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OS Therapies Appoints Biotech Industry Luminary Robert "Bob" S. Langer, PhD as Strategic Advisor

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OS Therapies (NYSE: OSTX) appointed Dr. Robert "Bob" S. Langer as a strategic advisor to support listeria oncology pipeline prioritization, combination strategies and tADC candidate selection.

The company is pursuing a BLA under Accelerated Approval for OST-HER2 in H2 2026 and holds multiple FDA and EMA designations, potentially qualifying for a Priority Review Voucher.

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Positive

  • High-profile advisor appointment: Dr. Bob Langer
  • OST-HER2 holds ODD, FTD, RPDD (FDA) and ODD, FTD, ATMP (EMA)
  • Company targeting BLA H2 2026 under Accelerated Approval
  • Potential Priority Review Voucher eligibility after BLA

Negative

  • OST-HER2 approval is not yet granted; BLA remains pending
  • Pipeline advancement depends on future funding from revenues, partnerships or PRV sale

News Market Reaction – OSTX

+1.54%
5 alerts
+1.54% Session close to close
+2.2% Peak in 24 min
$59.68M Market Cap
0.2x Rel. Volume

In the Apr 13 session, OSTX gained 1.54%, reflecting a mild positive market reaction. Argus tracked a peak move of +2.2% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights OS Therapies’ effort to strengthen its strategic advisory depth as OST-...
Analysis

This announcement highlights OS Therapies’ effort to strengthen its strategic advisory depth as OST-HER2 approaches key regulatory milestones. Adding Dr. Langer, co‑founder of Moderna, reinforces the scientific profile around its listeria platform and tADC technology while the company targets a BLA in the second half of 2026 and potential PRV monetization at values comparable to the recent $205 million transaction. Investors may watch future regulatory decisions and financing steps closely.

Key Figures

Patients treated: more than one thousand patients OST-HER2 study phase: Phase 2b study PRV transaction value: $205 million +5 more
8 metrics
Patients treated more than one thousand patients Patients treated with OS Therapies’ listeria platform
OST-HER2 study phase Phase 2b study Study cited for strong safety profile of OST-HER2
PRV transaction value $205 million Most recent publicly disclosed Priority Review Voucher transaction (Feb 2026)
BLA timing goal second half of 2026 Company target to seek BLA under Accelerated Approval Program
Companies co-founded more than 40 biotechnology companies Dr. Langer’s company co-founding track record
IPOs 16 IPOs Biotechnology companies co-founded by Dr. Langer that reached IPO
Acquisitions 19 successful acquisitions Exits among companies co-founded by Dr. Langer
Awards received over 220 awards Dr. Langer’s professional recognitions

Historical Context

5 past events · Latest: Apr 08 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 08 Advisor appointment Positive +1.6% Named Craig Eagle, MD, to strategic advisory board for regulatory guidance.
Apr 02 Equity offering Negative -6.6% Completed $5.25M registered direct equity financing at $1.40 per share.
Mar 31 Data & earnings Positive +6.0% Submitted Phase 2b data for Pre-BLA and reported 2025 financial results.
Mar 27 Phase 3 planning Positive +2.9% Secured global regulator meetings for OST-HER2 confirmatory Phase 3 trial.
Mar 25 EMA designation Positive +4.3% Received EMA ATMP designation for OST-HER2 in pulmonary recurrent osteosarcoma.

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

Pattern Detected

Recent OSTX news has generally seen share moves align with the tone: regulatory/clinical updates and board appointments were followed by modest gains, while the April 2 financing coincided with a decline.

Recent Company History

Over the past few weeks, OS Therapies reported several key milestones. On Mar 25, OST-HER2 received EMA ATMP designation, followed by announcements of global Phase 3 planning and Pre‑BLA data submission in late March. Financing steps included a $5.25M registered direct offering disclosed on Apr 2. Most regulatory and clinical updates, as well as an April 8 strategic advisor appointment, were followed by positive one‑day price reactions, while the offering coincided with a negative move.

