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Lixte Biotechnology Holdings, Inc. - $LIXT STOCK NEWS

Welcome to our dedicated page for Lixte Biotechnology Holdings news (Ticker: $LIXT), a resource for investors and traders seeking the latest updates and insights on Lixte Biotechnology Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Lixte Biotechnology Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
LIXTE Biotechnology Holdings, Inc. has entered into a securities purchase agreement with a healthcare-focused institutional investor. The agreement involves the purchase and sale of 583,334 shares of common stock and common warrants to purchase up to 583,334 shares of common stock. The purchase price is $6.00 per common share, and the exercise price for the warrants is also $6.00 per share. The closing of the offering is expected to occur on or about July 20, 2023, with gross proceeds of approximately $3,500,000. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.
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Rhea-AI Sentiment
End-of-Day
-31.47%
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Rhea-AI Summary
LIXTE Biotechnology announces that inhibiting PP2A with LB-100 sensitizes cancer cells to immunotherapy and chemotherapy. This mechanism turns 'cold' tumors 'hot' and enhances the effectiveness of checkpoint blockade antibodies. LB-100 also disrupts mRNA maturation, reducing cancer cells' ability to deal with DNA damage. Collaboration with the Netherlands Cancer Institute led to these findings.
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Rhea-AI Sentiment
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38.67%
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Rhea-AI Sentiment
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-2.45%
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1.52%
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Rhea-AI Impact
Rhea-AI Sentiment
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10.28%
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Lixte Biotechnology Holdings, Inc.

Nasdaq:LIXT

LIXT Rankings

LIXT Stock Data

6.50M
1.98M
20.48%
5.08%
0.74%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
EAST SETAUKET

About LIXT

lixte biotechnology holdings, inc. (lixte) is a clinical-stage public (lixt) pharmaceutical company dedicated to discovering drugs for more effective treatments for cancer. lixte has identified molecular signaling pathways altered in disease states and designed compounds that can safely target them in animal models. the current drug portfolio includes inhibitors of protein phosphatases that are critical to cell division and dna damage repair and inhibitors of protein deacetylases that regulate pathways of gene expression and protein degradation. the phosphatase inhibitors enhance the effectiveness of cytotoxic anti-cancer drugs in general as well as radiation therapy making them potentially useful for the treatment of many, if not all, cancers in combination with existing standard chemotherapy regimens and the evolving targeted cytotoxic therapies of personalized cancer medicine. the lead compound lb-100 is in phase i trial and has the potential to be first-in-class. the deacetylase in