Qualigen Therapeutics Announces Two Posters of Its RAS-Targeted Inhibitor Program at the ...

FourthRAS InitiativeSymposium HighlightsPreclinical Data in Solid Tumor Models

CARLSBAD, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Qualigen Therapeutics, Inc. (Nasdaq: QLGN), a diversified life sciences company focused on developing treatments for adult and pediatric cancers with potential for Orphan Drug Designation, while also commercializing diagnostics, today announces the presentation of two posters detailing the Company’s RAS-Targeted platform at the National Cancer Institute-sponsored Fourth RAS Initiative Symposium to be held October 17-19, 2022 at The Advanced Technology Research Facility of the National Cancer Institute in Frederick, Maryland.

“RAS is a key cancer oncogene present in about one quarter of all cancers. RAS development is an active field with substantial interest from the scientific community and biopharmaceutical industry. Only one FDA-approved targeted RAS inhibitor exists today and it is specific to the KRAS G12C mutation. Thus, an unmet need to discover and develop more broadly acting RAS-targeted compounds exists,” commented Michael Poirier, Qualigen’s Chairman and CEO. “Our RAS targeted platform aims to identify a small molecule that inhibits RAS-RAS protein interaction and acts more broadly across RAS forms to treat advanced solid tumors by blocking the ability of RAS to bind and signal through its effectors. These posters, which represent early findings in our partnership with Dr. Geoff Clark at the University of Louisville, demonstrate the potential of our approach to addressing RAS.”

Poster highlights included:Abstract #: 39Title: “A novel pan-RAS inhibitor for Malignant Peripheral Nerve Sheath Tumors”Author/s: Geoff Clark, Ph.D., et. al.Presentation Date: October 17, 2022