STOCK TITAN

AIkido Pharma Announces Positive Phase 1 Data Presented at ASCO on 225Ac-J591

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary

AIkido Pharma Inc. (Nasdaq: AIKI) announced positive Phase 1 testing data for the antibody 225Ac-J591 at the 2021 ASCO Annual Meeting on June 4, 2021. Key findings highlighted include declining PSA levels and circulating tumor cell (CTC) counts in treated patients, demonstrating good tolerability and preliminary efficacy in a heavily pre-treated population. The Phase 2 trial is currently underway, aiming to further evaluate the drug's potential. The promising results suggest that 225Ac-J591 may enhance existing treatment strategies for advanced prostate cancer.

Positive
  • Declining PSA levels in treated patients.
  • Decreased circulating tumor cell (CTC) count.
  • 225Ac-J591 well-tolerated with early evidence of efficacy.
  • Phase 2 trial currently in progress.
Negative
  • None.

NEW YORK, June 4, 2021 /PRNewswire/ -- AIkido Pharma Inc. (Nasdaq: AIKI) ("AIkido" or the "Company") today announced that positive Phase 1 testing data was presented at the 2021 ASCO Annual Meeting June 4, 2021.  The poster presentation of the data was by Dr. Scott Tagawa, a Professor of Medicine & Urology at Weill Cornell Medicine and an AIkido Pharma Scientific Advisory Board member.  The full presentation is available at: https://conferences.asco.org

Highlights from the presentation include:

  • Declining PSA levels in treated patients
  • Declining circulating tumor cell (CTC) count in treated patients
  • Actinium-225 radiolabeled J591 well-tolerated with preliminary evidence of efficacy in a heavily pre-treated patient population
  • Actinium-225 radiolabeled J591 safe at tested dosage
  • Phase 2 trial underway

Neal Shore, MD, FACS a well-known key opinion leader in prostate cancer research, Medical Director for the Carolina Urologic Research Center and recent addition to the Company's Advisory Board, stated, "The Phase I trial results of the 225Ac-J591 antibody for these advanced prostate cancer patients, who had extensive tumor burden as well as having experienced numerous life prolonging therapies, are impressive, both from a response and safety standpoint. PSA declines and CTC responses were clearly evident. Additionally, this novel antibody conjugate demonstrated very good tolerability during this DLT phase 1 trial. The unique properties of 225Ac-J591 suggest it as a very promising candidate for combination treatment with beta emitters, whereby the synergy of therapeutic isotope combination and broader tumor effect would have the potential to further shape theragnostic platforms."

Full ASCO Presentation Details:

Title: "Phase I study of 225Ac-J591 for men with metastatic castration-resistant prostate cancer (mCRPC)"

Tract: Genitourinary Cancer—Prostate, Testicular, and Penile

Presenter: Dr. Scott Tagawa MD, MS, FACP

Abstract Number: 5015

Date and Time: Available Starting June 4, 2021, 9:00 am (EST)

The Abstract from this study has been released on the ASCO Annual Meeting website (https://conferences.asco.org). Clinical trial information: NCT03276572 (https://meetinglibrary.asco.org/record/196409/abstract )

The full ASCO meeting program is available at: www.asco.org

About AIkido Pharma Inc.

AIkido Pharma Inc. was initially formed in 1967 and is a biotechnology Company with a diverse portfolio of small-molecule anti-cancer therapeutics.  The Company's platform consists of patented technology from leading universities and researchers, and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and University of Maryland at Baltimore. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer and prostate cancer. We are constantly seeking to grow our pipeline to treat unmet medical needs in oncology.  The Company is also developing a broad-spectrum antiviral platform that may potentially inhibit replication of multiple viruses including Influenza virus, SARS-CoV (coronavirus), MERS-CoV, Ebolavirus and Marburg virus.

Forward-Looking Statements

Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Investor Relations:      

Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com

AIkido Pharma Inc.:   

Phone: 212-745-1373
Email: investorrelations@aikidopharma.com
www.aikidopharma.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/aikido-pharma-announces-positive-phase-1-data-presented-at-asco-on-225ac-j591-301306027.html

SOURCE AIkido Pharma Inc.

FAQ

What were the key findings from the Phase 1 trial of 225Ac-J591 presented by AIkido Pharma?

The Phase 1 trial showed declining PSA levels and circulating tumor cell counts in treated patients, indicating promising efficacy and safety.

When was the positive Phase 1 data for 225Ac-J591 presented?

The positive Phase 1 data was presented on June 4, 2021, at the ASCO Annual Meeting.

What is the significance of the Phase 2 trial for AIkido Pharma's 225Ac-J591?

The Phase 2 trial aims to further evaluate the efficacy and safety of 225Ac-J591 for patients with advanced prostate cancer.

What potential does 225Ac-J591 have according to the ASCO presentation?

225Ac-J591 has the potential to act as a promising candidate for combination treatments in prostate cancer therapy.

aiki

NASDAQ:AIKI

AIKI Rankings

AIKI Latest News

AIKI Stock Data

19.53M
Payroll Services
Professional, Scientific, and Technical Services
Link
US
New York