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Lixte Biotechnology Hldgs Inc - LIXT STOCK NEWS

Welcome to our dedicated page for Lixte Biotechnology Hldgs news (Ticker: LIXT), a resource for investors and traders seeking the latest updates and insights on Lixte Biotechnology Hldgs stock.

Lixte Biotechnology Holdings Inc (NASDAQ: LIXT) maintains this comprehensive news hub for investors tracking developments in its clinical-stage cancer therapeutics. Our curated collection features official press releases, regulatory filings, and material event announcements related to the company’s protein phosphatase inhibitor pipeline.

This resource enables stakeholders to monitor critical updates including clinical trial progress for lead compound LB-100, financial disclosures, and strategic collaborations. All content is sourced directly from company communications and SEC filings to ensure reliability.

Key categories include Phase 1/2 trial results, intellectual property milestones, executive leadership changes, and quarterly earnings reports. Bookmark this page for timely access to investment-relevant developments in Lixte’s novel approach to enhancing chemotherapy and radiation efficacy through targeted phosphatase inhibition.

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LIXTE Biotechnology Holdings, Inc. has appointed Bas van der Baan as an independent director to its Board of Directors. With over 20 years of experience in biotechnology, particularly in oncology, Mr. van der Baan is expected to enhance LIXTE's strategic direction, particularly in the commercialization of its first-in-class cancer drug, LB-100. This compound targets protein phosphatase 2A and aims to improve patient outcomes in chemotherapy and immunotherapy. LIXTE's novel approach is unique in the market and backed by a strong patent portfolio.

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LIXTE Biotechnology Holdings has appointed Professor René Bernards as an independent director on its Board. Bernards, a renowned figure in cancer drug development, will leverage his expertise to guide the company as it advances its lead compound, LB-100, a first-in-class protein phosphatase 2A (PP2A) inhibitor. This appointment follows Bernards' presentation of promising data on LB-100’s effectiveness alongside other anti-cancer treatments. LIXTE focuses on innovative cancer therapies, positioning itself strategically in the competitive pharmaceutical landscape.

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LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT) has successfully closed a registered direct offering, raising $5.8 million through the issuance of 2,900,000 shares at $2.00 per share. The funds will be allocated for working capital and the clinical development of its lead compound, LB-100. The offering was facilitated by WestPark Capital, Inc. and WallachBeth Capital, LLC. The shares were offered pursuant to a previously filed 'shelf' registration statement with the SEC.

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On April 14, 2022, WallachBeth Capital completed a registered direct offering for LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT), selling 2,900,000 shares at $2.00 each, totaling $5.8 million in gross proceeds. The offering was facilitated by WallachBeth Capital and WestPark Capital. LIXTE is focused on cancer drug development and is advancing its lead compound, LB-100, which targets the PP2A protein. Initial clinical trials for LB-100 are underway, indicating its potential to enhance cancer therapy outcomes.

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WestPark Capital announces the completion of a Registered Direct Offering for Lixte Biotechnology Holdings (Nasdaq: LIXT), raising $5.8 million through the issuance of 2,900,000 shares of common stock at $2.00 per share. The offering was made under a previously filed shelf registration statement with the SEC. This capital will support Lixte's ongoing development of innovative cancer therapies, including its lead compound, LB-100.

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LIXTE Biotechnology Holdings has entered into definitive agreements for a registered direct offering of 2,900,000 shares at $2.00 per share, expecting gross proceeds of approximately $5.8 million. The offering's closing is anticipated around April 14, 2022, pending customary conditions. This move is supported by a shelf registration statement filed with the SEC. LIXTE is focused on developing innovative cancer therapies, highlighting its lead compound LB-100, which has shown promising results in early trials.

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LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT) announced a registered direct offering of 2,900,000 shares of common stock at $2.00 per share, expected to close on or about April 14, 2022. The offering will generate approximately $5.8 million in gross proceeds, which will be used for working capital and the further development of its lead clinical compound, LB-100. Co-placement agents for this offering are WestPark Capital, Inc. and WallachBeth Capital, LLC. This offering is conducted under a previously filed shelf registration statement with the SEC.

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LIXTE Biotechnology Holdings announced significant new data on its lead clinical compound, LB-100, presented by Professor René Bernards at the AACR Annual Meeting. LB-100, a first-in-class protein phosphatase 2A inhibitor, shows enhanced efficacy against KRAS-mutant cancers when combined with WEE1 kinase inhibitors. The research indicates that LB-100 may increase DNA damage and stress in cancer cells, potentially leading to improved chemotherapy outcomes. LIXTE's innovative approach has gained recognition, highlighting its potential market impact and the successful collaboration with leading cancer researchers.

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LIXTE Biotechnology Holdings has reported promising findings indicating that immune checkpoint therapy can significantly benefit patients with ovarian clear cell carcinomas harboring PP2A activity-reducing mutations. At a recent Society of Gynecologic Oncology meeting, researchers presented data showing that patients with mutations in PPP2R1A had a median overall survival that was not reached, contrasting with a 6.4-month survival in patients without these mutations. CEO John S. Kovach emphasized that the results support the potential of LB-100 to enhance immunotherapy across various cancers.

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LIXTE Biotechnology Holdings, Inc. (Nasdaq: LIXT) will present at the MedInvest Pharmaceutical and Biotechnology Investor Conference from March 28 to April 1, 2022. The presentation, scheduled for March 31 at 12:00 PM EDT, will be led by Founder and CEO John S. Kovach, M.D., who will provide an overview of the company and an update on its lead clinical compound, LB-100, a PP2A inhibitor. This innovative drug shows promise for enhancing cancer treatment outcomes.

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Lixte Biotechnology Hldgs Inc

Nasdaq:LIXT

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3.04M
2.19M
18.72%
15.75%
1.58%
Biotechnology
Pharmaceutical Preparations
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United States
EAST SETAUKET