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Tiziana Life Sciences to File Alzheimer's IND for Intranasal Foralumab in Q2 2023 Application for $3M of non-dilutive funding for Phase 2a Alzheimer's trial will be submitted in Q2 2023 Tiziana guided by FDA Type "B" mee

Key Takeaway: Tiziana Life Sciences announced its intention to submit an IND for intranasal foralumab in patients with mild to moderate Alzheimer's Disease in Q2 2023. The company aims to investigate the effects of intranasal foralumab on microglia activation and neuroinflammation. Additionally, Tiziana is seeking $3 million in non-dilutive funding to support its Phase 2a trial. This development follows positive feedback from the FDA on the company’s development plans.

Market Sentiment Analysis

POSITIVE FACTORS

  • Planned IND submission for intranasal foralumab indicates strong pipeline progress.
  • Seeking non-dilutive $3M funding shows confidence and support for the trial.
  • Innovative approach targeting neuroinflammation could improve Alzheimer's treatment options.
  • Tiziana's approach has shown favorable safety and clinical response in prior studies.

Full Press Release Details

Life Sciences to File Alzheimer's IND for Intranasal Foralumab in Q2 2023
Application for $3M of non-dilutive funding for Phase 2a Alzheimer's trial will be submitted in Q2 2023
Tiziana guided by FDA Type "B" meeting comments on its scheduled Q2 2023 intranasal foralumab Alzheimer's IND filing
Alzheimer's patients will be administered 3-months of intranasal foralumab to study effects on neuroinflammation caused microglia activation
NEW YORK, April 20, 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 its plan to submit an IND for intranasal foralumab in patients
with mild to moderate Alzheimer's Disease in Q2 2023.
"Following the FDA feedback from our
protocol and development plans from the August 2022 type "B" Pre-IND meeting, Tiziana plans submit its intranasal foralumab
protocol and IND for mild to moderate Alzheimer's disease in Q2 2023," stated Gabriele Cerrone, Executive Chairman, Founder
and interim Chief Executive Officer of Tiziana. "Tiziana is also seeking $3,000,000 in non-dilutive funding from a prestigious Alzheimer's
foundation to support the Phase 2a trial. It is my expectation that this funding application will be submitted Q2 2023 with a response
"There are no FDA approved treatments
for Alzheimer's disease specific to the neuroinflammation caused microglia activation triggered by amyloid beta plaque," commented
Matthew W. Davis, M.D., RPh, Chief Medical Officer of Tiziana. "We plan to study 3-months administration of intranasal foralumab
in Alzheimer's disease patients to see if neuroinflammatory activated microglia will return to the baseline homeostatic state."
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.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:
Tiziana Life Sciences Ltd
Paul Spencer, Business Development and Investor
+44 (0) 207 495 2379
LifeSci Advisors, LLC

Frequently Asked Questions

What is Tiziana planning for Alzheimer's in Q2 2023?

Tiziana plans to submit an IND for intranasal foralumab for Alzheimer's patients.

How long will the foralumab treatment last?

Patients will receive intranasal foralumab for three months.

What type of funding is Tiziana seeking?

Tiziana is seeking $3 million in non-dilutive funding for the trial.

What condition does the trial target?

The trial targets neuroinflammation in mild to moderate Alzheimer's disease.

What makes foralumab unique?

Foralumab is the only fully human anti-CD3 monoclonal antibody available.

Last updated: Apr 20, 2023