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RenovoRx Announces Key Phase III Milestone: TIGeR-PaC Trial Surpasses 100 Randomized Patients as Study Nears Completion of Enrollment

(Very Positive)

RenovoRx (Nasdaq: RNXT) reported a Phase III TIGeR-PaC enrollment milestone, surpassing 100 randomized patients (104 as of March 24, 2026) and remaining on track to complete enrollment in the first half of 2026. Final trial data are expected in 2027.

The trial requires 114 randomized patients and 86 events for final analysis; 72 events have occurred. Two pre-planned interim analyses led the independent DMC to recommend continuing the study. Select centers are using the RenovoCath-enabled TAMP therapy platform in parallel.

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Positive

  • Randomized patients reached 104 as of March 24, 2026
  • Enrollment on track for completion in first half of 2026
  • Final TIGeR-PaC data expected in 2027
  • Independent DMC recommended to continue after two interim analyses

Negative

  • 72 events occurred; 14 more events required to reach 86-event final analysis
  • Enrollment not yet complete; outcomes and timelines remain contingent on future enrollment and events

News Market Reaction – RNXT

+5.45%
17 alerts
+5.45% Session close to close
+13.0% Peak Tracked
-7.8% Trough Tracked
$58.62M Market Cap
1.1x Rel. Volume

In the Mar 26 session, RNXT gained 5.45%, reflecting a notable positive market reaction. Argus tracked a peak move of +13.0% during that session. Argus tracked a trough of -7.8% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.5% in the session following this news. A strong positive reaction aligns with the...
Analysis

The stock moved +5.5% in the session following this news. A strong positive reaction aligns with the milestone nature of surpassing 100 randomized patients and approaching the 114-patient target in a Phase III trial. Historically, RNXT’s clinical-trial headlines moved the stock about 1.25% on average, so a larger gain would stand out but still fit the pattern of investors rewarding trial progression. Investors should watch for future data readouts and potential use of the $50,000,000 shelf when assessing durability.

Key Figures

Patients randomized: 104 patients Required randomized patients: 114 patients Events occurred: 72 events +5 more
8 metrics
Patients randomized 104 patients TIGeR-PaC as of March 24, 2026
Required randomized patients 114 patients TIGeR-PaC protocol requirement
Events occurred 72 events Deaths observed in TIGeR-PaC as of March 24, 2026
Events needed 86 events Final analysis requirement in TIGeR-PaC
1st interim trigger 26 events First pre-planned interim analysis (2023)
2nd interim trigger 52 events Second pre-planned interim analysis (2025)
Enrollment timeline First half of 2026 Expected completion of TIGeR-PaC enrollment
Final data timing 2027 Expected TIGeR-PaC final data readout

Previous Clinical trial Reports

5 past events · Latest: Feb 26 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Feb 26 Clinical data abstract Positive -5.0% Abstract on PET/CT metabolic response using TAMP in pancreatic cancer.
Feb 04 Clinical data update Positive -4.5% SIO 2026 data on pressure measurements during RenovoCath procedures.
Jan 28 Clinical abstract acceptance Positive +0.2% Abstract at interventional oncology meeting on TAMP pressure optimization.
Jan 08 Phase III sub-study data Positive +13.9% ASCO GI sub-study showing favorable PK/PD profile for IAG vs IV.
Dec 11 Clinical abstract acceptance Positive +1.6% ASCO GI 2026 abstract on TIGeR-PaC pharmacokinetic sub-study.

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

Pattern Detected

Clinical-trial related headlines for RNXT have produced mixed reactions: several positive data/abstract updates led to gains, but some similar updates saw single-day declines, with an average move of about 1.25%.

