other material
confidence high
sentiment neutral
materiality 0.40
Lixte pauses NKI/Oncode collaboration until Phase 1b trial starts; budget cut to €100K
LIXTE BIOTECHNOLOGY HOLDINGS, INC.
- Amendment 3 pauses research activities under the development collaboration with NKI and Oncode Institute.
- Collaboration resumes upon first patient dosing in Phase 1b trial combining LB-100 with a WEE1 inhibitor in metastatic colorectal cancer.
- Termination date revised to one year from first patient dosing; annual budget reduced from €250,000 to €100,000.
- Parties will study translational data from patient samples in NKI clinical trials.