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Lixte Bio Shares Jump on LB-100 Trial

By Dean Seal


Shares of Lixte Biotechnologies jumped after the company said it will launch a trial to assess whether its drug LB-100 can aid immunotherapy in the treatment of ovarian clear cell carcinoma.

The stock was up 11% at $1.95 in early trading. Shares have fallen 62% since the start of the year.

The Pasadena, Calif.-based biotechnology company said the Phase 1b collaborative clinical trial will assess whether adding LB-100 to GSK's programmed death receptor-1 blocking monoclonal antibody, dostarlimab, can enhance its effectiveness in treating ovarian clear cell carcinoma.

GSK will provide dostarlimab and financial support for the clinical trial.


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(END) Dow Jones Newswires

September 20, 2023 10:05 ET (14:05 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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