Recent Updates
Recently added Catalysts
TLSA Positive Sentiment

Tiziana Life Sciences Announces Six-Month Qualitative Improvement in Neuroimaging in 80% of Multiple Sclerosis Patients Receiving Intranasal Foralumab

Key Takeaway: Tiziana Life Sciences reported that 80% of non-active Secondary Progressive Multiple Sclerosis patients showed qualitative improvements in PET imaging after receiving intranasal foralumab for at least six months. The FDA has permitted the enrollment of 20 additional patients in the Expanded Access Program to gather more data. The company has also applied for Orphan Drug Designation for foralumab.
Price reaction · baseline $1.01 (2024-06-05 close) · hit pre-market · 1 other TLSA headline(s) in the window, move may be shared
day 0 close
-1%

Market Sentiment Analysis

POSITIVE FACTORS

  • 80% of patients showed qualitative improvement in neuroimaging.
  • FDA allowed enrollment of 20 additional patients for data collection.
  • Application for Orphan Drug Designation for foralumab has been submitted.
  • Ongoing Phase 2a trial indicates progress in treatment development.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+23%
120-day peak, hindsight
Typical move
5.9%
average across 8 past catalysts
Lead asset
Foralumab
Phase 2 · Secondary Progressive Multiple Sclerosis

Full Press Release Details

• Qualitative improvements in PET imaging seen in 80% of non-active Secondary Progressive Multiple Sclerosis (na-SPMS) Expanded Access patients receiving intranasal foralumab for at least 6-months.
• FDA Allowance for an additional 20 Patients to be enrolled in the intranasal foralumab Multiple Sclerosis Expanded Access Program will allow further data collection and analysis.
• Applied for FDA Orphan Drug Designation of foralumab for na-SPMS
NEW YORK, June 06, 2024 — Tiziana Life Sciences, Ltd. (Nasdaq: TLSA) (“Tiziana” or the “Company”), a biotechnology company developing breakthrough immunomodulation therapies via novel routes of drug delivery, today announced the qualitative results for all 10 non-active Secondary Progressive Multiple Sclerosis (na-SPMS) patients enrolled in the intermediate-size patient population Expanded Access (EA) Program receiving foralumab for at least six months.
Tarun Singhal, M.B.B.S., M.D., Director of the PET Imaging Program in Neurologic Diseases, associate neurologist and nuclear medicine physician at Brigham and Women’s Hospital, a founding member of Mass General Brigham Healthcare System, and Associate Professor of Neurology at Harvard Medical School, commented, “Based on currently available data from the latest cohort of four Expanded Access patients, three out of the four subjects had findings that suggest a qualitative reduction in the microglial PET signal over a period of six months of treatment with nasal foralumab. When combined with my assessment of the first six Expanded Access patients at six months, eight of the ten suggest a qualitative reduction in microglial PET signal. Further studies are needed to confirm these findings using additional cases and quantitative approaches.”
Gabriele Cerrone, Chairman, acting CEO, and founder of Tiziana Life Sciences, added, “I am thrilled that 80% of the na-SPMS patients who received intranasal foralumab treatment for at least 6-months have a qualitative reduction of microglial activity as confirmed in these latest PET images. I am also greatly appreciative of Dr. Singhal’s research and look forward to the additional quantitative analysis of the data. With the allowance of an additional 20 patients in the EA program, the application for Orphan Drug Designation for na-SPMS, and the ongoing Phase 2a trial , Tiziana is rapidly progressing its intranasal foralumab program in multiple sclerosis.”
About Foralumab
Activated T cells play an important role in the inflammatory process. Foralumab, the only fully human anti-CD3 monoclonal antibody (mAb), binds to the T cell receptor and dampens inflammation by modulating T cell function, thereby suppressing effector features in multiple immune cell subsets. This effect has been demonstrated in patients with COVID and with multiple sclerosis, as well as in healthy normal subjects. The non-active SPMS intranasal foralumab Phase 2 trial ( NCT06292923 ) began screening patients in November of 2023. Immunomodulation by nasal anti-CD3 mAb represents a novel avenue for 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, 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 applications.
For further inquiries:

Frequently Asked Questions

What percentage of patients improved with foralumab?

80% of patients showed qualitative improvements in neuroimaging.

What is the purpose of the Expanded Access Program?

It allows additional patients to receive foralumab and helps collect more data.

What designation has Tiziana applied for?

Tiziana has applied for FDA Orphan Drug Designation for foralumab.

What type of drug is foralumab?

Foralumab is a fully human anti-CD3 monoclonal antibody.

What condition is foralumab being tested for?

Foralumab is being tested for non-active Secondary Progressive Multiple Sclerosis.

Last updated: Jun 6, 2024