Progress in Pipeline Expansion
BioLineRx is making excellent progress in evaluating promising early-stage assets in oncology and rare diseases to support pipeline expansion, targeting the execution of a transaction this year.
Collaborative Study Success
The PDAC trial in collaboration with Columbia University showed a partial response rate of 64%, significantly higher than the historical rate of 23%. Additionally, 91% of patients exhibited disease control compared to the historical rate of 48%.
Positive ASCO Presentation
New data from a pancreatic cancer study was presented at ASCO, showing a significant increase in CD8-positive T cell density in tumors, suggesting potential to overcome tumor immunosuppressive mechanisms.
Extended Cash Runway
BioLineRx ended Q2 2025 with $28.2 million in cash and equivalents, extending their cash runway into the first half of 2027, compared to previous guidance through the second half of 2026.
Significant Reduction in Operating Expenses
The company reduced its operating cash burn by more than 70% after restructuring and shutting down U.S. operations, transforming into a leaner organization.