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What's Going On With Moleculin Biotech Stock Today?

Published 18/04/2023, 20:33
© Reuters.  What's Going On With Moleculin Biotech Stock Today?
MBRX
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Benzinga -

  • Moleculin Biotech Inc (NASDAQ: MBRX) announced that preclinical data regarding its next-generation anthracycline, Annamycin, was presented at the American Association for Cancer Research (AACR) Annual Meeting 2023.
  • The poster outlined results from the analysis of the pharmacokinetics of two formulations of Annamycin, liposome formulated drug product (L-ANN) and free Annamycin (ANN), in the liver in comparison with doxorubicin (DOX) and to determine its tumoricidal potential in a hepatocellular carcinoma (HCC) model in situ and experimental models of liver metastasis.
  • Related: Moleculin Reveals Final Topline Data From European Study Of Annamycin In Leukemia Setting.
  • ANN exhibited significantly higher accumulation in the liver parenchyma when compared to DOX (6-fold higher AUC values).
  • Researchers observed clear inhibition of the subcutaneous tumor growth after systemic (IV) administration of L-ANN.
  • Increased liver uptake of the drug directly affected the drug's activity in vivo.
  • An encouraging activity of L-ANN was observed in orthotopic models. Significant inhibition of the tumor growth and extension of the survival of L-ANN-treated mice vs. vehicle-receiving animals was observed.
  • L-ANN treatment resulted in an increase in survival in the CT26 colon cancer experimental metastasis animal model.
  • A significant delay in tumor progression was also observed in the pancreatic cancer liver metastasis model in a separate experiment.
  • MBRX shares have been volatile in trading, up 31% at one point before the circuit breaker halt.
  • Price Action: MBRX shares are down 6.35% at $0.88 on the last check Tuesday.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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