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Tiziana Life Sciences Announces Publication of Positive Data Demonstrating Intranasal Anti-CD3 Antibody Attenuates Long COVID Neuroinflammation and Improves Cognitive Function

(Positive)
Tags
covid-19

Tiziana Life Sciences (NASDAQ: TLSA) announced publication (April 16, 2026) of positive preclinical data on intranasal foralumab in a bioRxiv preprint. The mouse study showed reduced neuroinflammation, increased brain FoxP3+ IL-10+ Tregs, restored hippocampal neurogenesis, and improved short-term memory. Human observational data linked Long COVID neurological symptoms to lower circulating Tregs. The preprint is not yet peer-reviewed.

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Positive

  • BioRxiv publication of positive preclinical data (April 16, 2026)
  • Increased brain FoxP3+ IL-10+ Tregs after intranasal anti-CD3 in mice
  • Restored hippocampal neurogenesis and improved short-term memory in Long COVID mouse model

Negative

  • Findings are preclinical in mice and human efficacy is not established
  • The bioRxiv preprint is not peer-reviewed, limiting immediate clinical certainty

News Market Reaction – TLSA

+0.75%
8 alerts
+0.75% Session close to close
+2.3% Peak Tracked
-12.2% Trough Tracked
$181.50M Market Cap
0.8x Rel. Volume

In the Apr 16 session, TLSA gained 0.75%, reflecting a mild positive market reaction. Argus tracked a peak move of +2.3% during that session. Argus tracked a trough of -12.2% from its starting point during tracking. Our momentum scanner triggered 8 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 positive preclinical bioRxiv data showing intranasal foralumab reduced ...
Analysis

This announcement highlights positive preclinical bioRxiv data showing intranasal foralumab reduced Long COVID–related neuroinflammation and improved cognition in mice, reinforcing Tiziana’s focus on brain inflammation and “brain fog.” A prior Long COVID update produced a 6.07% move, indicating market sensitivity to this program. Investors may watch for peer-reviewed publication, human Long COVID data, and progress across related neurodegenerative trials to gauge how this mechanistic validation translates into clinical and commercial potential.

Previous Covid-19 Reports

1 past event · Latest: Feb 25 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
Feb 25 Long COVID update Positive +6.1% Announced nasal anti-CD3 Long COVID preclinical study nearing completion with supportive data.

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

Pattern Detected

Limited COVID-19–tagged history, but the prior Long COVID update was followed by a positive price reaction.

Recent Company History

Over the past year, Tiziana has steadily highlighted intranasal foralumab’s potential in Long COVID. A prior Feb 25, 2025 update on a Long COVID preclinical study and prior COVID-19 data led to a 6.07% gain, suggesting investor interest in this indication. Today’s publication of positive preclinical bioRxiv data in a Long COVID brain fog model extends that narrative, reinforcing the same mechanism of reducing microglial-driven neuroinflammation and supporting the Long COVID program’s therapeutic rationale.

