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Kazia Therapeutics Expands Paxalisib Clinical Trial into HR+/HER2- Breast Cancer, Supported by Preclinical Data Showing Strong Clinical Activity and Safety in HR+ Breast Cancer

(Positive)

Kazia Therapeutics (NASDAQ: KZIA) reported new preclinical data showing that its PI3K/mTOR inhibitor paxalisib, in combination with standard-of-care therapy, was well tolerated and produced statistically significant antitumor activity in HR+/HER2- breast cancer models, including resensitizing CDK4/6 inhibitor‑resistant tumors.

Based on these findings, Kazia is expanding its ongoing TNBC clinical trial to include a three‑arm cohort in pre‑treated HR+/HER2- metastatic breast cancer, evaluating paxalisib plus fulvestrant with palbociclib at 15 mg and 30 mg versus fulvestrant alone. The company has filed a provisional patent and identified a high‑risk subset defined by a novel PI3K/mTOR biomarker with tissue‑ and blood‑based tests. Sites for the expansion are expected to activate and enroll the first patient before year‑end 2026, with full enrollment anticipated by end of 2027 and a full data readout in 2028. According to Kazia, recent financing is expected to fund this program through completion.

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Positive

  • Preclinical models showed statistically significant reductions in tumor volume with paxalisib combinations in HR+/HER2- breast cancer
  • Trial expansion adds three arms testing paxalisib 15 mg and 30 mg plus fulvestrant and palbociclib versus fulvestrant alone
  • Company expects funding from recent financing to support the HR+/HER2- trial expansion program through completion

Negative

  • None.

News Explained

The planned expansion adds two paxalisib dose combinations and a fulvestrant-only comparator; enrollment has not yet begun.

Kazia Therapeutics is amending its ongoing TNBC trial to add an HR+/HER2- metastatic breast-cancer expansion, so the disclosed change is a new clinical-development cohort rather than an expansion already enrolling patients.

The three-arm design will compare paxalisib at 15 mg plus fulvestrant and palbociclib, paxalisib at 30 mg plus fulvestrant and palbociclib, and a fulvestrant-only standard-of-care arm.

Safety and tolerability are the primary endpoints; progression-free survival, overall response rate, and overall survival are secondary endpoints.

Market Context

The five-event clinical-trial history averaged 25.36%. This announcement’s preclinical evidence prec...
Analysis

The five-event clinical-trial history averaged 25.36%. This announcement’s preclinical evidence preceded planned human validation, while the effective F-3 shelf dated March 17, 2026 added a financing consideration.

Key Figures

HR+/HER2- prevalence: 60–70% U.S. annual cases: 322,000 new cases Trial arms: 3 arms +5 more
8 metrics
HR+/HER2- prevalence 60–70% Share of all breast cancer diagnoses
U.S. annual cases 322,000 new cases HR+/HER2- breast cancer, 2026
Trial arms 3 arms HR+/HER2- metastatic breast cancer expansion
Paxalisib dose 15mg Plus fulvestrant and palbociclib
Paxalisib dose 30mg Plus fulvestrant and palbociclib
First patient enrollment By end of 2026 HR+/HER2- trial expansion
Full enrollment By end of 2027 HR+/HER2- trial expansion
Full readout 2028 HR+/HER2- trial expansion

Previous Clinical trial Reports

5 past events · Latest: Oct 27 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Oct 27 FDA meeting request Positive +4.6% Planned FDA discussion of overall survival data and potential NDA pathway
Jul 09 Phase 1b efficacy data Positive +39.6% First patient showed greater than 50% circulating tumor-cell reduction
Jun 11 Preclinical trial data Positive +81.5% Paxalisib demonstrated antitumor activity in immunotherapy-resistance models
Jun 05 Phase 1b initiation Positive -0.2% First patient was dosed in advanced breast cancer combination trial
Oct 02 Phase I clinical data Positive +1.3% Paxalisib plus radiation produced partial responses in brain metastases

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

Pattern Detected

Clinical-trial announcements were generally aligned with positive price reactions, with one divergence.