Recent Company History

Over the past few months, RNXT has issued multiple clinical trial updates focused on its TAMP™ therapy platform and Phase III TIGeR-PaC program. Abstract acceptances at ASCO GI and interventional oncology meetings highlighted pharmacokinetic and pharmacodynamic advantages of intra-arterial gemcitabine. Price reactions ranged from a 13.86% gain to mid-single-digit declines, illustrating that not all data or abstract news translated into upside. Today’s milestone of surpassing 100 randomized patients and approaching full enrollment fits into this ongoing progression of clinical validation efforts.

Key Terms

phase iii, intra-arterial, gemcitabine, investigational new drug application, +4 more
8 terms
phase iii medical
"achieved a key milestone in its ongoing Phase III TIGeR‑PaC clinical trial"
A Phase III trial is the late-stage clinical study that tests whether a medical treatment works and is safe in a large group of patients, often comparing it to standard care. Think of it as a final dress rehearsal or full-scale road test before regulators decide on approval; positive or negative results strongly influence a drug maker’s chance to sell the treatment, future revenue, and investment risk.
intra-arterial medical
"oncology product candidate (intra-arterial gemcitabine delivered via RenovoCath, known as IAG)"
Injection or placement directly into an artery — the blood vessel that carries oxygen-rich blood away from the heart — so medicine, diagnostic agents, or devices reach a specific organ or tumor quickly and in higher concentration. For investors, intra-arterial approaches can change a treatment’s effectiveness, safety profile, regulatory pathway and device needs, which affects clinical adoption, market size and revenue potential much like delivering water straight into a main pipe reaches the target faster than sprinkling it on the surface.
gemcitabine medical
"intra-arterial gemcitabine delivered via RenovoCath, known as IAG"
Gemcitabine is a chemotherapy drug that works by interfering with cancer cells’ ability to copy their DNA, which slows or stops tumor growth. Investors watch it because clinical trial results, regulatory approvals, patent status, or manufacturing and supply issues for a widely used cancer medicine can materially affect a drugmaker’s sales, partnerships, and stock value—think of it as a key product whose market performance can move a company.
investigational new drug application regulatory
"under a U.S. investigational new drug application that is regulated by the FDA’s 21 CFR 312 pathway"
An investigational new drug application is a formal request made to regulatory authorities to begin testing a new medication in humans. It is a critical step in the drug development process, as approval indicates the drug has passed initial safety checks and can be studied further. For investors, this signals that a potential new treatment is progressing through its early testing stages, which can impact the company's future growth prospects.
21 cfr 312 regulatory
"investigational new drug application that is regulated by the FDA’s 21 CFR 312 pathway"
21 CFR 312 is the part of U.S. Food and Drug Administration rules that governs clinical testing of new drugs in humans under an Investigational New Drug (IND) application. It lays out how trials must be conducted, what safety monitoring and reporting are required, and how sponsors must handle adverse events so studies can legally proceed. For investors, compliance indicates whether a drug development program is following the regulatory pathway and helps gauge regulatory risk—similar to knowing a project has the necessary permits before construction starts.
data monitoring committee medical
"the independent data monitoring committee (DMC) for the trial recommended that RenovoRx continue"
A data monitoring committee is a group of experts responsible for reviewing and overseeing important information during a project or study to ensure everything is proceeding safely and correctly. For investors, it provides an extra layer of oversight, helping to identify potential issues early and ensuring that decisions are based on accurate, unbiased data. This helps maintain trust and safety throughout the process.
locally advanced pancreatic cancer medical
"TIGeR-PaC is evaluating IAG in locally advanced pancreatic cancer"
A stage of pancreatic cancer where the tumor has grown beyond the pancreas into nearby tissues or blood vessels but has not spread to distant organs, often making surgical removal difficult or impossible. Investors pay attention because this group of patients represents a large, urgent market for new treatments and clinical trials: successes or failures in this setting can quickly change a drug’s commercial prospects, regulatory path, and revenue outlook, much like a firefighting tool that’s in high demand when a blaze reaches critical structural parts of a building.
systemic intravenous therapy medical
"its potential to minimize a therapy’s toxicities versus systemic intravenous therapy"
Systemic intravenous therapy is a medical treatment in which a drug is placed directly into a vein so it travels through the bloodstream and affects the whole body, like sending medicine onto the body’s highway system rather than treating one local spot. For investors, these therapies matter because they often target serious or widespread conditions, involve higher development, manufacturing and hospital-delivery costs, and face specific regulatory and reimbursement hurdles that can strongly affect a healthcare company's revenue and risk profile.

