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Kazia Therapeutics Limited American Depositary Shares - KZIA STOCK NEWS

Welcome to our dedicated page for Kazia Therapeutics American Depositary Shares news (Ticker: KZIA), a resource for investors and traders seeking the latest updates and insights on Kazia Therapeutics American Depositary Shares stock.

Kazia Therapeutics Limited (NASDAQ: KZIA) is an innovative biotechnology company focused on oncology, based in Sydney, Australia. The company is dedicated to developing cutting-edge anti-cancer drugs, with a robust pipeline aimed at addressing various forms of cancer.

The lead program for Kazia is paxalisib, an investigational brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway. Paxalisib is primarily developed for treating glioblastoma multiforme, a highly aggressive brain cancer. Licensed from Genentech in late 2016, paxalisib has been the subject of numerous clinical trials. A Phase II study reported promising clinical activity, and the drug is currently undergoing pivotal trials, with additional studies targeting brain metastases and other central nervous system (CNS) cancers.

Besides paxalisib, Kazia is advancing EVT801, a small-molecule VEGFR3 inhibitor, licensed from Evotec SE in April 2021. EVT801 has shown preclinical efficacy across a range of tumor types and synergy with immuno-oncology agents. It's currently in Phase I clinical trials for advanced solid tumors.

Another notable drug in Kazia’s pipeline is Cantrixil (TRXE-002-1), under development for ovarian cancer and in Phase I clinical trials in Australia and the United States.

Kazia’s commitment to innovation and collaboration is evident through strategic partnerships and licensing agreements. For example, they recently signed a non-binding Letter of Intent with a biotechnology company to develop and commercialize paxalisib outside oncology, targeting epilepsy related to focal cortical dysplasia type 2 and tuberous sclerosis complex.

Financially, Kazia remains focused on securing funding to sustain its research and development endeavors. The company recently announced a direct offering expected to generate approximately $2 million.

Additionally, Kazia's forward-looking strategy includes addressing market listing requirements and ensuring compliance with Nasdaq’s Minimum Bid Price Requirement.

For more information, visit www.kaziatherapeutics.com or follow them on Twitter @KaziaTx.

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Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) announced upcoming presentations at two key events. Scheduled for April 8-13, 2022, at the American Association of Cancer Research Annual Scientific Meeting in New Orleans, four abstracts related to their drug pipeline will be presented. This includes updates on EVT801 and paxalisib, both pivotal in treating advanced cancers. Additionally, CEO Dr. James Garner will discuss corporate progress at the 2022 Virtual Growth Conference from March 28-30, 2022. These presentations highlight Kazia's commitment to oncology research and drug development.

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Kazia Therapeutics Limited (NASDAQ: KZIA) announces the initiation of a phase II clinical study of paxalisib combined with metformin and a ketogenic diet for treating glioblastoma at Weill Cornell Medicine. The trial will recruit 30-60 patients over two years, aiming to enhance treatment efficacy through a low-insulin state. Dr. Howard Fine will lead the trial, which is expected to yield significant data read-outs throughout 2022, including insights on progression-free survival. Kazia continues its commitment to advancing glioblastoma treatment, with multiple ongoing studies.

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Kazia Therapeutics Limited (NASDAQ: KZIA) will present at the BIO CEO Conference in New York from February 14-17, 2022. CEO Dr. James Garner will deliver an update on the company's clinical-stage oncology programs, including paxalisib, a treatment for glioblastoma, and EVT801, a small-molecule inhibitor targeting various tumor types. The conference, hosted by the Biotechnology Innovation Organization, connects biotech companies with investors and analysts. Attendees can register via the conference website.

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Kazia Therapeutics Limited (NASDAQ: KZIA) announced its CEO, Dr. James Garner, will speak at the virtual Edison Group 'Open House' Event from January 25-27, 2022. Kazia is among 33 healthcare companies participating in this event, showcasing innovations in pharmaceuticals and technology. The presentation will occur on January 26, with on-demand access available from 8 AM GMT. Interested investors can register for free here.

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Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) announced that CEO Dr. James Garner will speak at the HC Wainwright BioConnect Conference from January 10-13, 2022. The event will feature over 275 companies from the life sciences sector and includes keynote speaker Scott Gottlieb, former FDA Commissioner. Dr. Garner's 'fireside chat' will be streamed online starting January 10 at 7 am ET, discussing Kazia's achievements in 2021 and anticipated milestones for 2022. Registration for the conference is free at hcwevents.com/bioconnect.

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Kazia Therapeutics Limited (NASDAQ: KZIA) announced the appointment of Karen Krumeich as Chief Financial Officer, effective January 2022. With over 30 years of experience in corporate finance, particularly in life sciences, Krumeich aims to enhance relationships with US investors and prepare for company expansion. CEO James Garner emphasized the transformative period for Kazia, highlighting Krumeich's extensive background in biotech. Kazia is advancing its pipeline, which includes the leading drug paxalisib for glioblastoma and EVT801, with ongoing clinical studies.

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Kazia Therapeutics Limited (NASDAQ: KZIA) announced promising final results from its Phase II clinical study of paxalisib as a first-line treatment for glioblastoma (NCT03522298). The study involved 30 patients with newly diagnosed disease, revealing a median overall survival of 15.7 months, outperforming the historical 12.7 months with temozolomide. Progression-free survival was also notable at 8.4 months compared to 5.3 months for the standard treatment. The maximum tolerated dose of paxalisib was set at 60mg daily. Kazia aims to publish these findings in a peer-reviewed journal in 2022.

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Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) announces the opening of the GBM AGILE study in glioblastoma at Sunnybrook Health Sciences Centre in Toronto, marking Canada's first site for paxalisib recruitment. This expansion into Canada allows Canadian patients to access potential new treatment options for glioblastoma, which affects approximately 1,200 Canadians annually. The study aims to enroll up to 200 patients on paxalisib and will include sites in the US, with plans to expand to Europe and China in the coming months.

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Kazia Therapeutics Limited (NASDAQ: KZIA) announced the appointment of John Friend, MD, as Chief Medical Officer. Dr. Friend will lead the development and commercialization of Kazia's oncology drug pipeline, including paxalisib and EVT801. With over 25 years of experience, Dr. Friend previously served as CMO at Cellectar Biosciences and held senior positions at Helsinn Therapeutics. His expertise is expected to enhance Kazia's research initiatives, especially as paxalisib advances toward commercialization.

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Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) announced the initiation of the PNOC022 study at the University of California, San Francisco, focusing on DIPG and diffuse midline gliomas, with the first patient successfully enrolled. This phase II study will investigate the efficacy of Kazia's investigational drug, paxalisib, in various treatment arms. DIPG is a highly aggressive childhood brain cancer with no FDA-approved treatments. The study aims to recruit several hundred patients and will utilize novel trial designs to explore combination therapies, making it a significant step in pediatric oncology.

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FAQ

What is the current stock price of Kazia Therapeutics American Depositary Shares (KZIA)?

The current stock price of Kazia Therapeutics American Depositary Shares (KZIA) is $1.9 as of January 30, 2025.

What is the market cap of Kazia Therapeutics American Depositary Shares (KZIA)?

The market cap of Kazia Therapeutics American Depositary Shares (KZIA) is approximately 10.3M.

What is Kazia Therapeutics’ primary focus?

Kazia Therapeutics focuses on developing innovative oncology drugs, with their lead program being paxalisib for brain cancer.

What is paxalisib?

Paxalisib is an investigational brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway, developed to treat various forms of brain cancer including glioblastoma.

What stage are paxalisib’s clinical trials in?

Paxalisib has completed Phase II clinical trials with promising results and is currently in pivotal trials and various other studies targeting CNS cancers.

What other drugs are in Kazia’s pipeline?

Kazia is also developing EVT801, a VEGFR3 inhibitor for solid tumors, and Cantrixil, aimed at treating ovarian cancer.

How is Kazia financing its projects?

Kazia is securing funding through direct offerings, such as a recent transaction expected to raise approximately $2 million.

What recent partnerships has Kazia formed?

Kazia has signed a non-binding Letter of Intent to develop and commercialize paxalisib for non-oncology indications like epilepsy.

What are the latest clinical trial developments for EVT801?

EVT801 is currently in Phase I clinical trials targeting advanced solid tumors. Preliminary data has shown favorable immune activity and tumor stabilization.

How does Kazia ensure compliance with Nasdaq’s listing requirements?

Kazia actively monitors its stock performance and considers all available options, including potential changes in ADS to ordinary share ratios, to meet Nasdaq’s Minimum Bid Price Requirement.

What is the significance of Kazia’s licensing agreement with Sovargen Co., Ltd?

The agreement allows Sovargen to develop, manufacture, and commercialize paxalisib for treating epilepsy associated with focal cortical dysplasia type 2 and tuberous sclerosis complex, expanding paxalisib’s potential beyond oncology.

Where can I find more information about Kazia Therapeutics?

For more information, visit Kazia's official website at www.kaziatherapeutics.com or follow them on Twitter @KaziaTx.
Kazia Therapeutics Limited American Depositary Shares

Nasdaq:KZIA

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