tradingkey.logo

Moleculin Biotech rises as cancer drug shows no heart damage in trials

ReutersJan 13, 2026 2:09 PM

Shares of drug developer Moleculin Biotech MBRX.O rise 2.2% to $4.14 premarket

Co says its experimental cancer drug, annamycin, showed no signs of causing heart damage in patients in five clinical trials

Independent expert reviewed data from 90 patients with leukemia and sarcoma; found no heart issues - MBRX

Annamycin, also called naxtarubicin, tested for leukemia and sarcoma spread

Leukemia is a blood cancer; sarcoma is a cancer that starts in soft tissues and can spread to lungs

Drug being studied alone and with chemotherapy; late-stage leukemia trial ongoing - MBRX

Co says it is working to secure funding and will monitor patients long-term for heart issues

As of last close, stock down ~92% over the past year

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI