STOCK TITAN

World-Premier Cancer Center Sheba Medical Center Selects Entolimod for Clinical Trial, Potentially Expanding Valion Bio into the Multi-Billion-Dollar Neutropenia Market

(Very Positive)

Valion Bio (Nasdaq: VBIO) announced that Sheba Medical Center, ranked the world’s #7 hospital, has finalized a clinical trial protocol to evaluate Entolimod in cancer patients receiving high-dose radiation for a rare cancer. Sheba independently selected Entolimod for its potential to reduce radiation-induced neutropenia and protect healthy tissue.

The Sheba study, enrolling up to 10 adults, is planned to be fully funded and conducted by Sheba, while Valion Bio supplies Entolimod and limited non-standard-of-care support. According to Valion Bio, this creates a second clinical development pathway beyond its FDA Animal Rule program for Acute Radiation Syndrome, potentially expanding Entolimod into the larger supportive oncology and neutropenia markets. Key expected milestones include IRB approval in Q3 2026, first patient enrollment in Q4 2026–Q1 2027, an interim readout in early 2027, and topline data in 2027.

Loading...
Loading translation...

Positive

  • Sheba Medical Center funds and runs trial, reducing Valion Bio’s cash outlay
  • Second development pathway beyond Acute Radiation Syndrome into radiation-induced neutropenia
  • Up to 10 cancer patients to generate independent, human clinical data
  • Clear milestone timeline through 2027 for IRB, enrollment, interim, and topline data
  • External validation from a top-ranked global hospital that approached Valion Bio

Negative

  • Initial Sheba study limited to up to 10 patients, constraining early data scope
  • Clinical milestones and data readouts are subject to regulatory and operational requirements
  • Evaluation focused on a rare cancer, which may limit early generalizability

Market reaction after cancer trial protocol: VBIO -28.50% in the Jul 20 session

-28.50% 4.0x vol
33 alerts
-28.50% Session close to close
-30.9% Trough in 31 hr 55 min
$1.62M Market Cap
4.0x Rel. Volume

In the Jul 20 session, VBIO declined 28.50%, reflecting a significant negative market reaction. Argus tracked a trough of -30.9% from its starting point during tracking. Our momentum scanner triggered 33 alerts that day, indicating elevated trading interest and price volatility. Trading volume was very high at 4.0x the daily average, suggesting heavy selling pressure.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -28.5% in the session following this news. Historical clinical-trial event 1051027...
Analysis

The stock dropped -28.5% in the session following this news. Historical clinical-trial event 1051027 recorded a -3.35% 24-hour reaction. That precedent contrasted with the externally funded study structure here; relatively low short positioning provided limited evidence of elevated squeeze risk, while execution and regulatory requirements remained risks.

Key Figures

Hospital ranking: #7 worldwide Development pathways: 2 clinical development pathways Planned enrollment: up to 10 adult patients +4 more
7 metrics
Hospital ranking #7 worldwide Sheba Medical Center
Development pathways 2 clinical development pathways Entolimod beyond Acute Radiation Syndrome
Planned enrollment up to 10 adult patients Sheba cancer patient study
IRB approval Q3 2026 Expected development milestone
First patient enrolled Q4 2026-Q1 2027 Expected development milestone
Interim data readout early 2027 Expected development milestone
Topline data 2027 Expected development milestone

Previous Clinical trial Reports

1 past event · Latest: May 05 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
May 05 Clinical trial protocol Positive -3.4% NIAID protocol triggered full funding for up to $7 million of BLA-enabling studies.

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

Pattern Detected

The only tag-specific clinical-trial precedent recorded a -3.35% 24-hour reaction despite the earlier announcement's positive development framing.

