Source: GlobeNewsWire • Published: • Sentiment: neutral • Ticker: GTBP
Phase 1 trial evaluating GTB-3650 TriKE ® remains ongoing, with additional updates anticipated in 2H 2026 Phase 1 basket trial evaluating GTB-5550 TriKE ® in multiple solid tumor types known to express B7-H3 initiated May 2026 with updates anticipated in 2H 2026 as enrollment progresses through dose escalation cohorts Cash balance as of March 31, 2026 of approximately $9 million anticipated to provide sufficient cash runway through Q4 2026 SAN FRANCISCO, CALIFORNIA, May 15, 2026 (GLOBE NEWSWIRE) — GT Biopharma, Inc. (the “Company”) (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager TriKE® platform, today announced first quarter 2026 financial results for the period ended March 31, 2026. “With the initiation of our GTB-5550 Phase 1 trial, we have now advanced three TriKE® candidates into the clinic, a significant milestone that underscores the continued momentum of our pipeline,” said Michael Breen, Executive Chairman and Chief Executive Officer.
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Brief Summary
GT Biopharma, Inc. (NASDAQ: GTBP) has reported its financial results for the first quarter of 2026, highlighting key developments in its ongoing clinical trials.
- $9 million cash balance as of March 31, 2026, expected to sustain operations through Q4 2026.
- Ongoing Phase 1 trial evaluating GTB-3650 TriKE® with updates to be provided in 2H 2026.
- Initiated Phase 1 basket trial for GTB-5550 TriKE® in May 2026 focused on multiple solid tumor types.
- Three TriKE® candidates are now in clinical trials, showcasing strong pipeline momentum.
Why it matters: This is a significant step for GT Biopharma as they advance their innovative immuno-oncology therapies.
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