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Silexion Therapeutics Receives Approval from Israeli Ministry of Health to Initiate Phase 2/3 Clinical Trial of SIL204 in Locally Advanced Pancreatic Cancer

(Very Positive)

Silexion Therapeutics (NASDAQ: SLXN) received Israeli Ministry of Health approval on March 24, 2026 to initiate a Phase 2/3 trial of SIL204 in locally advanced pancreatic cancer, marking advancement to clinical-stage development.

SIL204 targets a broad range of KRAS mutations (present in >90% of pancreatic cancers), follows strong preclinical anti-tumor activity, completed toxicology studies, and plans a Germany filing by quarter-end with EU filings planned in early 2027.

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Positive

  • Israeli Ministry of Health approval on March 24, 2026
  • Planned human trial start in Q2 2026
  • Completed toxicology studies supporting clinical entry
  • Strong positive preclinical anti-tumor activity reported
  • Phase 2/3 filing planned in Germany by quarter-end
  • Targets >90% of pancreatic cancers with KRAS mutations

Negative

  • None.

News Market Reaction – SLXN

+5.51% 3.6x vol
9 alerts
+5.51% Session close to close
+4.3% Peak Tracked
-21.4% Trough Tracked
$4.23M Market Cap
3.6x Rel. Volume

In the Mar 24 session, SLXN gained 5.51%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.3% during that session. Argus tracked a trough of -21.4% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. Trading volume was very high at 3.6x the daily average, suggesting strong buying interest.

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 step‑wise de‑risking seen in prior SIL204 updates, where clinical‑trial milestones often drew sharp moves. However, shares remain far below the 52‑week high of $22.36 and under the 200‑day MA of $5.21, highlighting prior dilution and financing overhang. Existing resale registration of up to $4.9M via warrants could also influence future supply dynamics.

Key Figures

KRAS prevalence: over 90% of pancreatic cancers Trial phase: Phase 2/3 Trial initiation timing: Q2 2026 +1 more
4 metrics
KRAS prevalence over 90% of pancreatic cancers KRAS mutations cited as present in pancreatic cancers
Trial phase Phase 2/3 Planned SIL204 clinical trial in locally advanced pancreatic cancer
Trial initiation timing Q2 2026 Expected start of human clinical trials for SIL204
EU filings timing early 2027 Planned additional regulatory filings across the European Union

Previous Clinical trial Reports

5 past events · Latest: Dec 16 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Dec 16 Trial application Israel Positive +1.2% Submitted Phase 2/3 clinical trial application in Israel for SIL204.
Dec 02 German design feedback Positive -7.6% Received favorable Scientific Advice from German regulator on Phase 2/3 design.
Nov 25 Toxicology completion Positive +7.6% Completed two-species toxicology with no systemic organ toxicity for SIL204.
Sep 11 Preclinical efficacy data Positive +9.9% Reported systemic anti-tumor activity and distribution to metastatic sites in models.
Sep 04 CRO engagement Positive -2.0% Selected CRO to support upcoming Phase 2/3 clinical trials for SIL204.

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

Pattern Detected

Clinical‑trial news for SIL204 has generally been positive, with mixed price reactions: three aligned moves and two divergences, and an average same‑tag move of 1.82%.

Recent Company History

Over the past year, Silexion has moved SIL204 toward Phase 2/3 in locally advanced pancreatic cancer. Key steps included CRO selection on Sep 4, 2025, positive preclinical distribution data on Sep 11, 2025, completion of toxicology on Nov 25, 2025, favorable German Scientific Advice on Dec 2, 2025, and submission of the Israeli trial application on Dec 16, 2025. Today’s Israeli approval follows this sequence of de‑risking events.

Key Terms

rna interference, kras, phase 2/3 clinical trial, toxicology studies, +1 more
5 terms
rna interference medical
"next-generation RNAi therapy featuring an innovative, integrated systemic treatment"
RNA interference is a natural cellular process that acts like a mute switch to reduce or silence the activity of a specific gene by targeting its messenger RNA, the blueprint used to make a protein. For investors, it matters because therapies and diagnostics that harness this mechanism can precisely block disease-causing proteins, creating new drug classes with high potential reward but also scientific, manufacturing and regulatory risks that affect company value.
kras medical
"designed to silence KRAS mutations, which are present in over 90% of pancreatic cancers"
KRAS is a gene that makes a protein acting like a switch to control cell growth; certain changes (mutations) can lock that switch on and drive uncontrolled cell multiplication, which is a common cause of many cancers. Investors care because drugs or tests targeting KRAS mutations can create large markets or avoidable risks depending on trial results and regulatory decisions, much like a key product feature deciding a gadget’s commercial success.
phase 2/3 clinical trial medical
"to initiate its Phase 2/3 clinical trial evaluating SIL204 for the treatment"
A phase 2/3 clinical trial is a single, combined study that first tests whether a treatment works and is safe in a modest number of patients, then expands seamlessly into a larger, confirmatory stage if early results are promising. Think of it like a prototype test that can quickly move into full production without starting over; for investors, it concentrates risk and time, because positive results can speed regulatory approval while negative results can be a major setback.
toxicology studies medical
"successful completion of toxicology studies, and constructive regulatory engagement"
Toxicology studies are safety tests that measure whether a drug, chemical or product can cause harm to people, animals or the environment, often using cells, animals or lab models to spot toxic effects and safe dose ranges. Investors care because these results influence regulatory approval, development costs, timelines and legal risk—much like crash tests signal whether a car is safe to sell and how much fixing or redesign it might require before hitting the market.
locally advanced pancreatic cancer medical
"Phase 2/3 clinical trial evaluating SIL204 for the treatment of 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.

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

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Significant regulatory milestone marks advancement into clinical-stage development of next-generation RNAi therapy featuring an innovative, integrated systemic treatment delivery approach targeting highly prevalent KRAS-driven cancers with significant unmet medical need

Company reported strong positive preclinical study results demonstrating significant anti-tumor activity in multiple models and announced successful completion of toxicology studies, and constructive regulatory engagement supporting the Phase 2/3 trial design

Silexion expects to initiate human clinical trials in the second quarter of 2026

Grand Cayman, Cayman Islands, March 24, 2026 (GLOBE NEWSWIRE) -- Silexion Therapeutics Corp. (NASDAQ: SLXN) ("Silexion" or the "Company"), a clinical-stage, oncology-focused biotechnology company, today announced that it has received formal approval from the Israeli Ministry of Health to initiate its Phase 2/3 clinical trial evaluating SIL204 for the treatment of locally advanced pancreatic cancer, following positive preclinical results that demonstrated significant anti-tumor activity in mulitple models alongside successful completion of toxicology studies.

This approval represents a major regulatory milestone and a critical advancement for the Company, enabling the transition of SIL204 into human clinical evaluation and positioning Silexion as a clinical-stage biotechnology company focused on KRAS-driven cancers.

SIL204 is designed to silence KRAS mutations, which are present in over 90% of pancreatic cancers and are widely recognized as one of the most challenging targets in oncology. Unlike mutation-specific approaches, SIL204 is engineered to target a broad range of KRAS mutations, supporting its potential applicability across multiple high-value cancer indications.

The approval follows a series of major positive developments achieved by the Company, including strong positive anti-tumor activity demonstrated in multiple preclinical models, successful completion of toxicology studies, and constructive regulatory engagement supporting the Phase 2/3 trial design. Together, these achievements have enabled SIL204 to advance toward clinical-stage development. The Company also plans to submit a Phase 2/3 clinical trial application in Germany by the end of this current quarter, with additional regulatory filings across the European Union planned in early 2027.

“The receipt of this approval marks a defining and highly significant milestone for Silexion,” said Ilan Hadar, Chairman and Chief Executive Officer of Silexion Therapeutics. “We are now advancing SIL204 into a pivotal clinical trial with the goal of addressing KRAS-driven cancers at their source. This progress reflects the strength of our data, the safety demonstrated during the Loder (predecessor to SIL204) clinical trial, the urgency of the unmet need in pancreatic cancer, and our continued execution toward developing a potentially transformative therapy.”

