MEKanistic Therapeutics Announces FDA Clearance of IND for MTX-531, Enabling Phase 1 Trial in Advanced Solid Tumors

On May 19, 2026 MEKanistic Therapeutics, a biotechnology company developing first-in-class precision medicines designed to overcome cancer resistance mechanisms, reported that the U.S. Food and Drug Administration has cleared the Investigational New Drug application for MTX-531, the company’s lead oncology candidate.

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With the IND now in effect, MEKanistic may proceed with its planned Phase 1 clinical study of MTX-531, subject to standard study start-up activities.

MTX-531 is a potential first-in-class small molecule designed to selectively inhibit PI3K and EGFR, two signaling pathways implicated in tumor growth, survival and adaptive resistance.

"IND clearance marks an important milestone for MEKanistic and advances MTX-531 into the clinic," said Danny Cunagin, chief executive officer of MEKanistic Therapeutics. "We believe MTX-531’s differentiated dual-targeting approach has the potential to address meaningful unmet needs in oncology, provide new options for cancer patients and support a new treatment approach for hard-to-treat cancers."

The Phase 1 study will evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics and preliminary anti-tumor activity of MTX-531 in patients with advanced solid tumors characterized by dysregulated EGFR and/or PI3K signaling, including head and neck and endometrial cancers and other tumor types in which these pathways are implicated. The study will include dose-escalation with expansion cohorts at multiple U.S. sites, with first-patient dosing anticipated in the third quarter of 2026.

Preclinical findings published in Nature Cancer in 2024 demonstrated potent inhibition of EGFR and PI3K, durable tumor regressions and a differentiated tolerability profile. IND-enabling toxicology studies were supported through the National Cancer Institute’s Experimental Therapeutics, or NExT, Program.

About MTX-531

MTX-531 is a dual inhibitor of PI3K and EGFR designed to block key signaling pathways involved in tumor progression and adaptive resistance.

(Press release, Mekanistic Therapeutics, MAY 19, 2026, View Source [SID1234665875])

Blue Earth Diagnostics to Present New Molecular Imaging Data Advancing Patient Outcomes at the Society of Nuclear Medicine and Molecular Imaging 2026 Annual Meeting

On May 19, 2026 Blue Earth Diagnostics, a Bracco company and recognized leader in the development and commercialization of innovative positron emission tomography (PET) radiopharmaceuticals, reported that nine abstracts featuring the latest data on its growing portfolio and pipeline will be presented at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2026 Annual Meeting, held from May 30–June 2, in Los Angeles, CA. The presentations will showcase expanding clinical and preclinical evidence supporting novel PET imaging agents designed to improve prostate cancer detection, including findings from an intra-patient, head-to-head comparator study of POSLUMA (flotufolastat F 18) and piflufolastat F 18.

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Across multiple studies, POSLUMA demonstrated strong performance in detecting biochemical recurrence following radical prostatectomy, particularly at low prostate-specific antigen (PSA) levels where conventional imaging remains limited. Additional data from a prospective clinical study underscores the potential utility of Axumin (fluciclovine F 18) in patients with negative or inconclusive prostate-specific membrane antigen (PSMA) PET scans, supporting continued innovation in prostate cancer imaging.

"PET radiopharmaceuticals can transform uncertainty into precision by providing clinicians with early insights to identify clinically meaningful answers when decisions cannot wait," said Marco Campione, President and CEO of Blue Earth Diagnostics. "The data presented at SNMMI showcase our commitment to advancing nuclear medicine and enhancing patient outcomes through cutting-edge molecular imaging solutions, which facilitate precise, timely, and confident clinical decision-making."

Blue Earth Diagnostics invites attendees of the 2026 SNMMI Annual Meeting to participate in the Satellite Symposium titled, "Precision in PSMA: Why Agent Selection Matters More Than Ever" on Sunday, May 31, from 11:15 AM to 12:15 PM PT in Petree Hall C. Additionally, please visit the Bracco | Blue Earth Diagnostics Exhibit Booth #1823. For complete details on the sessions and a list of scientific presentations, please check the SNMMI online program.

