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Valion Bio chair outlines Entolimod development outlook

Valion Bio, Inc. (VBIO) outlined new Board Chair Thomas H. Jensen’s perspectives on advancing Entolimod.

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Form Type
8-K

Rhea-AI Filing Summary

Valion Bio, Inc. (VBIO) outlined new Board Chair Thomas H. Jensen’s perspectives on advancing Entolimod. Jensen has served as chair since September 2026 and brings more than 20 years of biotechnology and oncology experience.

Entolimod is an investigational Toll-like receptor 5 (TLR5) agonist being developed as a potential medical countermeasure for acute radiation syndrome (ARS). Its development has been supported by approximately $35.6 million in non-dilutive funding from several U.S. government agencies, and it holds FDA Fast Track and Orphan Drug designations for ARS. The company also cites human safety data and supply-chain control through its wholly owned U.S.-based CDMO subsidiary, Velocity Bioworks. Jensen said he sees longer-term potential to explore the molecule in cancer supportive care.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Non-dilutive funding Approximately $35.6 million Funding supporting Entolimod's development from several U.S. government agencies
Biotechnology and oncology experience More than 20 years Thomas H. Jensen's experience
Board chair service began September 2026 Thomas H. Jensen has served as Valion Bio's Board Chair since this month
Toll-like receptor 5 (TLR5) agonist technical
"investigational Toll-like receptor 5 (TLR5) agonist"
A toll-like receptor 5 (TLR5) agonist is a drug or biologic that activates TLR5, a protein on immune cells that senses a bacterial component and turns on an immune response—like pressing a doorbell to summon the body’s defenders. Investors track these agents because they can enhance vaccines or stimulate immune activity against infections and cancer, offering commercial upside if clinical trials show clear benefit, but they carry safety and regulatory risks common to immune-targeting therapies.
acute radiation syndrome (ARS) medical
"potential medical countermeasure for acute radiation syndrome (ARS)"
Acute radiation syndrome (ARS) is the range of severe, short-term illnesses that occur after a person is exposed to a high dose of penetrating ionizing radiation over a short period, causing damage to rapidly dividing cells like those in bone marrow and the gut. Investors should care because ARS can drive urgent demand for medical treatments, create regulatory and liability challenges, disrupt workforces or operations, and influence valuations for companies in healthcare, emergency response, and insurance—similar to how a sudden natural disaster can reshape market needs and costs.
non-dilutive funding financial
"approximately $35.6 million in non-dilutive funding"
Non-dilutive funding is money a company raises that does not require issuing new shares or reducing existing owners’ percentage ownership, such as grants, certain loans, contract revenue, or licensing deals. It matters to investors because it lets a company finance growth or research without shrinking shareholder stakes or changing control, much like topping up a car’s gas tank instead of selling part of the car to pay for the trip.
Fast Track designation regulatory
"holds FDA Fast Track and Orphan Drug designations for ARS"
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.
Orphan Drug designation regulatory
"holds FDA Fast Track and Orphan Drug designations for ARS"
Orphan drug designation is a special status given to medicines developed to treat rare diseases affecting only a small number of people. This status often provides benefits like faster approval processes and financial incentives, making it more attractive for companies to develop these drugs. For investors, it signals potential for exclusive market rights and reduced competition, which can impact the drug’s profitability.
Animal Rule regulatory
"evaluated in animal models under the U.S. Food and Drug Administration’s (“FDA”) Animal Rule"
A regulatory pathway that allows safety and effectiveness of drugs or vaccines to be judged primarily from well-controlled animal studies when human trials would be unethical or impossible, such as for treatments against rare, lethal exposures. It matters to investors because approval via this route can speed a product to market for urgent or niche needs but carries extra scientific and regulatory risk—think of it as accepting a high-quality dress rehearsal instead of a live show, with requirements for strong animal models and often additional post-approval obligations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much funding has supported Entolimod's development at VBIO?

Entolimod’s development has been supported by approximately $35.6 million in non-dilutive funding from several U.S. government agencies.

What FDA designations does VBIO's Entolimod have for acute radiation syndrome?

Entolimod holds FDA Fast Track and Orphan Drug designations for acute radiation syndrome.

What other programs are in Valion Bio's pipeline?

Valion is also advancing Entolasta, a next-generation TLR5 agonist designed for potential broader therapeutic applications, including oncology supportive care. The company’s pipeline includes potential programs in neutropenia and immune dysfunction.

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

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Learn about SEC filing dates
false 0001787740 0001787740 2026-10-05 2026-10-05
 
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): October 5, 2026
 
 
Valion Bio, Inc.
(Exact name of Registrant as Specified in Its Charter)
 
 
Delaware
001-41052
81-4016391
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
     
1305 E. Houston Street,
Building 1, Suite 311
   
San Antonio, Texas
 
78205
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s Telephone Number, Including Area Code: 888 276-6888
 
 
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:
 
☐ 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-4(c))
 
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 $0.0001 per share
 
VBIO
 
The Nasdaq Stock Market LLC
 
 
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. ☐
 
 

 
Item 8.01. Other Matters.
 
On October 5, 2026, Valion Bio, Inc. (the “Company”) issued a press release highlighting the expertise and goals of new board chair, Thomas Jensen as relating to the future of the Company.
 
A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K (this “Current Report”) and is incorporated herein by reference.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit
Number
 
Description
99.1
 
Press Release, dated October 5, 2026.
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
Forward-Looking Statements
 
This Current Report, including Exhibit 99.1 attached hereto, contains certain forward-looking statements that involve substantial risks and uncertainties. When used herein, the terms “anticipates,” “expects,” “estimates,” “believes,” “will” and similar expressions, as they relate to us or our management, are intended to identify such forward-looking statements.
 
Forward-looking statements in this Current Report, including Exhibits 99.1 and 99.2 attached hereto, or hereafter, including in other publicly available documents filed with the Securities and Exchange Commission (the “SEC”), reports to the stockholders of the Company and other publicly available statements issued or released by us involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. Such future results are based upon management’s best estimates based upon current conditions and the most recent results of operations. These risks include, but are not limited to, the risks set forth herein and in such other documents filed with the SEC, each of which could adversely affect our business and the accuracy of the forward-looking statements contained herein. Our actual results, performance or achievements may differ materially and adversely from those expressed or implied by such forward-looking statements.
 
2

 
 
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 hereunto duly authorized.
 
     
VALION BIO, INC.
       
Date:
October 6, 2026
By:
/s/ Dean Zikria
     
Name: Dean Zikria
Title: Interim Chief Executive Officer
 
3

Exhibit 99.1

 

 

New Valion Bio Board Chair Thomas Jensen Brings Biotech Turnaround Experience to the Advancement of Entolimod

 

Jensen, who as CEO led Nasdaq-listed biotech Allarity Therapeutics' refocusing around a single lead asset, cites Valion's rare combination of government funding, FDA designations, human safety data and wholly owned U.S. manufacturing

 

SAN ANTONIO, TX / October 5, 2026 / ACCESS Newswire – Valion Bio, Inc. (NASDAQ: VBIO) ("Valion" or the "Company"), a clinical-stage biopharmaceutical company developing biologics that activate innate immune pathways for cytoprotection and immune modulation, today outlined the perspectives of its new Board Chair, Thomas H. Jensen, on advancing Entolimod. Entolimod is an investigational Toll-like receptor 5 (TLR5) agonist being developed as a potential medical countermeasure for acute radiation syndrome (ARS). Jensen brings more than 20 years of biotechnology and oncology experience and is CEO and a Director of Nasdaq-listed Allarity Therapeutics, Inc.

 

"A biotech company's prospects depend equally on the promise of its drug candidate and its ability to execute," said Jensen. "Having led Allarity through strategic change, I appreciate the significance of Valion's own transformation earlier this year, and I see many of the key elements for success already in place."

