Tiziana Life Sciences to Ring the Closing Bell at Nasdaq
Rhea-AI Summary
Tiziana Life Sciences (Nasdaq: TLSA) announced that Executive Chairman and Founder Gabriele Cerrone will ring the Nasdaq Closing Bell in Times Square on December 17, 2025 from 3:45 PM to 4:15 PM ET. The ceremony celebrates the company's progress advancing intranasal foralumab, a fully human anti-CD3 monoclonal antibody delivered nasally to target neurodegenerative and inflammatory diseases including multiple sclerosis, Alzheimer's disease, and ALS.
The company noted recent pipeline progress, including dosing the first patient in its Phase 2 Alzheimer's trial, and provided livestream links for the event.
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News Market Reaction 11 Alerts
On the day this news was published, TLSA declined 5.81%, reflecting a notable negative market reaction. Argus tracked a trough of -14.7% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $11M from the company's valuation, bringing the market cap to $184M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Down
Peers show mixed moves: SLS up 8.37%, TRDA up 2.9%, VYGR up 1.61%, while KYTX is down 4.3% and appeared in momentum scans with a larger intraday drop, and THRD is slightly down 0.55%. This points to stock-specific rather than broad sector action for TLSA.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 15 | Insider share purchase | Positive | -10.7% | CEO disclosed open-market purchase of 163,400 shares increasing total holdings. |
| Dec 15 | Financing update | Neutral | -10.7% | Company withdrew proposed public offering citing market conditions. |
| Dec 12 | Alzheimer’s trial update | Positive | +3.5% | Phase 2 randomized early Alzheimer’s trial began enrollment with dosing expected. |
| Dec 02 | Asset spinout plan | Neutral | +0.0% | Plan to spin out anti-IL-6 asset TZLS-501 into a separate listed company. |
| Nov 25 | ALS trial update | Positive | +5.2% | Intranasal foralumab ALS Phase 2 trial accepted into Healey ALS MyMatch Program. |
Recent clinically focused releases (ALS and Alzheimer’s trials) saw positive or flat next-day moves, while an insider share purchase coincided with a notable price drop, showing one clear divergence from typically aligned reactions.
Over the last few weeks, Tiziana reported multiple clinical and corporate updates. On Nov 25, 2025, its intranasal foralumab ALS Phase 2 trial entered the Healey ALS MyMatch Program, followed by a planned spinout of IL-6 asset TZLS-501 on Dec 2. Clinical momentum continued with the Phase 2 Alzheimer’s trial enrollment update on Dec 12. More recently, the company withdrew a proposed offering and disclosed CEO open-market share purchases on Dec 15. Today’s bell-ringing highlights these ongoing developments rather than adding new clinical data.
Market Pulse Summary
The stock moved -5.8% in the session following this news. A negative reaction despite this largely celebratory Nasdaq bell-ringing announcement would fit prior instances where the stock moved counter to seemingly supportive events, such as the -10.67% move following CEO share purchases. With shares already about 40.38% below the 52-week high before this news, broader sentiment, recent offering withdrawal, and clinical execution risk could have outweighed the symbolic nature of the ceremony in the short term.
Key Terms
intranasal foralumab medical
anti-CD3 monoclonal antibody medical
multiple sclerosis medical
Alzheimer's disease medical
AI-generated analysis. Not financial advice.
BOSTON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Tiziana Life Sciences, Ltd. (Nasdaq: TLSA) (“Tiziana” or the “Company”), a biotechnology company developing breakthrough immunomodulation therapies with its lead development candidate, intranasal foralumab, a fully human, anti-CD3 monoclonal antibody, announces that Executive Chairman and Founder, Gabriele Cerrone will ring the Closing Bell at the Nasdaq MarketSite in Times Square, New York today.
The ceremony, will be held from 3:45 PM to 4:15 PM ET, celebrates Tiziana's ongoing advancements in innovative treatments, including its lead candidate intranasal foralumab, a fully human anti-CD3 monoclonal antibody. The company's pioneering nasal delivery approach aims to provide improved efficacy, safety, and tolerability compared to traditional intravenous methods, targeting neurodegenerative and inflammatory diseases such as multiple sclerosis, Alzheimer's disease, and ALS.
"This is a proud milestone for Tiziana Life Sciences and a testament to the dedication of our team, partners, and investors," said Gabriele Cerrone, Executive Chairman and Founder of Tiziana Life Sciences. "Ringing the Nasdaq Closing Bell is a powerful celebration of the hard work and dedication of our exceptional team who are tirelessly working to transform patient outcomes through groundbreaking immunomodulation therapies. We are excited about the future as we advance our clinical programs and deliver on our mission to address unmet medical needs."
Tiziana Life Sciences continues to progress its pipeline, with recent achievements including the dosing of the first patient in its Phase 2 Alzheimer's trial and expansions in other key studies.
For more information about the event, visit: https://www.nasdaq.com/events/tiziana-life-sciences-rings-closing-bell
Ceremony Livestream Link: https://www.nasdaq.com/marketsite/bell-ringing-ceremony
About Foralumab
Foralumab, a fully human anti-CD3 monoclonal antibody, is a biological drug candidate that has been shown to stimulate T regulatory cells when dosed intranasally. At present, 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]
About Tiziana Life Sciences
Tiziana Life Sciences is a clinical-stage biopharmaceutical company developing breakthrough therapies using transformational drug delivery technologies to enable alternative routes of immunotherapy. Tiziana’s innovative intranasal 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 Life Sciences and its innovative pipeline of therapies, please visit www.tizianalifesciences.com.
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