Lixte Biotechnology Hldgs Inc Stock Price, News & Analysis

LIXTE Biotechnology Holdings (Nasdaq: LIXT) has received a Notice of Allowance from the USPTO for a patent application covering the combination of its LB-100 compound with various cancer immunotherapies. This patent strengthens LIXTE's intellectual property portfolio and highlights its commitment to innovative cancer research. The company is currently conducting clinical trials at the Netherlands Cancer Institute and MD Anderson Cancer Center, testing LB-100 in combination with immunotherapies for metastatic colon cancer and ovarian clear cell carcinoma. LIXTE recently signed an exclusive patent license agreement with NINDS and NCI, opening up opportunities for developing novel combination therapies in cancer treatment.

LIXTE Biotechnology Holdings (Nasdaq: LIXT) has announced the dosing of the first patient in a new clinical trial for treating unresponsive metastatic colorectal cancer. The trial is a collaboration with the Netherlands Cancer Institute (NKI) and is supported by Roche. LIXTE is providing its lead compound, LB-100, while Roche is supplying atezolizumab (Tecentriq®), a PDL1 inhibitor. The trial aims to make immunotherapy an effective treatment option for approximately 85% of colorectal cancer patients who have not responded to traditional protocols. This marks the second recent clinical trial combining LB-100 with immunotherapy funded by a major pharmaceutical company, following an earlier trial with GSK for clear cell ovarian cancer treatment.

LIXTE Biotechnology Holdings, Inc. (LIXT) has announced several significant developments:

1. A new collaboration with The Netherlands Cancer Institute, supported by Roche, for a clinical trial in metastatic colorectal cancer using LB-100 and atezolizumab.

2. Appointment of Dr. Jan Schellens as Chief Medical Officer, bringing extensive oncology and drug development experience.

3. Publication of preclinical data in EMBO Reports showing LB-100's potential to enhance immunotherapy benefits.

4. Ongoing clinical trials, including a GSK-funded study of LB-100 with dostarlimab-gxly in ovarian clear cell cancer and a soft tissue sarcomas trial with expected data in early 2025.

5. Upcoming presentations at two investor conferences in August and September 2024.

LIXTE Biotechnology Holdings (Nasdaq: LIXT) announced its participation in two upcoming investor conferences. The company will present at the Investor Summit Summer 2024 Virtual Conference on August 20, 2024, at 2 p.m. EDT, and the H.C. Wainwright 26th Annual Global Investment Conference from September 9-11, 2024.

CEO Bas van der Baan will provide an overview of LIXTE's clinical trials with LB-100, their proprietary compound designed to enhance chemotherapy and immunotherapy treatments for cancer. The company is currently conducting proof-of-concept clinical trials for colorectal, ovarian, and sarcoma cancers, including trials funded by GSK and Roche.

Investors can access the presentations through LIXTE's investor relations website and the H.C. Wainwright conference registration page.

LIXTE Biotechnology Holdings announced a collaboration with Roche and the Netherlands Cancer Institute (NKI) to conduct a new clinical trial targeting immune therapy unresponsive (MSI Low) metastatic colon cancer. The trial, listed as NCT06012734, will investigate the efficacy of LIXTE's lead compound, LB-100, in combination with Roche's PD-L1 inhibitor, atezolizumab (Tecentriq®). Approximately 85% of colon cancers are MSI Low and non-responsive to immunotherapy. The aim is to enhance immunotherapy efficacy for these patients. The collaboration highlights the scientific potential of LB-100, which has shown promise in pre-clinical data and previous trials. This study is the second recent collaboration with a major pharmaceutical company, following a GSK-supported trial for clear cell ovarian cancer.

LIXTE Biotechnology Holdings has announced a collaboration with Roche and the Netherlands Cancer Institute (NKI) for a new clinical trial targeting MSI Low metastatic colon cancer. The trial, registered as NCT06012734, will test LIXTE's lead compound LB-100 in combination with Roche's PD-L1 inhibitor, atezolizumab. NKI's Dr. Neeltje Steeghs will lead the trial, aiming to improve immunotherapy efficacy for the 85% of colon cancers unresponsive to current treatments. This collaboration follows another recent trial funded by GSK for clear cell ovarian cancer, highlighting the pharmaceutical industry's support for LB-100's potential. This trial could significantly impact colon cancer treatment by making immunotherapy viable for a larger patient group.

LIXTE Biotechnology Holdings announced new pre-clinical data published in EMBO Reports showing that its lead compound, LB-100, can potentially enhance immunotherapy effectiveness in colon cancer. LB-100 has been found to disrupt mRNA splicing in cancer cells, creating neo-antigens that boost immune system recognition. This mechanism could help turn immunologically 'cold' tumors 'hot,' making them more susceptible to immunotherapy. The study, conducted by researchers at the Netherlands Cancer Institute, adds to existing data supporting LB-100's role in sensitizing cancer cells to immune checkpoint blockade. This discovery is expected to expand clinical trial efforts, particularly in lung and ovarian cancer, and could significantly increase the number of colon cancer patients responding to immunotherapy.

LIXTE Biotechnology Holdings has appointed Dr. Jan Schellens as the new Chief Medical Officer, effective August 1, 2024, succeeding Dr. James S. Miser.

Dr. Schellens brings over 25 years of clinical experience in oncology and pharmacology, including leadership roles at prominent institutions like the Netherlands Cancer Institute.

He is expected to significantly contribute to LIXTE's development of LB-100, which aims to enhance chemotherapy and immunotherapy treatments. Dr. Schellens has co-authored over 900 scientific publications and has had significant roles on various medical boards and advisory committees.

LIXTE CEO Bas van der Baan expressed confidence in Dr. Schellens' ability to drive the company's growth and development in cancer therapeutics.

LIXTE Biotechnology provided an update on their recent activities. Key highlights include promising pre-clinical data on their compound LB-100 in a new field of cancer biology called 'activation lethality.' The findings suggest that LB-100 can force cancer cells to lose their cancer-causing properties, potentially opening new treatment strategies alongside ongoing clinical trials in lung, ovarian, and sarcoma cancers. The data was presented by Dr. René Bernards at a major cancer research conference and published in the journal Cancer Discovery.

CEO Bas van der Baan presented at the MedInvest Biotech and Pharma Investor Conference. LIXTE co-sponsored an international workshop at Harvard’s Dana Farber Cancer Institute, discussing innovative cancer therapy approaches. Clinical trials for LB-100 are underway at various prestigious institutions, including the University of Texas MD Anderson Cancer, City of Hope Cancer Center, Sarah Cannon Research Institute, and the Spanish Sarcoma Group. In February 2024, LIXTE signed an exclusive patent license agreement with the NIH. The company's latest financial data is available in their quarterly report filed with the SEC.