Actuate Therapeutics

Actuate Therapeutics

ACTU
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ACTU · Stock Price

USD 3.34-7.01 (-67.73%)
Market Cap: $75.6M

Historical price data

Market Cap: $75.6MFounded: 2015HQ: Fort Worth, United States

Overview

Actuate Therapeutics is a micro-cap, clinical-stage biotech focused on developing elraglusib, a selective GSK-3β inhibitor, for difficult-to-treat cancers. Its strategy leverages a dual mechanism of action—direct tumor cytotoxicity and immune modulation—to enhance the efficacy of chemotherapy and immunotherapy. The company has advanced elraglusib into multiple Phase 2 trials in pancreatic cancer, salivary gland carcinoma, and hematologic malignancies, positioning it as a high-risk, high-reward investment tied to clinical data readouts.

Oncology

Technology Platform

Platform centered on elraglusib, a novel small molecule inhibitor of GSK-3β designed to directly inhibit tumor growth pathways and modulate the tumor immune microenvironment to overcome therapy resistance.

Funding History

3
Total raised:$40M
Series B$25M
Series A$12M
Seed$3M

Opportunities

Success in ongoing Phase 2 trials for pancreatic or salivary gland cancer could lead to pivotal studies, partnerships, and a significant valuation inflection.
The dual-mechanism platform offers potential for expansion into combination regimens with immunotherapies across multiple oncology indications.

Risk Factors

High risk of clinical failure in lead programs given early stage and novel mechanism.
Micro-cap status and pre-revenue model create severe financial and dilution risk.
Extreme stock volatility and liquidity concerns are inherent.

Competitive Landscape

Faces limited direct competition from other GSK-3β inhibitors in oncology but indirect competition from numerous companies developing targeted therapies and next-generation immunotherapies for the same hard-to-treat cancers. Differentiation hinges on proving elraglusib's unique dual mechanism of action.

Company Timeline

2015Founded

Founded in Fort Worth, United States

2018Series A

Series A: $12.0M

2021Series B

Series B: $25.0M