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Greenwich LifeSciences, Inc. - GLSI STOCK NEWS

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Greenwich LifeSciences, Inc. (NASDAQ: GLSI) is a clinical-stage biopharmaceutical company dedicated to the development of groundbreaking immunotherapies aimed at preventing breast cancer recurrences. The company's flagship product, GP2, is an immunotherapy designed to stimulate the body's immune system to target and eliminate HER2/neu-expressing cancer cells, particularly in patients who have already undergone surgery for breast cancer.

GP2 leverages the HER2/neu transmembrane peptide to elicit a targeted immune response, providing a promising approach to cancer treatment. Another significant component of their pipeline is the GM-CSF Immunoadjuvant, which has shown potential in enhancing monocyte and neutrophil cytotoxicity against melanoma tumor cells, as well as boosting activity-dependent cellular cytotoxicity against targets coated with anti-ganglioside antibodies.

The company’s ongoing clinical trials are a testament to its commitment to innovation and excellence in cancer treatment. These trials are being conducted in collaboration with a steering committee comprising esteemed members from various medical institutions, ensuring rigorous oversight and adherence to the highest standards of clinical research.

Greenwich LifeSciences places a strong emphasis on advancing cancer immunotherapy to selectively stimulate an individual's immune system to attack cancer cells, thereby inhibiting the spread of the disease. Their work not only focuses on breast cancer but extends to other cancer types, showcasing a broad potential for impact in oncology.

With a robust pipeline, strategic partnerships, and a clear focus on unmet medical needs, Greenwich LifeSciences is poised to be a leader in the biopharmaceutical industry. Investors and stakeholders can stay updated on the latest developments and company performance through regular news updates and reports.

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Greenwich LifeSciences (NASDAQ: GLSI) has announced a partnership with GBG (German Breast Group) for its Phase III clinical trial, FLAMINGO-01. The collaboration involves approximately 38 German clinical sites, with most already approved by German authorities and initiating start-up activities in 2024.

GBG, Germany's largest breast cancer research network, includes over 1,000 doctors across 800+ centers, managing 67,000+ study participants and 3,500 new patients annually. The FLAMINGO-01 trial evaluates GLSI-100, an immunotherapy designed to prevent breast cancer recurrences in HER2+ high-risk patients.

The first German patient was randomized and treated in October 2024. This partnership is significant given that Germany reported 75,267 new breast cancer cases in 2022, representing 29% of all cancers in women, with 20,601 deaths that year.

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Greenwich LifeSciences (Nasdaq: GLSI), a clinical-stage biopharmaceutical company, announced the activation of clinical sites in France for its Phase III clinical trial, FLAMINGO-01, which evaluates GLSI-100, an immunotherapy to prevent breast cancer recurrences. The trial will involve approximately 19 French sites within the Unicancer network, the largest academic breast cancer research network in France. These sites were approved by French authorities in Q1 2024, and 15 sites have already undergone initiation visits and training in 2024, with the remaining 4 sites scheduled for start-up activities in Q1-Q2 of 2025.

Unicancer, which is dedicated to oncology, brings together 18 Cancer Centers (CLCC) and cares for nearly 530,000 patients annually. Unicancer is a leading academic sponsor of clinical trials in oncology in Europe, with 106 active clinical trials in 2020 and nearly 7,600 patients enrolled. Dr. F.C. Bidard, who serves on the FLAMINGO-01 Steering Committee and is the national Principal Investigator for France, highlighted the promise of GLSI-100 in improving outcomes for patients at high risk of relapse.

CEO Snehal Patel commented on the strategic partnership with Unicancer, emphasizing the opportunity to offer FLAMINGO-01 to patients across France efficiently.

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Greenwich LifeSciences (NASDAQ: GLSI) has announced a partnership with Gruppo Italiano Mammella (GIM), Italy's largest academic cooperative breast cancer research group, for its Phase III FLAMINGO-01 trial. Nine top GIM institutions, with over 150 participating centers and 500 investigators, will participate in testing GLSI-100, an immunotherapy to prevent breast cancer recurrences. The partnership addresses a significant medical need in Italy, where 58,160 new breast cancer cases were diagnosed in 2022, representing 30% of all female cancers. Patient enrollment has already begun at Italian sites, with Professor Grazia Arpino serving as the Italian National Principal Investigator.

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Greenwich LifeSciences (Nasdaq: GLSI), a clinical-stage biopharmaceutical company developing GLSI-100 immunotherapy for breast cancer recurrence prevention, has provided an update on its corporate events calendar. The company has participated in multiple scientific meetings, healthcare conferences, and investment events throughout 2024, including the GBG Annual Scientific Meeting, ASCO Annual Meeting, BIO International Convention, and various healthcare investment conferences. Upcoming events include the Jefferies London Healthcare Conference, San Antonio Breast Cancer Symposium, Annual Meeting of Stockholders, and conferences extending into early 2025.