Key Terms

orphan drug designation, fast track designation, rare pediatric disease designation, advanced therapy medicinal product (ATMP), +4 more
8 terms
orphan drug designation regulatory
"OST-HER2 has received Orphan Drug Designation (ODD), Fast Track Designation..."
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
fast track designation regulatory
"OST-HER2 has received Orphan Drug Designation (ODD), Fast Track Designation (FTD)..."
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.
rare pediatric disease designation regulatory
"and Rare Pediatric Disease Designation (RPDD) from the FDA..."
A rare pediatric disease designation is an official regulatory status given to a drug or therapy that targets a serious or life‑threatening condition primarily affecting children and is uncommon in the population. It matters to investors because the status often brings financial and development perks — such as tax credits, reduced fees, faster review and periods of market protection — which can lower costs, speed approval and improve the commercial outlook; think of it as a VIP pass that makes bringing a scarce, child‑focused treatment to market easier and potentially more profitable.
advanced therapy medicinal product (ATMP) regulatory
"and ODD, FTD and ATMP from the EMA."
Advanced therapy medicinal products (ATMPs) are medicines made from living cells, genes, or engineered tissues that aim to repair, replace or modify biological functions—think of them as custom-built repairs for the body rather than off‑the‑shelf pills. They matter to investors because they can offer transformative cures and high prices but also carry large development costs, strict regulatory review and manufacturing challenges, creating both significant upside and added risk.
biologics license application (BLA) regulatory
"if the Company receives a Biologics License Application (BLA) in the United States..."
A biologics license application (BLA) is a formal request to a government agency seeking approval to sell a biological medicine, such as vaccines or gene therapies, in the market. It is similar to a detailed report that proves the product is safe, effective, and manufactured properly. For investors, a BLA signifies a critical step toward commercial availability, often impacting a company's valuation and market prospects.
priority review voucher regulatory
"it will become eligible to receive a Priority Review Voucher (PRV) that it intends to sell."
A priority review voucher is a transferable regulatory incentive that lets a company move a future drug or device application to the front of the review line, shortening the review period by several months. For investors it matters because the voucher can speed up market access for a high-value product or be sold to other companies for significant cash, acting like a tradable fast-pass that can accelerate revenue or create immediate financial upside.
accelerated approval program regulatory
"The Company is seeking to obtain a BLA under the Accelerated Approval Program..."
A regulatory pathway that lets a drug or treatment reach the market sooner for serious or life‑threatening conditions based on early signs of benefit (such as lab tests or short‑term results) rather than long‑term proof. It matters to investors because it can accelerate revenue and competitive advantage but carries higher risk: the approval depends on follow‑up studies, and if those fail regulators can withdraw the approval, which can sharply affect a company’s value.
osteosarcoma medical
"for OST-HER2 in osteosarcoma in the second half of 2026."
A rare but aggressive form of bone cancer that usually starts in cells that build bone, most often affecting the long bones of the arms and legs. For investors, it matters because the disease’s severity, patient numbers, and difficulty of treatment shape the market for drugs and medical devices, influence clinical trial design and regulatory reviews, and can drive the potential value or risk of companies developing new therapies—think of it as a small but high-stakes market niche.

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

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  • Co-founder of more than 40 biotechnology companies, including 16 IPOs and 19 successful acquisitions
  • Scientific and medical titan focused on driving innovation for human health
  • Will assist with listeria oncology pipeline prioritization, combinations with other oncology-focused biotechnologies and tADC candidate selection for further development

New York, New York--(Newsfile Corp. - April 13, 2026) - OS Therapies, Inc. (NYSE American: OSTX("OS Therapies" or "the Company"), the world leader in gene-edited, listeria-based cancer immunotherapies, announced today that Dr. Robert "Bob" S. Langer, co-founder of Moderna, was appointed to the Company's strategic advisory board. Dr. Langer will assist management with listeria oncology pipeline prioritization, combinations of listeria product candidates with other oncology-focused biotechnologies, as well as tunable Antibody Drug Conjugate (tADC) candidate selection for further development. Dr. Langer is a luminary in the field of biotechnology, having developed core technologies used ubiquitously throughout the field for drug discovery and development, improving the health of millions worldwide.

