Akari Therapeutics appoints Dr. Prafulla Gokhale to its Scientific Advisory Board to enhance AKTX-101 development for cancer treatment.
Quiver AI Summary
Akari Therapeutics has appointed Dr. Prafulla Gokhale, a leader in experimental therapeutics and translational oncology at Dana-Farber Cancer Institute, to its Scientific Advisory Board. Dr. Gokhale's expertise in RNA biology and clinical strategy will help the company advance its lead antibody drug conjugate, AKTX-101, which targets the Trop2 receptor on cancer cells with a novel spliceosome-modulating payload, PH1. This mechanism aims to disrupt RNA splicing in cancer cells, enhancing both direct tumor kill and immune system activation. Akari is conducting IND enabling studies and plans to start AKTX-101's First-In-Human trials by late 2026 or early 2027. The company is also developing another ADC candidate, AKTX-102, targeting CEACAM5 for solid tumors.
Potential Positives
- Akari Therapeutics appointed Prafulla Gokhale, Ph.D., a recognized expert in oncology, to its Scientific Advisory Board, enhancing its strategic capabilities as it advances AKTX-101 toward clinical trials.
- Dr. Gokhale's expertise and proven track record in developing clinical strategies will support Akari's focused, data-driven approach for its novel PH1 spliceosome-modulating payload.
- AKTX-101 has shown significant preclinical activity, including prolonged survival and the potential for synergistic effects with checkpoint inhibitors, indicating strong therapeutic promise.
- The company is on track to initiate its First-In-Human trial for AKTX-101 by late 2026/early 2027, signaling progress in its pipeline and commitment to bringing innovative cancer therapies to market.
Potential Negatives
- The press release heavily emphasizes forward-looking statements, highlighting significant uncertainties and risks related to the company's ability to advance its product candidates and achieve commercialization.
- The mention of the need for additional capital raises concerns about the company's financial stability and ability to fund ongoing development efforts, which could hinder progress.
- The potential for delays or failures in research and development can indicate vulnerabilities in the company's product pipeline, impacting investor confidence.
FAQ
Who has been appointed to Akari Therapeutics' Scientific Advisory Board?
Prafulla Gokhale, Ph.D., has been appointed to the Scientific Advisory Board of Akari Therapeutics.
What is the focus of Akari Therapeutics?
Akari Therapeutics focuses on developing antibody drug conjugates (ADCs) with novel immuno-oncology payloads.
What is the novel payload used in AKTX-101?
The novel payload in AKTX-101 is PH1, which targets RNA splicing in cancer cells.
When does Akari plan to start its first-in-human trial for AKTX-101?
Akari aims to start its first-in-human trial for AKTX-101 by late 2026 or early 2027.
How does AKTX-101 differ from traditional ADCs?
Unlike traditional ADCs, AKTX-101 uses a spliceosome-modulating payload instead of tubulin inhibitors or DNA-damaging agents.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AKTX Hedge Fund Activity
We have seen 10 institutional investors add shares of $AKTX stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC added 2,723,966 shares (+inf%) to their portfolio in Q4 2025, for an estimated $787,226
- WARBERG ASSET MANAGEMENT LLC added 308,340 shares (+inf%) to their portfolio in Q4 2025, for an estimated $89,110
- SABBY MANAGEMENT, LLC removed 179,785 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $181,582
- JANE STREET GROUP, LLC added 71,644 shares (+inf%) to their portfolio in Q4 2025, for an estimated $20,705
- CWA ASSET MANAGEMENT GROUP, LLC added 55,000 shares (+inf%) to their portfolio in Q4 2025, for an estimated $15,894
- XTX TOPCO LTD added 49,019 shares (+inf%) to their portfolio in Q4 2025, for an estimated $14,166
- UBS GROUP AG added 32,795 shares (+54658.3%) to their portfolio in Q4 2025, for an estimated $9,477
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AKTX Analyst Ratings
Wall Street analysts have issued reports on $AKTX in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 09/09/2025
To track analyst ratings and price targets for $AKTX, check out Quiver Quantitative's $AKTX forecast page.
$AKTX Price Targets
Multiple analysts have issued price targets for $AKTX recently. We have seen 2 analysts offer price targets for $AKTX in the last 6 months, with a median target of $1.3.
Here are some recent targets:
- Aydin Huseynov from Ladenburg Thalmann set a target price of $1.0 on 01/05/2026
- Sean Lee from HC Wainwright & Co. set a target price of $1.6 on 09/09/2025
Full Release
TAMPA, Fla. and LONDON, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Akari Therapeutics, Plc (Nasdaq: AKTX), an oncology biotechnology company developing antibody drug conjugates (ADCs) with novel immuno-oncology payloads, today announced the appointment of Prafulla Gokhale, Ph.D., Director of the Experimental Therapeutics Core and the Lurie Family Imaging Center at Dana-Farber Cancer Institute, to its Scientific Advisory Board.
“Dr. Gokhale’s expertise in experimental therapeutics, RNA biology and translational oncology comes at a pivotal time as we advance AKTX-101 toward the clinic,” commented Abizer Gaslightwala, President and CEO of Akari Therapeutics. “His proven track record to develop novel translational experiments/data that lead to well-designed and high-impact clinical strategies will strengthen our development approach as we advance AKTX-101 to clinical trials. As we move closer to first-in-human studies, his insight will help ensure that AKTX-101 and our novel PH1 spliceosome-modulating payload enter the clinic with a focused, data-driven high-impact program to optimize results.”
