Greenwich LifeSciences Initiates Equity Research Coverage on GLSI Stock with Noble Capital Markets

Thursday, Aug 21, 2025 3:33 am ET1min read

Greenwich LifeSciences (GLSI) receives equity research coverage from Noble Capital Markets, as it conducts a Phase III trial for its immunotherapy GLSI-100 to prevent breast cancer recurrence. The FLAMINGO-01 trial involves up to 150 global sites, focusing on HER2 positive breast cancer patients. The trial aims to assess the safety and efficacy of GLSI-100, a treatment targeting HER2 positive breast cancer patients with residual disease or high-risk pathologic complete response post-surgery. The study hopes to expand to 150 global sites, with a sample size of approximately 500 HLA-A*02 patients.

Greenwich LifeSciences, Inc. (GLSI) has announced that Noble Capital Markets has initiated company-sponsored equity research coverage on the biopharmaceutical company. This development comes as GLSI is conducting its Phase III clinical trial, FLAMINGO-01, which aims to evaluate the safety and efficacy of GLSI-100, an immunotherapy designed to prevent breast cancer recurrences in HER2 positive patients who have had previous treatments.

The FLAMINGO-01 trial, led by Baylor College of Medicine, is a randomized, double-blinded study involving approximately 500 HLA-A*02 patients who will be randomized to receive GLSI-100 or placebo. The trial is designed to include up to 150 clinical sites globally, with the initial focus on university-based hospitals in the US and Europe. The study aims to detect a hazard ratio of 0.3 in invasive breast cancer-free survival, with an interim analysis for superiority and futility planned once 14 events have occurred.

The Phase III trial is a significant milestone for GLSI, as it seeks to address a critical medical need in breast cancer recurrence prevention. The company's focus on developing GP2, a 9 amino acid transmembrane peptide of the HER2 protein, positions it to target a substantial market segment.

While the equity research coverage from Noble Capital Markets may increase investor interest and market visibility, potential risks and uncertainties include the company's reliance on the success of the FLAMINGO-01 trial and the inherent risks associated with clinical trials. Additionally, the trial's interactive map of clinical sites is not viewable on mobile screens, which could limit accessibility and engagement for potential participants or stakeholders.

Greenwich LifeSciences, Inc. remains committed to advancing the development of its immunotherapy and addressing breast cancer treatment options. Further details about the trial and the company can be found on their official website.

References:

[1] Quiver AI Summary. (2025). Retrieved from https://www.quiverquant.com/news/Greenwich+LifeSciences%2C+Inc.+Gains+Coverage+from+Noble+Capital+Markets+Amid+Phase+III+Trial+of+GLSI-100+for+Breast+Cancer

Greenwich LifeSciences Initiates Equity Research Coverage on GLSI Stock with Noble Capital Markets

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