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GT Biopharma Advances GTB-3650 Phase 1 Trial to Cohort 2 Following Successful Initial Human Dosing and Evidence of Early Immune Activation Signals

Key Takeaway: GT Biopharma has successfully completed Cohort 1 of its Phase 1 trial for GTB-3650, with no safety issues reported. The trial is evaluating the drug's effectiveness in treating relapsed or refractory CD33 expressing hematologic malignancies. Following positive results, the company has initiated dosing in Cohort 2 and plans to release more detailed results in 2025.
Price reaction · baseline $2.23 (2025-05-16 close) · hit pre-market · clean, no other GTBP news in the window
day 0 close
+0.4%
day 1
-2.9%
day 3 · peak
+19.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Successful completion of Cohort 1 without safety issues.
  • Early evidence of immunologic activity in patients.
  • Advancement to Cohort 2 indicates progress in the trial.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Cash runway
~8 mo
Medium dilution risk
Lead asset
GTB-5550
Phase 1 · Tri-specific Killer Engager

Full Press Release Details

Following the formal safety review of Cohort 1, no safety or tolerability issues were observed, allowing the company to move forward with Cohort 2.
The company plans on releasing more detailed results from Phase 1 later in 2025 following completion of additional dose cohorts.
SAN FRANCISCO, CALIFORNIA, May 19, 2025 (GLOBE NEWSWIRE) -- GT Biopharma, Inc. (the “Company”) (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company's proprietary TriKE®natural killer (NK) cell engager platform, today announced successful completion of dosing in Cohort 1 and subsequent initiation of dosing in Cohort 2 of its Phase 1 dose escalation trial evaluating GTB-3650 for the treatment of relapsed or refractory (r/r) CD33 expressing hematologic malignancies.
GT Biopharma’s second-generation TriKE, GTB-3650, is currently being evaluated in a Phase 1 dose escalation trial for the treatment of relapsed or refractory (r/r) CD33 expressing hematologic malignancies. Cohort 1 has been successfully completed with patients having undergone the first and second dosing cycles. Following the formal safety review, no safety or tolerability issues were observed, allowing the company to move forward with Cohort 2, with the first patient now having been treated with the first dose cycle.
Based on multiple assays of various blood biomarkers, both patients in Cohort 1 have shown early evidence of increased immunologic activity, supporting GTB-3650’s ability to activate endogenous NK cells and induce NK cell expansion. The company plans on releasing more detailed results later in 2025 following enrollment and completion of additional dose cohorts.
The trial plans to evaluate GTB-3650 in up to approximately 14 patients (seven cohorts) and GTB-3650 will be dosed in two-week blocks, two weeks on and two weeks off, for up to four months based on clinical benefit. The trial will assess safety, pharmacokinetics, pharmacodynamics, in vivo expansion of endogenous patient NK cells and clinical activity. More details can be found on clinicaltrials.gov with the identifier:NCT06594445.

About GT Biopharma, Inc.

GT Biopharma, Inc. is a clinical stage biopharmaceutical company focused on the development and commercialization of immuno-oncology therapeutic products based on our proprietary TriKE®NK cell engager platform. Our TriKE®platform is designed to harness and enhance the cancer killing abilities of a patient’s immune system’s natural killer cells. GT Biopharma has an exclusive worldwide license agreement with the University of Minnesota to further develop and commercialize therapies using TriKE®technology. For more information, please visitgtbiopharma.com.

Forward-Looking Statements

Certain statements in this press release may constitute "forward-looking statements" regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the markets in which we operate and the beliefs and assumptions of our management. Words such as "expects," "anticipates," "targets," "goals," "projects", "intends," "plans," "believes," "seeks," "estimates," "endeavors," "strives," "may," or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in our most recent annual report on Form 10-K, as such may be amended or supplemented by subsequent quarterly reports on Form 10-Q, or other reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and we undertake no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to our filings with the Securities and Exchange Commission.
TriKE®is a registered trademark owned by GT Biopharma, Inc.

LifeSci AdvisorsCorey Davis, Ph.D.cdavis@lifesciadvisors.com212-915-2577

Frequently Asked Questions

What is the purpose of the GTB-3650 trial?

The trial evaluates GTB-3650 for treating relapsed or refractory CD33 expressing hematologic malignancies.

What were the results of Cohort 1?

Cohort 1 was completed successfully with no safety or tolerability issues observed.

When will detailed results from the trial be released?

Detailed results are expected to be released later in 2025 after additional cohorts are completed.

How many patients will be evaluated in the trial?

The trial plans to evaluate GTB-3650 in up to approximately 14 patients across seven cohorts.

Last updated: May 19, 2025