GCAR and Purdue Pharma L.P. Announce Initiation of Tinostamustine in GBM AGILE Trial

On April 8, 2026 The Global Coalition for Adaptive Research (GCAR) and Purdue Pharma L.P. (Purdue) reported the activation of investigational tinostamustine in GBM AGILE (Glioblastoma Adaptive Global Innovative Learning Environment – NCT03970447), a pioneering, international adaptive platform trial designed to accelerate the identification of effective treatments for glioblastoma (GBM). Tinostamustine will be evaluated for the treatment of adult patients with newly diagnosed GBM across GBM AGILE. It will also be studied in a cohort of patients with recurrent GBM at select GBM AGILE sites.

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GBM is the most common and aggressive form of primary brain cancer. Treatment options remain limited and patient outcomes have seen minimal improvement over the past several decades.

GBM AGILE is a seamless phase 2/3 study conducted under a master protocol enabling multiple therapies or combinations of therapies from different pharmaceutical companies to be evaluated simultaneously against a shared control arm. With its innovative design and efficient operational infrastructure, data from GBM AGILE can potentially be used as the foundation for a new drug application (NDA) and registrations to the U.S. FDA and other health authorities. Since its launch in 2019, GBM AGILE has evaluated multiple investigational therapies and has screened over 2,600 patients at approximately 60 trial locations in six countries.

Dr. John de Groot, Neuro-Oncology Division Chief, Department of Neurosurgery, University of California, San Francisco and Dr. Shiao-Pei Weathers, Brain Tumor Section Chief, Department of Neuro-Oncology, University of Texas MD Anderson Cancer Center, are serving as the Principal Investigators for tinostamustine’s evaluation in GBM AGILE. Dr. Timothy Cloughesy, Director, Neuro-Oncology Program and Distinguished Professor of Neurology at the University of California, Los Angeles, is the Global Principal Investigator for the overall study.

"Glioblastoma remains one of the most aggressive and difficult-to-treat cancers we encounter in clinical practice," said Dr. John de Groot. "There is a pressing need to explore novel mechanisms of action in well-designed studies. GBM AGILE’s adaptive platform design allows us to rigorously evaluate promising therapies like tinostamustine while generating high-quality data efficiently. The addition of tinostamustine strengthens our ability to investigate new approaches that may improve outcomes for patients with GBM."

"Despite advances in oncology, outcomes for patients with glioblastoma remain poor," said Dr. Shiao-Pei Weathers. "Participating in a global study like GBM AGILE gives patients access to innovative investigational therapies that would otherwise not be available outside of a clinical trial. The inclusion of tinostamustine offers hope and reflects the ongoing commitment to expanding meaningful treatment opportunities for this devastating disease."

Tinostamustine is a first-in-class, new chemical entity that combines two potentially synergistic mechanisms of action: bifunctional DNA alkylating activity, which triggers apoptosis, and pan histone deacetylase inhibition (or HDAC inhibition), which in addition to improving alkylating agent access to DNA, has been shown to disrupt oncogenic signaling pathways and enhance immune recognition of tumor cells. This dual mechanism may be particularly relevant in aggressive and treatment-resistant cancers like GBM, where both genomic instability and epigenetic dysregulation drive disease progression. Tinostamustine has the potential to be a first-line treatment and is being investigated in patients with newly diagnosed GBM as an adjuvant therapy following standard treatment with surgery, chemotherapy and radiation, as well as in a limited cohort for patients in whom the disease has recurred following initial treatment.

"We are pleased to initiate the evaluation of tinostamustine in GBM AGILE, an innovative adaptive trial designed to efficiently determine whether promising therapies like tinostamustine can provide meaningful benefit to patients with glioblastoma," said Dr. Julie Ducharme, Vice President and Chief Scientific Officer, Purdue. "Encouraging findings from prior clinical studies support continued investigation, and we look forward to advancing the development of tinostamustine for this devastating disease, where significant unmet need remains."

"Activation of the first trial sites represents the culmination of years of hard work and dedication, scientific rigor, and partnership," said Dr. Craig Landau, President and CEO, Purdue. "It underscores our determination to apply sustained scientific and clinical investment to help deliver new treatments patients urgently need."

"At GCAR, our mission is to rethink how therapies are developed for aggressive cancers like glioblastoma," said Dr. Meredith Buxton, CEO and President, GCAR. "Through master protocols and adaptive platform trials, we aim to streamline evaluation and accelerate decision-making. Our collaboration to evaluate tinostamustine represents an important step toward rapidly advancing new treatments in GBM AGILE and bringing new hope to patients."

