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Tiziana Life Sciences Announces Foralumab Presentation by Dr. Howard Weiner at the Annual Meeting of the International Society of Neuroimmunology

Key Takeaway: Tiziana Life Sciences announced an oral presentation on foralumab at the ISNI Congress. Dr. Howard Weiner will discuss its potential in treating neuroinflammatory diseases like MS, AD, and ALS. The company is also advancing its Multiple Sclerosis Expanded Access program and has filed an IND for Alzheimer's. Phase 2 trials for intranasal foralumab are expected to begin soon.
Price reaction · baseline $0.674 (2023-08-22 close) · hit after-hours · 1 other TLSA headline(s) in the window, move may be shared
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+2.4%
day 1
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Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation on foralumab shows promise for treating neuroinflammatory diseases.
  • Successful filing of Alzheimer's IND with a 'may proceed' FDA response.
  • Rapid progress in the foralumab program with upcoming clinical findings.

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

NEW YORK, August 23 2023 — 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 an oral presentation of “Nasal anti-CD3 mAb induces Tregs that dampen microglial activation and treat neuroinflammatory diseases including MS, AD and ALS” at the 16 th International Society of Neuroimmunology (ISNI) Congress in Quebec City, Canada, being held August 21-24, 2023. Dr. Weiner’s live presentation is scheduled for 11:42 a.m. ET on August 24, 2023.
“We are expanding our understanding of foralumab through rigorous research [1] and clinical trials designed to study this potential treatment for neuroinflammatory diseases,” said Howard L. Weiner, MD, Chairman of Tiziana’s Scientific Advisory Board. Dr. Weiner is also co-director of the Ann Romney Center for Neurologic Diseases at Brigham and Women’s Hospital, a founding member of Mass General Brigham healthcare system.
“Dr. Weiner’s presentation on foralumab, or nasal anti-CD3 mAb will also include updates on our Multiple Sclerosis Expanded Access (EA) program”, commented Gabriele Cerrone, Executive Chairman, Founder, and interim Chief Executive Officer of Tiziana. “I am truly excited at the rapid progress of our foralumab program. This quarter, we have successfully filed our Alzheimer’s IND and received a “may proceed” FDA response. In addition, we will conduct our multiple sclerosis Phase 2a investigator’s meeting, announce our 6-month clinical findings and PET scans for EA Patients 3 through 6 and lastly enroll EA patients 7 through 10.”
About the ISNI Annual Congress
The 16 th ISNI Congress focuses on the latest fundamental, clinical, and technological advances in neuroimmunology. Topics include not only neuroimmune diseases, such as multiple sclerosis, but also neurodegenerative disorders involving inflammatory processes, such as Alzheimer’s disease, stroke, spinal cord injury, and brain cancer.
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. Intranasal foralumab Phase 2 trials are expected to start in the third quarter of 2023 in patients with non-active SPMS. Immunomodulation by nasal anti-CD3 mAb represents a novel avenue for treatment of inflammatory human diseases. 1
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:
Tiziana Life Sciences Ltd

Frequently Asked Questions

What is foralumab?

Foralumab is a fully human anti-CD3 monoclonal antibody that modulates T cell function to reduce inflammation.

When is Dr. Weiner's presentation scheduled?

Dr. Weiner's presentation is scheduled for 11:42 a.m. ET on August 24, 2023.

What diseases does foralumab target?

Foralumab targets neuroinflammatory diseases including multiple sclerosis, Alzheimer's disease, and ALS.

What recent progress has Tiziana made?

Tiziana has filed an IND for Alzheimer's and is advancing its Multiple Sclerosis Expanded Access program.

When will Phase 2 trials for foralumab start?

Phase 2 trials for intranasal foralumab are expected to start in the third quarter of 2023.

Last updated: Aug 23, 2023