"The use of listeria monocytogenes as a vehicle to activate the immune system to kill cancer has been studied for decades but may soon become a medical reality thanks to OS Therapies," said Dr. Langer, newly-appointed member of the Company's strategic advisory board. "Listeria's unique properties as an intracellular bacterium create major opportunities both to treat cancers which have not responded to existing immunotherapies and to enhance outcomes for patients already receiving other anti-cancer agents, given the strong safety profile exhibited in the Phase 2b study of OST-HER2 and the more than one thousand patients treated with the platform. I will be working with the OS Therapies team implement a robust pipeline development strategy for both standalone and combination product development. Moreover, the unique proprieties of silicone dioxide that underlie the tADC linker/cap technology present tremendous opportunities to design more comprehensive and efficacious candidates which can deliver combinations of cytotoxic and immune stimulatory compounds in a targeted way: this means we can more effectively treat solid tumors and ultimately aim to improve patient outcomes."

Dr. Bob Langer is one of nine Institute Professors at the Massachusetts Institute of Technology (MIT), MIT's highest faculty honor. His pioneering work includes isolating the first angiogenesis inhibitors (with Dr. Judah Folkman) leading to new treatments for cancer and blindness. He also created the first nanoparticles and microparticles for delivering large molecules, including nucleic acids, and helped establish the field of tissue engineering which enabled artificial skin for burn victims and organ-on-a-chip technology. Dr. Langer has authored more than 1,600 papers, cited more than 473,000 times. With an h-index of 336, Langer is the most cited engineer in history. His patents have been licensed or sublicensed to over 400 companies, and he has co-founded more than 40 ventures, including Moderna. Dr. Langer chaired the FDA's Science Board, the agency's highest advisory board, from 1999-2002 and has received over 220 awards, including the U.S. National Medal of Science and the National Medal of Technology and Innovation (one of only three living individuals to receive both). His accolades include the Draper Prize (considered engineering's Nobel Prize), Queen Elizabeth Prize for Engineering, Albany Medical Center Prize, Breakthrough Prize in Life Sciences, Kyoto Prize, Wolf Prize in Chemistry, Millennium Technology Prize, and the Kavli Prize in Nanoscience. He holds 44 honorary doctorates from institutions such as Harvard, Yale, Columbia, and Oxford, and has been elected to the National Academies of Medicine, Engineering, and Sciences, as well as the National Academy of Inventors.

"It is a tremendous honor to have a biotechnologist of Dr. Langer's distinction join our fight against cancer," said Paul Romness, MPH, Chair & CEO of OS Therapies. "Taken together with Dr. Craig Eagle's appointment last week, these recent additions to our strategic advisory board elevate the Company's standing in the biotechnology community, sending a powerful vote of confidence in our core technologies and the Company's future. We now have a tremendous opportunity to leverage Dr. Langer's unique expertise and vast network to help drive our mission forward as we engage with international regulators and potential industry partners regarding OST-HER2's potential in osteosarcoma and beyond. In the near-term, we are continuing to focus on regulatory execution surrounding gaining market access for OST-HER2 in the prevention or delay of recurrent, fully resected, pulmonary metastatic osteosarcoma in the U.S., U.K. and Europe, as well as countries with regulatory reciprocity with these jurisdictions. We will now begin working more closely with our strategic advisory board to fully build out our strategy for the diligent development of our pipeline as resources become available from product revenues, partnership agreements and/or the sale of a potential priority review voucher following approval in the U.S."

OST-HER2 has received Orphan Drug Designation (ODD), Fast Track Designation (FTD) and Rare Pediatric Disease Designation (RPDD) from the FDA, and ODD, FTD and ATMP from the EMA. Under the RPDD program, if the Company receives a Biologics License Application (BLA) in the United States, it will become eligible to receive a Priority Review Voucher (PRV) that it intends to sell. The most recent publicly disclosed PRV transaction occurred in February 2026 at a reported value of $205 million. The Company is seeking to obtain a BLA under the Accelerated Approval Program for OST-HER2 in osteosarcoma in the second half of 2026.

