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Greenwich LifeSciences Announces European Approval for Use of Commercially Manufactured GP2 in FLAMINGO-01

(Moderate)
(Positive)
Tags

Greenwich LifeSciences (Nasdaq: GLSI) reported that the European Medicines Agency has approved use of its commercially manufactured GP2 lot in the Phase III FLAMINGO-01 trial. FDA had already allowed this lot in the US, where 40-50 sites are treating patients. Global sites have risen from 160 to about 170-180, all expected to use the same GP2 lot.

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Positive

  • EMA allows use of commercially manufactured GP2 lot in FLAMINGO-01 Europe
  • FDA previously cleared the same GP2 lot for FLAMINGO-01 in the US
  • Approximately 40-50 US sites supplied with commercial GP2 vials and treating patients
  • Global FLAMINGO-01 sites increased from 160 to about 170-180
  • First three commercial GP2 lots can prepare approximately 200,000 doses

Negative

  • None.

Market reaction after FLAMINGO-01 trial supply update: GLSI +3.71% in the Jul 9 session

+3.71%
1 alert
+3.71% Session close to close
$276.98M Market Cap
0.1x Rel. Volume

In the Jul 9 session, GLSI gained 3.71%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

EMA’s decision allowing the same commercial GP2 lot in FLAMINGO-01 across 170-180 sites marks a key ...
Analysis

EMA’s decision allowing the same commercial GP2 lot in FLAMINGO-01 across 170-180 sites marks a key operational milestone. Prior GLSI news often moved the stock sharply; funding needs and going-concern language remain important risks to monitor.

Key Figures

Commercial GP2 lots: 3 lots GP2 dose capacity: approximately 200,000 doses GP2 vial lot: 1st commercial lot in 2024 +5 more
8 metrics
Commercial GP2 lots 3 lots First three GP2 active-ingredient lots manufactured in 2023
GP2 dose capacity approximately 200,000 doses Prepared from first three commercial GP2 active-ingredient lots
GP2 vial lot 1st commercial lot in 2024 First commercial lot filling GP2 into vials in 2024
Stability lots 4 lots Drug stability programs initiated for all four commercial GP2 lots
US GP2 vial approval timing early 2026 FDA approval of first commercial GP2 vial lot for FLAMINGO-01 in US
US trial sites approximately 40-50 sites US FLAMINGO-01 sites supplied with commercially manufactured GP2 vials
Global trial sites (before) 160 sites Total FLAMINGO-01 clinical sites prior to recent expansion
Global trial sites (after) approximately 170-180 sites Current FLAMINGO-01 clinical sites in US and Europe

Historical Context

5 past events · Latest: Jun 01 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 01 Phase III data update Positive +8.9% ASCO 2026 open-label immune response data from FLAMINGO-01 non-HLA-A*02 arm.
Jun 01 10-K filing update Neutral +8.9% Update on delayed 2025 Form 10-K, cash of $10.5M, payables reduction.
May 22 Nasdaq notice Negative -0.9% Nasdaq non-compliance notice due to late Form 10-Q for Q1 2026.
Apr 30 10-K timing update Neutral +9.3% Auditors expect completion of 2025 10-K and Q1 10-Q by end of May.
Apr 23 ASCO abstract acceptance Positive -5.1% ASCO 2026 abstract acceptance for FLAMINGO-01 injection site reaction data.

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

Pattern Detected

Over recent months, GLSI news has usually been met with positive price moves, with only one notable selloff on an ASCO abstract acceptance.

Key Terms

european medicines agency, ema, fda, immunotherapy
4 terms
european medicines agency regulatory
"The European Medicines Agency (EMA) has completed their review"
The European Medicines Agency is the central drug regulator that evaluates and authorizes medicines for use across the European Union and related countries, similar to a referee or safety inspector who checks that a medicine is safe and effective before it can be sold. Its decisions matter to investors because approvals, rejections, or safety warnings directly affect a drug maker’s ability to sell products, generate revenue, and face legal or reputational risks, which in turn influence stock value.
ema regulatory
"The European Medicines Agency (EMA) has completed their review"
Exponential moving average (EMA) is a type of trend line that smooths a stream of recent price data while giving more weight to the newest prices, similar to how a spotlight focuses more on what's happening now than what happened long ago. Investors use EMAs to see whether a stock’s short-term direction is changing, to compare fast and slow averages for momentum signals, and to help time entries, exits, and risk controls without overreacting to random day-to-day noise.
View in glossary
fda regulatory
"Data on these commercial lots was submitted to the FDA, and after review"
The FDA is the U.S. federal agency that evaluates and approves medical drugs, devices, biological therapies and certain foods; think of it as the gatekeeper that decides whether a medical product is safe and effective for patients. For investors, FDA decisions determine whether a company can sell a product, affect expected revenue and introduce regulatory risk, so approvals, rejections or safety warnings can quickly move a company's valuation and stock price.
immunotherapy medical
"GLSI-100, an immunotherapy to prevent breast cancer recurrences"
Treatment that uses or enhances the body’s immune system to detect and fight disease, most often cancers or chronic infections; think of it as training or arming the body’s own soldiers to find and destroy targets. It matters to investors because successful immunotherapies can lead to high-value drug approvals, recurring revenue from long-term treatments, and changes in competitive dynamics, while failures or safety issues in clinical trials can materially affect company valuations.

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

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STAFFORD, Texas, July 09, 2026 (GLOBE NEWSWIRE) -- Greenwich LifeSciences, Inc. (Nasdaq: GLSI) (the "Company"), a clinical-stage biopharmaceutical company focused on its Phase III clinical trial, FLAMINGO-01, which is evaluating GLSI-100, an immunotherapy to prevent breast cancer recurrences, today provided the following update on the use of commercially manufactured GP2 in FLAMINGO-01 in Europe.

All European and US Sites to Treat Patients with Commercially Manufactured GP2

The Company previously announced that the first three commercial lots of GP2 active ingredient were manufactured in 2023 in an approved commercial facility, which could be used to prepare approximately 200,000 doses of GP2. In 2024, the first commercial lot filling GP2 into vials for commercial sale or for clinical use was manufactured in a commercial facility. In addition, drug stability programs were initiated for all four lots. Data on these commercial lots was submitted to the FDA, and after review, the first commercial lot of GP2 vials was approved for use in FLAMINGO-01 in the US in early 2026. All approximately 40-50 US sites have been supplied with commercially manufactured GP2 vials and have begun treating patients with these vials. We were able to efficiently distribute the GP2 vials and communicate with the US pharmacists working with our warehouse partners and through our clinical team, which we internalized in Q4 2025.

The European Medicines Agency (EMA) has completed their review and will also allow use of the same commercially manufactured GP2 lot in FLAMINGO-01 in Europe. Thus, all clinical sites in the US and Europe, which have increased from 160 sites to approximately 170-180 sites, are expected to be using the same lot with shipments to European pharmacies already under way. We are now seeking approval to use this lot in the UK and Canada in separate and independent regulatory processes.

About FLAMINGO-01 Open Label Phase III Data

More than 1,300 patients have been screened with a current screen rate of approximately 800 patients per year. The 250 patient non-HLA-A*02 arm is now fully enrolled, where all patients received GLSI-100, which is 5 times more treated patients and recurrence rate data than the approximately 50 patients treated in the Phase IIb trial. The Primary Immunization Series (PIS), which includes the first 6 GLSI-100 injections over the first 6 months and is required to reach peak protection, is followed by 5 booster injections given every 6 months to prolong the immune response, thereby providing longer-term protection.

  • In the non-HLA-A*02 arm, a preliminary analysis of recurrence rates after the PIS is completed shows an approximately 70-80% reduction in recurrence rate.
  • This observation is trending similarly to the Phase IIb trial results and hazard ratio where HLA-A*02 patients were treated and where breast cancer recurrences were reduced up to 80% compared to a 20-50% reduction in recurrence rate by other approved products.
  • The immune response at baseline prior to any GLSI-100 treatment, the increasing immune response during the PIS, and the safety profile of non-HLA-A*02 patients is trending similarly to the HLA-A*02 arms of FLAMINGO-01 and to the Phase IIb study.
    • The AACR Meeting 2026 delayed-type-hypersensitivity (DTH) poster and the ASCO Meeting 2026 injection site reaction (ISR) poster can be seen and downloaded at the bottom of the Phase III clinical trial tab on the Company's website here.
    • As shown in both posters the frequency of DTH and ISR reactions increased statistically significantly over time.
    • As reported in Table 1 of each poster, each HLA-A type exhibited more frequent immune reactivity after treatment with GLSI-100 than at baseline.
    • Baseline DTH reaction prior to any treatment suggests that GP2 may be a natural antigen and that GP2 specific T cells may exist in some patients prior to any treatment with GLSI-100. Baseline immune response to GP2 prior to any vaccination with GP2 was also observed in the Phase IIb trial and is being observed in the blinded randomized arms of FLAMINGO-01, where HLA-A*02 only patients are being vaccinated.

Analysis of the open label data from FLAMINGO-01 has been conducted in a manner that maintains the study blind. The open label recurrence rate, immune response, and safety data is based on the patients enrolled to date in FLAMINGO-01 and the data provided by the clinical sites so far, which is not completed or fully reviewed, and is thus preliminary. While comparing any preliminary FLAMINGO-01 data to the Phase IIb clinical trial data may be possible, these preliminary results are not a prediction of future results, and the results at the end of the study may differ.

About GLSI-100 Phase IIb Study

In the prospective, randomized, single-blinded, placebo-controlled, multi-center (16 sites led by MD Anderson Cancer Center) Phase IIb clinical trial of HLA-A*02 breast cancer patients, 46 HER2/neu 3+ over-expressor patients were treated with GLSI-100, and 50 placebo patients were treated with GM-CSF alone. After 5 years of follow-up, there was an 80% or greater reduction in cancer recurrences in the HER2/neu 3+ patients who were treated with GLSI-100, followed, and remained disease free over the first 6 months, which we believe is the time required to reach peak immunity and thus maximum efficacy and protection. The Phase IIb posters and results can be summarized as follows and can be seen here:

  • 80% or greater reduction in metastatic breast cancer recurrence rate over 5 years of follow-up with a peak immune response at 6 months and well-tolerated safety profile.
  • The PIS elicited a potent immune response as measured by local skin tests and immunological assays.

About FLAMINGO-01 and GLSI-100

FLAMINGO-01 (NCT05232916) is a Phase III clinical trial designed to evaluate the safety and efficacy of Fast Track designated GLSI-100 (GP2 + GM-CSF) in HER2 positive breast cancer patients who had residual disease or high-risk pathologic complete response at surgery and who have completed both neoadjuvant and postoperative adjuvant trastuzumab based treatment. The trial is led by Baylor College of Medicine and currently includes US and European clinical sites from university-based hospitals and academic and cooperative networks with plans to open up to 170-180 sites globally.

For more information on FLAMINGO-01, please visit the Company's website here and clinicaltrials.gov here. Contact information and an interactive map of the majority of participating clinical sites can be viewed under the "Contacts and Locations" section. Please note that the interactive map is not viewable on mobile screens. Related questions and participation interest can be emailed to: flamingo-01@greenwichlifesciences.com

About Breast Cancer and HER2/neu Positivity

One in eight U.S. women will develop invasive breast cancer over her lifetime, with approximately 300,000 new breast cancer patients and 4 million breast cancer survivors. HER2 (human epidermal growth factor receptor 2) protein is a cell surface receptor protein that is expressed in a variety of common cancers, including in 75% of breast cancers at low (1+), intermediate (2+), and high (3+ or over-expressor) levels.

About Greenwich LifeSciences, Inc.

Greenwich LifeSciences is a clinical-stage biopharmaceutical company focused on the development of GP2, an immunotherapy to prevent breast cancer recurrences in patients who have previously undergone surgery. GP2 is a 9 amino acid transmembrane peptide of the HER2 protein, a cell surface receptor protein that is expressed in a variety of common cancers, including expression in 75% of breast cancers at low (1+), intermediate (2+), and high (3+ or over-expressor) levels. Greenwich LifeSciences has commenced a Phase III clinical trial, FLAMINGO-01. For more information on Greenwich LifeSciences, please visit the Company's website at www.greenwichlifesciences.com and follow the Company's Twitter at https://twitter.com/GreenwichLS.

Forward-Looking Statement Disclaimer

Statements in this press release contain "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will," "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Greenwich LifeSciences Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including statements regarding the intended use of net proceeds from the public offering; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section entitled "Risk Factors" in Greenwich LifeSciences' Annual Report on the most recent Form 10-K for the year ended December 31, 2025, and other periodic reports filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Greenwich LifeSciences, Inc. undertakes no duty to update such information except as required under applicable law.

Company Contact
Snehal Patel
Investor Relations
Office: (832) 819-3232
Email: info@greenwichlifesciences.com

Investor & Public Relations Contact for Greenwich LifeSciences
Dave Gentry
RedChip Companies Inc.
Office: 1-800-RED CHIP (733 2447)
Email: dave@redchip.com


FAQ

What did Greenwich LifeSciences (GLSI) announce on July 9, 2026 about GP2 in FLAMINGO-01?

Greenwich LifeSciences announced EMA approval to use a commercially manufactured GP2 lot in FLAMINGO-01 across Europe. According to Greenwich LifeSciences, this follows prior FDA clearance for US use and supports consistent drug supply across all participating trial sites.

How many FLAMINGO-01 trial sites are using the same GP2 lot for GLSI?

All US and European FLAMINGO-01 sites are expected to use the same commercial GP2 lot. According to Greenwich LifeSciences, global sites have grown from 160 to approximately 170-180, with shipments to European pharmacies already underway.

How many GP2 doses were produced for Greenwich LifeSciences’ FLAMINGO-01 trial (GLSI)?

Three commercial GP2 active ingredient lots can prepare approximately 200,000 doses for FLAMINGO-01 and future use. According to Greenwich LifeSciences, these lots underwent stability programs, with data supporting regulatory reviews in the US and Europe.

When did FDA and EMA allow commercial GP2 vials for GLSI’s FLAMINGO-01 trial?

FDA approved the first commercial GP2 vial lot for FLAMINGO-01 use in early 2026, followed by EMA review completion. According to Greenwich LifeSciences, EMA will also allow this same GP2 lot to be used in European trial sites.

Are more countries beyond the US and Europe being pursued for GP2 use in FLAMINGO-01 (GLSI)?

Yes, Greenwich LifeSciences is seeking approval to use the commercial GP2 lot in the UK and Canada. According to Greenwich LifeSciences, these are separate and independent regulatory processes beyond existing US and European clearances.