Akari Therapeutics Establishes Scientific Advisory Board and Welcomes Esteemed Medical Oncologist Sara A. Hurvitz, MD, FACP, as First Member
Formation of Scientific Advisory Board: Akari Therapeutics has established a Scientific Advisory Board (SAB) with Dr. Sara Hurvitz as its inaugural member, aimed at advancing the company's scientific and clinical strategies in oncology.
Dr. Hurvitz's Expertise: Dr. Hurvitz is a recognized expert in oncology, particularly in antibody drug conjugates (ADCs) and breast cancer treatments, and will guide Akari's development of innovative cancer therapies.
Akari's ADC Pipeline: The company is expanding its ADC pipeline, including its lead candidate AKTX-101, which targets the Trop2 receptor and utilizes a novel spliceosome modulator payload designed to enhance cancer cell death and immune response.
Future Prospects: Akari Therapeutics aims to leverage its innovative ADC discovery platform to address unmet medical needs in oncology, with ongoing plans to advance its product candidates through clinical development.
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- ADS Ratio Change: Akari Therapeutics is changing its American Depositary Shares (ADS) ratio from 1:2,000 to 1:80,000 effective March 31, 2026, aimed at meeting Nasdaq's minimum bid price requirements to ensure continued listing.
- Shareholder Exchange Mechanism: Under the revised structure, shareholders will exchange 40 existing ADS for 1 new ADS, which is expected to elevate the per-share price, enhance investor confidence, and attract more institutional investors.
- Ordinary Shares Unchanged: Despite the change in ADS ratio, the company's underlying ordinary shares remain unchanged, indicating that the company's fundamentals are not directly impacted, which may preserve investor perceptions of long-term value.
- Positive Market Reaction: Following the announcement of the adjustment, Akari Therapeutics' shares rose by 4.2% in after-hours trading, reflecting a positive market response to this strategic adjustment and potentially signaling investor optimism about the company's future prospects.
- New Scientific Advisor: Akari Therapeutics has appointed Dr. Prafulla Gokhale to its Scientific Advisory Board, leveraging his extensive experience in experimental therapeutics and translational oncology to enhance the development of AKTX-101, which is expected to improve the likelihood of successful product advancement.
- Clinical Trial Advancement: Dr. Gokhale's expertise comes at a pivotal time as AKTX-101 progresses toward clinical trials, and his insights will help ensure the drug enters the clinic with a focused, data-driven high-impact program to optimize therapeutic outcomes.
- Unique Drug Mechanism: The novel PH1 payload of AKTX-101 targets RNA splicing, offering a different mechanism compared to traditional antibody-drug conjugates, potentially disrupting tumor survival pathways while enhancing immune system engagement.
- Future Outlook: Akari aims to initiate its First-In-Human trial for AKTX-101 by late 2026 to early 2027, and Dr. Gokhale's involvement is expected to accelerate this process, bolstering the company's competitiveness in oncology drug development.
- Presentation Schedule: Akari Therapeutics' CEO Abizer Gaslightwala will present at the Biocom Global Partnering & Investor Conference on February 25, 2026, at 11:00 AM PST in San Diego, CA, showcasing the company's advancements in antibody-drug conjugates (ADCs), which is expected to attract investor interest and enhance the company's visibility.
- Innovative Drug Development: The company's lead candidate, AKTX-101, targets the Trop2 receptor on cancer cells and utilizes a unique PH1 payload designed to modulate RNA splicing, inducing cancer cell death, with significant anti-tumor activity demonstrated in preclinical animal models, potentially offering new hope in cancer treatment.
- Clinical Trial Plans: Akari has initiated IND enabling studies for AKTX-101, aiming to start its First-In-Human trial by late 2026 or early 2027, marking a significant milestone in the company's oncology drug development and potentially laying the groundwork for future market introduction.
- Multiple Target Potential: AKTX-101 has shown prolonged survival potential when used in combination with checkpoint inhibitors and demonstrates strong activity against cancer cells with key oncogenic drivers, providing a broad application prospect across various cancer types.

- Strategic Partnership: Akari Therapeutics has established a strategic manufacturing partnership with WuXi Biologics to support its clinical trial preparations for 2026, marking a significant advancement in the company's oncology drug development.
- Innovative Drug Platform: The company is leveraging its unique PH1 payload platform to develop next-generation antibody-drug conjugates (ADCs), which have demonstrated compelling preclinical efficacy and safety, potentially transforming cancer treatment paradigms.
- Clinical Trial Plans: Akari plans to initiate its First-in-Human trial by the end of 2026, aiming to validate the efficacy of its lead candidate AKTX-101, which is expected to create new growth opportunities for the company.
- Market Potential: AKTX-101 targets the Trop2 receptor on cancer cells with a proprietary linker, anticipated to significantly enhance therapeutic efficacy and potentially synergize with checkpoint inhibitors, thereby strengthening the company's competitive position in the market.

- Strategic Presentation: Akari Therapeutics' CEO Abizer Gaslightwala will present the company's antibody-drug conjugate (ADC) platform and 2026 strategic priorities at the Biotech Showcase on January 13, 2026, aiming to attract investor interest in its innovative drug development.
- Innovative Drug Development: Akari's lead candidate, AKTX-101, targets the Trop2 receptor on cancer cells with its unique PH1 payload, showing significant effects in inducing cancer cell death and activating the immune system in preclinical studies, potentially offering new hope in cancer treatment.
- Clinical Trial Plans: The company has initiated IND enabling studies for AKTX-101, with plans to start its First-In-Human trial by late 2026 or early 2027, marking a significant step in its development and market potential in oncology.
- Multipronged Target Strategy: In addition to AKTX-101, Akari is advancing AKTX-102, an ADC targeting a novel antigen highly relevant in gastrointestinal and lung cancers, showcasing the company's broad pipeline and research capabilities across multiple cancer treatment areas.
- FDA Approval: Vanda Pharmaceuticals' NEREUS (tradipitant) has received FDA approval for the prevention of motion-induced vomiting in adults, marking a significant advancement in the company's neuropharmaceutical portfolio and is expected to drive future sales growth.
- Stock Surge: Following the FDA approval announcement, Vanda's shares jumped 17.5% to $8.26 in pre-market trading, reflecting strong market confidence in the new drug's potential and likely attracting increased investor interest.
- Market Outlook: The approval of NEREUS not only opens new market opportunities for Vanda Pharmaceuticals but also enhances its market share in the competitive antiemetic drug sector, strengthening the company's long-term profitability prospects.
- Investor Confidence: This FDA approval boosts investor expectations for Vanda's future performance, potentially prompting more institutional investors to reassess their portfolios, further driving the stock price upward.