About Silexion Therapeutics
Silexion Therapeutics is a pioneering clinical-stage, oncology-focused biotechnology company dedicated to the development of innovative treatments for unsatisfactorily treated solid tumor cancers that have the mutated KRAS oncogene, generally considered to be the most common oncogenic gene driver in human cancers. The Company conducted a Phase 2a clinical trial in its first-generation product, which showed a positive trend in comparison to the control of chemotherapy alone. Silexion is committed to pushing the boundaries of therapeutic advancements in the field of oncology and further developing its lead product candidate for locally advanced pancreatic cancer. For more information, please visit: https://silexion.com

Notice Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the federal securities laws. All statements other than statements of historical fact contained in this communication, including, for example, statements regarding the initiation, timing, design, and conduct of the planned Phase 2/3 clinical trial of SIL204, including expected trial commencement in the second quarter of 2026 and patient enrollment; the timing, content, and outcome of regulatory submissions and interactions with regulatory authorities in Israel, Germany, the European Union, and other jurisdictions; the advancement of SIL204 into clinical-stage development; the potential therapeutic benefits and clinical utility of SIL204 across KRAS-driven cancers; the Company’s plans to expand development into additional indications, including colorectal and lung cancers; the Company’s development strategy and anticipated milestones; its ability to raise additional capital and fund operations; and its ability to maintain its Nasdaq listing, are forward-looking statements. These forward-looking statements are generally identified by terminology such as "may", "should", "could", "might", "plan", "possible", "project", "strive", "budget", "forecast", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology. Forward-looking statements involve a number of risks, uncertainties, and assumptions, and actual results or events may differ materially from those projected or implied in those statements. Important factors that could cause such differences include, but are not limited to: (i) Silexion's ability to successfully complete preclinical studies and initiate clinical trials; (ii) Silexion's strategy, future operations, financial position, projected costs, prospects, and plans; (iii) the impact of the regulatory environment and compliance complexities; (iv) expectations regarding future partnerships or other relationships with third parties; (v) Silexion's future capital requirements and sources and uses of cash, including its ability to obtain additional capital; (vi) Silexion's ability to maintain its Nasdaq listing; and (vii) other risks and uncertainties set forth in the documents filed by the Company with the SEC, including the Company's Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 17, 2026. Silexion cautions you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made. Forward-looking statements set forth herein speak only as of the date they are made. Silexion undertakes no obligation to revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, except as otherwise required by law.

Company Contact:
Silexion Therapeutics Corp
Ms. Mirit Horenshtein Hadar, CFO
mirit@silexion.com

Investor Relations
Arx Investor Relations
North American Equities Desk
silexion@arxhq.com


FAQ

What did Silexion (SLXN) receive approval for on March 24, 2026?

Silexion received formal Israeli Ministry of Health approval to start a Phase 2/3 trial of SIL204 in locally advanced pancreatic cancer. According to the company, this permits initiating human evaluation after positive preclinical and toxicology results.

When does Silexion expect to begin the SIL204 Phase 2/3 trial (SLXN)?

Silexion expects to initiate human clinical trials in Q2 2026. According to the company, regulatory approval and completed toxicology enabled the planned Q2 start for the pivotal Phase 2/3 program.

What does SIL204 target and how common are those mutations in pancreatic cancer (SLXN)?

SIL204 is engineered to silence a broad range of KRAS mutations, which the company states occur in over 90% of pancreatic cancers. According to the company, the approach aims at KRAS-driven tumors across multiple mutations.

What preclinical and safety data supported SLXN's Phase 2/3 approval?

The approval followed strong positive anti-tumor activity in multiple preclinical models and successful completion of toxicology studies. According to the company, these data and constructive regulatory engagement supported the Phase 2/3 design.

Will Silexion (SLXN) file for clinical trials outside Israel and when?

Yes. Silexion plans a Phase 2/3 clinical trial application in Germany by the end of the current quarter and additional EU filings in early 2027. According to the company, these filings expand the trial’s regulatory footprint.

How does Silexion position SIL204 in relation to prior clinical data (SLXN)?

Silexion cites safety demonstrated during the Loder predecessor clinical trial as supportive context for SIL204’s development. According to the company, Loder’s safety data, combined with current preclinical and toxicology results, inform the Phase 2/3 program.