Key Terms

neutropenia, acute radiation syndrome, fda animal rule, institutional review board
4 terms
neutropenia medical
"radiation-induced neutropenia and protect healthy tissue during radiation therapy"
Neutropenia is a medical condition where the blood has an unusually low number of neutrophils, the white blood cells that act like the body’s front-line security guards against bacterial and fungal infections. For investors, it matters because neutropenia can signal safety or tolerability problems for drugs or treatments, driving clinical trial setbacks, regulatory scrutiny, additional monitoring costs, or label warnings that can influence a company’s commercial outlook and stock value. Monitoring for neutropenia is a common part of assessing medical risk and long-term financial impact.
acute radiation syndrome medical
"beyond Acute Radiation Syndrome into radiation-induced neutropenia"
Acute radiation syndrome is the sudden illness that happens after a person absorbs a large dose of ionizing radiation in a short time, damaging blood cells, the gut, skin, and other organs. Think of it like a severe, internal burn that can impair a person’s ability to heal and fight infection. Investors watch it because outbreaks, accidents, or tests can trigger urgent regulatory action, reshape demand for medical treatments and protective equipment, create liability risks, and affect the operations and stock prices of companies in healthcare, energy, insurance, and related supply chains.
fda animal rule regulatory
"alongside Valion Bio's FDA Animal Rule program"
A U.S. regulatory pathway that allows certain drugs or biological products to be approved based on well-controlled animal studies when human efficacy trials would be unethical or impossible, paired with human safety data. Think of it like approving a lifesaving device after convincing crash-test simulations because testing on real people would be harmful; for investors, it can shorten development time, change clinical risk, and affect the timeline and value of products aimed at rare, emergency, or biodefense uses.
institutional review board regulatory
"Institutional Review Board approval: Expected Q3 2026"
An institutional review board is an independent committee that reviews and approves research involving people to make sure studies are safe, ethical, and protect participants’ rights and privacy. For investors, IRB approval is a gatekeeper: it can determine whether a clinical trial can start or continue, affecting timelines, regulatory risk, cost and the credibility of trial results—similar to a safety inspector whose sign-off is required before work can proceed.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Sheba Medical Center, which is ranked the #7 hospital in the world, has chosen to evaluate and fund a trial of Valion Bio's Entolimod in cancer patients, creating a second clinical development pathway beyond Acute Radiation Syndrome.

Highlights

  • Independent Validation — Sheba Medical Center, ranked the #7 hospital in the world, selected Entolimod for clinical evaluation in cancer patients based on its potential to reduce radiation-induced neutropenia and protect healthy tissue during radiation therapy.
  • Second Major Commercial Opportunity — This study expands Entolimod beyond Acute Radiation Syndrome into radiation-induced neutropenia and supportive oncology care, representing a substantially larger commercial market.
  • Independent Clinical Value Driver — The study establishes a second clinical development pathway alongside Valion Bio's FDA Animal Rule program, as a medical countermeasure for Acute Radiation Syndrome (ARS).
  • Capital Efficient Development — Sheba is planning to fund and conduct the trial, enabling Valion Bio to generate independent clinical data with minimal incremental investment.

SAN ANTONIO, July 20, 2026 /PRNewswire/ -- Valion Bio, Inc. (Nasdaq: VBIO) today announced a major clinical development milestone with the finalization of an clinical trial protocol at Sheba Medical Center, one of the world's leading hospitals, to evaluate Entolimod in cancer patients receiving high doses of irradiation for a rare form of cancer.

VALION BIO, INC

The study, which will enroll up to 10 adult patients, will be conducted by Sheba Medical Center, which approached Valion Bio after recognizing Entolimod's potential to reduce radiation-induced neutropenia and protect healthy tissue during radiation therapy. Under the collaboration, Sheba is planning to fund and conduct the clinical trial, while Valion Bio will provide the investigational drug and support only limited study-related activities outside the standard of care, creating a potential highly capital-efficient opportunity to generate independent clinical data.

"This is a major value-creation milestone for Valion Bio and our shareholders," said Michael K. Handley, President and Chief Executive Officer of Valion Bio. "One of the world's premier hospitals and research centers recognized the potential of Entolimod and approached us to conduct this study. Their willingness to invest their own resources to evaluate Entolimod represents meaningful external validation of our science. More importantly, this collaboration could expand Entolimod beyond biodefense into the multi-billion-dollar supportive oncology market. If successful, Entolimod has the potential to become an important therapy for reducing radiation-induced neutropenia and protecting healthy tissue during cancer treatment, creating a second and potentially much larger commercial opportunity for our lead drug, Entolimod."

Expanding Beyond Biodefense

Entolimod is currently being developed under the U.S. FDA's Animal Rule as a medical countermeasure for Acute Radiation Syndrome. The Sheba study is the first reported formal clinical evaluation of Entolimod in cancer patients receiving therapeutic radiation and represents an important step toward expanding the platform into oncology.

Cancer patients receiving high doses of radiation frequently develop neutropenia, leading to infections, treatment delays, and reduced treatment intensity. The Sheba study will evaluate whether Entolimod can preserve bone marrow function, reduce neutropenia, and improve patients' ability to complete potentially curative radiation therapy.

Sheba Neutropenia Study Near-Term Clinical Catalysts

The Company expects the following development milestones, subject to regulatory and operational requirements:

  • Institutional Review Board approval: Expected Q3 2026
  • First patient enrolled: Expected Q4 2026-Q1 2027
  • Interim data readout: Expected during early 2027
  • Topline data: Expected in 2027

Each milestone represents an anticipated opportunity to further demonstrate Entolimod's clinical and market potential, as well as a potential opportunity to expand shareholder value.

