UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
October
2024
Commission
File Number: 001-38723
Tiziana
Life Sciences LTD
(Exact
Name of Registrant as Specified in Its Charter)
9th Floor
107
Cheapside
London
EC2V
6DN
(Address
of registrant’s principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
INFORMATION
CONTAINED IN THIS REPORT ON FORM 6-K
On
October 30, 2024, Tiziana Life Sciences LTD (the “Company”) issued this 6K announcing, positive results demonstrating
the anti-inflammatory potential of our anti-CD3 antibody (foralumab) in combination with semaglutide, a GLP-1 agonist marketed by Novo
Nordisk (NYSE: NVO) under the brand names Ozempic and Wegovy. The data show that the combination of nasal anti-CD3 plus semaglutide improves
liver homeostasis and reduces inflammation in models of diet-induced obesity (DIO), providing a potential novel approach to combat obesity-related
inflammation, and liver inflammation and dysfunction., a copy of which is furnished as Exhibit 99.1
The
Announcement is furnished herewith as Exhibit 99.1 to this Report on Form 6-K. The information in the attached Exhibits 99.1 is
being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company
under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, except as otherwise set forth herein or as shall
be expressly set forth by specific reference in such a filing.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
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TIZIANA LIFE SCIENCES LTD |
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Date: October 30, 2024 |
By: |
/s/
Keeren Shah |
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Name: |
Keeren Shah |
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Title: |
Chief Financial Officer |
EXHIBIT INDEX
Exhibit 99.1
Tiziana Life Sciences Announces Positive Results
from Ozempic and Nasal Anti-CD3 Combination Study
NEW YORK, October 30, 2024 – 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 positive results
demonstrating the anti-inflammatory potential of our anti-CD3 antibody (foralumab) in combination with semaglutide, a GLP-1 agonist marketed
by Novo Nordisk (NYSE: NVO) under the brand names Ozempic and Wegovy. The data show that the combination of nasal anti-CD3 plus semaglutide
improves liver homeostasis and reduces inflammation in models of diet-induced obesity (DIO), providing a potential novel approach to combat
obesity-related inflammation, and liver inflammation and dysfunction.
Key Highlights:
| ● | Nasal
anti-CD3 in combination with semaglutide demonstrates synergistic effects in promoting liver homeostasis in preclinical models of diet-induced
obesity. |
| ● | The
combination significantly reduces inflammation markers, a key factor in obesity-related metabolic disorders. |
Figure 1: Nasal anti-CD3 with Low and High Dose semaglutide promote
Liver Homeostasis in DIO
PBS= Placebo, HFD= High Fat Diet, LD= Low Dose, HD= High Dose, Sema=
Semaglutide, aCD3= Study Version of Foralumab
In Figure 1, the far-right column shows the explanted liver and histology
of that liver at two magnifications for a mouse fed a low-fat chow “normal” diet (“lean mouse”). The dark and
smaller liver on the right is a typical healthy liver from a lean mouse. All the mice under the gray bar in the figure were fed a high
fat chow (“HFD”) resulting in diet induced obesity. As the columns outlined by red boxes demonstrate, administration of the
combination of nasal anti-CD3 and semaglutide had livers that looked more like the liver from the lean mouse. The HFD mice given low dose
or high dose semaglutide alone had enlarged fatty livers that were more similar to the HFD control.
In humans, nasal foralumab modulates immune responses by inducing regulatory-type
T cells. semaglutide is an effective therapy for obesity and Type 2 diabetes, known for its role in enhancing insulin sensitivity and
reducing body weight.
This study, conducted by Dr Howard Weiner and Selma Boulenouar PhD,
and a research team at Brigham and Women’s Hospital, Boston, Massachusetts, demonstrates that nasal anti-CD3 in combination with
Semaglutide, helps restore liver homeostasis in diet induced obesity models where liver dysfunction and inflammation are prominent. The
combination therapy led to marked reductions in pro-inflammatory cytokines and significant improvements in liver markers associated with
metabolic regulation. This suggests a dual benefit in both managing obesity and preventing its associated inflammation-related complications.
“We are excited by the potential of this novel combination. Nasal
foralumab’s ability to modulate immune response in humans has always been promising. Now, combining anti-CD3 with semaglutide, resulted
in additional benefit on liver homeostasis and reduced inflammation in this mouse model. This could pave the way for an entirely new approach
in treating obesity-related metabolic disorders,” said Dr. Howard L. Weiner, Chairman of Tiziana’s Scientific Advisory Board
and co-director of the Ann Romney Center for Neurologic Diseases at Brigham and Women’s Hospital, a founding member of Mass General
Brigham healthcare system.