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

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TIGeR-PaC Trial Enrollment Remains on Track for Completion in First Half of 2026, with Final Data Expected in 2027

Select TIGeR-PaC Cancer Centers Now Using RenovoCath® as a Stand-Alone Device for Drug-Delivery in Oncology Management

MOUNTAIN VIEW, Calif., March 26, 2026 (GLOBE NEWSWIRE) -- RenovoRx, Inc. (“RenovoRx” or “the Company”) (Nasdaq: RNXT), a life-sciences company developing innovative targeted oncology therapies and commercializing RenovoCath®, a patented, FDA-cleared drug-delivery device, today announced the Company has achieved a key milestone in its ongoing Phase III TIGeR‑PaC clinical trial by surpassing 100 randomized patients and remains on track for enrollment completion in the first half of 2026, with final data expected in 2027.

“Reaching over 100 randomized patients marks an important milestone in our Phase III trial as we maintain strong momentum toward enrollment completion. We remain committed to completing the TIGeR-PaC trial and delivering final data in 2027,” said Leesa Gentry, Chief Clinical Officer of RenovoRx. “In parallel, select TIGeR-PaC cancer centers have begun using the TAMP™ therapy platform, enabled by the RenovoCath device, for targeted drug-delivery in the treatment of patients diagnosed with solid tumors.”

RenovoRx’s novel drug-device combination oncology product candidate (intra-arterial gemcitabine delivered via RenovoCath, known as IAG) is being evaluated in the TIGeR-PaC trial. IAG is being evaluated by the Center for Drug Evaluation and Research (the drug division of the FDA) under a U.S. investigational new drug application that is regulated by the FDA’s 21 CFR 312 pathway. IAG utilizes RenovoCath, the Company’s patented, FDA-cleared drug-delivery device, indicated for temporary vessel occlusion in applications including arteriography, preoperative occlusion, and chemotherapeutic drug infusion. TIGeR-PaC is evaluating IAG in locally advanced pancreatic cancer, and its potential to minimize a therapy’s toxicities versus systemic intravenous therapy.

The current protocol and statistical analysis plan for the TIGeR-PaC trial requires 114 randomized patients, with 86 events (deaths) necessary to complete the final analysis. As of March 24, 2026, 104 patients have been randomized and 72 events have occurred. RenovoRx anticipates completion of enrollment by the end of the first half of 2026, ensuring a minimum of 114 patients will be randomized.

The first and second pre-planned interim analyses were conducted per protocol specifications and triggered upon the 26th event (2023) and the 52nd event (2025), respectively. In both the first and second interim analyses, the independent data monitoring committee (DMC) for the trial recommended that RenovoRx continue with the trial, based on its review of the data.

About RenovoCath

Based on its FDA clearance, RenovoCath® is intended for the isolation of blood flow and delivery of fluids, including diagnostic and/or therapeutic agents, to select sites in the peripheral vascular system. RenovoCath is also indicated for temporary vessel occlusion in applications including arteriography, preoperative occlusion, and chemotherapeutic drug infusion. For further information regarding our RenovoCath Instructions for Use (“IFU”), please see:  IFU-10004-Rev.-G-Universal-IFU.pdf.

About RenovoRx, Inc.