POSLUMA (flotufolastat F 18)
DATE: Sunday, May 31, 2026
Title: Intra-patient Contemporaneous Comparator Study of the Qualitative Assessment of Urinary Radioactivity of 18F-Piflufolastat and 18F Flotufolastat PET/CT in Patients with Low PSA Biochemical Recurrence of Prostate Cancer After Radical Prostatectomy
Presenter: Phillip H. Kuo, MD, Kuo Radiology LLC
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 261637

DATE: Sunday, May 31, 2026
Title: Intra-patient Contemporaneous Comparator Study of Normal-Organ Distribution of PSMA-Targeting PET Radiopharmaceuticals, 18F-Piflufolastat and 18F-Flotufolastat, in Patients with Low PSA Biochemical Recurrence of Prostate Cancer after Radical Prostatectomy
Presenter: Phillip H. Kuo, MD, Kuo Radiology LLC
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 261643

DATE: Sunday, May 31, 2026
Title: Positive Predictive Value of 18F-Flotufolastat PET in Patients with Biochemical Recurrence of Prostate Cancer: Radio-Guided Salvage Surgery and Histological Validation
Presenter: Daniel Sasse, Technical University of Munich, School of Medicine, Klinikum rechts der Isar, Department of Nuclear Medicine München, Germany
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 202066

DATE: Sunday, May 31, 2026
Title: Intraindividual Comparison of Unspecific Bone Uptake Between 18F-Flotufolastat and 18F-PSMA-1007 PET/CT in Patients with Prostate Cancer
Presenter: Daniel Sasse, Technical University of Munich, School of Medicine, Klinikum rechts der Isar, Department of Nuclear Medicine München, Germany
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 261004

DATE: Sunday, May 31, 2026
Title: Real-world Detection Efficacy of ¹⁸F-Flotufolastat PET/CT
Presenter: Daniel Sasse, Technical University of Munich, School of Medicine, Klinikum rechts der Isar, Department of Nuclear Medicine München, Germany
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 262312

DATE: Sunday, May 31, 2026
Title: Tracking Changes in PSMA-PET During Initial Therapy for Metastatic Hormone-sensitive Prostate Cancer (mHSPC): Initial Results from PSMATrack
Presenter: Heather Jacene, MD, Dana-Farber Cancer Institute, Boston, Massachusetts
Session Type: Poster presentation
Session Time: 5:30 – 6:15 PM CT
Abstract ID.: 262165

Axumin (fluciclovine F 18)
DATE: Sunday, May 31, 2026
Title: The REFINE Study – A Prospective Clinical Trial: Uncovering Prostate Cancer Biochemical Recurrence with 18F-Fluciclovine After Negative PSMA PET
Presenter: Theo Lorenzini, Technical University of Munich, School of Medicine, TUM Klinikum rechts der Isar, Department of Nuclear Medicine Munich, Germany
Session Type: Oral presentation
Session Time: 1:20 – 1:30 PM PT
Abstract ID.: 262074

DATE: Tuesday, June 2, 2026
Title: Imaging Heterogeneity in Neuroendocrine Prostate Cancer on Paired PSMA and F18-Fluciclovine PET/CT
Presenter: Heather Jacene, MD, Dana-Farber Cancer Institute, Boston, Massachusetts
Session Type: Poster presentation
Session Time: 11:30 – 12:15 pm PT
Abstract ID.: 261277

64Cu-rhPSMA-7.3/Pipeline
DATE: Tuesday, June 2, 2026
Title: 64Cu-rhPSMA-7.3 for Imaging Prostate Cancer: A Preclinical Proof of Concept Study
Presenter: George Pope
Session Type: Poster presentation
Session Time: 11:30 – 12:15 PM CT
Abstract ID.: 261612