(Press release, Purdue Pharma, APR 8, 2026, View Source [SID1234664247])

Portrai to Present 11 Posters on AI-Driven Spatial Transcriptomics at AACR 2026

On April 8, 2026 Portrai, Inc. reported it will present 11 posters highlighting its artificial intelligence and spatial transcriptomics capabilities at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting 2026. The presentations will detail Portrai’s latest computational frameworks and biological findings, designed to decode the tumor microenvironment (TME) and accelerate oncology drug development.

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The research presented demonstrates the company’s scalable approach to analyzing spatial transcriptomics, addressing the computationally intensive challenges of integrating massive sample collections and overcoming batch effects. Portrai’s new technologies include a transcript-only framework for high-resolution pseudocell boundary inference, and CELLama-Perturb, a virtual cell modeling approach for mapping drug sensitivity across spatial tumor heterogeneity. Additionally, the company will showcase an ontology-guided hierarchical cell typing system powered by large language models.

A central highlight of the presentations is PortrAIgent, a novel co-scientist AI agent built for end-to-end spatial transcriptomics discovery. The AI system autonomously manages complex analysis workflows—from missing data imputation and preprocessing to pathway activity scoring and report generation—without requiring manual intervention. Testing confirms that PortrAIgent reliably lowers the expertise barrier needed to translate high-resolution data into testable biological hypotheses.

Portrai will also share translational clinical findings, including a study revealing the core resistance niches that distinguish non-major pathological response (non-MPR) in non-small cell lung cancer (NSCLC) patients following neoadjuvant chemoimmunotherapy. The spatial data maps intrinsic repair mechanisms to specific TME regions, providing a rationale for emerging combination strategies such as TROP2-directed antibody-drug conjugate(ADC) therapies.

"These 11 presentations reflect our commitment to bridging the gap between high-resolution spatial data and actionable clinical insights," said Hongyoon Choi, MD, PhD, co-founder and CTO at Portrai. "By automating complex spatial analyses and building robust foundation models, we are providing the tools necessary to understand tumor resistance and accelerate the discovery of novel precision targets."

Portrai’s abstracts and poster presentations will be available for viewing throughout the AACR (Free AACR Whitepaper) 2026 conference.

(Press release, Portrai, APR 8, 2026, View Source [SID1234664248])

Assertio Announces Agreement to be Acquired by Garda Therapeutics

On April 8, 2026 Assertio Holdings, Inc. ("Assertio" or the "Company") (Nasdaq: ASRT), reported a definitive agreement (the "Garda Agreement") to be acquired by Garda Therapeutics ("Garda" or the "Buyer") for $18 per share in cash, or a total cash consideration of $125.1 million, (the "Garda Transaction"), plus a contingent value right (the "CVR"). In connection with the Garda Transaction, the Company today also announced that it has signed and closed an agreement ("Cosette Agreement") to sell all non-Rolvedon assets to Cosette Pharmaceuticals ("Cosette").

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The Garda Transaction represents a 34.6% premium to the Company’s unaffected stock price on March 20, 2026 – the day before a significant share price and trading volume movement – a 46.6% premium to the 30-day unaffected volume-weighted average price ("VWAP") and a 62.2% premium to the 60-day unaffected VWAP as of March 20. The Garda Transaction has been unanimously approved by the Boards of Directors of both companies.

Heather Mason, Chair of the Assertio Board of Directors, stated: "Over the course of this extensive multi-month process, the Board, management, and our advisors have conducted a disciplined and wide-ranging review of our business. We evaluated multiple strategic pathways – including a potential sale of the Company, merger opportunities, monetization of Rolvedon, and continuing as a standalone entity. The Company and its advisors engaged more than 35 counterparties, including both strategic and financial buyers. Following this thorough process – and with the addition under the agreement for an incremental shop period to ensure maximum value – the Board has determined that these transactions with Cosette and Garda provide the best outcome for our shareholders."

Assertio will file a Schedule 14D-9 with respect to the tender offer in approximately 10 business days, which will include additional detailed information on the strategic review process.

Mark Reisenauer, CEO and a Director of Assertio, added: "These transactions provide our shareholders with a certain path to value realization amid a rapidly evolving regulatory, reimbursement, and macroeconomic environment. I would like to sincerely thank everyone involved for the hard work that helped the Company to achieve this outcome."

Transaction Details

Under the terms of the Garda Agreement, Garda will promptly commence a tender offer to acquire all outstanding shares of Assertio Holdings at an upfront price of $18 per share in cash, or a total cash consideration of $125.1 million, plus a non-tradeable CVR related to potential future milestones for Sprix. The Company’s Board of Directors unanimously recommends that Assertio stockholders tender their shares in the tender offer.

