Ladrx CORP

Market Movers (8-K)

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LADRX Corporation has initiated a General Assignment for the Benefit of Creditors, leading to a liquidation event and the cessation of substantially all business operations.
Worse than expected
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LadRx Corporation announced it will not pursue marketing approval for its drug aldoxorubicin under section 505(b)(2) due to insufficient resources, despite believing approval is possible.
Delay expected
Worse than expected
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Joel Caldwell resigned from LadRx Corporation's board of directors and all related committees, effective April 15, 2025.
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LadRx Corporation held its 2024 Annual Meeting of Stockholders on October 4, 2024, where a director was elected and other proposals were approved.
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LadRx Corporation has regained control of its aldoxorubicin drug after mutually terminating its license agreement with NantCell, and has amended its royalty agreement with XOMA.

Quarterly Earnings (10-Q)

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LadRx Corporation reports a net loss for Q1 2025 while advancing its strategy for aldoxorubicin approval and LADR technology development.
Worse than expected
Capital raise
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LadRx Corporation reported a net loss of $1.9 million for the nine months ended September 30, 2024, and faces substantial doubt about its ability to continue as a going concern despite an expected milestone payment.
Worse than expected
Capital raise
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LadRx Corporation reported a net loss for the second quarter of 2024, while advancing its LADR7 drug candidate towards clinical trials.
Worse than expected
Capital raise
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LadRx Corporation reported a net income of $0.2 million for the first quarter of 2024, driven by a milestone payment, while also progressing its LADR technology platform.
Better than expected
Capital raise

Annual Reports (10-K)

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LadRx Corporation announces its 2024 annual results, highlighting a net loss but outlining plans to pursue FDA approval for aldoxorubicin and advance its LADR-7 drug candidate.
Capital raise
Worse than expected
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LadRx Corporation's 2023 annual report highlights a shift towards advancing its LADR7 drug candidate after a strategic royalty agreement, despite ongoing operational losses.
Capital raise
Worse than expected

Proxy Statements (Def-14A)

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LadRx Corporation has filed a definitive proxy statement with the SEC, signaling upcoming shareholder actions.
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LadRx Corporation will hold its 2024 Annual Meeting of Stockholders on October 4, 2024, to vote on the election of a director, ratification of the independent accounting firm, and an advisory vote on executive compensation.