Key Terms

anti-cd3, monoclonal antibody, regulatory t cells, tregs, +4 more
8 terms
anti-cd3 medical
"intranasal foralumab, a fully human, anti-CD3 monoclonal antibody, announces"
An anti‑CD3 is an antibody drug that binds to the CD3 protein on T cells, the immune system’s frontline soldiers, to change how those cells behave. Think of it like attaching a remote control to specific immune cells to dial their activity up, down or redirect them; for investors, anti‑CD3 therapies signal a drug class with significant promise in autoimmune diseases, transplant protection and certain cancer strategies, but also carry clinical, regulatory and safety risks that strongly influence valuation and trial outcomes.
monoclonal antibody medical
"intranasal foralumab, a fully human, anti-CD3 monoclonal antibody, announces"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
regulatory t cells medical
"boosts regulatory T cells (Tregs) in the brain, restores hippocampal"
Regulatory T cells are a specialized type of immune cell that act like a brake on the body’s defense system, preventing it from attacking healthy tissue or causing chronic inflammation. They matter to investors because drugs that increase or block these cells can change treatment success and safety in areas such as autoimmune disease, organ transplants, and cancer immunotherapy, affecting clinical trial results, approval chances, and commercial value.
tregs medical
"boosts regulatory T cells (Tregs) in the brain, restores hippocampal"
Regulatory T cells (Tregs) are a type of immune cell that act like the body’s brakes or thermostat, keeping immune responses in balance to prevent excessive inflammation or attacks on healthy tissue. For investors, Tregs matter because therapies that increase or decrease their activity are central to treatments for autoimmune diseases, transplant rejection and some cancers; changes in clinical trial results or regulatory decisions around Treg-targeting drugs can quickly alter a company’s valuation and risk profile.
microglia medical
"reprogrammed microglia from a pro-inflammatory to a regulatory phenotype, reduced"
Microglia are the brain’s resident immune cells that act like on-site janitors and security guards: they clear damaged cells and debris, patrol for threats, and coordinate local repair. For investors, microglia matter because they are a major target and biomarker in drug development for neurological and psychiatric conditions; therapies that modulate microglial activity can drive clinical trial outcomes, regulatory decisions, and the commercial value of biotech investments.
gliosis medical
"reprogrammed microglia from a pro-inflammatory to a regulatory phenotype, reduced gliosis"
Gliosis is the brain or spinal cord’s healing response in which support cells (glia) multiply and form a scar-like barrier after injury, infection, or disease. Like a tough patch of scar tissue on skin, this process can block recovery or alter function, so it matters to investors because the extent of gliosis affects how well therapies work, influences clinical trial outcomes, and can shape the commercial prospects of neurological drugs and devices.
chemokines medical
"By reprogramming microglia, reducing harmful chemokines like CCL11, and restoring"
Small signaling proteins that act like traffic signals, guiding immune and inflammatory cells to specific locations in the body such as sites of infection, injury or disease. They matter to investors because chemokines are common drug targets and biomarkers: changes in their activity can drive therapeutic strategies, affect clinical trial design and outcomes, and influence regulatory decisions and commercial potential for treatments in immunology, oncology and other fields.
hippocampal neurogenesis medical
"restores hippocampal neurogenesis, and improves short-term memory in a model"
The growth of new nerve cells in the hippocampus, a part of the brain involved in memory and mood. It matters to investors because drugs or therapies that boost this process can indicate potential treatments for cognitive and mood disorders, affecting clinical trial results, regulatory approval chances, and commercial value. Think of it like hiring new librarians for a library: more staff can improve how information is organized and retrieved, which can make a treatment more promising.

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

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Data from independent academic collaborators published on bioRxiv support the therapeutic potential of the Company’s lead candidate, intranasal foralumab, for Long COVID associated “brain fog”.

BOSTON, April 16, 2026 (GLOBE NEWSWIRE) -- Tiziana Life Sciences, Ltd. (Nasdaq: TLSA) (“Tiziana”), a biotechnology company developing its lead candidate, intranasal foralumab, a fully human, anti-CD3 monoclonal antibody, announces the publication of positive preclinical data in a bioRxiv preprint. The study, titled “Intranasal Anti-CD3 Antibody Treatment Attenuates Post COVID Neuroinflammation and Enhances Hippocampal Neurogenesis and Cognitive Function in Mice,” demonstrates that nasal anti-CD3 treatment significantly reduces neuroinflammation, boosts regulatory T cells (Tregs) in the brain, restores hippocampal neurogenesis, and improves short-term memory in a model of Long COVID.

Conducted by leading researchers including co-corresponding authors Akiko Iwasaki, Ph.D. (Yale University) and Howard L. Weiner, M.D. (Brigham and Women’s Hospital, Harvard Medical School), the study used a respiratory restricted mild SARS-CoV-2 mouse model that recapitulates key neurological features of Long COVID without direct brain infection. Nasal administration of anti-CD3 monoclonal antibody either shortly after infection or in the chronic phase increased brain FoxP3+ IL-10+ Tregs, reprogrammed microglia from a pro-inflammatory to a regulatory phenotype, reduced gliosis (astrocytes and microglia) in white matter and hippocampus, normalized CCL11 levels, restored neurogenesis, and rescued cognitive deficits. Human observational data in the study further showed that Long COVID patients with neurological symptoms exhibit lower circulating Treg levels, reinforcing the translational relevance.

The full preprint is available on bioRxiv and has not yet been peer-reviewed.
Link here: https://www.biorxiv.org/content/10.64898/2026.04.07.716934v1

These findings show that nasal anti-CD3 can potently induce regulatory T cells that cross into the brain and dampen persistent neuroinflammation triggered by even mild respiratory viral infection. By reprogramming microglia, reducing harmful chemokines like CCL11, and restoring the hippocampal neurogenic niche, this approach offers a promising, non-invasive strategy to address the cognitive impairment often called ‘brain fog’ that continues to affect millions of Long COVID patients worldwide.

Dr. Howard L. Weiner, co-corresponding author, Director of the Ann Romney Center for Neurologic Diseases at Brigham and Women’s Hospital, and Chair of the Scientific Advisory Board of Tiziana Life Sciences, added: “This study builds on our extensive work with nasal anti-CD3 and highlights its ability to modulate the immune system at the mucosal surface to promote central nervous system repair. The broad therapeutic window, effective both early and late after infection, and the lack of impact on antiviral immunity make intranasal foralumab an exciting candidate for clinical development in post-viral neuroinflammatory conditions.”

