Update

AwesomeStocks Don’t want emails from us anymore? Click [here]( to unsubscribe. Hello! We wanted to update TLSA, our new high volatility alert, discussing more in-depth the company’s recent news from yesterday. As a reminder, on Tuesday, the company announced: “Tiziana Life Sciences Submits Grant Application to ALS Association to Fund Clinical Trial of Intranasal Foralumab” “NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Tiziana Life Sciences, Ltd. (Nasdaq: TLSA) (“Tiziana” or the “Company”), a biotechnology company developing breakthrough immunomodulation therapies with its lead development candidate, intranasal foralumab, a fully human, anti-CD3 monoclonal antibody, today announced it has been honored with an invitation to apply for a prestigious grant from the ALS Association head by James Berry, MD, MPH and Suma Babu, MBBS, MS, the Director and Co-Director of the Neurological Clinical Research Institute (NCRI) at Mass General Hospital, a founding member of Mass General Brigham. The grant is offered as part of the Hoffman ALS Clinical Trial Awards Program, which is specifically designated to support a groundbreaking clinical trial.” As the company further explains: “The Hoffman ALS Clinical Trial Awards Program helps develop new and improved ALS therapies by supporting early-stage clinical trials. These trials produce data on safety, dosing, and biomarkers that are essential for advancing an investigational therapy one step closer to being evaluated by the FDA. Positive results at this stage also “de-risk” the next stage of drug development, typically large clinical trials, and help attract the follow-on funding necessary to complete this work.” Here are some of the company’s comments from this press release: “Dr. Berry commented, “Tiziana’s study goal is to give people living with amyotrophic lateral sclerosis (ALS) the opportunity to participate in a 6-month, dose-titration trial of intranasal foralumab.” Dr. Babu expanded, “This study is aimed at advancing novel treatment approaches for ALS by evaluating its effect using cutting-edge image biomarkers like positron emission tomography (PET) and key clinical outcome assessments.”” Unfortunately, “ALS, also known as Lou Gehrig's disease, affects nerve cells in the brain and spinal cord, progressively weakening muscles. It is classified as an Orphan Disease due to its sporadic nature and lack of clear risk factors. With limited treatment options available, Tiziana Life Sciences is committed to developing novel therapies that address the underlying causes of ALS.” Importantly: “The invitation to submit a letter of intent and apply for this grant with Drs. Berry and Babu underscores the recognition of Tiziana Life Sciences' dedication to scientific innovation and commitment to improving patient outcomes. If successful, the grant will support a clinical trial involving 20 patients, focusing on the evaluation of intranasal foralumab, a promising therapeutic candidate developed by the company,” commented Gabriele Cerrone, Chairman, acting CEO and founder of Tiziana Life Sciences, expressing his gratitude for the opportunity, "We are deeply honored to be invited by the ALS Association to apply for this grant, which represents a significant milestone in our ongoing efforts to develop an effective treatment for ALS. This funding would allow us to advance our clinical program and accelerate the development of our potential therapy that could make a meaningful difference in the lives of ALS patients." Since our April alert, TLSA has rallied upwards of 77%, from 0.59 to a high of 1.05. Following our alert this morning, TLSA opened the day at 1.02, and so far, rallied to a high of 1.05. In the event that TLSA holds above its recent lows and breaks out above its recent highs, it could experience further upside. We are continuing to monitor this opportunity. Sources: [Healthline]( [PR1]( [PR2]( [PR3]( [PR4]( [PR5]( [PR6]( [PR7]( [Website]( [Chart]( Happy Trading! AwesomeStocks Note: We encourage all traders and investors to develop personal trading rules that you can follow and that work for you. Always protect your downside and note that we alert extremely volatile short-term opportunities. 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