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home / news releases / LIXT - Lixte Biotechnology Begins Mini-IPO Plan


LIXT - Lixte Biotechnology Begins Mini-IPO Plan

Quick Take

Lixte Biotechnology Holdings (LIXT) has filed to raise $10 million in an IPO of its common stock, according to an S-1 registration statement.

The firm is developing a pipeline of treatments for various types of cancers and vascular and metabolic diseases.

LIXT is outsourcing its clinical trials for its primary compound and likely intends to partner/license the drug upon successful completion of Phase 2 trials, an unusual approach.

I'll provide a final opinion when we learn more about the IPO from management.

Company & Technology

East Setauket, New York-based Lixte

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Stock Information

Company Name: Lixte Biotechnology Holdings Inc.
Stock Symbol: LIXT
Market: OTC
Website: lixte.com

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