In connection with the Garda Agreement, Assertio divested the assets, properties, rights, title and interest in and to the Indocin products, Sympazan, Sprix, Cambia, Zipsor, and the recently decommercialized Otrexup to Cosette for an up-front payment of $35 million plus earnouts related to certain product milestones, all of which are included in the total consideration of the Garda Transaction. Other than the Sprix-related milestones, which would be passed through to the Assertio shareholders through the CVR, the economics of the Cosette transaction will not further impact the $125.1 million purchase price.

The Garda Agreement includes a 20-day "window-shop" period. Under the terms of the window-shop provision, Assertio is free to engage with other parties who may provide superior value to our shareholders. In the event the Board terminates the Garda Agreement in favor of a superior bid during the window-shop period, a reduced breakup fee would apply.

The closing of the Garda Transaction is expected to occur in the second quarter of 2026 and is subject to customary closing conditions, including the tender of a majority of the outstanding shares of Assertio’s common stock. The Company does not expect any regulatory approvals to be required for closing. Following the successful closing of the tender offer, Garda will acquire all remaining shares of Assertio Holdings’ common stock that are not tendered in the tender offer through a second-step merger at the same price as the tender offer of $18 per share, plus the CVR.

Following the completion of the tender offer, Assertio’s common stock will no longer be listed for trading on Nasdaq.

Assertio will file a current report on Form 8-K with the U.S. Securities and Exchange Commission containing a summary of terms and conditions of the Garda Transaction.

Moelis & Company LLC acted as exclusive financial advisor, and Gibson, Dunn & Crutcher LLP served as legal counsel to Assertio on the sale to Garda and on the divestiture to Cosette. Longacre Square Partners serves as strategy and communications advisor to Assertio.

(Press release, Assertio Holdings, APR 8, 2026, View Source [SID1234664250])

TAE Life Sciences Announces Breakthrough BNCT Research Demonstrating Durable Tumor Control and Systemic Immune Effects

On April 8, 2026 TAE Life Sciences (TLS), a leader in Boron Neutron Capture Therapy (BNCT), reported the publication of new research in ACS Pharmacology & Translational Science (an ACS journal), demonstrating that its next-generation boron delivery platform may enable both enhanced tumor control and systemic immune activation.

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The study introduces a novel class of proprietary BPA-based dipeptides designed to overcome key limitations of conventional BPA (boronophenylalanine) for BNCT, particularly solubility and dosing constraints. By enabling substantially higher boron delivery to tumors, these compounds significantly improved therapeutic outcomes across multiple preclinical models.

The dipeptides achieved 12- to 77-fold higher solubility than standard BPA, allowing for increased dosing within clinically relevant administration parameters. In vivo, this translated into complete and durable tumor regressions, including 100% complete response rates (5/5) in a human head and neck cancer xenograft model using dipeptides, i.e. 10B l-BPA-BPA.

Beyond local tumor control, the study demonstrates that BNCT can activate a systemic anti-tumor immune response in mouse models. The mice that achieved complete responses were able to reject tumor rechallenge, indicating the development of durable immune memory. Additionally, suppression of untreated tumors in contralateral sites demonstrates an abscopal effect, supporting the potential for BNCT to function as an in situ tumor vaccine in the clinic.

These findings position BNCT as a dual-mechanism modality, combining highly localized, high-linear energy transfer radiation with immune activation. This profile may create meaningful opportunities for combination strategies with immune checkpoint inhibitors, targeted therapies, and other systemic treatments, particularly in tumors with limited treatment options or resistance to conventional therapies.

"Our studies highlight the potential for BNCT to evolve into a platform that not only delivers precise tumor-targeted radiation, but also engages the immune system to enhance tumor control," said Kendall Morrison, Chief Scientific Officer, at TAE Life Sciences. "These findings support the continued advancement of BNCT across clinical pathways with the goal of expanding treatment options for patients."

TAE Life Sciences is the only company with an integrated BNCT platform that combines its Alphabeam accelerator-based neutron system with a pipeline of proprietary boron drug candidates. The company is actively exploring strategic collaborations to further evaluate BNCT in combination settings and expand its clinical applications.

The full study is available in ACS Pharmacology & Translational Science (DOI: 10.1021/acsptsci.5c00613).

(Press release, TAE Life Sciences, APR 8, 2026, View Source [SID1234664251])

Autolus Investor event

On April 8, 2026 Autolus presented its corporate presentation.

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(Presentation, Autolus, APR 8, 2026, View Source [SID1234664235])