About Sheba Medical Center

Sheba Medical Center, located in Tel Hashomer, Israel, is the largest medical center in the Middle East. Sheba was ranked the #7 hospital in the world in Newsweek's 2026 World's Best Hospitals ranking and is recognized among the World's Best Specialized Hospitals for Oncology. The Benjamin Davidai Department of Radiation Oncology, which will conduct the study, is one of the largest and most sophisticated radiation oncology programs in Israel. For additional information, please visit www.shebaonline.org.

About Valion Bio, Inc.

Valion Bio, Inc. (Nasdaq: VBIO) is a clinical-stage immunotherapeutics company developing Entolimod, a Toll-like receptor 5 (TLR5) agonist, as a first-in-class radioprotector and radiomitigator for medical countermeasure and supportive-care applications. Entolimod is being developed under the U.S. Food and Drug Administration's Animal Rule for Acute Radiation Syndrome (ARS) and has received Fast Track and Orphan Drug designations. Valion Bio's wholly-owned subsidiary Velocity Bioworks®, based in San Antonio, Texas, is a microbial  fermentation contract development and manufacturing organization (CDMO). For additional information, please visit www.valionbio.com.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the initiation, conduct, timing, enrollment pace, and potential results of the clinical study at Sheba Medical Center evaluating Entolimod; the anticipated timing of Institutional Review Board approval, first patient enrollment, interim data readout, and topline data; the potential of Entolimod as a radioprotector, radiomitigator, and supportive-care agent, including in cancer patients receiving therapeutic radiation and other radiation exposure settings; market size and commercial-opportunity references, including with respect to neutropenia and supportive-care oncology; potential strategic partnership interest; the Company's Animal Rule development program for Acute Radiation Syndrome; the integration and operations of Velocity Bioworks®; the Company's Nasdaq listing and continued listing compliance; the Company's working capital and financing plans; and the Company's ability to consummate strategic transactions. Forward-looking statements are based on the Company's current expectations and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, those described in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 30, 2026, and in the Company's other filings with the SEC. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Investor + Media Contact
Rich Cockrell
CG Capital
vbio@cg.capital
404.736.3838

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/world-premier-cancer-center-sheba-medical-center-selects-entolimod-for-clinical-trial-potentially-expanding-valion-bio-into-the-multi-billion-dollar-neutropenia-market-302829829.html

SOURCE Valion Bio, Inc.

FAQ

What did Sheba Medical Center announce regarding Entolimod and Valion Bio (VBIO)?

Sheba Medical Center plans to fund and conduct a clinical trial of Entolimod in cancer patients. According to Valion Bio, Sheba independently selected Entolimod to evaluate its ability to reduce radiation-induced neutropenia and protect healthy tissue during high-dose radiation therapy.

How could the Sheba Entolimod trial impact Valion Bio (VBIO) and the neutropenia market?

The Sheba trial could expand Entolimod from Acute Radiation Syndrome into radiation-induced neutropenia. According to Valion Bio, this creates a potential second commercial opportunity in the multi-billion-dollar supportive oncology market if the study successfully demonstrates clinical benefit.

What are the key timelines for the Sheba Entolimod neutropenia study for Valion Bio (VBIO)?

Valion Bio expects Institutional Review Board approval in Q3 2026 and first patient enrollment in Q4 2026–Q1 2027. According to Valion Bio, interim data are anticipated in early 2027, with topline results expected later in 2027, subject to regulatory and operational factors.

How many patients will be enrolled in the Sheba Entolimod clinical trial for neutropenia?

The planned Sheba study will enroll up to 10 adult cancer patients receiving high-dose irradiation. According to Valion Bio, this initial cohort is designed to assess whether Entolimod can preserve bone marrow function, reduce neutropenia, and support completion of potentially curative radiation therapy.

How is the Sheba Entolimod trial funded and what costs does Valion Bio (VBIO) bear?

Sheba Medical Center plans to fund and conduct the clinical trial itself. According to Valion Bio, the company will provide the investigational drug and support only limited activities beyond standard of care, aiming for a capital-efficient way to generate independent clinical data.

What is Valion Bio’s existing development program for Entolimod besides the Sheba cancer trial?

Entolimod is being developed under the U.S. FDA’s Animal Rule as a medical countermeasure for Acute Radiation Syndrome. According to Valion Bio, the Sheba neutropenia study becomes a second, independent clinical development pathway alongside this existing biodefense-focused program.

What clinical outcomes will the Sheba Entolimod study evaluate in cancer patients?

The study will evaluate whether Entolimod preserves bone marrow function and reduces radiation-induced neutropenia. According to Valion Bio, investigators will also assess whether patients can better maintain treatment intensity and complete potentially curative high-dose radiation therapy with Entolimod support.