(Press release, Blue Earth Diagnostics, MAY 19, 2026, View Source [SID1234665874])

Plus Therapeutics Partners with Ephemeral Technologies to Deploy AI Execution Platform for CNS Oncology

On May 19, 2026 Plus Therapeutics, Inc. (Nasdaq: PSTV) (the "Company"), a clinical-stage pharmaceutical company developing targeted radiotherapeutics for central nervous system (CNS) cancers, reported that it has signed an agreement to enter into a strategic partnership with Ephemeral Technologies ("Ephemeral") to deliver a unique AI execution platform for CNS oncology. The AI execution platform is designed to integrate, organize, and derive actionable intelligence from longitudinal therapeutic, diagnostic and bioinformatic data sets generated across Plus’ CNS oncology technology programs.

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"Plus is building a CNS oncology platform to integrate across our therapeutics, diagnostics and bioinformatics data sets," said Marc Hedrick, M.D., Plus Therapeutics President and Chief Executive Officer. "Our partnership with Ephemeral and its expertise in deploying artificial intelligence brings industry-proven engineering and advanced AI capabilities to the most challenging area of oncology. This partnership is intended to help further position Plus as a leader in CNS oncology and accomplish our mission of improving survival for patients with the most devastating cancers."

Ephemeral was founded by the former co-heads of Palantir Technologies’ U.S. healthcare business. Ephemeral was launched to bring AI solutions to life sciences to accelerate drug development.

Plus and Ephemeral believe the combination of multi-modal, longitudinal data with generative AI reasoning and agentic workflows will create both near- and long-term value for shareholders. Beginning in 2026, Plus anticipates tangible improvements in both laboratory and clinical operating efficiency and workflows. Beyond 2026, Plus intends to increasingly use artificial intelligence for fully integrated operational workflows, operational decision support, translational and treatment response analytics, patient stratification, precision oncology initiatives, pharmaceutical collaborations and real-world evidence initiatives.

"Ephemeral was founded to help companies like Plus align AI to real scientific and operational execution to more quickly deliver better medicines to patients," said Drew Goldstein, Ephemeral Co-Founder and Co-Chief Executive Officer. "Plus’ unique positioning and data sets in CNS oncology represents an ideal opportunity for Ephemeral, and we are proud to leverage our technology to support Plus’ mission to help patients with CNS cancers."

Under the agreement, Plus Therapeutics and Ephemeral will assess and implement AI-enabled data infrastructure to support the integration, organization, and analysis of complex CNS oncology data sets generated through the Company’s therapeutic and diagnostic workflows. No financial terms of the agreement were disclosed.

(Press release, Plus Therapeutics, MAY 19, 2026, View Source [SID1234665872])

Torqur AG to Present Clinical Progress in Actinic Keratosis Program at the 7th Dermatology Drug Development Summit Europe 2026

On May 19, 2026 Torqur AG, a subsidiary of Swiss Rockets AG, reported it will present new clinical and translational findings from its actinic keratosis (AK) program at the 7th Dermatology Drug Development Summit Europe, taking place in Amsterdam, the Netherlands, from May 19–21, 2026.

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During the summit, the Torqur team will deliver a scientific presentation, highlighting the company’s progress in the development of topical bimiralisib for actinic keratosis (AK), a common precancerous skin condition with significant unmet medical need.

The presentation will feature recent clinical and translational data supporting the continued development of bimiralisib, a dual pan PI3K/mTOR inhibitor designed to target a key oncogenic signaling pathway involved in the progression of actinic keratosis and cutaneous squamous cell carcinoma. Recent clinical findings demonstrated encouraging field-directed efficacy and favorable tolerability, supporting a differentiated mechanism-driven therapeutic approach.

