UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of May 2026
Commission File Number: 000-29962
Kazia Therapeutics Limited.
(Exact Name of Registrant as Specified in Its Charter)
Three International Towers Level 24 300 Barangaroo
Avenue Sydney NSW 2000
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒
Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Press Release
On May 26, 2026, Kazia Therapeutics Limited (the “Company”)
issued a press release titled “Kazia Therapeutics Expands Ongoing Phase 1b Trial of Paxalisib in Advanced Breast Cancer”. A
copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Incorporation by Reference
The Company hereby incorporates by reference the information contained
herein, including 99.1, except for the quotes of Dr. John Friend, Chief Executive Officer of the Company, contained in Exhibit 99.1, into
the Company’s registration statements on Form F-3 (File Nos. 333-276091,
333-281937 and 333-294392).
EXHIBIT INDEX
| Exhibit |
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Description |
| 99.1 |
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Press Release dated May 26, 2026. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Kazia Therapeutics Limited. |
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By: |
/s/ John Friend |
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Name: |
John Friend |
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Title: |
Chief Executive Officer |
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| Date: May 26, 2026 |
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Exhibit 99.1
Kazia Therapeutics Expands Ongoing Phase 1b
Trial of Paxalisib in Advanced Breast Cancer
Planned Enrollment to Increase from 12 to 36
Patients Following Continued Encouraging Safety and Tolerability Data
SYDNEY, Australia, May 26, 2026 –
Kazia Therapeutics Limited (NASDAQ: KZIA) (“Kazia” or the “Company”), a clinical-stage oncology company
advancing therapies designed to reprogram cancer biology and overcome treatment resistance, today announced plans to expand its ongoing
Phase 1b clinical trial evaluating lead asset paxalisib in combination with standard-of-care therapies in patients with advanced
triple negative breast cancer (“TNBC”). Based on continued encouraging safety, tolerability and clinical activity data observed
to date, planned enrollment has increased from 12 to 36 patients.
The expansion is intended to further evaluate
the safety, tolerability, dose optimization and preliminary efficacy of the paxalisib-based combination regimen with pembrolizumab and
chemotherapy. The expanded dataset is expected to provide a more meaningful assessment of objective response rate (“ORR”),
progression-free survival (“PFS”) and translational biomarkers. Additional clinical trial updates are anticipated throughout
2026 and into 2027.
“We remain encouraged by the safety and tolerability data observed to date, and expanding enrollment allows us to generate a broader
clinical and translational dataset as we advance paxalisib in difficult-to-treat advanced breast cancer, such as TNBC,” said Dr.
John Friend, CEO, Kazia Therapeutics. “Paxalisib’s mechanism, modulating key resistance and immune-related pathways, addresses
the very reasons that current therapies fail, and we believe it holds meaningful potential for an underserved patient population. While
we planned to present scientific progress at ASCO 2026, we made the decision to withdraw our abstracts solely to protect our intellectual
property position ahead of anticipated filings. The withdrawal was not related to any safety or clinical concerns. We expect to share
additional clinical and translational updates in the coming months.”
The Phase 1b study is evaluating paxalisib in
combination with established breast cancer regimens across multiple dose cohorts. The trial expansion is supported by a recently published
preclinical study in Molecular Cancer Therapeutics, a journal of the American Association for Cancer Research (“AACR”),
demonstrating that dual PI3K/mTOR inhibition with paxalisib altered tumor cell state and immune signaling in preclinical TNBC models.
TNBC accounts for approximately 15 to 20 percent of all breast cancer diagnoses and is associated with poorer outcomes relative to other
breast cancer subtypes.
About Kazia Therapeutics
Kazia Therapeutics (NASDAQ: KZIA) is an oncology-focused
drug development company, based in Sydney, Australia. The Company’s lead asset, paxalisib, is an investigational brain penetrant
inhibitor of the PI3K/Akt /mTOR pathway, which is being developed to treat multiple forms of cancer. Licensed from Genentech in late 2016,
paxalisib is or has been the subject of 10 clinical trials. A completed Phase 2/3 study in glioblastoma (GBM-Agile) was reported in 2024,
and discussions are ongoing for designing and executing a pivotal registrational study in pursuit of a standard approval.
