVA up 70.27000188827515%,...
2 Up

While BLRX was down 6.21%, peers showed mixed moves: MTVA up 70.27000188827515%, EDSA up 6.150000169873238%, and others like PRTG down 10.39%. This divergence points to stock-specific trading rather than a uniform biotech move.

Historical Context

5 past events · Latest: Apr 28 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Apr 28 Clinical trial update Positive +17.7% First patient dosed in Phase 1/2a GLIX1 GBM trial.
Apr 08 Clinical trial start Positive +1.3% Hemispherian initiated first-in-human Phase 1/2a GLIX1 trial.
Mar 26 Clinical trial start Positive -2.1% BioLineRx announced initiation of GLIX1 Phase 1/2a GBM study.
Mar 23 Earnings and update Positive -12.4% 2025 results with $20.9M cash and reduced net loss vs 2024.
Mar 16 Earnings date notice Neutral -4.1% Announcement of date and call for 2025 annual results.
Pattern Detected

Recent GLIX1 clinical trial headlines often produced positive but inconsistent price reactions, while earnings-related items have sometimes seen negative follow-through.

Recent Company History

Over the last few months, BLRX has focused on advancing GLIX1 for glioblastoma. On Mar 26, 2026, it initiated the Phase 1/2a study, followed by Hemispherian’s trial initiation update on Apr 8, 2026 and first-patient-dosed news on Apr 28, 2026, which saw a 17.73% gain. The Mar 23, 2026 2025 results highlighted $20.9 million in cash and reduced net loss yet coincided with a -12.45% move. Today’s preclinical data further build the GLIX1 story against this backdrop.

Market Pulse Summary

The stock moved -5.9% in the session following this news. The decline reflects a divergence between ...
Analysis

The stock moved -5.9% in the session following this news. The decline reflects a divergence between encouraging preclinical data and existing market skepticism. Shares were already 64.03% below the $7.7699 52-week high and trading under the $3.19 200-day MA, suggesting a fragile technical backdrop. Past GLIX1 updates have sometimes led to gains, like the 17.73% move on first-patient dosing, but other catalysts and earnings news saw negative reactions, underscoring execution and funding risks that could weigh on sentiment.

Key Terms

glioblastoma (gbm), orthotopic cell-derived xenograft (cdx), patient-derived xenograft (pdx), temozolomide (tmz), +2 more
6 terms
glioblastoma (gbm) medical
"GLIX1's potential to address the high unmet need for patients with GBM"
An aggressive primary brain tumor that grows quickly and damages surrounding brain tissue, often with poor prognosis and limited effective treatments. It matters to investors because the high unmet medical need makes successful therapies commercially valuable and regulatory outcomes or clinical trial results can sharply change a biotech or pharmaceutical company’s prospects—think of it like a fast-moving weed in a garden that’s hard to remove and creates strong demand for a reliable solution.
orthotopic cell-derived xenograft (cdx) medical
"robust anti-tumor activity in orthotopic cell-derived xenograft (CDX) GBM models"
An orthotopic cell-derived xenograft (CDX) is a laboratory model where cultured human cancer cells are implanted into the same organ location of an animal (usually a mouse) to grow a tumor that mimics the human disease. Investors should care because these models give drug developers a more realistic test of a therapy’s effectiveness and safety before human trials, helping to reduce risk and inform decisions about which programs to fund—like testing a seed in the same type of soil it will be planted in.
patient-derived xenograft (pdx) medical
"subcutaneous TMZ-resistant patient-derived xenograft (PDX) GBM model"
A patient-derived xenograft (PDX) is a laboratory model created by implanting a small piece of a human tumor into an immune-compromised animal, most often a mouse, so the cancer can grow in a living system. Investors care because PDX models are used to test whether experimental drugs shrink real human tumors before expensive clinical trials, serving like a dress rehearsal that can help predict success, reduce risk, and guide which drug candidates move forward.
temozolomide (tmz) medical
"including a Temozolomide (TMZ)-resistant model with patient-derived xenografts"
Temozolomide (TMZ) is an oral chemotherapy drug used mainly to treat certain brain cancers; it works by damaging the genetic instructions that cancer cells use to divide, causing them to stop reproducing. For investors, TMZ matters because its approvals, patent status, manufacturing capacity, pricing, and competition affect drug company revenues and clinical trial prospects; think of it as a key product whose market performance and regulatory fate can influence a pharmaceutical maker’s financial outlook.
phase 1/2a medical
"recently initiated Phase 1/2a clinical trial evaluating GLIX1"
Phase 1/2a is an early stage in testing new medicines or treatments, combining two steps into one process. It helps researchers quickly assess whether a treatment is safe and shows signs of working, while also gathering initial information on the best dosage. For investors, this stage indicates how close a potential new therapy is to becoming available and its initial safety profile.
dna damage repair medical
"multiple other cancer indications where DNA damage repair is critical"
DNA damage repair is the set of natural cellular processes that find and fix breaks or errors in the genetic blueprint so cells can function normally—think of a repair crew patching cracks in an important instruction manual. For investors, these pathways matter because drugs or tests that boost, block, or track repair activity can become medical treatments, diagnostic tests, or biomarkers that drive revenue, regulatory decisions, and company valuations.