Alongside the topical bimiralisib program, the oral bimiralisib program is informed by the broader oncology interest in targeting the PI3K/mTOR pathway, one of the most frequently dysregulated pathways in cancer. While many approaches have focused on isoform-selective inhibition, increasing scientific attention is being given to broader pathway inhibition to address pathway complexity and resistance mechanisms, positioning bimiralisib as a differentiated dual PI3K/mTOR inhibitory approach.

Torqur AG will be represented at the summit by Dr. Dana Novac, Chief Medical Officer; Dr. Petra Hillmann, Head of Translational Science; and Dr. Patrick Schnider, Head of Research & Development.

Dana Novac and Petra Hillmann will represent the company as featured speakers during the scientific program.
"Actinic keratosis remains a disease in which patients and physicians continue to need more effective and better-tolerated treatment options. We look forward to presenting the progress of our bimiralisib program and discussing the translational and clinical findings supporting its further development," said Dana Novac, Chief Medical Officer.

(Press release, Torqur, MAY 19, 2026, View Source [SID1234665870])

Lantern Pharma Announces Successful Outcome of FDA Type C Meeting Request for HARMONIC™ Phase 2 Trial of LP-300 in Never-Smokers with NSCLC

On May 19, 2026 Lantern Pharma Inc. (NASDAQ: LTRN), a clinical-stage, AI-driven precision oncology company, reported that it has received a successful response to its recent Type C meeting request from the U.S. Food and Drug Administration (FDA), focused on the ongoing Phase 2 HARMONIC trial of LP-300 in never-smokers with advanced non-small cell lung cancer (NSCLC) adenocarcinoma. In its written responses to Lantern’s Type C meeting request, the FDA raised no objections to key proposed protocol amendments, providing a more focused, clearer regulatory path forward for the HARMONIC trial and for the future development of LP-300 in this distinct, high-need patient population.

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The HARMONIC trial is designed to evaluate LP-300, a small molecule given in combination with carboplatin and pemetrexed, in never-smokers with advanced NSCLC adenocarcinoma who have experienced disease progression following treatment with kinase inhibitors. Never-smoker NSCLC is increasingly recognized as a distinct disease entity with unique clinical and genomic features. Globally, approximately 400,000 to 500,000 patients are diagnosed with never-smoker NSCLC each year — a patient population that, if classified separately, would rank among the most common cancers worldwide. Despite this scale, no therapies have been specifically developed or labeled for the never-smoker NSCLC patient population, and the EGFR exon 21 L858R subset in particular continues to experience inferior outcomes when treated with currently available standards of care.

"In our view, this successful Type C interaction with the FDA is a meaningful de-risking milestone for the LP-300 program and for the HARMONIC trial. The FDA’s response to our proposed amendments supports our strategy to focus HARMONIC on the EGFR exon 21 L858R-mutant never-smoker population, where emerging data suggest LP-300 may offer meaningful differentiated benefit when added to standard chemotherapy following TKI failure."

— Panna Sharma, President and Chief Executive Officer, Lantern Pharma Inc.

Focused Enrollment in EGFR Exon 21 L858R Never-Smokers

Under the amended protocol supported by the FDA’s Type C responses, Lantern plans to focus all future HARMONIC enrollment on patients harboring the EGFR exon 21 L858R mutation, a subtype of EGFR kinase domain mutations associated with lower TKI binding affinity and inferior outcomes on osimertinib-based therapy relative to patients with exon 19 deletions. Preliminary analyses from the ongoing HARMONIC trial suggest that patients with EGFR exon 21 L858R-mutant disease may derive greater clinical benefit from the LP-300 triplet regimen than other EGFR-mutant subgroups, providing a biologically and clinically compelling rationale to enrich the study for this population. Based on currently available data, preliminary multivariable Cox regression analyses incorporating race, gender, and TP53 mutation status have confirmed L858R as an independent predictor of progression-free survival benefit in the trial, suggesting the signal is not driven by demographic confounders.

