Alpha Tau Medical Submits Pre-Market Approval Application for Alpha DaRT to FDA
Alpha Tau Medical announced the submission of the first module of its pre-market approval application to the U.S. Food and Drug Administration, following the FDA's previous decision to allow the company to use the more flexible modular approach. The company submitted the module as part of an application for the use of Alpha DaRT in treating recurrent cutaneous squamous cell carcinoma for patients not indicated for surgery or standard radiation therapy, and for whom no curative systemic treatment is available. This module is focused on comprehensive documentation with respect to non-clinical studies as required under the PMA application, Alpha Tau said. Alpha Tau is currently conducting its multi-center pivotal ReSTART study exploring the use of Alpha DaRT in recurrent cSCC, one of five clinical trials currently approved in the U.S., and anticipates completing patient recruitment in Q1 2026. Alpha Tau has received Breakthrough Device Designation from the FDA in this indication as well as for recurrent glioblastoma multiforme and recurrent squamous cell carcinoma of the oral cavity with similar criteria, and is also part of the FDA Total Product Life Cycle Advisory Program to accelerate market access for the potential treatment of recurrent GBM.
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- Webinar Participation: AIM ImmunoTech will participate in the Corporate Connect Webinar hosted by Webull Financial on February 11, 2026, at 1:40 PM EST, where CEO Thomas K. Equels will provide a corporate overview and business outlook, emphasizing the company's strategic focus on pancreatic cancer.
- Strategic Focus: The presentation will highlight AIM's strategic emphasis on pancreatic cancer treatment, showcasing the latest advancements in its immunotherapy research, aimed at boosting investor confidence in the company's future potential.
- Product Introduction: AIM's lead product, Ampligen®, is a first-in-class investigational drug acting as a TLR3 agonist, currently undergoing clinical trials for various cancers and viral diseases, demonstrating broad therapeutic potential.
- Investor Relations: Through this webinar, AIM ImmunoTech aims to engage with investors, showcasing its innovative capabilities in cancer treatment and seeking to attract more investor attention towards its R&D progress and market outlook.
- Market Performance: U.S. stocks traded lower this morning, with the Nasdaq Composite falling over 200 points and the S&P 500 down 0.74% to 6,831.80, indicating weakened market sentiment and heightened investor concerns about future economic prospects.
- Sector Dynamics: Consumer staples stocks gained 0.3%, while consumer discretionary stocks fell by 2.2%, reflecting a divergence in market confidence across different consumer sectors, which could impact short-term performance of related companies.
- Economic Data: U.S. job openings declined by 386,000 to 6.542 million in December, significantly below market estimates of 7.2 million, indicating a tightening labor market that may affect future economic growth expectations.
- Initial Jobless Claims: Initial jobless claims rose by 22,000 to 231,000, exceeding market expectations of 212,000, suggesting potential pressures on the labor market that could further impact consumer confidence and spending.
- Weak Momentum Ratings: According to the SA grading system, AIM ImmunoTech (AIM), AirSculpt Technologies (AIRS), and Applied Therapeutics (APLT) all received an 'F' momentum grade, indicating extremely poor price performance that may lead to declining investor confidence.
- High Valuation Ratings: AirSculpt Technologies (AIRS) holds a Quant Rating of 1.03, designated as a Strong Sell, reflecting its overvaluation relative to fundamentals, which could adversely affect its future market performance.
- Overall Poor Market Performance: The majority of the listed healthcare stocks fall within Hold or Strong Sell ratings, indicating that the sector is facing challenges in price performance, prompting investors to carefully assess risks.
- Momentum and Valuation Relationship: Momentum grades range from A+ to F, with F representing the lowest momentum, highlighting the vulnerability of these healthcare stocks in the current market environment, which may influence investor decision-making.
- Rights Offering Overview: AIM ImmunoTech announced a proposed rights offering expected to generate $12 million in gross proceeds, which will be allocated for clinical trial expenses and debt repayment, indicating the company's commitment to future R&D.
- Subscription Rights Details: Each shareholder will receive a non-transferable subscription right to purchase units at $1,000 each, consisting of one share of convertible preferred stock and warrants for 1,492 shares of common stock, enhancing shareholder engagement.
- Timeline: Key dates for the rights offering include the record date on February 4, 2026, and the distribution date on February 5, with the subscription period running until February 23, ensuring timely participation for shareholders.
- Management Participation: Company leadership, including CEO Thomas K. Equels, has indicated a non-binding intention to participate in the rights offering, reflecting confidence in the company's future prospects.
- Stock Dividend Announcement: AIM ImmunoTech has declared a stock dividend of one share for every 1,000 shares outstanding, scheduled for distribution on January 13, 2026, aimed at enhancing shareholder returns and boosting market confidence.
- Record Date Set: The dividend will be recorded for shareholders as of the close of business on January 9, 2026, ensuring that all eligible shareholders and holders of Alternate Securities receive the dividend, thereby strengthening the company's relationship with investors.
- Cash Compensation Mechanism: Fractional shares resulting from the dividend will be compensated in cash at a rate of $1.305 per share, ensuring shareholders do not lose out due to fractional shares, which enhances investor trust.
- Transfer Agent Management: The stock dividend will be administered by the company's transfer agent EQ, simplifying the process for shareholders, who will not need to take any action to receive their dividends, thus improving the shareholder experience.
- Stock Dividend Announcement: AIM ImmunoTech has declared a stock dividend of one share for every 1,000 shares outstanding, expected to be distributed on January 13, 2026, aimed at enhancing shareholder returns and boosting investor confidence.
- Record Date Set: The record date for shareholders and holders of Alternate Securities is January 9, 2026, ensuring all eligible investors receive the dividend, thereby strengthening the relationship between the company and its shareholders.
- Cash Compensation Mechanism: For any fractional shares resulting from the dividend, the company will compensate in cash at a rate of $1.305 per share, safeguarding shareholder interests and enhancing investor satisfaction.
- Transfer Agent Management: The stock dividend will be administered by the company's transfer agent EQ, streamlining the process for shareholders to receive their dividends and improving the company's efficiency and transparency in shareholder services.