Dr. Gokhale has over 20 years of experience in preclinical oncology drug discovery and development. He began his career as a faculty member in the Radiation Medicine Department at Georgetown University before moving to the pharmaceutical industry, where he led in vivo pharmacology teams with increasing responsibility at OSI Pharmaceuticals, Pfizer, and Verastem. He currently heads the Experimental Therapeutics Core at Dana-Farber, overseeing translational research programs that integrate genomics, molecular biology, patient-derived models, imaging and preclinical studies to advance novel therapeutic strategies.
Dr. Gokhale commented, “I am excited to join Akari’s Scientific Advisory Board and work alongside a team advancing a truly differentiated approach to ADC development. Unlike conventional payload strategies that rely on tubulin inhibitors or DNA-damaging agents, PH1 targets RNA splicing, a fundamental regulator of cancer cell biology. This novel mechanism offers the potential to disrupt tumor survival pathways while also drive unique innate and adaptive immune system engagement. I look forward to collaborating closely with the team to further refine the translational strategy and support the advancement of AKTX-101 into the clinic.”
Dr. Gokhale’s work has been widely published and funded, reflecting his leadership in transforming fundamental discoveries into clinical innovations for cancer and related diseases.
About Akari Therapeutics
Akari Therapeutics is an oncology biotechnology company developing next-generation antibody drug conjugates (ADCs) with a unique payload, PH1, which targets RNA splicing. Utilizing its innovative ADC discovery platform, the Company has the ability to generate ADC candidates and optimize them based on the desired application to any antigen target of interest. Akari’s lead candidate, AKTX-101, targets the Trop2 receptor on cancer cells and with a proprietary linker, enabling it to deliver its novel PH1 payload directly into the tumor with minimal off-target effects. Unlike current ADCs that use tubulin inhibitors and DNA damaging agents as their payloads, PH1 is a novel payload that is a spliceosome modulator designed to disrupt RNA splicing within cancer cells. This splicing modulation has been shown in preclinical animal models to induce cancer cell death while activating both the innate and adaptive immune system to drive robust and durable activity. In preclinical studies, AKTX-101 has shown to have significant activity and prolonged survival relative to ADCs with traditional payloads. Additionally, AKTX-101 has the potential to be synergistic with checkpoint inhibitors and has demonstrated prolonged survival as both a single agent and in combination with checkpoint inhibitors. The PH1 payload has also been demonstrated to be very active against cancer cells with key oncogenic drivers such as KRAS, BRAF, ARV7, FGFR3 fusions, and others. The Company has initiated IND enabling studies for AKTX-101 with a goal of starting its First-In-Human trial by late 2026/early 2027. Akari is also developing AKTX-102, an ADC candidate targeting CEACAM5 (Carcinoembryonic Antigen-related Cell Adhesion Molecule-5), a well-validated tumor antigen broadly expressed across multiple solid tumors. AKTX-102 is designed to leverage Akari’s proprietary PH1 spliceosome-modulating payload and novel antibody construct to enable differentiated tumor cell killing and immune activation.
For more information about the Company, please visit www.akaritx.com and connect on X and LinkedIn .
Cautionary Note Regarding Forward-Looking Statements
This press release includes express or implied forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about the Company that involve risks and uncertainties relating to future events and the future performance of the Company. Actual events or results may differ materially from these forward-looking statements. Words such as “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “future,” “opportunity” “will likely result,” “target,” variations of such words, and similar expressions or negatives of these words are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. Examples of such forward-looking statements include, but are not limited to, express or implied statements regarding the ability of the Company to advance its product candidates for the treatment of cancer and any other diseases, and ultimately bring therapies to patients. These statements are based on the Company’s current plans, estimates and projections. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific. A number of important factors, including those described in this communication, could cause actual results to differ materially from those contemplated in any forward-looking statements. Factors that may affect future results and may cause these forward-looking statements to be inaccurate include, without limitation: the Company’s need for additional capital; the potential impact of unforeseen liabilities, future capital expenditures, revenues, costs, expenses, earnings, synergies, economic performance, indebtedness, financial condition and losses on the future prospects, business and management strategies for the management, expansion and growth of the business; risks related to global as well as local political and economic conditions, including interest rate and currency exchange rate fluctuations; potential delays or failures related to research and/or development of the Company’s programs or product candidates; risks related to any loss of the Company’s patents or other intellectual property rights; any interruptions of the supply chain for raw materials or manufacturing for the Company’s product candidates, including as a result of potential tariffs; the nature, timing, cost and possible success and therapeutic applications of product candidates being developed by the Company and/or its collaborators or licensees; the extent to which the results from the research and development programs conducted by the Company, and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; uncertainty of the utilization, market acceptance, and commercial success of the Company’s product candidates; risks related to competition for the Company’s product candidates; and the Company’s ability to successfully develop or commercialize its product candidates. While the foregoing list of factors presented here is considered representative, no list should be considered to be a complete statement of all potential risks and uncertainties. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release except as required by law.
Investor Relations Contact
JTC Team, LLC
Jenene Thomas
908-824-0775
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/244fe78c-84c8-430c-b605-1cfd5de83a63