Key Terms

cdk4/6 inhibitor, pi3k/mTOR biomarker, xenograft model, progression-free survival, +1 more
5 terms
cdk4/6 inhibitor medical
"paxalisib resensitized CDK4/6 inhibitor-resistant tumors"
A CDK4/6 inhibitor is a type of cancer drug that blocks two proteins (CDK4 and CDK6) that tell cells to divide, effectively slowing or stopping the growth of tumors. Think of it as cutting power to a photocopier that keeps making cancer cells; that control can shrink tumors or delay progression. For investors, these drugs matter because clinical trial results, regulatory approvals, patent life, safety issues and competition directly affect sales potential and company value.
pi3k/mTOR biomarker medical
"defined by a novel PI3K/mTOR biomarker"
A pi3k/mtor biomarker is a measurable biological sign—often a gene mutation, protein level, or activity signal—that shows whether the PI3K–mTOR cell signaling pathway is active in a tissue or tumor. Think of it as a dashboard light that tells researchers if this growth-and-survival pathway is turned on. For investors, such biomarkers matter because they guide which patients may respond to targeted drugs, influence trial design and regulatory decisions, and affect the commercial prospects of therapies aimed at that pathway.
xenograft model medical
"In a HR+ xenograft model, paxalisib in combination"
A xenograft model is an experimental setup in which human cells or tissues, often tumors, are implanted into an animal (commonly a mouse) to study disease behavior and test treatments in a living system. For investors, results from xenograft studies can indicate whether a drug or therapy has the potential to work in humans and help de-risk early-stage programs, but they are an imperfect stand-in—like testing a prototype on a crash-test dummy rather than in full real-world conditions.
progression-free survival medical
"with progression-free survival, overall response rate and overall survival"
Progression-free survival is the length of time during and after a treatment that a patient's disease does not get worse, measured from the start of treatment until the disease shows measurable signs of progression or the patient dies. Investors care because longer progression-free survival in clinical trials often signals that a drug is effective, improving chances of regulatory approval, market adoption, and revenue potential—think of it as a stopwatch showing how long a therapy can keep the illness at bay.
overall response rate medical
"with progression-free survival, overall response rate and overall survival"
Overall response rate is the percentage of patients in a clinical study whose measurable disease shrinks or disappears after receiving a treatment. Investors watch it like a product’s “hit rate” because higher response rates can signal a drug’s effectiveness, boost chances of regulatory approval and market demand, and affect a company’s future revenue prospects, similar to how a higher batting average suggests a more reliable player.

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

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Preclinical Data Show Paxalisib Combined With Standard-of-Care Therapy Is Well Tolerated and Produces Statistically Significant Antitumor Activity

Three-Arm Expansion of the Ongoing TNBC Trial Will Evaluate Paxalisib Plus Fulvestrant, With Palbociclib, Versus Standard-of-Care

First Patient Expected By Year-End 2026 and Full Enrollment by End of 2027

SYDNEY, Sept. 1, 2026 /PRNewswire/ -- Kazia Therapeutics Limited (NASDAQ: KZIA) ("Kazia" or the "Company"), an oncology-focused biotechnology company developing therapies that selectively reprogram cancer biology, restore anti-tumor immunity and overcome treatment resistance, today announced new preclinical data demonstrating the safety and anti-tumor activity of paxalisib in HR+/HER2- breast cancer, including evidence that paxalisib resensitized CDK4/6 inhibitor-resistant tumors to standard-of-care therapy. Based on these findings, the Company is moving rapidly to expand its ongoing TNBC clinical trial into hormone receptor-positive ("HR+"), HER2-negative ("HER2-") advanced breast cancer to evaluate this effect directly and filed a related provisional patent application.

Kazia Therapeutics Limited Logo

"HR+/HER2- breast cancer accounts for approximately 60–70% of all breast cancer diagnoses, and we expect nearly 322,000 new cases in the U.S. alone this year," said Dr. John Friend, Chief Executive Officer of Kazia Therapeutics. "That scale, combined with the persistent need for better options once patients progress on standard therapy, represents a significant area of unmet medical need where paxalisib may play a role. Our preclinical data showing statistically significant, additive antitumor activity when paxalisib is combined with standard-of-care therapy gives us strong confidence in this approach, and we are moving quickly to bring this combination into the clinic for these patients. With the completion of our recent financing, based on our current plans and projections, we now have the capital in place to fund this program through completion."

In addition to these findings, paxalisib in combination with fulvestrant, and paxalisib in combination with fulvestrant and palbociclib, showed consistent safety and resulted in statistically significant reductions in tumor volume across preclinical models. Kazia has filed a patent that is supported by the Company's preclinical findings and has identified a high-risk subset of metastatic HR+/HER2- breast cancer defined by a novel PI3K/mTOR biomarker, with tissue- and blood-based tests associated with poor survival. Extensive benchmarking studies show that paxalisib can resensitize treatment-resistant tumors to combination therapy through a distinct epigenetic mechanism, an effect not observed with gedatolisib, an FDA-approved intravenous PI3K/mTOR inhibitor, indicating a paxalisib-specific effect rather than a class effect. In a HR+ xenograft model, paxalisib in combination with fulvestrant and palbociclib reduced tumor burden without added toxicity and showed primary tumor growth inhibition comparable to gedatolisib in combination with the same regimen.

"Our extensive benchmarking shows that paxalisib is differentiated in targeting the PI3K/mTOR–epigenetic resistance axis and importantly, this is not a class effect," said Dr. Sudha Rao, Chief Scientific Officer, Kazia Therapeutics. "Paxalisib's unique attributes are uncovering a broader role for PI3K/mTOR beyond conventional cytoplasmic signalling, with alternative pathways that may drive metastatic disease and resistance. In HR+ breast cancer, we have identified a novel epigenetic PI3K/mTOR biomarker, with both liquid and tissue tests, that is enriched in patients with poor prognosis. This gives us the opportunity to enrich for the patients where this biology matters most and brings precision medicine to HR+ breast cancer."

This benchmarking work is ongoing, and Kazia expects to present additional data later this year, including further cellular, molecular and epigenetic characterization of paxalisib relative to other PI3K/mTOR inhibitors.

Current development strategies in this setting have primarily focused on sequencing additional lines of endocrine therapy, targeted agents or antibody-drug conjugates after resistance emerges. Kazia's preclinical findings suggest that paxalisib may address resistance mechanisms at an earlier biological level through epigenetic and transcriptional effects that extend beyond conventional PI3K/mTOR pathway inhibition.

Alongside its IP filing, Kazia is amending the protocol of its ongoing TNBC clinical trial to add a three-arm expansion evaluating paxalisib in patients with pre-treated HR+/HER2- metastatic breast cancer. Patients will be randomized to one of three arms: paxalisib at 15mg plus fulvestrant (hormone therapy), with CDK4/6 inhibitor palbociclib; paxalisib at 30mg plus fulvestrant, with palbociclib; or a standard-of-care comparator arm of fulvestrant. The primary endpoint is safety and tolerability, with progression-free survival, overall response rate and overall survival as secondary endpoints.

The Company expects sites for this expansion to be activated and the first patient enrolled before the end of 2026, with full enrollment anticipated by the end of 2027. Clinical updates are anticipated throughout 2027, with a full readout anticipated in 2028.

About Kazia Therapeutics

Kazia Therapeutics (NASDAQ: KZIA) is an oncology-focused drug development company, based in Sydney, Australia. The Company's lead asset, paxalisib, is an investigational brain-penetrant inhibitor of the PI3K/Akt/mTOR pathway, which is being developed to treat multiple forms of cancer. Licensed from Genentech in late 2016, paxalisib is or has been the subject of over 15 clinical trials. A completed Phase 2/3 study in glioblastoma (GBM AGILE) was reported in 2024, and discussions are ongoing for designing and executing a pivotal registrational study in pursuit of a standard approval. Other clinical trials involving paxalisib are ongoing in advanced breast cancer, brain metastases, diffuse midline gliomas, and primary central nervous system lymphoma, with several of these trials having reported encouraging interim data. Paxalisib was granted Orphan Drug Designation for glioblastoma by the U.S. Food and Drug Administration (FDA) in February 2018, and Fast Track Designation (FTD) for glioblastoma in August 2020. Paxalisib was also granted FTD in July 2023 for the treatment of solid tumor brain metastases harboring PI3K pathway mutations in combination with radiation therapy. Additionally, paxalisib was granted Rare Pediatric Disease Designation and Orphan Drug Designation by the FDA for diffuse intrinsic pontine glioma in August 2020 and for atypical teratoid/rhabdoid tumors in June 2022 and July 2022, respectively. Kazia is also developing EVT801, a small molecule inhibitor of VEGFR3, which was licensed from Evotec SE in April 2021. In addition to its clinical-stage programs, Kazia is advancing NDL2, a potentially first-in-class intracellular PD-L1 protein degrader program targeting a newly identified mechanism of immunotherapy resistance and metastatic progression, as well as MSETC, a potentially first-in-class SETDB1 inhibitor program intended to restore immune signaling in tumors that have become resistant to immunotherapy, including checkpoint inhibitors. Both programs are currently in preclinical development. For more information, please visit www.kaziatx.com or follow us on X @KaziaTx.

