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Tiziana Life Sciences Announces Purchase of Shares by Chairman BOSTON, MA

Key Takeaway: Tiziana Life Sciences announced that its Executive Chairman and Founder, Gabriele Cerrone, purchased 25,000 common shares at $1.60 each, increasing his total holdings to over 43 million shares. The company is focused on developing intranasal foralumab, an anti-CD3 monoclonal antibody, which is currently undergoing clinical trials for Non-Active Secondary Progressive Multiple Sclerosis. Early patient results from an open-label program show either improvement or stability of the disease. The nasal delivery method is being positioned as a novel approach to enhance treatment for neuroinflammatory diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • Executive Chairman Gabriele Cerrone's purchase demonstrates confidence in the company's future.
  • Intranasal foralumab has shown promising results in early patient trials.
  • The innovative nasal approach may offer improved efficacy and safety compared to traditional delivery methods.

Full Press Release Details

Tiziana Life Sciences Announces Purchase of
BOSTON, MA, September 5, 2025 - Tiziana Life Sciences,
Ltd. (Nasdaq: TLSA) ("Tiziana" or the "Company"),
a biotechnology company developing breakthrough immunomodulation therapies with its lead development candidate, intranasal foralumab,
a fully human, anti-CD3 monoclonal antibody, today announces that its Executive Chairman and Founder, Mr. Gabriele Cerrone, has purchased
25,000 common shares at $1.60 per share, bringing his total holding to 43,277,143 common shares, which is 36.28% of issued share capital.
Foralumab, a fully human anti-CD3 monoclonal antibody, is a biological
drug candidate that has been shown to stimulate T regulatory cells when dosed intranasally. At present, 10 patients with Non-Active Secondary
Progressive Multiple Sclerosis (na-SPMS) have been dosed in an open-label intermediate sized Expanded Access (EA) Program (NCT06802328)
with either an improvement or stability of disease seen within 6 months in all patients. In addition, intranasal foralumab is currently
being studied in a Phase 2a, randomized, double-blind, placebo-controlled, multicenter, dose-ranging trial in patients with non-active
secondary progressive multiple sclerosis (NCT06292923).
Foralumab is the only fully human anti-CD3 monoclonal antibody (mAb)
currently in clinical development. The non-active SPMS intranasal foralumab Phase 2 trial (NCT06292923) began screening patients in November
of 2023. Immunomodulation by intranasal foralumab represents a novel avenue for the treatment of neuroinflammatory and neurodegenerative
human diseases.[1],[2]
About Tiziana Life Sciences
Tiziana Life Sciences is a clinical-stage biopharmaceutical company
developing breakthrough therapies using transformational drug delivery technologies to enable alternative routes of immunotherapy. Tiziana's
innovative nasal approach has the potential to provide an improvement in efficacy as well as safety and tolerability compared to intravenous
(IV) delivery. Tiziana's lead candidate, intranasal foralumab, which is the only fully human anti-CD3 mAb currently in clinical
development, has demonstrated a favorable safety profile and clinical response in patients in studies to date. Tiziana's technology
for alternative routes of immunotherapy has been patented with several applications pending and is expected to allow for broad pipeline
For more information about Tiziana Life Sciences and its innovative
pipeline of therapies, please visit www.tizianalifesciences.com.
For further inquiries:
Tiziana Life Sciences Ltd
Paul Spencer, Business Development, and Investor Relations
+44 (0) 207 495 2379

Frequently Asked Questions

What is foralumab developed by Tiziana Life Sciences?

Foralumab is a fully human anti-CD3 monoclonal antibody aimed at treating neuroinflammatory diseases.

How many shares did Gabriele Cerrone purchase?

Gabriele Cerrone purchased 25,000 common shares, raising his total to 43,277,143 shares.

What is the focus of Tiziana Life Sciences?

The company focuses on innovative therapies using alternative drug delivery methods.

What trials are currently ongoing for foralumab?

Foralumab is undergoing a Phase 2a trial and an Expanded Access Program for na-SPMS.

What advantages does Tiziana's nasal approach offer?

The nasal approach may improve efficacy, safety, and tolerability compared to IV delivery.

Last updated: Sep 5, 2025