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Cardiac data support Moleculin (NASDAQ: MBRX) Annamycin use in R/R AML

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Moleculin Biotech, Inc. furnished an update on its lead drug Annamycin, highlighting new cardiac safety data in relapsed/refractory acute myeloid leukemia (R/R AML). An abstract accepted for the European Hematology Association 2026 Congress reports an independent Cleveland Clinic review of pooled results from five completed trials.

The analysis covered 90 Annamycin-treated subjects and found no clinically significant treatment-related cardiotoxicity even at cumulative anthracycline-equivalent doses beyond conventional lifetime limits. Among 78 patients with verified pre- and post-treatment ejection fraction measurements, none met criteria for clinically significant left ventricular dysfunction and mean ejection fraction remained stable, with no link between cumulative dose and cardiac decline. Management believes this supports Annamycin’s potential as a differentiated anthracycline for heavily pretreated R/R AML patients, while noting that further data, long-term follow-up, and significant additional financing will be needed to advance clinical trials.

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Insights

New pooled data suggest Annamycin may avoid typical anthracycline heart damage in heavily pretreated AML patients.

Moleculin reports an independent Cleveland Clinic review of cardiac data from 90 Annamycin-treated subjects across five trials in relapsed/refractory AML. The abstract indicates no clinically significant treatment-related cardiotoxicity, even at cumulative anthracycline-equivalent doses above conventional lifetime limits.

Among 78 patients with verified pre- and post-treatment ejection fraction, none developed clinically significant left ventricular dysfunction and mean ejection fraction stayed stable. Additional ECG, troponin, and global longitudinal strain assessments also showed no evidence of drug-induced cardiotoxicity in this dataset.

The company frames these findings as reinforcing Annamycin’s potential to extend anthracycline-based therapy in heavily pretreated patients. However, the release emphasizes that conclusions depend on future subjects, long-term follow-up, regulatory feedback, and securing substantial additional financing to run the pivotal MIRACLE Phase 3 trial.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Subjects analyzed 90 subjects Pooled cardiac safety analysis across five Annamycin trials in R/R AML
Trials included 5 trials Completed Annamycin clinical studies pooled for cardiac analysis
Patients with EF assessments 78 patients Source-verified pre- and post-treatment ejection fraction measurements
Clinically significant LV dysfunction cases 0 patients Patients meeting criteria among 78 with paired ejection fraction data
cardiotoxicity medical
"no clinically significant treatment-related cardiotoxicity across cumulative anthracycline-equivalent doses"
Cardiotoxicity is damage to the heart caused by a drug, chemical or medical treatment that can weaken heart function, disrupt heartbeat or cause inflammation. It matters to investors because evidence of cardiotoxicity can halt or delay product approvals, trigger costly additional testing, recalls or legal risk, and reduce future revenue potential—similar to how rust in an engine can undermine a machine’s reliability and resale value.
ejection fraction medical
"Mean ejection fraction remained stable, and no association was observed between cumulative dose and cardiac function decline"
Ejection fraction is the percentage of blood the heart’s main pumping chamber pushes out with each beat, measured by imaging tests; think of it as the share of liquid emptied from a glass when you pour. Investors monitor it because changes signal shifting demand for treatments, devices, insurance and workforce health, and because clinical results or regulatory decisions tied to ejection fraction often influence healthcare and related stocks.
global longitudinal strain medical
"global longitudinal strain assessments similarly demonstrated no evidence of drug-induced cardiotoxicity"
Global longitudinal strain is a measurement of how much the heart’s main pumping muscle shortens along its length with each beat, typically obtained from a heart ultrasound. Think of it like measuring how far a rubber band shrinks when released; it's a sensitive early indicator of heart muscle performance and treatment effect, so changes can influence clinical trial results, regulatory decisions and the market value of companies tied to cardiac therapies or devices.
relapsed/refractory acute myeloid leukemia medical
"late-stage development for the treatment of relapsed/refractory acute myeloid leukemia (R/R AML)"
A form of acute myeloid leukemia (AML) that either returns after an initial response to treatment (relapsed) or fails to improve or continues progressing despite therapy (refractory). For investors, this describes a high unmet medical need and a patient group often targeted by new drugs, clinical trials and regulatory priority pathways, so developments here can meaningfully affect a company’s trial success prospects, market size and potential revenue.
Phase 3 trial medical
"the MIRACLE Trial (MB-108), a pivotal, adaptive design Phase 3 trial evaluating Annamycin"
A Phase 3 trial is a large, late-stage test of a new drug or medical treatment done on many people to make sure it really works and is safe. For investors, it matters because a successful Phase 3 usually means the company can ask regulators to sell the product and could earn lots of money, while failure can sharply reduce the company’s value.
anthracycline medical
"Annamycin, the Company’s next-generation anthracycline currently in late-stage development"
An anthracycline is a type of powerful medicine used to treat cancer, working by killing or stopping the growth of cancer cells. Because these drugs can have significant side effects and influence healthcare costs, they are closely watched by investors, especially in the pharmaceutical and healthcare sectors. Their development and use can impact the financial performance of companies involved in cancer treatment.
false 0001659617 0001659617 2026-05-12 2026-05-12
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
 
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 12, 2026
 
a01.jpg
 
 
MOLECULIN BIOTECH, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
001-37758
47-4671997
(State or Other Jurisdiction of
Incorporation or Organization)
(Commission File No.)
(I.R.S. Employer Identification
No.)
 
