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$MBRXJul 6, 2026, 8:33 AM ETAI processed

MBRX: CEO flags positive preliminary Phase 2/3 MIRACLE Annamycin efficacy in first 45 patients

AI Summary

Moleculin CEO Walter Klemp presented positive preliminary unblinded efficacy trends from the first 45 patients in Part A of the pivotal Phase 2/3 MIRACLE trial of Annamycin + cytarabine (AnnAraC) in relapsed/refractory AML and discussed commercial potential and market research. These are early, unblinded results from a small sample (n=45) that have not reached statistical significance and remain subject to further review; the company says prior Phase 1B/2 work and FDA input have helped de-risk the program but will require significant additional financing to complete development.

Positives

  • Early unblinded efficacy trends reported positive across both Annamycin treatment arms in first 45 patients
  • MIRACLE is a pivotal, adaptive Phase 2/3 randomized, double-blind, placebo-controlled trial (potential registration path)
  • Company cites prior Phase 1B/2 success and FDA input as evidence of a de-risked development pathway

Negatives

  • Interim dataset is small (n=45) and results have not achieved statistical significance
  • Results were unblinded and explicitly subject to review and may not predict final trial outcome
  • Company will require significant additional financing and has no commitments in place