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Pasithea Therapeutics Announces Positive PAS-004 Clinical Data from Phase 1 Advanced Cancer Study Presented at ESMO Congress 2026

Two patients remained on PAS-004 beyond 500 days with prolonged stable disease after prior targeted combination therapy failed.

(Very High)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Pasithea Therapeutics (Nasdaq: KTTA) reported updated Phase 1 PAS-004 cancer study data showing prolonged stable disease and preliminary safety findings. Results presented at ESMO Congress 2026 reflect 37 patients across 10 dose cohorts as of September 15, 2026, in an ongoing dose-escalation study of advanced solid tumors.

Four patients had received PAS-004 for more than 300 days; two remained on treatment beyond 500 days with prolonged stable disease. Treatment-related adverse events affected 45.9% (17 of 37), all Grade 1 or 2. No dose-limiting toxicities, treatment-related discontinuations, or MEK inhibitor-associated heart or retinal toxicities were observed. The maximum tolerated dose had not been reached. Estimated half-life was approximately 58 hours, with a peak-to-trough drug concentration ratio below 1.5 at steady state; the company said this supports long-term, once-daily dosing.

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Positive

  • Minor pointFour patients received PAS-004 for more than 300 days with prolonged stable disease.
  • Minor pointTwo patients remained on treatment beyond 500 days despite prior dabrafenib/trametinib progression in BRAF V600E-mutant melanoma.
  • Minor pointNo dose-limiting toxicities were observed; the maximum tolerated dose had not been reached.
  • Minor pointNo treatment-related discontinuations or related serious adverse events were reported.
  • Minor pointNo MEK inhibitor-associated cardiac or retinal toxicities were observed to date.
2 minor points
  • Minor point. Forward-looking: it has not happened yet and may not happen.Approximately 58-hour half-life and peak-to-trough ratio below 1.5 support chronic once-daily dosing, the company said.
  • Minor pointDrug exposure increased proportionally with dose in the dose-escalation study.

Negative

  • Minor pointTreatment-related adverse events affected 45.9% (17 of 37) patients; all were Grade 1 or 2.
  • Minor pointNausea 14%, vomiting 11%, rash 11%, increased blood creatine phosphokinase 11%, diarrhea 5% were the most common treatment-related events.
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Key Figures

Prolonged stable disease: 4 patients for >300 days Ongoing treatment: 2 patients for >500 days Enrollment: 37 patients +5 more
Prolonged stable disease
4 patients for >300 days
PAS-004 advanced-cancer study
Ongoing treatment
2 patients for >500 days
Patients with prolonged stable disease
Enrollment
37 patients
Phase 1 dose-escalation study
Treatment-related adverse events
45.9% (17 of 37); all Grade 1 or 2
Reported in the Phase 1 study
Grade ≥3 events
0
No Grade ≥3 events observed
Treatment-related discontinuations
0
No patients discontinued due to treatment-related adverse events
Half-life
~58 hours
PAS-004 pharmacokinetics
Cmax/Cmin ratio
<1.5
At steady state

Previous Clinical trial Reports

1 past event · Latest: Jun 30
Same Type 1 event
  1. Jun 30

    Phase 1 data

    24h Move
    -2.0%

    Prior interim Phase 1 results reported durable disease stabilization and favorable safety in heavily pre-treated advanced-cancer patients.

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

Key Terms

dose-limiting toxicities, maximum tolerated dose, pharmacokinetics, cmax/cmin, +1 more
5 terms
dose-limiting toxicities medical
"there have been no dose-limiting toxicities"
Dose-limiting toxicities are the harmful side effects seen in early clinical trials that are severe enough to stop researchers from raising a drug’s dose. Like a car’s speed limiter marking the safe top speed, DLTs define the maximum tolerable dose, and they matter to investors because they determine whether a medicine can reach effective levels, influence development timelines, costs, and regulatory chances, and thus affect a drug’s commercial prospects.
maximum tolerated dose medical
"the maximum tolerated dose has not been reached"
Maximum tolerated dose is the highest amount of a substance, such as a medication or chemical, that can be used without causing unacceptable side effects or harm. It’s like finding the maximum speed you can drive without risking a ticket or accident. For investors, understanding this concept helps gauge how much risk or exposure is safe or sustainable in a given situation.
pharmacokinetics medical
"the Safety and Pharmacokinetics of PAS-004"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
cmax/cmin technical
"a low Cmax/Cmin ratio of less than 1.5"
Cmax and Cmin are pharmacokinetic measurements of a drug’s concentration in blood or plasma: Cmax is the highest concentration reached after a dose (the peak), and Cmin is the lowest concentration reached during the dosing interval, typically the trough measured just before the next dose. They are measured at specific times after dosing, depend on absorption, distribution and clearance, and change between a single dose and steady‑state repeated dosing; Cmax and Cmin are used to describe exposure but do not by themselves measure clinical effect or safety.
auc medical
"AUC increased proportionally in this dose escalation study"
Area under the curve (AUC) measures the total exposure of the body to a drug over time by calculating the area beneath a plot of drug concentration versus time. For investors, AUC indicates how much of a medicine reaches and stays in the bloodstream, which affects dosing, safety and effectiveness—similar to measuring how much water flows through a pipe over a day rather than just its peak pressure.

