Visit our new Alternative Investment section.Click here

Less Ads, More Data, More Tools Register for FREE

IN BRIEF: IQ-AI applies for breakthrough therapy designation for GaM

Fri, 02nd May 2025 13:28

IQ-AI Ltd - London-based medical services company - Says subsidiary Imaging Biometrics LLC has applied for breakthrough therapy designation from the US Food & Drug Administration for its oral gallium maltolate therapy. Its phase 1 trial is evaluating the therapy as a potential treatment for adult patients with recurrent or refractory glioblastoma IDH-wildtype, with preliminary findings suggesting an overall survival of 34.1 months from initial diagnosis. This significantly exceeds the median survival of 14 to 15 months reported for patients undergoing standard treatment, though IQ-AI notes that caution is appropriate when considering the results due to the size of the trial population. The FDA is required to respond to IQ-AI's application within 60 days.

Current stock price: 0.86 pence, down 4.5% in London on Friday afternoon

12-month change: down 49%

By Emily Parsons, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2025 Alliance News Ltd. All Rights Reserved.


Shares in this article

Related News

IN BRIEF: IQ-AI amends distribution deal with Blackford Analysis
3 Feb 2025

IN BRIEF: IQ-AI amends distribution deal with Blackford Analysis

IQ-AI Ltd - London-based medical services company - Amends existing distribution agreement with artificial intelligence platform provider Blackford An...

IN BRIEF: IQ-AI to take GaM to phase II study, flags AI capabilities
22 Jan 2025

IN BRIEF: IQ-AI to take GaM to phase II study, flags AI capabilities

IQ-AI Ltd - London-based medical services company - Provides operations update focusing on artificial intelligence. Explains radiology leads the way i...

IN BRIEF: Braveheart buys 30% stake in IQ-AI from Braveheart CEO Brown
14 Oct 2024

IN BRIEF: Braveheart buys 30% stake in IQ-AI from Braveheart CEO Brown

IQ-AI Ltd - parent of Wisconsin-based Imaging Biometrics LLC, which provides quantitative imaging platforms and therapeutics for the diagnosis and tre...