"The preliminary signal in the EGFR exon 21 L858R cohort — including a median progression-free survival of 8.3 months and durable responses extending beyond two years in select patients — gives us confidence that an enriched, single-arm design is the right next step. Aligning the trial with that signal, and receiving no objection from the FDA to key aspects of our approach via a successful Type C interaction, positions us to generate a more focused, decision-enabling data-set for patients, regulators, and potential partners."

— Panna Sharma, President and Chief Executive Officer, Lantern Pharma Inc.

Extended LP-300 Dosing Based on Safety and Emerging Outcomes

In addition to refining the molecularly defined patient population, the Type C feedback supports Lantern’s proposal to increase the maximum number of LP-300 treatment cycles in HARMONIC from six to eight. This change is supported by historical safety data from prior clinical experience with LP-300 indicating that up to eight cycles at the current dose level did not alter the established safety profile of the drug, as well as by emerging HARMONIC data suggesting improved outcomes with longer LP-300 treatment duration.

By extending LP-300 dosing, Lantern aims to maximize the depth and durability of response without adding clinically meaningful toxicity beyond that expected with carboplatin and pemetrexed alone. In earlier studies, LP-300 has been administered in multiple clinical trials to more than 1,000 individuals and has generally been well tolerated, providing a substantial safety foundation for this dosing adjustment.

Transition to a Single-Arm, Enriched Study Design

As part of the protocol amendments proposed in the Type C meeting interaction, Lantern will discontinue enrollment into the control arm of the HARMONIC trial and migrate the study into a single-arm design that only enrolls additional patients with the EGFR exon 21 L858R mutation. This evolution reflects the rapidly changing treatment landscape in TKI-refractory NSCLC, where increasing availability of subsequent-line therapies and patient preferences have made continued randomization to a traditional chemo-doublet control arm operationally challenging in never-smokers.

The enriched, single-arm design is intended to accelerate enrollment, sharpen the clinical signal within a genomically defined subgroup, and enable more efficient comparisons to historical and real-world benchmarks in EGFR exon 21 L858R-mutant never-smoker NSCLC. Lantern anticipates that the amended design, coupled with continued integration of AI-driven insights from its RADR platform, will support more informed discussions with regulators and prospective collaborators regarding potential registration-oriented strategies for LP-300.

Differentiated Safety Profile vs. Currently Approved Post-TKI Combinations

A central commercial rationale for the focused HARMONIC design is the differentiated safety profile of LP-300 plus chemotherapy relative to currently approved post-TKI regimens. In the recently published Phase 3 MARIPOSA-2 trial, amivantamab plus chemotherapy — now FDA-approved for EGFR-mutant NSCLC following progression on osimertinib — was associated with substantial rates of treatment-related serious adverse events, infusion reactions, and dermatologic toxicities that complicate real-world administration. Preliminary HARMONIC data (Data Cutoff: April 13, 2026; n=31 receiving LP-300 + chemotherapy) suggest a materially more manageable safety profile when LP-300 is added to a carboplatin/pemetrexed backbone:

The table below summarizes observations regarding Treatment-Related Adverse Events (TRAE) and Treatment-Emergent Adverse Events (TEAE). A Treatment-Emergent Adverse Event in clinical trials is an unfavorable medical occurrence that starts or worsens in intensity or frequency after the first dose of study treatment.

Adverse Event (any grade unless noted)

LP-300 + Chemo (N=31)

Amivantamab + Chemo (N=130)¹

Treatment-related serious adverse event

3%

23%

TEAE leading to dose delay (any study drug)

19%

65%

TEAE leading to drug discontinuation

6%

18%

Infusion-related reaction (TRAE)

7%

58%

Rash (TRAE)

7%

43%

Paronychia (TRAE)

0%

36%

Stomatitis (TRAE)

0%

31%

¹ Cross-trial comparison; not a head-to-head study. Amivantamab + chemotherapy data from Passaro A, et al. Annals of Oncology 2024;35(1):77-90 (MARIPOSA-2). LP-300 + chemotherapy data are preliminary, HARMONIC trial Data Cutoff: April 13, 2026.