Other clinical trials involving paxalisib are
ongoing in advanced breast cancer, brain metastases, diffuse midline gliomas, and primary central nervous system lymphoma, with several
of these trials having reported encouraging interim data. Paxalisib was granted Orphan Drug Designation for glioblastoma by the U.S. Food
and Drug Administration (FDA) in February 2018, and Fast Track Designation (FTD) for glioblastoma in August 2020. Paxalisib was also granted
FTD in July 2023 for the treatment of solid tumor brain metastases harboring PI3K pathway mutations in combination with radiation therapy.
Additionally, paxalisib was granted Rare Pediatric
Disease Designation and Orphan Drug Designation by the FDA for diffuse intrinsic pontine glioma in August 2020 and for atypical teratoid
/ rhabdoid tumors in June 2022 and July 2022, respectively. Kazia is also developing EVT801, a small molecule inhibitor of VEGFR3, which
was licensed from Evotec SE in April 2021. In addition to its clinical-stage programs, Kazia is advancing NDL2, a potentially first-in-class
intracellular PD-L1 protein degrader program targeting a newly identified mechanism of immunotherapy resistance and metastatic progression,
as well as MSETC, a potentially first-in-class SETDB1 inhibitor program intended to restore immune signaling in tumors that have become
resistant to immunotherapy, including checkpoint inhibitors. Both programs are currently in preclinical development. For more information,
please visit www.kaziatherapeutics.com or follow us on X @KaziaTx.
Forward Looking Statements
This announcement may contain
forward-looking statements, which can generally be identified as such by the use of words such as “may,” “will,”
“estimate,” “future,” “forward,” “anticipate,” “expect,” “plan,”
“believe,” “potential,” or other similar words. Any statement describing Kazia’s future plans,
strategies, intentions, expectations, objectives, goals or prospects, and other statements that are not historical facts, are also
forward-looking statements, including, but not limited to, statements regarding: the planned expansion of the Phase 1b clinical
trial of paxalisib in advanced TNBC; the anticipated increase in enrollment from 12 to 36 patients; expectations regarding the
safety, tolerability, dose optimization and preliminary efficacy of paxalisib in combination with pembrolizumab and chemotherapy;
the potential of paxalisib to treat advanced breast cancer, including TNBC; expectations regarding objective response rate,
progression-free survival and translational biomarkers; anticipated timing of clinical trial updates throughout 2026 and into 2027;
the timing and content of future public disclosures regarding the Company’s clinical programs; the Company’s decisions
regarding the timing and manner of scientific presentations and publications, including the withdrawal of abstracts from scientific
conferences for intellectual property-related reasons; and statements regarding the potential therapeutic benefit of paxalisib
to modulate key resistance and immune-related pathways in difficult-to-treat breast cancer populations. Such statements are based on
Kazia’s current expectations and projections about future events and future trends affecting its business and are subject to certain
risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking
statements, including risks and uncertainties associated with: the development of early-stage therapeutic programs; the conduct of
clinical trials, including the ability to enroll patients and achieve anticipated enrollment targets; the preliminary nature of data
from a small, open-label clinical study, which may not be predictive of later-stage clinical results; risks related to regulatory
approvals; risks related to Kazia’s reliance on third-party collaborators and clinical trial sites; risks related to the
Company’s ability to obtain, maintain and protect its intellectual property, including decisions regarding the timing and manner of
scientific disclosures; risks related to the impact of global economic conditions; and risks related to Kazia’s ability to
maintain compliance with the applicable NASDAQ continued listing requirements and standards. These and other risks and
uncertainties are described more fully in Kazia’s Annual Report on Form 20-F filed with the SEC, and in subsequent filings with the
United States Securities and Exchange Commission. Kazia undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events, or otherwise, except as required under applicable law. You should
not place undue reliance on these forward-looking statements, which apply only as of the date of this announcement.
Media Contact
Michaela Fawcett
KCSA Strategic Communications
mfawcett@kcsa.com