Forward-Looking Statements

This press release contains 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. These forward-looking statements include, but are not limited to, statements regarding: the potential therapeutic benefit of paxalisib in HR+/HER2- breast cancer; the significance of preclinical findings, including benchmarking studies relative to other PI3K/mTOR inhibitors; the Company's plan to expand the ongoing TNBC clinical trial into HR+/HER2- advanced breast cancer; the expected timing of site activation, first patient enrollment and full enrollment; anticipated clinical updates and full data readout timelines; the Company's biomarker program and anticipated future disclosures; and the sufficiency of the Company's capital to fund the program. Forward-looking statements are generally identified by words such as "anticipates," "believes," "expects," "intends," "plans," "may," "will," "could," "should," "estimates," "projects," "potential," and similar expressions. These forward-looking statements are based on management's current expectations and assumptions as of the date of this press release and are subject to significant risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the preliminary and preclinical nature of the data described, which may not predict clinical outcomes in humans; the ability to successfully amend the existing trial protocol and activate new sites; risks associated with the conduct, timing and enrollment of clinical trials; regulatory review and approval processes; reliance on third-party collaborators and trial sites; the Company's ability to obtain, maintain and protect its intellectual property; the Company's future capital needs and ability to fund planned operations; general economic and market conditions; and the Company's ability to maintain compliance with NASDAQ listing requirements.

For a more complete discussion of risks and uncertainties, please refer to the Company's filings with the SEC, including the "Risk Factors" section of the Company's most recent Annual Report on Form 20-F. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law. All forward-looking statements are qualified in their entirety by this cautionary statement.

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SOURCE Kazia Therapeutics Limited

FAQ

What did Kazia Therapeutics (KZIA) announce about paxalisib in HR+/HER2- breast cancer on September 1, 2026?

Kazia announced preclinical data showing paxalisib combinations were well tolerated and produced statistically significant antitumor activity in HR+/HER2- breast cancer models. According to Kazia, these findings support expanding its ongoing TNBC trial to evaluate paxalisib-based regimens directly in pre-treated HR+/HER2- metastatic patients.

How is the paxalisib clinical trial being expanded for HR+/HER2- breast cancer in the KZIA program?

Kazia is amending its ongoing TNBC trial to add a three-arm expansion in pre-treated HR+/HER2- metastatic breast cancer. According to Kazia, patients will receive paxalisib 15 mg or 30 mg plus fulvestrant and palbociclib, or a standard-of-care comparator arm with fulvestrant alone.

What are the timelines for enrollment and data readout in Kazia Therapeutics’ (KZIA) expanded paxalisib trial?

Kazia expects trial sites to activate and enroll the first HR+/HER2- patient before the end of 2026. According to Kazia, full enrollment is anticipated by the end of 2027, with clinical updates in 2027 and a full study readout expected in 2028.

What preclinical evidence supports paxalisib use in CDK4/6 inhibitor-resistant HR+ breast cancer for KZIA?

Preclinical data indicate paxalisib can resensitize CDK4/6 inhibitor-resistant tumors to standard-of-care therapy in HR+ breast cancer models. According to Kazia, combinations with fulvestrant, and fulvestrant plus palbociclib, were consistently safe and produced statistically significant reductions in tumor volume across tested models.

How is paxalisib differentiated from other PI3K/mTOR inhibitors in Kazia Therapeutics’ (KZIA) studies?

Benchmarking suggests paxalisib affects a PI3K/mTOR–epigenetic resistance axis not seen with gedatolisib in these models. According to Kazia, this indicates a paxalisib-specific effect rather than a class effect and may support a precision-medicine approach using a novel PI3K/mTOR biomarker in HR+ breast cancer.

What are the primary and secondary endpoints of Kazia’s expanded paxalisib HR+/HER2- breast cancer trial (KZIA)?

The primary endpoint of the HR+/HER2- expansion cohort is safety and tolerability of paxalisib combinations. According to Kazia, key secondary endpoints include progression-free survival, overall response rate, and overall survival, providing a broad assessment of clinical activity in this metastatic patient population.