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

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-- Prolonged Stable Disease: PAS-004 achieved prolonged stable disease in a heavily pre-treated population, with four patients on PAS-004 for more than 300 days, including two who continue on once daily PAS-004 for over 500 days despite recurrent, metastatic melanoma carrying the BRAF V600E mutation and prior progression on targeted combination therapy with dabrafenib and trametinib.

-- Long-Term Tolerability: Overall, the safety profile of PAS-004 in the heavily pre-treated advanced cancer population appears favorable. No Grade 3 treatment-related adverse events (“AEs”), no discontinuations due to treatment-related AEs, and no related serious AEs have been reported. Treatment-related AEs remain low-grade and manageable, with low rates of vomiting, nausea, diarrhea, and rash, including none reported by the four patients on-study for >300 days. None of the MEKi class effects on the heart or the retina have been reported. To date, there have been no dose-limiting toxicities, and the maximum tolerated dose has not been reached.

-- Favorable Pharmacokinetic Profile: PAS-004 demonstrated a long half-life, approximately 58 hours on average, with a low Cmax/Cmin ratio of less than 1.5. AUC increased proportionally in this dose escalation study. The flat pharmacokinetic curve with a long half-life supports long-term, chronic dosing.


MIAMI, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a clinical-stage biotechnology company developing PAS-004, a next-generation macrocyclic oral MEK inhibitor, today announced updated safety, tolerability, and preliminary efficacy data from its ongoing Phase 1 dose-escalation study of PAS-004 monotherapy in a heavily pre-treated population of patients with MAPK pathway-driven advanced solid tumors harboring RAS, NF1 or RAF mutations, including patients who have failed prior BRAF/MEK inhibitor treatment (NCT06299839). The data, reflecting durable clinical benefit, including prolonged stable disease in four patients, as well as long-term tolerability and flat pharmacokinetics, are being presented today at the ESMO Congress 2026, taking place October 23-27, 2026, in Madrid, Spain.

“The prolonged stable disease that we’re seeing in some patients across this heavily pre-treated population is highly encouraging, particularly in patients with BRAF V600E-mutant tumors who previously progressed on BRAFi monotherapy and/or BRAFi/MEKi combination therapy. The literature reports a median progression-free survival of approximately five months for combination BRAFi/MEKi rechallenge in this setting, and some patients in the BRAF-mutant subgroup are exceeding that benchmark with our MEKi monotherapy,” said Dr. Kartik Krishnan, Chief Medical Officer of Pasithea. “What makes this data especially encouraging is that we’re seeing these signals of durable clinical benefit alongside a long-term tolerability profile that continues to hold up. No patient has discontinued treatment at any dose level due to treatment-related adverse events, and we continue to observe low rates of vomiting and other GI toxicity, low rates of rash, even in patients taking PAS-004 continuously for long periods of time. A tolerability profile like this is exactly what you want to see for the long-term treatment of chronic diseases including neurofibromatosis type 1 (NF1).”

Details of the Presentation:

Title: Phase I Dose-Escalation Study of the Safety and Pharmacokinetics of PAS-004, a Macrocyclic MEK Inhibitor, for the Treatment of Patients with MAPK Pathway Driven Advanced Solid Tumors

Abstract/Poster Number: 1050P

Session: Developmental Therapeutics

Date/Time: Friday, October 23, 2026, 15:15–16:00 CEST

Key Findings (Data as of 15 September 2026):

Enrollment: 37 patients enrolled in dose escalation across 10 dose cohorts (2mg, 4mg, 8mg, 15mg, 22mg, 30mg, 37mg and 45mg capsule formulations, and 4mg and 18mg tablet formulations).