AI-generated analysis. Not financial advice.

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New preclinical data further demonstrate GLIX1's robust efficacy in a dose-dependent manner, with strong anti-tumor activity observed even at the lowest doses tested

Results highlight GLIX1's potential to address the high unmet need for patients with GBM

TEL AVIV, Israel and OSLO, Norway, May 19, 2026 /PRNewswire/ -- BioLineRx Ltd. (NASDAQ: BLRX) (TASE: BLRX), a clinical development stage biopharmaceutical company pursuing life-changing therapies in oncology and rare diseases, and Hemispherian AS, a clinical-stage oncology company developing novel small molecule therapeutics, today announced highly encouraging new preclinical data that further support the recently initiated Phase 1/2a clinical trial evaluating GLIX1 for the treatment of recurrent and progressive GBM and other high-grade gliomas.

BioLineRx Ltd logo

 

Hemispherian AS logo

 

GBM remains one of the most aggressive and treatment-resistant cancers, urgently in need of breakthrough innovations and more effective treatment.

In a comprehensive pre-clinical program, orally administered GLIX1 demonstrated robust anti-tumor activity in orthotopic cell-derived xenograft (CDX) GBM models, as well as in a newly completed subcutaneous TMZ-resistant patient-derived xenograft (PDX) GBM model. In the three orthotopic CDX studies, significant tumor growth inhibition and survival benefit were observed following treatment with GLIX1 across all doses tested, with greater benefit at higher dose levels. In these models, mice treated with TMZ also showed significantly decreased tumor volume and survival benefit. Most notably, in the subcutaneous PDX model, GLIX1 demonstrated a robust anti-tumor effect while TMZ showed no effect.

"The compelling results from these studies, including the recently completed TMZ-resistant PDX model, are very exciting as they suggest that GLIX1 may bring hope to a broad range of patients with GBM," said Philip Serlin, Chief Executive Officer of BioLineRx. "In addition, the pre-clinical dose-response characterization adds important information for dose optimization in the Phase 2 part of the ongoing clinical study. We believe GLIX1 has the potential to offer a novel therapeutic approach in this cancer indication, as well as in multiple other cancer indications where DNA damage repair is critical for cancer survival."

BioLineRx and Hemispherian plan to present the data from these studies at one or more future medical conferences.

About Glioblastoma
Glioblastoma is the most common primary brain tumor and remains one of the most aggressive and treatment-resistant cancers, urgently in need of breakthrough innovations and more effective treatment. The standard of care for newly diagnosed GBM established since 2005 consists of surgery, followed by radiotherapy and treatment with temozolomide (TMZ), with no established standard of care for recurrent GBM. However, patients with unmethylated MGMT[1] promoter status (who represent more than half of all GBM patients) have demonstrated a limited response to TMZ. 