RenovoRx, Inc. (Nasdaq: RNXT) is a life sciences company developing innovative targeted oncology therapies and commercializing RenovoCath®, a novel, U.S. Food and Drug Administration (FDA)-cleared local drug-delivery device, targeting high unmet medical needs. RenovoRx’s patented Trans-Arterial Micro-Perfusion (TAMP™) therapy platform is designed for targeted therapeutic delivery across the arterial wall near the tumor site to bathe the target tumor, while potentially minimizing a therapy’s toxicities versus systemic intravenous therapy. RenovoRx’s novel approach to targeted treatment offers the potential for increased safety, tolerance, and improved efficacy, and its mission is to transform the lives of cancer patients by providing innovative solutions to enable targeted delivery of diagnostic and therapeutic agents.

RenovoRx is in the initial stages of actively commercializing its TAMP technology and FDA-cleared RenovoCath as a stand-alone device. In December 2024, RenovoRx announced the receipt of its first commercial purchase orders for RenovoCath devices, and for the first nine months of 2025, approximately $900,000 of revenues were generated from RenovoCath sales. Several customers have already initiated repeat orders in parallel to RenovoRx expanding the number of medical institutions initiating new RenovoCath orders, including several esteemed, high-volume National Cancer Institute-designated centers. To meet and satisfy the anticipated demand, RenovoRx will continue to actively explore further revenue-generating activity, either on its own or in tandem with a medical device commercial partner.

RenovoRx is also evaluating its novel drug-device combination oncology product candidate (intra-arterial gemcitabine delivered via RenovoCath, known as IAG) in the ongoing Phase III TIGeR-PaC trial. IAG is being evaluated by the Center for Drug Evaluation and Research (the drug division of the FDA) under a U.S. investigational new drug application that is regulated by the FDA’s 21 CFR 312 pathway. IAG utilizes RenovoCath, the Company’s patented, FDA-cleared drug-delivery device, indicated for temporary vessel occlusion in applications including arteriography, preoperative occlusion, and chemotherapeutic drug infusion.

The IAG combination product candidate, which is enabled by the RenovoCath device, is currently under investigation and has not been approved for commercial sale. RenovoCath with gemcitabine received Orphan Drug Designation for pancreatic cancer and bile duct cancer, which provides seven years of market exclusivity upon new drug application approval by the FDA.

For more information, visit www.renovorx.com. Follow RenovoRx on FacebookLinkedIn, and X.

