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News  ›  GlobeNewswire Inc.

Greenwich LifeSciences Provides Additional Updates on FLAMINGO-01 and Corporate Strategy

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Greenwich Lifesciences, Inc.
Greenwich LifeSciences Provides Additional Updates on FLAMINGO-01 and Corporate Strategy

Greenwich LifeSciences provided updates on its Phase III FLAMINGO-01 clinical trial for GLSI-100, an immunotherapy to prevent breast cancer recurrences. The company reported that the 250-patient non-HLA-A*02 arm is fully enrolled with preliminary data showing approximately 80% reduction in recurrence rates. The company is implementing cost reduction measures, expanding to additional sites and countries, and pursuing strategic partnerships while maintaining its ATM financing strategy with a burn rate of approximately $7 million annually.

Insights
GLSI   positive

The company reported encouraging preliminary clinical data showing 80% recurrence rate reduction in the non-HLA-A*02 arm, full enrollment of the 250-patient open label arm, expansion of clinical sites and geographic reach, DSMB recommendation to continue the study without modification, and strategic plans to reduce costs and pursue partnerships. These developments reduce trial risk and increase probability of success.