About GLIX1
GLIX1 is a first-in-class, orally administered, brain penetrating, small molecule activator of the Ten-Eleven Translocation 2 (TET2) pathway that is commonly inhibited in cancer. Activating the novel TET2 pathway by GLIX1 overwhelms the DNA repair capacity of cancer cells, resulting in apoptotic cancer cell death.

About the Phase 1/2a Trial with GLIX1
The Phase 1/2a trial is an open-label, multicenter trial. Part 1 of the trial is a dose escalation study where patients receive GLIX1 daily as monotherapy. This part is expected to recruit up to 30 patients with recurrent and progressive GBM and other high-grade gliomas. The primary objective is to establish a maximum tolerated dose (MTD) and/or a recommended dose based on safety, PK/PD and preliminary efficacy. Updates to the Phase 1/2a trial are anticipated during H2 2026, with full results on the dose escalation part expected in 2027.

The Phase 2a expansion part of the trial is planned to include additional indications, including newly diagnosed GBM, as well as select cancers, with GLIX1 as monotherapy or in combination with standard of care (including in combination with PARP inhibitors). These cohorts are expected to identify preliminary efficacy, PD assessments and dose optimization data, serving as the basis for a rapid and effective advanced clinical development plan.

For more information on the Phase 1/2a trial, please visit NCT07464925.

[1] MGMT stands for O6-methylguanine-DNA methyltransferase, a DNA repair enzyme.

About Hemispherian
Hemispherian AS is a clinical-stage pharmaceutical company developing first-in-class small-molecule cancer therapies. Its lead program, GLIX1, is being advanced in partnership with BioLineRx for the treatment of glioblastoma and a broad range of solid tumors.

The company is headquartered in Oslo, Norway, and collaborates with leading academic and clinical institutions worldwide.

Learn more at www.hemispherian.com or on LinkedIn.

About BioLineRx
BioLineRx Ltd. (NASDAQ/TASE: BLRX) is a biopharmaceutical company pursuing life-changing therapies in oncology and rare diseases. The Company's lead development asset is GLIX1, a first-in-class, oral, small molecule targeting DNA damage response in glioblastoma and other solid tumors, for which a Phase 1/2a clinical trial has been initiated in the first quarter of 2026. GLIX1 is being developed under a collaboration with Hemispherian AS.

The Company's first approved product, APHEXDA® (motixafortide), is indicated in the U.S. for stem cell mobilization for autologous transplantation in multiple myeloma, and is being commercialized by Ayrmid Ltd. (globally, except Asia) and Gloria Biosciences (in Asia). BioLineRx has retained the rights to develop motixafortide in solid tumors, including metastatic pancreatic cancer (PDAC), and has a Phase 2b PDAC trial currently ongoing under a collaboration with Columbia University.

Learn more about who we are, what we do, and how we do it at www.biolinerx.com, or on LinkedIn.

Forward Looking Statement
Various statements in this release concerning BioLineRx's future expectations constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," and "would," and describe opinions about future events. These include statements regarding management's expectations, beliefs and intentions regarding, among other things, the expectations with regard to the planned Phase 1/2a GLIX1 clinical trial, expected timing of a clinical readout, and BioLineRx's business strategy. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of BioLineRx to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause BioLineRx's actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the clinical development, commercialization and market acceptance of GLIX1 and motixafortide including the degree and pace of market uptake of APHEXDA for the mobilization of hematopoietic stem cells for autologous transplantation in multiple myeloma patients; the initiation, timing, progress and results of BioLineRx's preclinical studies, clinical trials and other therapeutic candidate development efforts; BioLineRx's ability to advance GLIX1 and motixafortide into clinical trials or to successfully complete its preclinical studies or clinical trials; whether the clinical trial results for GLIX1 and motixafortide will be predictive of real-world results; BioLineRx's receipt of regulatory approvals for GLIX1 and motixafortide and the timing of other regulatory filings and approvals; whether access to GLIX1 and motixafortide is achieved in a commercially viable manner and whether GLIX1 and motixafortide receives adequate reimbursement from third.-party payors; BioLineRx's ability to establish, manage, and maintain corporate collaborations, as well as the ability of BioLineRx's collaborators to execute on their development and commercialization plans; BioLineRx's ability to integrate new therapeutic candidates and new personnel, as well as new collaborations; the interpretation of the properties and characteristics of BioLineRx's therapeutic candidates and of the results obtained with its therapeutic candidates in preclinical studies or clinical trials; the implementation of BioLineRx's business model and strategic plans for its business and therapeutic candidates; the scope of protection that BioLineRx's is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; estimates of BioLineRx's expenses, future revenues, capital requirements and its need for and ability to access sufficient additional financing; risks related to changes in healthcare laws, rules and regulations in the United States or elsewhere; competitive companies, technologies and BioLineRx's industry; BioLineRx's ability to maintain the listing of its ADSs on Nasdaq; statements as to the impact of the political and security situation in Israel on BioLineRx's business which may exacerbate the magnitude of the factors discussed above. These and other factors are more fully discussed in the "Risk Factors" section of BioLineRx's most recent annual report on Form 20-F filed with the Securities and Exchange Commission on March 23, 2026. In addition, any forward-looking statements represent BioLineRx's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. BioLineRx does not assume any obligation to update any forward-looking statements unless required by law.