Selma Boulenouar PhD, a leading researcher at Brigham and Women’s Hospital,
who co-led the study, commented: “The results of this study are very encouraging. Chronic inflammation is a hallmark of obesity
and liver diseases. The combination of anti-CD3 with Semaglutide appears to mitigate this inflammatory response and restore normal liver
function. These findings underscore the potential for combination therapies in addressing complex metabolic and inflammatory conditions.”
Obesity is a growing global health concern, with associated metabolic
disorders including insulin resistance, NAFLD, and chronic inflammation contributing to increased morbidity and healthcare costs. The
combination of nasal Foralumab for modulating the immune system and semaglutide for weight management offers a novel therapeutic combination
that addresses both the metabolic and inflammatory aspects of obesity.
Ivor Elrifi, CEO of Tiziana Life Sciences, commented, “We are
excited by these findings, which demonstrate nasal Foralumab’s potential to significantly enhance the therapeutic effects of semaglutide.
This combination may present a breakthrough approach to treating not only obesity but also the downstream metabolic complications that
are often hard to manage with current therapies. We would like to thank Howard and Selma and the BWH team for their thorough study that
has taken many months to complete. We look forward to the full publication of these findings in a peer-reviewed journal.”
Tiziana plans to advance these promising preclinical findings into
further clinical development, with the goal of initiating in-human clinical trials in the future. This effort is aligned with the Company’s
commitment to pioneering innovative solutions for inflammatory and metabolic diseases, leveraging the immunomodulatory properties of Foralumab.
The study at Brigham and Women’s Hospital is part of Tiziana’s
broader development program for Foralumab, which includes other inflammatory and autoimmune indications. The Company remains dedicated
to advancing scientific innovations to address unmet medical needs across diverse therapeutic areas.
About Foralumab
Foralumab, a fully human anti-CD3 monoclonal
antibody, is a biological drug candidate that has been shown to stimulate T regulatory cells when dosed intranasally. At present, 10 patients
with Non-Active Secondary Progressive Multiple Sclerosis (na-SPMS) have been dosed in an open-label intermediate sized Expanded Access
(EA) Program with either an improvement or stability of disease seen within 6 months in all patients. The FDA has recently allowed an
additional 20 patients to be enrolled in this EA program. In addition, intranasal foralumab is currently being studied in a Phase 2a,
randomized, double-blind, placebo-controlled, multicenter, dose-ranging trial in patients with non-active secondary progressive multiple
sclerosis (NCT06292923).
Activated T cells play an important role in the inflammatory process.
Foralumab, the only fully human anti-CD3 monoclonal antibody (mAb) currently in clinical development, binds to the T cell receptor and
dampens inflammation by modulating T cell function, thereby suppressing effector features in multiple immune cell subsets. This effect
has been observed in patients with COVID and with multiple sclerosis, as well as in healthy normal subjects. The non-active SPMS intranasal
foralumab Phase 2 trial (NCT06292923) began screening patients in November of 2023. Immunomodulation by nasal anti-CD3 mAb represents
a novel avenue for treatment of neuroinflammatory and neurodegenerative human diseases.[1],[2]
| [1] | https://www.pnas.org/doi/10.1073/pnas.2220272120 |
| [2] | https://www.pnas.org/doi/10.1073/pnas.2309221120 |
About Tiziana Life Sciences
Tiziana Life Sciences is a clinical-stage biopharmaceutical company
developing breakthrough therapies using transformational drug delivery technologies to enable alternative routes of immunotherapy. Tiziana’s
innovative nasal approach has the potential to provide an improvement in efficacy as well as safety and tolerability compared to intravenous
(IV) delivery. Tiziana’s lead candidate, intranasal foralumab, which is the only fully human anti-CD3 mAb currently in clinical
development, has demonstrated a favorable safety profile and clinical response in patients in studies to date. Tiziana’s technology
for alternative routes of immunotherapy has been patented with several applications pending and is expected to allow for broad pipeline
applications.
For more information about Tiziana Life Sciences and its innovative
pipeline of therapies, please visit www.tizianalifesciences.com
Forward-Looking Statements
Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates, and projections
about its industry, its beliefs, and assumptions. Words such as ‘anticipates,’ ‘expects,’ ‘intends,’ ‘plans,’ ‘believes,’ ‘seeks,’ ‘estimates,’
and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance
and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company’s control, are difficult
to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.
The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements,
which reflect the view of the Company only as of the date of this announcement. Actual results may
differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties
related to market conditions and other factors described more fully in the section entitled ‘Risk Factors’ in Tiziana’s
Annual Report on Form 20-F for the year ended December 31, 2023, and other periodic reports filed with the Securities and Exchange Commission.The
forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company
will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory
authority.
For further inquiries:
Tiziana Life Sciences Ltd
Paul Spencer, Business Development and Investor Relations
+44 (0) 207 495 2379
email: info@tizianalifesciences.com
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