 

Entolimod's development has been supported by approximately $35.6 million in non-dilutive funding from several U.S. government agencies, and the program holds FDA Fast Track and Orphan Drug designations for ARS. It is also backed by a substantial body of human safety data and by supply chain control through Valion's wholly owned U.S.-based CDMO, Velocity Bioworks. To the Company's knowledge, there is no FDA-approved treatment for gastrointestinal ARS.

 

"The absence of an approved treatment for gastrointestinal ARS makes Entolimod's potential especially significant," Jensen said. "Longer term, I see an important opportunity in exploring whether the same molecule could address needs in cancer supportive care, where I can draw on my background in oncology diagnostics and drug development."

 

Since becoming Allarity's CEO in December 2023, Jensen has simplified its capital structure, streamlined the organization and reduced costs while concentrating resources on its lead candidate, stenoparib. During that time, Allarity has advanced its Phase 2 ovarian cancer program, received FDA Fast Track designation for stenoparib, strengthened its intellectual property position and secured drug supply for later-stage development.

 

As Chair, Jensen is working with Interim CEO Dean Zikria, President, COO and CFO Lisa Wolf, and the Board to align Valion's strategic priorities with execution.

 

"I have rarely seen a company at this stage with such a substantial scientific, clinical and operational foundation," Jensen said. "Our task now is to build on it with a clear sequence of achievable milestones and disciplined allocation of resources to reach them."

 

About Thomas H. Jensen

 

Thomas H. Jensen has served as Chair of Valion Bio's Board since September 2026. He co-founded Allarity Therapeutics in 2004 and has been a Director since July 2022. His prior roles at Allarity include Chief Technology Officer, SVP of Information Technology and SVP of Investor Relations. He established Allarity's laboratory operations in Denmark. His work in reproducible RNA extraction and processing for cancer biopsy analysis helped lay the foundation for Allarity's proprietary Drug Response Predictor (DRP®) platform. He holds a B.S. in Biology from the Technical University of Denmark and pursued further studies at the University of Copenhagen.

 

About Valion Bio, Inc.

 

Valion Bio, Inc. (NASDAQ:VBIO) is developing biologics that activate innate immune pathways for cytoprotection and modulate immune responses in conditions driven by radiation, disease and immune dysregulation.

 

The Company’s lead candidate, Entolimod, is being developed as a potential medical countermeasure for Acute Radiation Syndrome and has been evaluated in animal models under the U.S. Food and Drug Administration’s (“FDA”) Animal Rule, which allows the Agency to approve new drugs and biological products based on animal efficacy studies when human clinical trials are not ethical or feasible, such as in the case of acute radiation exposure. Entolimod is a novel Toll-like Receptor 5 agonist designed to activate NF-κB signaling pathways associated with cellular protection, tissue recovery and immune response. The product candidate has received Fast Track and Orphan Drug designations from the FDA.

 

Valion is also advancing Entolasta, a next-generation TLR5 agonist designed for potential use in broader therapeutic applications, including oncology supportive care. The Company’s pipeline includes potential programs in neutropenia and immune dysfunction.

 

Valion’s wholly owned subsidiary, Velocity Bioworks, is a biologics contract development and manufacturing organization providing development and manufacturing services to Valion to support its internal pipeline, with the objective of increasing manufacturing control, reducing costs, accelerating development timelines and strengthening domestic supply-chain security.

 

For more information, visit www.valionbio.com.

 

Forward-Looking Statements

 

This press release may contain “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Valion’s current expectations and are subject to inherent uncertainties, risks, and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: the continued listing of the Company’s common stock on the Nasdaq Capital Market; and the Company’s ability to maintain compliance with applicable listing standards on the Nasdaq Capital Market. Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. For a discussion of other risks and uncertainties, and other important factors, any of which could cause Valion’s actual results to differ from those contained in the forward-looking statements, see Valion’s filings with the SEC, including, its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, under the heading “Risk Factors”; as well as the Company’s subsequent filings with the SEC. Forward-looking statements contained in this press release are made as of this date, and Valion undertakes no duty to update such information except as required by applicable law.

 

Investor and Media Contact
Stephen Kilmer
(646) 274-3580
stephen.kilmer@valionbio.com

 

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