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Stock impact report

BLRX: A Venture into GBM [Yahoo! Finance]

BioLineRx Ltd. - American Depositary Shares (BLRX) 
Last biolinerx ltd. - american depositary shares earnings: 5/14 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.biolinerx.com
Company Research Source: Yahoo! Finance
In a highly anticipated event, BioLineRx Ltd. (NASDAQ:BLRX) announced a deal to develop a new cancer drug in a joint venture with Hemispherian AS . Hemispherian is an Oslo, Norway-based private biotechnology company developing new cancer therapies. Its lead asset is GLIX1, a first-in-class small-molecule therapeutic targeting DNA repair vulnerabilities in cancer cells. The JV has been established for the development, clinical evaluation and commercialization of GLIX1 where Hemispherian will initially hold 60% of the ownership and BioLineRx will hold 40%. GLIX1 submitted an investigational new drug application (IND) earlier this year which was cleared by the FDA in August. The JV is preparing to begin a Phase I/IIa study, anticipated to begin 1Q:26. GLIX1 is a first in class, oral, small molecule that targets DNA damage response and repair vulnerabilities in cancers. GLIX1 restores ten-eleven translocation 2 (TET2) activity in cancer cells causing double-stranded DNA breaks and apop Show less Read more
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