About OS Therapies

OS Therapies is a clinical stage oncology company focused on the identification, development, and commercialization of treatments for Osteosarcoma (OS) and other solid tumors. The Company is the world leader in listeria-based cancer immunotherapies. OST-HER2, the Company's lead asset, is an immunotherapy leveraging the immune-stimulatory effects of Listeria bacteria to initiate a strong immune response targeting the HER2 protein. OST-HER2 has received Orphan Drug Designation (ODD), Fast Track Designation (FTD) and Rare Pediatric Disease Designation (RPDD) from the U.S. Food & Drug Administration and has received ODD, FTD and ATMP from the European Medicines Agency. The Company reported positive data in its Phase 2b clinical trial of OST-HER2 in recurrent, fully resected, lung metastatic osteosarcoma, demonstrating statistically significant benefit in the 12-month event free survival (EFS) primary endpoint of the study and the overall survival (OS) secondary endpoint. The Company anticipates receiving a Biologics License Application (BLA) from the U.S. FDA for OST-HER2 in osteosarcoma in 2026 and, if approved, would become eligible to receive a Priority Review Voucher that it could then sell. The Company also anticipates receiving Conditional Marketing Authorisations from the U.K.'s Medicines and Healthcare products Regulatory Agency and the EMA for OST-HER2 in 2026. OST-HER2 has completed a Phase 1 clinical study primarily in breast cancer patients, in addition to showing preclinical efficacy data in various models of breast cancer. OST-HER2 has been conditionally approved by the U.S. Department of Agriculture for the treatment of canines with osteosarcoma. The Company also anticipates reading out data from a Phase 1b study of OST-504 in castration resistant prostate cancer in the first half of 2026.

In addition, OS Therapies is advancing its next-generation Antibody Drug Conjugate (ADC) and Drug Conjugates (DC), known as tunable ADC (tADC), which features tunable, tailored antibody-linker-payload candidates. This platform leverages the Company's proprietary silicone Si-Linker and Conditionally Active Payload (CAP) technology, enabling the delivery of multiple payloads per linker. For more information, please visit www.ostherapies.com.

Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute forward-looking statements within the meaning of the federal securities laws. These forward-looking statements and terms such as "anticipate," "expect," "intend," "may," "will," "should" or other comparable terms involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of OS Therapies and members of its management, as well as the assumptions on which such statements are based. OS Therapies cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, but not limited to our expected to provide cash runway into 2027, the intended use of net proceeds from the offering, the potential approval of OST-HER2 by the U.S. FDA and other risks and uncertainties described in "Risk Factors" in the Company's most recent Annual Report on Form 10-K and other subsequent documents the Company files with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and, except as required by the federal securities laws, OS Therapies specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

OS Therapies Contact Information:

Investor Relations
Harrison Seidner, PhD
WaterSeid Partners
OSTX@waterseid.com

Public Relations
Stephanie Chen
Elev8 New Media
media@ostherapies.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292132

FAQ

Who is Robert "Bob" S. Langer and what role will he play at OS Therapies (OSTX)?

Dr. Bob Langer is a pioneering biotech inventor and MIT Institute Professor; he joins as a strategic advisor. According to the company, he will help prioritize the listeria oncology pipeline, guide combination strategies, and advise on tunable ADC candidate selection for development.

What regulatory designations does OST-HER2 have and how do they affect OSTX (OSTX)?

OST-HER2 has multiple FDA and EMA designations that can speed review and development. According to the company, OST-HER2 holds ODD, FTD, RPDD from FDA and ODD, FTD, ATMP from EMA, enhancing regulatory pathways and potential market access.

When is OS Therapies (OSTX) targeting a Biologics License Application for OST-HER2?

The company is targeting a BLA submission in the second half of 2026 under Accelerated Approval. According to the company, that timeline supports potential accelerated review and subsequent regulatory discussions in the U.S., U.K., and Europe.

Could OS Therapies (OSTX) receive a Priority Review Voucher and what would that mean?

OSTX may be eligible for a Priority Review Voucher if OST-HER2 receives U.S. BLA approval under RPDD. According to the company, the voucher could be sold, providing a non-dilutive funding source to support pipeline development and partnerships.

How will Dr. Langer's appointment impact OSTX's OST-HER2 development and partnerships?

Dr. Langer's expertise is expected to strengthen OSTX's scientific strategy and industry credibility. According to the company, his network and guidance aim to aid regulatory engagement, partner discussions, and candidate selection for combination and tADC approaches.