LIXTE Biotechnology Holdings to Collaborate with Roche and Netherlands Cancer Institute in New Colon Cancer Clinical Trial
June 14 2024 - 9:30AM
LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”)
(Nasdaq: LIXT and LIXTW), a clinical stage pharmaceutical company,
today announced a collaboration with Roche and the Netherlands
Cancer Institute (NKI) to conduct a new clinical trial in immune
therapy unresponsive (MSI Low) metastatic colon cancer.
As part of the new clinical trial, listed as
NCT06012734 at clinicaltrials.gov, LIXTE will provide its lead
compound, LB-100, and Roche will provide atezolizumab (a PD-L1
inhibitor) and financial support.
“This is an exciting new clinical trial,” said
Neeltje Steeghs, M.D., Ph.D., medical oncologist from the
Netherlands Cancer Institute, who is serving as principal
investigator of the trial. “Only about 15% of colon cancers are
responsive to immunotherapy, the so-called MSI High cancers.
However, approximately 85% of colon cancers are MSI Low where
immunotherapy has no activity at all. If we are able to sensitize
these tumors to immunotherapy with LB-100, we could bring
immunotherapy as an effective treatment option to a large group of
colon cancer patients.”
Bas van der Baan, LIXTE’s Chief Executive
Officer, said, “The continuing interest of the pharmaceutical
industry to collaborate with us and fund our clinical trials
underscores the strength of the scientific rationale and potential
of our lead compound, LB-100. This is the second recent clinical
trial combining LB-100 with immunotherapy that is fully funded by a
major pharmaceutical company, following the start of a clinical
trial earlier this year that is being funded by GSK for the
treatment of clear cell ovarian cancer.”
NKI is one of the world’s leading comprehensive
cancer centers. René Bernards, Ph.D., a leader in the field of
molecular carcinogenesis and Senior Staff Scientist at
the Netherlands Cancer Institute, is a member of LIXTE’s Board
of Directors.
A recent publication of new pre-clinical data in
the journal EMBO Reports showed that LIXTE’s lead compound, LB-100,
can turn immunologically “cold” tumors “hot,” thereby potentially
enhancing the response to immunotherapy. This publication builds on
a large body of scientific and emerging clinical evidence that
LB-100 has strong synergy with checkpoint immunotherapy.
About LIXTE Biotechnology Holdings, Inc.
LIXTE Biotechnology Holdings, Inc. is a
clinical-stage pharmaceutical company focused on new targets for
cancer drug development and developing and commercializing cancer
therapies. LIXTE has demonstrated that its first-in-class lead
clinical PP2A inhibitor, LB-100, is well-tolerated in cancer
patients at doses associated with anti-cancer activity. Based on
extensive published preclinical data (see www.lixte.com), LB-100
has the potential to significantly enhance chemotherapies and
immunotherapies and improve outcomes for patients with cancer.
LIXTE’s lead compound, LB-100, is part of a
pioneering effort in an entirely new field of cancer biology
– activation lethality – that is advancing a new
treatment paradigm. LIXTE's new approach is covered by a
comprehensive patent portfolio. Proof-of-concept clinical trials
are currently in progress for colon, small cell lung and sarcoma
cancers. Additional information about LIXTE can be found
at www.lixte.com.
Forward-Looking Statement Disclaimer
This announcement contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities Exchange
Act of 1934. For example, statements regarding the Company's
financial position, business strategy and other plans and
objectives for future operations, and assumptions and predictions
about future activities, including the continuing development of
proprietary compounds, the planning, funding, coordination and
potential results of clinical trials, the patent and legal costs to
protect and maintain the Company's intellectual property worldwide,
and the Company’s ability to obtain and maintain compliance with
Nasdaq’s continued listing requirements, are all forward-looking
statements. These statements are generally accompanied by words
such as "intend," anticipate," "believe," "estimate,"
"potential(ly)," "continue," "forecast," "predict," "plan," "may,"
"will," "could," "would," "should," "expect" or the negative of
such terms or other comparable terminology.
The Company believes that the assumptions and
expectations reflected in such forward-looking statements are
reasonable, based on information available to it on the date
hereof, but the Company cannot provide assurances that these
assumptions and expectations will prove to have been correct or
that the Company will take any action that the Company may
presently be planning. However, these forward-looking statements
are inherently subject to known and unknown risks and
uncertainties. Actual results or experience may differ materially
from those expected or anticipated in the forward-looking
statements. Factors that could cause or contribute to such
differences include, but are not limited to, regulatory policies,
available cash resources, research results, competition from other
similar businesses, and market and general economic factors.
Readers are urged to read the risk factors set
forth in the Company’s filings with the United States Securities
and Exchange Commission at https://www.sec.gov. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
For more information about LIXTE, Contact:
info@lixte.com General Phone: (631) 830-7092; Investor Phone: (888)
289-5533
or
PondelWilkinson Inc. Investor Relations
pwinvestor@pondel.comRoger Pondel: (310) 279-5965; Laurie Berman:
(310) 279-5962
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