5300 Memorial Drive, Suite 950, Houston, TX 77007
(Address of principal executive offices and zip code)
 
(713) 300-5160
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed from last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-14(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).          Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol (s)
Name of each exchange on which registered
Common Stock, par value $.001 per share
MBRX
The NASDAQ Stock Market LLC
 
 

 
 
Item 7.01
Regulation FD Disclosure
 
On May 12, 2026, Moleculin Biotech, Inc. (the “Company”), issued a press release which announced the publication of an abstract at the European Hematology Association (EHA) 2026 Congress highlighting the cardiac safety profile of Annamycin (or as known in scientific journals "L-Annamycin"), the Company’s next-generation anthracycline currently in late-stage development for the treatment of relapsed/refractory acute myeloid leukemia (R/R AML).
 
A copy of the press release is attached to this report as Exhibit 99.1 and is incorporated by reference herein.
 
The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be “filed” for the purpose of the Securities Exchange Act of 1934, as amended (“Exchange Act”), nor shall it be incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended (“Securities Act”), unless specifically identified therein as being incorporated by reference.
 
Item 9.01
Financial Statements and Exhibits.
 
(d)
Exhibits.
 
Exhibit
No.
Description
 
99.1
Press Releasedated May 12, 2026
 
104
Cover page Interactive Data File (formatted as Inline XBRL document)
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
MOLECULIN BIOTECH, INC. 
 
       
       
 
Date:
May 12, 2026
 
       
 
By:
/s/ Jonathan P. Foster
 
   
Jonathan P. Foster
 
 
 
 

Exhibit 99.1

 

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Independent Cleveland Clinic Review Finds No Clinically Significant Cardiotoxicity with Moleculin's Annamycin in R/R AML Patients Dosed Beyond Conventional Anthracycline Limits

 

Pooled analysis of 90 subjects across 5 trials shows stable mean ejection fraction and no clinically significant left ventricular dysfunction

 

Data demonstrates Annamycin addresses the principal barrier to anthracycline use in heavily pretreated R/R AML

 

HOUSTON, May 12, 2026 /PRNewswire/ -- Moleculin Biotech, Inc., (Nasdaq: MBRX) (“Moleculin” or the “Company”), today announced the publication of an abstract at the European Hematology Association (EHA) 2026 Congress highlighting the cardiac safety profile of Annamycin (or as known in scientific journals "L-Annamycin"), the Company’s next-generation anthracycline currently in late-stage development for the treatment of relapsed/refractory acute myeloid leukemia (R/R AML).

 

The abstract titled, “Cardiac Safety of L-Annamycin Across High Cumulative Anthracycline Exposure: Implications for Relapsed/Refractory AML,” will highlight pooled cardiac safety findings from five completed clinical trials evaluating Annamycin in heavily pretreated patients, including those with substantial prior anthracycline exposure. Importantly, the analysis demonstrated no clinically significant treatment-related cardiotoxicity across cumulative anthracycline-equivalent doses that exceeded conventional lifetime exposure limits associated with traditional anthracyclines.

 

Anthracyclines remain among the most effective agents in AML treatment, but their clinical utility is constrained by cumulative cardiac toxicity. This limitation is especially relevant in R/R AML, where patients often have prior anthracycline exposure and where currently available salvage therapies following venetoclax-based treatment have demonstrated limited efficacy.

 

The independent cardiac review, conducted by a cardio-oncology laboratory at the Cleveland Clinic, analyzed comprehensive cardiac monitoring data from 90 patients treated with Annamycin. Among 78 patients with source-data verified pre- and post-treatment ejection fraction assessments, no patients met criteria for clinically significant left ventricular dysfunction. Mean ejection fraction remained stable, and no association was observed between cumulative dose and cardiac function decline. Additional analyses of serial ECGs, troponins, and global longitudinal strain assessments similarly demonstrated no evidence of drug-induced cardiotoxicity.

 

Management believes these findings reinforce Annamycin’s potential to address a major unmet need in R/R AML by enabling continued anthracycline-based treatment without the cumulative cardiac limitations commonly associated with conventional agents.

 

“These data further strengthen the clinical rationale for Annamycin as a differentiated anthracycline with the potential to overcome one of the most significant barriers to treatment in AML,” commented Walter Klemp, Chairman and Chief Executive Officer of Moleculin. “We believe the combination of encouraging efficacy observed to date and a favorable cardiac safety profile could position Annamycin as an important therapeutic option for heavily pretreated AML patients, including those previously exposed to anthracyclines and venetoclax-based regimens.”

 

The Company believes the results published at EHA may support broader clinical positioning opportunities for Annamycin in AML and potentially other oncology indications where anthracycline use is currently limited by cardiotoxicity concerns.

 

 

 

About Moleculin Biotech, Inc.

