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BioLineRx Secures USPTO Patent Allowance for Cancer Treatment with GLIX1

Story Highlights
  • BioLineRx received a USPTO patent allowance for GLIX1, covering broad cancer treatment.
  • The patent strengthens GLIX1’s protection until 2040, aiding BioLineRx’s cancer research expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BioLineRx Secures USPTO Patent Allowance for Cancer Treatment with GLIX1

TipRanks Cyber Monday Sale

Bioline RX Ltd Sponsored ADR ( (BLRX) ) has provided an update.

On November 17, 2025, BioLineRx Ltd. announced that the USPTO has issued a Notice of Allowance for a patent covering the use of GLIX1 for treating a broad range of cancer types where cytidine deaminase is not over-expressed. This patent, which extends protection until 2040, strengthens BioLineRx’s intellectual property and supports their expansion of GLIX1 development beyond glioblastoma into other cancers. The patent’s allowance is pivotal as it secures BioLineRx’s ability to explore GLIX1’s potential across the majority of cancers, with clinical trials for glioblastoma expected to start in early 2026.

The most recent analyst rating on (BLRX) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Bioline RX Ltd Sponsored ADR stock, see the BLRX Stock Forecast page.

Spark’s Take on BLRX Stock

According to Spark, TipRanks’ AI Analyst, BLRX is a Neutral.

Bioline RX Ltd’s overall stock score reflects significant revenue growth and promising pipeline developments. However, ongoing financial challenges, including negative net income and high leverage, weigh heavily on the score. The technical indicators suggest a bearish trend, and the valuation highlights the lack of immediate investor returns. The earnings call provides some optimism for future growth, but financial and operational challenges maintain a balanced outlook.

To see Spark’s full report on BLRX stock, click here.

More about Bioline RX Ltd Sponsored ADR

BioLineRx Ltd. is a clinical development stage biopharmaceutical company focused on developing therapies for oncology and rare diseases. Their first approved product, APHEXDA, is used for stem cell mobilization in multiple myeloma. The company is also working on GLIX1, a small molecule targeting DNA damage response in glioblastoma and other cancers.

Average Trading Volume: 35,761

Technical Sentiment Signal: Strong Sell

Current Market Cap: $15.37M

For detailed information about BLRX stock, go to TipRanks’ Stock Analysis page.

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