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Kairos Pharma Recaps Important Acquisitions and Details Plans for the Balance of 2026 in Letter to Shareholders

Key Takeaway: Kairos Pharma Ltd. provided a mid-year update for 2026, highlighting its acquisition of CL-741, a promising oncology asset targeted for non-small cell lung cancer. The company plans to leverage its expertise in drug resistance therapeutics to advance its pipeline, with several key clinical milestones expected in the coming months. Financially, Kairos maintains a robust position with over $8 million secured in non-dilutive funding. However, the company acknowledges inherent risks related to clinical trials and regulatory approvals that could impact anticipated outcomes.

Market Sentiment Analysis

POSITIVE FACTORS

  • Kairos Pharma announced acquisition of a promising oncology asset, CL-741.
  • Anticipation of key milestones and data presentations in clinical trials for 2026.
  • Strong financial position with over $8 million in non-dilutive funding secured.

CONCERNS & RISKS

  • Potential risks associated with the successful completion of clinical trials.
  • Ongoing uncertainties related to regulatory approvals for new assets.

Full Press Release Details

Pharma Recaps Important Acquisitions and Details Plans for the Balance of 2026 in Letter to Shareholders
ANGELES, June 4, 2026 - (Business Wire) - Kairos Pharma Ltd. (NYSE American: KAPA), a clinical-stage biopharmaceutical
company focused on innovative cancer therapeutics, provides a mid-year update for 2026 and a look ahead to the rest of the year in a
letter to shareholders from CEO John Yu, M.D.:
our valued Kairos Pharma Shareholders,
we move toward the close of the second quarter, Kairos has been focused on adding some potentially impactful new development candidates
to our existing pipeline. We announced the signing of a term sheet for a strategic asset acquisition with Celyn Therapeutics, Inc., a
privately held biotechnology company backed by OrbiMed and Torrey Pines Investment. The Company will be acquiring the worldwide rights for
a highly differentiated, clinical-stage oncology asset targeting non-small cell lung cancer (NSCLC) and esophageal and gastric cancer:
CL-741, a Phase 1-ready, orally available type IIb c-MET kinase inhibitor.
is a Phase 1-ready therapeutic candidate targeting EGFR-mutated lung cancer, a treatment landscape valued at an estimated $16.2B in 2026
(Future Market Insights). We intend to utilize Kairos's proven expertise in developing drug-resistance therapeutics and establishing
strong clinical partnerships to accelerate CL-741's pathway for patients with EGFR-mutant and c-MET-driven lung cancers.
will add to our already existing portfolio of exciting targets, including ENV-105, KROS-201, KROS-102 and ENV-205. We remain
committed to seeing these therapeutics through the clinical system alongside our partners utilizing non-dilutive clinical funding as
highlights from this quarter include:
Kairos Pharma Presented at the 3rd Annual DealFlow Discovery Conference
Our CSO Dr. Neil Bhowmick Interviewed with the RedChip Small Stocks Big Money Show
Kairos Pharma participated in The Scientist's two-day symposium on Emerging Therapeutic Strategies in Oncology
Kairos continues to showcase the potential of our drug candidates, we anticipate the following key milestones for the rest of 2026, including:
The initiation of a Phase 1 study with CL-741 targeting EGFR-mutated lung cancer
Continued execution in the second phase of our randomized clinical trial of ENV-105 in prostate cancer, with more trial sites expected to be announced before the end of the year
Continued execution of our Phase 1 clinical trial of ENV-105 in non-small cell lung cancer, with the goal of announcing key safety and efficacy results by Q3 2026
Presenting key data on our ongoing programs at national scientific meetings
Working to develop key collaborations with pharmaceutical companies that test the synergy of ENV-105 with oncology drugs for prostate cancer by end of Q2/beginning of Q3 2026
Pharma is a lean operation with a low monthly burn rate and more than $8 million dollars already in non-dilutive funding for the preclinical
and clinical assets under our management. Additionally, our strategic relationship partner, the Cedars-Sinai Medical Center, recently
announced a CRO consortium leveraging the efficiencies of partner institutes such as the Mayo Clinic, Stanford, The Cleveland Clinic,
Rutgers and more to extend the reach of innovative therapies, like our own, across diverse communities.
conviction in the transformative potential of our therapeutic pipeline remains unwavering. Built on proprietary science pioneered by
our executive team, we believe these treatments will deliver lasting clinical value by successfully targeting and halting the progression
of resistance development in complex cancers.
deeply appreciate the ongoing collaboration of our partners and the trust of our investors. As we scale our scientific capabilities,
our primary focus remains on generating sustainable, near- and long-term shareholder returns. We look forward to keeping you informed
of our developmental milestones in the quarters ahead.
in Los Angeles, California, Kairos Pharma Ltd. (NYSE American: KAPA) is at the forefront of oncology therapeutics, utilizing structural
biology to overcome drug resistance and immune suppression in cancer. Our lead candidate, ENV-105, is an antibody that targets CD105-a
protein identified as a key driver of resistance to various cancer treatments. Elevation of CD105 in response to standard therapy results
in resistance and disease relapse. ENV-105 aims to reverse drug resistance by targeting CD105 and restore the effectiveness of standard
therapies across multiple cancer types. Currently, ENV-105 is in a Phase 2 clinical trial for castrate-resistant prostate cancer and
a Phase 1 trial for lung cancer aimed at addressing significant unmet medical needs. For more information, visit kairospharma.com.
press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. You
can identify forward-looking statements as those that are not historical in nature, particularly those that use terminology such as "may,"
"should," "expects," "anticipates," "contemplates," "estimates," "believes,"
"plans," "projected," "predicts," "potential" or "hopes" or the negative
of these or similar terms. The reader is cautioned not to rely on these forward-looking statements. If underlying assumptions prove inaccurate,
or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of
Kairos Pharma. We base these forward-looking statements on our expectations and projections about future events, which we derive from
the information currently available to us. Such forward-looking statements relate to future events or our future performance. In evaluating
these forward-looking statements, you should consider various factors, including: our expectations regarding the success and/or completion
of our Phase 1 and Phase 2 clinical trials; our ability to complete the CL-741 acquisition; our success in completing newly initiated
clinical trials, commence new trials and fund such trials, and obtain regulatory approval following the conclusion of such trials; challenges
and uncertainties inherent in product research and development; and the uncertainty regarding future commercial success. These and other
factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions.
The forward-looking statements discussed in this press release and other statements made from time to time by us or our representatives,
may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us,
including those described in Kairos Pharma's Annual Report on Form 10-K and other filings made with the SEC. We are not obligated
to publicly update or revise any forward-looking statement, and Kairos Pharma is not required to update any forward-looking statement
as a result of new information or future events or developments, except as required by U.S. federal securities laws.

Frequently Asked Questions

What acquisition did Kairos Pharma recently announce?

Kairos Pharma announced a strategic asset acquisition of CL-741 from Celyn Therapeutics.

What is CL-741 targeting?

CL-741 targets EGFR-mutated lung cancer and is a Phase 1-ready c-MET inhibitor.

What is the goal for ENV-105 in 2026?

The goal for ENV-105 is to announce key safety and efficacy results by Q3 2026.

What funding has Kairos Pharma secured?

Kairos Pharma has secured more than $8 million in non-dilutive funding for its assets.

Where is Kairos Pharma located?

Kairos Pharma is based in Los Angeles, California.

Last updated: Jun 4, 2026