Moleculin Biotech, Inc. is a Phase 3 clinical stage pharmaceutical company advancing a pipeline of therapeutic candidates addressing hard-to-treat tumors and viruses. The Company’s lead program, Annamycin (also known as naxtarubicin), has demonstrated efficacy and safety in five previous clinical studies and is an anthracycline designed to avoid multidrug resistance mechanisms and to lack the cardiotoxicity common with currently prescribed anthracyclines. Annamycin is currently in development for the treatment of relapsed or refractory acute myeloid leukemia (AML) and soft tissue sarcoma (STS) lung metastases.

 

The Company has begun the MIRACLE (MoleculiR/R AML AnnAraC Clinical Evaluation) Trial (MB-108), a pivotal, adaptive design Phase 3 trial evaluating Annamycin in combination with cytarabine, together referred to as AnnAraC (the combination of Annamycin and cytarabine, also referred to as “Ara-C”) for the treatment of relapsed or refractory acute myeloid leukemia. Following a successful Phase 1B/2 study (MB-106), with input from the FDA, the Company believes it has substantially de-risked the development pathway towards a potential approval for Annamycin for the treatment of AML. This study remains subject to appropriate future filings with potential additional feedback from the FDA and their foreign equivalents.

 

Additionally, the Company is developing WP1066, an Immune/Transcription Modulator capable of inhibiting p-STAT3 and other oncogenic transcription factors while also stimulating a natural immune response, targeting brain tumors, pancreatic and other cancers. Moleculin also has in its pipeline a portfolio of antimetabolites, including WP1122 for the potential treatment of pathogenic viruses, as well as certain cancer indications. 

 

For more information about the Company, please visit www.moleculin.com and connect on X, LinkedIn and Facebook.

 

Forward-Looking Statements

Some of the statements in this release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation, statements regarding Annamycin's potential to address unmet medical needs in R/R AML, the anticipated cardiac safety profile of Annamycin, broader clinical positioning opportunities for Annamycin in AML and other oncology indications, and the potential for continued anthracycline-based treatment without cumulative cardiac limitations. Moleculin will require significant additional financing, for which the Company has no commitments, in order to conduct its clinical trials as described in this press release, and the milestones described in this press release assume the Company’s ability to secure such financing on a timely basis. Although Moleculin believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or implied by such forward-looking statements. The Company relies on the reports of its expert with regard to the absence of cardiotoxicity. The dataset referenced in this press release is subject to the review of the data from future subjects in its current and future clinical trials and long-term follow-up with subjects in its current trials. Moleculin has attempted to identify forward-looking statements by terminology including ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately’ or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors, including those discussed under Item 1A. “Risk Factors” in our most recently filed Form 10-K filed with the Securities and Exchange Commission (SEC) and updated from time to time in our Form 10-Q filings and in our other public filings with the SEC. Any forward-looking statements contained in this release speak only as of its date. We undertake no obligation to update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.

 

Investor Contact:
JTC Team, LLC

Jenene Thomas

(908) 824-0775

MBRX@jtcir.com

 

 

 

FAQ

What did Moleculin Biotech (MBRX) announce about Annamycin’s cardiac safety?

Moleculin reported an abstract for EHA 2026 showing an independent Cleveland Clinic review of 90 Annamycin-treated R/R AML patients found no clinically significant treatment-related cardiotoxicity, supporting a potentially favorable cardiac safety profile at high cumulative anthracycline-equivalent doses.

How many patients were included in Moleculin’s Annamycin cardiac safety analysis?

The pooled analysis included cardiac data from 90 subjects across five completed Annamycin trials. Among these, 78 had source-verified pre- and post-treatment ejection fraction measurements used to assess left ventricular function and detect clinically significant cardiac dysfunction during therapy.

What were the key cardiac findings for Annamycin in R/R AML patients?

The review found no clinically significant treatment-related cardiotoxicity, with no patients among 78 with paired ejection fraction data meeting criteria for clinically significant left ventricular dysfunction. Mean ejection fraction remained stable, and cumulative dose showed no association with cardiac function decline.

Why is Annamycin’s cardiac safety important for relapsed/refractory AML?

Traditional anthracyclines are effective in AML but limited by cumulative cardiac toxicity, especially in heavily pretreated R/R AML patients. Moleculin believes Annamycin’s observed lack of clinically significant cardiotoxicity could allow continued anthracycline-based treatment where current salvage options after venetoclax-based regimens are limited.

What stage of development is Moleculin’s Annamycin program in?

Moleculin describes itself as a Phase 3 clinical-stage company, with Annamycin in late-stage development for R/R AML and soft tissue sarcoma lung metastases. The MIRACLE Phase 3 trial of AnnAraC (Annamycin plus cytarabine) has begun, following a completed Phase 1B/2 study.

What risks and forward-looking factors did Moleculin highlight in this update?

Moleculin cautioned that Annamycin’s potential benefits and cardiac profile remain subject to additional clinical data, long-term follow-up, regulatory feedback, and securing significant additional financing, for which it currently has no commitments, to conduct the planned clinical trials and achieve described milestones.

Filing Exhibits & Attachments

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