The cleaner tolerability profile is particularly relevant in the post-TKI L858R setting, where patients have already been heavily pretreated and where treatment-emergent toxicities can drive dose interruptions, premature discontinuation, and erosion of efficacy in clinical practice. Lantern believes this safety differentiation, together with the emerging efficacy signal in the L858R subgroup, positions LP-300 as a potential future best-in-tolerability option in a treatment setting that currently demands meaningful infrastructure and supportive-care resources.

Ongoing Trial Progress and Emerging Clinical Data

The HARMONIC trial is currently enrolling patients at clinical sites in the United States and Taiwan, following the completion of targeted enrollment in Japan in July 2025 across five clinical centers, including the National Cancer Center Tokyo. Taiwan represents a particularly important region for HARMONIC, as more than half of lung cancer cases there occur in never-smokers, underscoring the global relevance of LP-300 for this patient population.

The trial has already generated encouraging early clinical data: in its initial safety lead-in cohort in the United States, LP-300 in combination with carboplatin and pemetrexed demonstrated an 86% clinical benefit rate and a 43% objective response rate among the first seven patients enrolled, including one patient who achieved a durable complete response in target lesions that has now been sustained for more than two years. Additional emerging data presented in April 2026 showed a median progression-free survival of 8.3 months in EGFR exon 21 L858R-mutant patients treated with the LP-300 triplet after TKI failure, with no new safety signals and no clinically meaningful toxicity added beyond that of carboplatin and pemetrexed alone.

KOL Webinar: Never-Smoker Lung Cancer – May 21, 2026

Rodman & Renshaw is hosting a fireside chat with Joseph Treat, M.D., on Thursday, May 21, 2026, from 3:00 to 4:00 PM ET, moderated by Michael G. King, Jr., Senior Biotechnology Analyst at Rodman & Renshaw. Dr. Treat is Professor Emeritus in the Division of Medical Oncology at Fox Chase Cancer Center and has focused his clinical research exclusively on lung cancer since 1991, when he founded the first medical oncology thoracic program at the University of Pennsylvania Cancer Center. His prior work as a Senior Fellow at Eli Lilly on a Phase III anti-VEGF trial in EGFR-mutated lung cancer led to regulatory approvals by the FDA, EMA, and Japanese authorities, and his current research focuses on lung cancer in individuals who have never smoked. The discussion will address the evolving treatment landscape in lung cancer, the unmet need in never-smoker populations, and what durable disease control could mean for real-world patient outcomes.

To register, please click here.

Lantern is actively exploring collaboration and partnering opportunities, both globally and regionally, to maximize the commercial potential of LP-300 across multiple geographies where never-smoker NSCLC is an increasingly recognized clinical challenge. The Company expects to provide additional clinical data updates from the HARMONIC trial, including outcomes in the enriched EGFR exon 21 L858R cohort under the amended protocol, in the second half of 2026.

About LP-300 and the HARMONIC Trial

LP-300 is an investigational small molecule being evaluated in Lantern Pharma’s Phase 2 HARMONIC trial in combination with carboplatin and pemetrexed in never-smokers with advanced NSCLC adenocarcinoma who have progressed following treatment with EGFR tyrosine kinase inhibitors. Following a successful Type C meeting request outcome, HARMONIC is transitioning to a single-arm design that will enrich enrollment for patients with EGFR exon 21 L858R mutations and extend LP-300 dosing to a maximum of eight cycles. The trial is enrolling patients at clinical sites in the United States and Taiwan, with completed targeted enrollment in Japan. The HARMONIC trial is registered on ClinicalTrials.gov under identifier NCT05456256. LP-300 has not received FDA marketing approval for any indication.

(Press release, Lantern Pharma, MAY 19, 2026, View Source [SID1234665869])