Cautionary Note Regarding Forward-Looking Statements

This press release and statements of the Company’s management made in connection therewith contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements regarding the anticipated benefits to the Company of the trial enrollment milestone described herein as well as (i) our clinical trials and studies generally (including the timing for full enrollment and final data readout in the TIGeR-PaC trial), (ii) the potential for IAG to treat or provide clinically meaningful outcomes for certain medical conditions or diseases, and (iii) our efforts to commercialize our RenovoCath and our TAMP technology. Statements that are not purely historical are forward-looking statements. The forward-looking statements contained herein are based upon our current expectations and beliefs regarding future events, many of which, by their nature, are inherently uncertain, outside of our control, and involve assumptions that may never materialize or may prove to be incorrect. These may include estimates, projections, and statements relating to our research and development plans, intellectual property development, clinical trials, our therapy platform, business plans, financing plans, objectives, and expected operating results, which are based on current expectations and assumptions that are subject to known and unknown risks and uncertainties that may cause actual results to differ materially and adversely from those expressed or implied by these forward-looking statements. These statements may be identified using words such as “may,” “expects,” “plans,” “aims,” “anticipates,” “believes,” “forecasts,” “estimates,” “intends,” and “potential,” or the negative of these terms or other comparable terminology regarding RenovoRx’s expectations, strategy, plans, or intentions, although not all forward-looking statements contain these words. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions that could cause actual events to differ materially from those projected or indicated by such statements, including, among other things: (i) the risk that our exploration of commercial opportunities for our TAMP technology may not lead to viable, revenue-generating operations; (ii) circumstances which would adversely impact our ability to efficiently utilize our cash resources on hand or raise additional funding; (iii) the timing of the initiation, progress, and potential results (including the results of interim analyses) of our preclinical studies, clinical trials, and our research programs; (iv) the possibility that interim results may not be predictive of the outcome of our clinical trials, which may not demonstrate sufficient safety and efficacy to support regulatory approval of our product candidate; (v) that the applicable regulatory authorities may disagree with our interpretation of the data, research, and clinical development plans and timelines, and the regulatory process for our product candidates; (vi) future potential regulatory milestones for our product candidates, including those related to current and planned clinical studies; (vii) our ability to use and expand our therapy platform to build a pipeline of product candidates; (viii) our ability to advance product candidates into, and successfully complete, clinical trials; (ix) the timing or likelihood of regulatory filings and approvals; (x) our estimates of the number of patients who suffer from the diseases we are targeting and the number of patients that may enroll in our clinical trials; (xi) the commercialization potential of our product candidates, if approved; (xii) our ability and the potential to successfully manufacture and supply our product candidates for clinical trials and for commercial use, if approved; (xiii) future strategic arrangements and/or collaborations and the potential benefits of such arrangements; (xiv) our estimates regarding expenses, future revenue, capital requirements, and needs for additional financing and our ability to obtain additional capital; (xv) the sufficiency of our existing cash and cash equivalents to fund our future operating expenses and capital expenditure requirements; (xvi) our ability to retain the continued service of our key personnel and to identify, and hire and retain additional qualified personnel; (xvii) the implementation of our strategic plans for our business and product candidates; (xviii) the scope of protection we are able to establish and maintain for intellectual property rights, including our therapy platform, product candidates, and research programs; (xix) our ability to contract with third-party suppliers and manufacturers and their ability to perform adequately; (xx) the pricing, coverage, and reimbursement of our product candidates, if approved; and (xxi) developments relating to our competitors and our industry, including competing product candidates and therapies. Information regarding the foregoing and additional risks may be found in the section entitled “Risk Factors” in documents that we file from time to time with the Securities and Exchange Commission.

Forward-looking statements included herein are made as of the date hereof, and RenovoRx does not undertake any obligation to update publicly such forward-looking statements to reflect subsequent events or circumstances, except as required by law.

Contact:
KCSA Strategic Communications
Valter Pinto or Jack Perkins
T: 212-896-1254
RenovoRX@KCSA.com


FAQ

How many patients has RenovoRx (RNXT) randomized in the TIGeR-PaC Phase III trial as of March 24, 2026?

The trial had randomized 104 patients as of March 24, 2026. According to the company, the protocol requires a total of 114 randomized patients to meet enrollment targets for final analysis.

When does RenovoRx expect TIGeR-PaC enrollment to finish and final data to be released (RNXT)?

RenovoRx expects enrollment completion in the first half of 2026 with final data in 2027. According to the company, meeting enrollment targets will enable the planned 86-event final analysis timeline.

How many events does TIGeR-PaC need for final analysis and how many have occurred (RNXT)?

The trial requires 86 events for final analysis and had recorded 72 events as of March 24, 2026. According to the company, an additional 14 events are needed to reach the pre-specified 86-event threshold.

What did the independent data monitoring committee recommend after TIGeR-PaC interim analyses for RNXT?

After the first and second interim analyses, the independent DMC recommended the trial continue. According to the company, both interim reviews triggered per protocol did not prompt a stop recommendation.

Is the RenovoCath device being used clinically during the TIGeR-PaC trial (RNXT)?

Select TIGeR-PaC cancer centers have begun using the RenovoCath-enabled TAMP therapy platform for targeted drug delivery. According to the company, RenovoCath is a patented, FDA-cleared device for temporary vessel occlusion and drug infusion.

What is the IAG therapy being tested in the TIGeR-PaC trial and its regulatory pathway (RNXT)?

IAG is intra-arterial gemcitabine delivered via RenovoCath, evaluated under a U.S. investigational new drug application. According to the company, IAG is regulated by FDA 21 CFR 312 during the TIGeR-PaC study.