Moleculin Biotec Stock Price, News & Analysis

Moleculin Biotech, Inc. (Nasdaq: MBRX) announced robust preclinical data for Annamycin in models of metastatic colorectal cancer. The findings indicate significant antitumor activity, showing a 272% extension of survival in lung metastasis models and complete elimination of tumors in liver metastasis models. Annamycin's efficacy positions it favorably for clinical studies, with ongoing development for acute myeloid leukemia and soft tissue sarcoma. The drug has Fast Track Status and Orphan Drug Designation from the FDA, reinforcing its potential in treating aggressive cancers.

Moleculin Biotech (Nasdaq: MBRX) reported positive preliminary safety and efficacy results from its Phase 1 AML study, leading to plans for a Phase 1/2 trial of Annamycin in combination with Cytarabine. Annamycin demonstrated no cardiotoxicity in trials for Acute Myeloid Leukemia and Soft Tissue Sarcoma. The FDA cleared the IND application for WP1122's use in GBM, with Phase 1a trials for COVID-19 also pending. Financial results show a 2021 R&D expense of $14.4 million, with a net loss of $15.9 million, but sufficient cash reserves to fund operations until 2024.

Moleculin Biotech, Inc. (Nasdaq: MBRX) will participate in the 2022 Virtual Growth Conference hosted by Maxim Group LLC and M-Vest from March 28-30, 2022. Walter Klemp, Chairman and CEO, will present during the event which will feature discussions from various sectors including biotech and healthcare. Attendees can view a video webcast of the presentation on-demand. Moleculin focuses on developing drug candidates for resistant tumors and viruses, with key programs like Annamycin for acute myeloid leukemia and WP1066 targeting brain tumors.

Moleculin Biotech, Inc. (Nasdaq: MBRX) announced that its Chairman and CEO, Walter Klemp, will present at the Oppenheimer 32^nd Annual Healthcare Conference on March 17, 2022, at 9:20 AM ET. The company focuses on developing drug candidates for resistant tumors and viruses, including its lead program, Annamycin, for treating acute myeloid leukemia and soft tissue sarcoma. The presentation will be available via a live webcast, and a replay will be archived for 90 days. Investors can expect virtual one-on-one meetings with management.

Moleculin Biotech, Inc. (Nasdaq: MBRX) recently announced the appointment of Dr. Joy Yan, M.D., Ph.D. to its Board of Directors. Dr. Yan brings extensive experience in clinical program development from her roles at major pharmaceutical companies, including Bristol Myers Squibb. Walter Klemp, Chairman and CEO, expressed confidence that her expertise will enhance the company's strategic direction and growth. Moleculin focuses on drug candidates for resistant tumors and viruses, including its lead program Annamycin for acute myeloid leukemia and soft tissue sarcoma.

Moleculin Biotech (Nasdaq: MBRX) announced positive preliminary results from its second Phase 1 trial (MB-105) for Annamycin, a treatment for relapsed and refractory acute myeloid leukemia (AML), in Poland. The recommended Phase 2 dose was determined to be 240 mg/m² with no signs of cardiotoxicity. Furthermore, Annamycin's combination with Cytarabine showed a 68% improvement in median overall survival compared to Annamycin alone. The company is poised to advance into a Phase 1/2 trial in Europe, leveraging data from the completed trials for further development.

Moleculin Biotech, Inc. (Nasdaq: MBRX) will participate in the Virtual Investor 2022 Top Picks Conference on January 27, 2022, at 9:00 AM ET, led by CEO Walter V. Klemp. The event will feature a corporate presentation and a moderated Q&A session where attendees can submit questions live or in advance. A live video webcast of the presentation will be available on the Company's website, followed by a replay for one year. Moleculin focuses on drug candidates for highly resistant tumors, including its lead program, Annamycin, for acute myeloid leukemia and soft tissue sarcoma.

Moleculin Biotech, Inc. (Nasdaq: MBRX) has reported updated safety data from its Phase 1 trials of Annamycin, targeting acute myeloid leukemia (AML) and soft tissue sarcoma with lung metastases. An independent review confirmed no evidence of cardiotoxicity in 30 patients, supporting Annamycin's safety profile. Furthermore, less than 10% of patients treated with Annamycin experienced alopecia, significantly lower than the 65%-92% rate associated with doxorubicin, enhancing patient quality of life. The company's ongoing trials aim to establish the recommended Phase 2 doses while navigating recruitment challenges in certain regions.

Moleculin Biotech, Inc. (Nasdaq: MBRX) announced that President and CEO Walter Klemp will present at the virtual H.C. Wainwright BioConnect Conference from January 10-13, 2022. The presentation will be available on-demand starting January 10, 2022, at 7:00 AM ET for registered participants and accessible on the Company's website for 90 days thereafter. Moleculin is focused on developing a portfolio of drug candidates targeting resistant tumors and viruses, including Annamycin for acute myeloid leukemia and WP1066 for various cancers.