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Greenwich LifeSciences (Nasdaq: GLSI) has provided an update on the expansion of its Phase III clinical trial, FLAMINGO-01, into Spain. The company has partnered with GEICAM, Spain's largest academic breast cancer research network, with 38 hospitals agreeing to participate. Approximately 30 out of 38 sites have conducted site initiation visits (SIVs), and 19 sites have been activated. Multiple sites have begun screening patients for HLA type and started treatment. The company has personally visited and trained staff at 26 out of 38 sites.

CEO Snehal Patel noted that the progress in Spain from May through July has approximately doubled the number of sites opened compared to the US. The company plans to expand the clinical trial to up to 150 sites across the US, Spain, Italy, France, Germany, and Poland.

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Greenwich LifeSciences (Nasdaq: GLSI), a clinical-stage biopharmaceutical company, announced it will rejoin the Russell 2000 and Russell 3000 Indexes. This reconstitution will take effect on July 1, 2024. GLSI is focused on its Phase III clinical trial, FLAMINGO-01, which evaluates GLSI-100, an immunotherapy for preventing breast cancer recurrences. CEO Snehal Patel noted that the inclusion in the Russell 2000 Index is anticipated to increase institutional ownership, reflecting the company's progress in expanding FLAMINGO-01 into Europe and up to 150 clinical sites globally.

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Greenwich LifeSciences (Nasdaq: GLSI) announced a private placement agreement with CEO Snehal Patel. The agreement involves the sale of 174,825 shares at $14.30 per share, totaling approximately $2.5 million. The closing is anticipated around June 18, 2024, subject to customary conditions. The proceeds will be used for clinical development and working capital. No investment banking fees are involved, and Patel has agreed to a one-year lock-up period for the acquired shares. The transaction was conducted under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, meaning the shares are not registered and can only be resold under certain conditions.

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Greenwich LifeSciences, Inc. extends lock-up period for shares owned by directors, officers, and pre-IPO investors until June 30, 2025, restricting sale of common stock. The move aims to maintain stability and confidence in the company during the Phase III clinical trial of GLSI-100, an immunotherapy for breast cancer recurrences.
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Greenwich LifeSciences, Inc. (GLSI) collaborates with GEICAM in Spain to initiate clinical sites for FLAMINGO-01 Phase III trial, targeting breast cancer prevention. GEICAM, a leading research network, will involve 38 hospitals in the study. Spain, with high breast cancer incidence, sees potential in GLSI-100 immunotherapy. Notable experts like Prof. Miguel Martin and Dr. Luis de la Cruz Merino support the innovative approach. CEO Snehal Patel highlights the importance of academic-industry alliances for successful trials.
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Greenwich LifeSciences, Inc. (GLSI) announces the expansion of its Phase III clinical trial, Flamingo-01, into Europe. The trial, evaluating GLSI-100 for breast cancer prevention, has received formal approval from Spain, France, Germany, Italy, and Poland. The activation of 105 sites across these countries is imminent, with site initiation visits scheduled for March 4, 2024. CEO Snehal Patel expresses excitement about bringing GLSI-100 to a potential patient population of 300 million in Europe.
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FAQ

What is the current stock price of Greenwich LifeSciences (GLSI)?

The current stock price of Greenwich LifeSciences (GLSI) is $12.47 as of January 15, 2025.

What is the market cap of Greenwich LifeSciences (GLSI)?

The market cap of Greenwich LifeSciences (GLSI) is approximately 159.9M.

What is Greenwich LifeSciences, Inc.?

Greenwich LifeSciences is a clinical-stage biopharmaceutical company developing immunotherapies to prevent breast cancer recurrences.

What is GP2?

GP2 is an immunotherapy designed to stimulate the immune system to target and eliminate HER2/neu-expressing cancer cells.

What does the GM-CSF Immunoadjuvant do?

The GM-CSF Immunoadjuvant enhances monocyte and neutrophil cytotoxicity against melanoma tumor cells and boosts cellular cytotoxicity.

What types of cancer is Greenwich LifeSciences targeting?

While primarily focused on breast cancer, Greenwich LifeSciences is also exploring applications for other cancer types.

Who oversees the clinical trials at Greenwich LifeSciences?

A steering committee comprising esteemed members from various medical institutions oversees the clinical trials.

What is the significance of HER2/neu in cancer treatment?

HER2/neu is a protein that can promote cancer cell growth. Targeting it with treatments like GP2 can help eliminate cancer cells.

Are there any ongoing clinical trials?

Yes, Greenwich LifeSciences is conducting ongoing clinical trials to advance their cancer treatments.

How can investors stay updated on the company?

Investors can stay informed through regular news updates and reports available on various stock market websites.

What makes Greenwich LifeSciences' approach unique?

Their unique approach involves stimulating the immune system to selectively attack cancer cells, potentially preventing cancer spread.

Where can I find more information about Greenwich LifeSciences?

More information is available on their official website and financial news platforms like StockTitan.
Greenwich LifeSciences, Inc.

Nasdaq:GLSI

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159.90M
5.91M
52.93%
8.7%
3.69%
Biotechnology
Pharmaceutical Preparations
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