Patient Population: Heavily pre-treated population with a median of 3 prior lines of therapy (range 1–8); median age 57 years; 54.1% (n=20) female; most common tumor types were colorectal (38%, n=14), melanoma (30%, n=11) and pancreatic (16%, n=6).

BRAF-Mutant Patients: 12 patients enrolled with BRAF V600E mutations, 10 of whom previously progressed on BRAF and/or BRAF/MEK combination therapy.

Prolonged Stable Disease: Four patients have been on PAS-004 for greater than 300 days; two patients remain on treatment for more than 500 days with prolonged stable disease.

Safety: No dose limiting toxicities were observed. No patient has discontinued PAS-004 due to treatment-related adverse events (TRAEs). No grade ≥3 were observed. TRAEs reported in 45.9% (17 of 37) of patients; all Grade 1 or 2. Most common TRAEs: nausea (14%), vomiting (11%), rash (11%), blood creatine phosphokinase increased (11%) and diarrhea (5%). Cumulative rates of rash and gastrointestinal toxicities have remained low across all patients at all doses, with no MEKi-associated toxicities on cardiac function or retina observed to date. The maximum tolerated dose (MTD) has not been reached.

Pharmacokinetics: Linear PK with an estimated half-life of ~58 hours and a flat Cmax/Cmin ratio below 1.5 at steady state, supporting long term, once-daily (QD) dosing.

About Pasithea Therapeutics Corp.

Pasithea is a clinical-stage biotechnology company primarily focused on the research and development of its lead drug candidate, PAS-004, a next-generation macrocyclic MEK inhibitor intended for the treatment of RASopathies, MAPK pathway-driven tumors, and other diseases. The Company is currently testing PAS-004 in a Phase 1 clinical trial in advanced cancer patients (NCT06299839), and a Phase 1/1b clinical trial in adult patients with neurofibromatosis type 1 (NF1)-associated plexiform neurofibromas (NCT06961565).

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding the Company’s clinical data from its ongoing Phase 1 dose-escalation study of PAS-004 in advanced solid tumors, , the Company’s ongoing Phase 1/1b clinical trial of PAS-004 in adult NF1 patients, and the safety, tolerability, pharmacokinetic (PK), pharmacodynamic (PD) and preliminary efficacy of PAS-004, as well as all other statements, other than statements of historical fact, regarding the Company’s current views and assumptions with respect to future events regarding its business, as well as other statements with respect to the Company’s plans, assumptions, expectations, beliefs and objectives, the success of the Company’s current and future business strategies, product development, pre-clinical studies, clinical studies, clinical and regulatory timelines, market opportunity, competitive position, business strategies, potential growth and financing opportunities and other statements that are predictive in nature. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to the Company on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including risks that future clinical trial results may not match results observed to date, may be negative or ambiguous, or may not reach the level of statistical significance required for regulatory approval, as well as other factors set forth in the Company’s most recent Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other filings made with the U.S. Securities and Exchange Commission (SEC). Thus, actual results could be materially different. The Company undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, after the date of this release, except as required by law.

Contact

Patrick Gaynes
Investor Relations
pgaynes@pasithea.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Pasithea's Phase 1 PAS-004 cancer study show about stable disease?

Four patients had prolonged stable disease while receiving PAS-004 for more than 300 days, including two remaining on treatment beyond 500 days. Those two patients had recurrent, metastatic BRAF V600E-mutant melanoma and had previously progressed on dabrafenib plus trametinib.

What safety results did Pasithea report for PAS-004?

Treatment-related adverse events occurred in 45.9% (17 of 37) patients and were all Grade 1 or 2. No dose-limiting toxicities, treatment-related discontinuations, or related serious adverse events were reported. No MEK inhibitor-associated effects on cardiac function or the retina were observed to date.

Which patients were enrolled in Pasithea's PAS-004 Phase 1 cancer study?

The study enrolled patients with MAPK pathway-driven advanced solid tumors carrying RAS, NF1 or RAF mutations, including patients whose prior BRAF/MEK inhibitor treatment had failed. Patients had a median of 3 prior treatment lines, ranging from 1–8. Of 12 patients with BRAF V600E mutations, 10 had previously progressed on BRAF and/or BRAF/MEK combination therapy.

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