Ivor Elrifi, Chief Executive Officer of Tiziana Life Sciences, commented: “We are thrilled to see these robust preclinical data in BioRxiv, further validating the broad therapeutic potential of our intranasal foralumab platform. Foralumab is the only fully human anti-CD3 monoclonal antibody in clinical development, and these results directly support the mechanistic foundation for our ongoing programs in non active secondary progressive multiple sclerosis, MSA, Alzheimer’s disease, and ALS.”

Tiziana’s intranasal foralumab has previously demonstrated favorable safety and signals of clinical benefit in an expanded access program in non-active secondary progressive multiple sclerosis, with reductions in microglial activation observed via PET imaging.

About Foralumab

Foralumab, a fully human anti-CD3 monoclonal antibody, is a biologic candidate that has been shown to stimulate T regulatory cells when dosed intranasally. Currently, 14 patients with Non-Active Secondary Progressive Multiple Sclerosis (na-SPMS) have been dosed in an open-label intermediate sized Expanded Access (EA) Program (NCT06802328) with either an improvement or stability of disease seen within 6 months in all patients. In addition, intranasal foralumab is currently being studied in a Phase 2a, randomized, double-blind, placebo-controlled, multicenter, dose-ranging trial in patients with non-active secondary progressive multiple sclerosis (NCT06292923).

Foralumab is the only fully human anti-CD3 monoclonal antibody (mAb) currently in clinical development. Immunomodulation by intranasal foralumab represents a novel avenue for the treatment of neuroinflammatory and neurodegenerative human diseases.[1],[2],[3]

About Tiziana Life Sciences

Tiziana is a clinical-stage biopharmaceutical company developing breakthrough therapies using transformational drug delivery technologies to enable alternative routes of immunotherapy. Tiziana’s innovative nasal approach has the potential to provide an improvement in efficacy as well as safety and tolerability compared to intravenous (IV) delivery. Tiziana’s lead candidate, intranasal foralumab, which is the only fully human anti-CD3 mAb currently in clinical development, has demonstrated a favorable safety profile and clinical response in patients in studies to date. Tiziana’s technology for alternative routes of immunotherapy has been patented with several applications pending and is expected to allow for broad pipeline applications.

For more information about Tiziana and its innovative pipeline of therapies, please visit www.tizianalifesciences.com.

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Tiziana's current expectations, estimates, and projections about its industry, its beliefs, and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Tiziana's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Tiziana cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of Tiziana only as of the date of this announcement. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled ‘Risk Factors’ in Tiziana’s Annual Report on Form 20-F for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. Tiziana will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.

For further inquiries:

Tiziana Life Sciences Ltd
Paul Spencer, Business Development, and Investor Relations
+44 (0) 207 495 2379
email: info@tizianalifesciences.com

[1] https://www.pnas.org/doi/10.1073/pnas.2220272120
[2] https://www.pnas.org/doi/10.1073/pnas.2309221120
[3] https://www.neurology.org/doi/10.1212/NXI.0000000000200543


FAQ

What did Tiziana (TLSA) publish on April 16, 2026 about intranasal foralumab?

Tiziana published a bioRxiv preprint reporting positive preclinical mouse data for intranasal foralumab. According to the company, the study showed reduced neuroinflammation, increased regulatory T cells in the brain, restored hippocampal neurogenesis, and improved short-term memory in a Long COVID model.

How did intranasal anti-CD3 (foralumab) affect neuroinflammation in the TLSA mouse study?

Intranasal anti-CD3 significantly reduced neuroinflammation and gliosis in mice. According to the company, treatment reprogrammed microglia to a regulatory phenotype, lowered CCL11 levels, and reduced astrocyte and microglial activation in white matter and hippocampus.

Does Tiziana's April 2026 study show human benefit for Long COVID brain fog?

The study provides supportive human observational data but no clinical efficacy proof in patients. According to the company, Long COVID patients with neurological symptoms had lower circulating Treg levels, reinforcing translational relevance but not demonstrating therapeutic benefit in humans yet.

Is the bioRxiv paper on intranasal foralumab peer-reviewed and ready to change TLSA clinical plans?

No—the bioRxiv preprint is not peer-reviewed. According to the company, the results are preclinical and supportive of clinical development, but peer review and human trials are required before altering clinical or regulatory plans.

What mechanisms did Tiziana report for foralumab’s cognitive benefits in the April 2026 study?

Foralumab induced regulatory T cells that entered the brain and reprogrammed microglia, restoring neurogenesis. According to the company, this lowered harmful chemokines like CCL11 and rescued short-term memory in the Long COVID mouse model.