LIXTE Biotechnology Co-Sponsoring International Scientific Conference on “Therapeutic Over-Activation in Cancer”
May 08 2024 - 8:25AM
LIXTE Biotechnology Holdings, Inc. (“LIXTE” or the “Company”)
(Nasdaq: LIXT and LIXTW), a clinical stage pharmaceutical
company, today announced it is co-sponsoring an international
scientific workshop on “Therapeutic Over-Activation in Cancer” at
Harvard University’s Dana Farber Cancer Institute on May 9 and 10,
2024 in Boston, Massachusetts.
This workshop will bring together leading
experts from the pharmaceutical industry and academia to discuss a
radically different approach to cancer therapy that is being
spearheaded by LIXTE’s research team at the Netherlands Cancer
Institute. This unconventional approach is based on the deliberate
over-activation of oncogenic signaling in cancer cells as a
therapeutic strategy using LIXTE’s lead compound, LB-100.
LIXTE is the only company that has a drug in
clinical trials with demonstrated capacity to over-activate
oncogenic signaling. The results obtained with LB-100 were
recently posted online in a paper titled “Paradoxical
Activation of Oncogenic Signaling as a Cancer Treatment Strategy”
in the scientific journal Cancer Discovery, which will be published
in the journal’s July 2024 issue. This study showed that LB-100
triggers hyper-activation of the signals that are responsible for
the deregulated proliferation of cancer cells, thus leading to cell
death. This approach is the opposite of most of the current
generation of cancer therapies and opens potentially new treatment
strategies. LIXTE currently has three ongoing clinical trials
utilizing LB-100 to enhance various cancer therapies.
Professor René Bernards, Ph.D., of the
Netherlands Cancer Institute (NKI), a leader in the field of
molecular carcinogenesis and a member of LIXTE’s Board of
Directors, is co-leading the workshop. The NKI presentation will
focus on findings of a recent pre-clinical study showing that
LIXTE’s lead compound, LB-100, can force cancer cells to give up
their cancer-causing properties.
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.
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 improve outcomes for
patients undergoing various chemotherapies or immunotherapies.
LIXTE's new approach has no known competitors and is covered by a
comprehensive patent portfolio. Proof-of-concept clinical trials
are in progress.
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.comGeneral Phone: (631) 830-7092;
Investor Phone: (888) 289-5533or
PondelWilkinson Inc. Investor
Relations pwinvestor@pondel.comRoger Pondel: (310) 279-5965;
Laurie Berman: (310) 279-5962
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