Logo - https://mma.prnewswire.com/media/2154863/BioLineRx_Ltd_Logo.jpg
Logo - https://mma.prnewswire.com/media/2966446/Hemispherian.jpg

Contacts:

For BioLineRx:
United States
Chuck Padala 
LifeSci Advisors, LLC 
IR@biolinerx.com

Israel
Moran Meir 
LifeSci Advisors, LLC 
moran@lifesciadvisors.com

For Hemispherian AS:
Zeno Albisser, CEO 
zeno@hemispherian.com

Cision View original content:https://www.prnewswire.com/news-releases/biolinerx-and-hemispherian-announce-new-glix1-data-demonstrating-potent-anti-tumor-effect-in-glioblastoma-gbm-across-multiple-in-vivo-studies-including-a-temozolomide-tmz-resistant-model-with-patient-derived-xenografts-302775997.html

SOURCE BioLineRx Ltd.; Hemispherian AS

FAQ

What did BioLineRx (BLRX) announce about GLIX1 preclinical data in glioblastoma on May 19, 2026?

BioLineRx announced new preclinical data showing GLIX1 had robust, dose-dependent anti-tumor activity in multiple GBM models. According to BioLineRx, these results support the ongoing Phase 1/2a trial in recurrent and progressive GBM and other high-grade gliomas.

How did GLIX1 perform in temozolomide-resistant GBM models according to BioLineRx (BLRX)?

GLIX1 showed a robust anti-tumor effect in a subcutaneous TMZ-resistant patient-derived xenograft GBM model, while TMZ showed no effect. According to BioLineRx, this suggests GLIX1 may help address GBM cases that do not respond to temozolomide.

What types of GBM models were used to evaluate GLIX1 in the BioLineRx (BLRX) studies?

GLIX1 was evaluated in three orthotopic cell-derived xenograft GBM models and a subcutaneous TMZ-resistant patient-derived xenograft model. According to BioLineRx, these in-vivo studies showed tumor growth inhibition and survival benefit across all GLIX1 doses tested.

How might the new GLIX1 data impact the ongoing Phase 1/2a trial for BioLineRx (BLRX)?

The new data provide dose-response characterization and evidence of anti-tumor activity in GBM models. According to BioLineRx, this information may support dose optimization in the Phase 2 part of the current Phase 1/2a GLIX1 clinical study.

What unmet medical need in glioblastoma could GLIX1 from BioLineRx (BLRX) address?

GLIX1 is being developed for recurrent and progressive GBM, one of the most aggressive and treatment-resistant cancers. According to BioLineRx, the preclinical results highlight GLIX1’s potential to help patients with high unmet need in GBM and other high-grade gliomas.

Will BioLineRx (BLRX) and Hemispherian present the new GLIX1 GBM data at medical conferences?

BioLineRx and Hemispherian plan to present the GLIX1 GBM preclinical data at one or more future medical conferences. According to the companies, these presentations will cover the in-vivo CDX and TMZ-resistant PDX study findings.