Summary
• Tiziana Life Sciences Ltd’s stock rises 6% in pre-market trading to $1.65 after submitting their annual Development Safety Update Report (DSUR) for intranasal foralumab.
• The DSUR indicates no drug-related serious adverse events over 37.4 patient-years, highlighting the drug’s safety in treating neuroinflammatory diseases.
• Executive Chairman Gabriele Cerrone increased his stake, owning over 36% of the company, as Tiziana also commenced a Phase 2 clinical trial for Alzheimer’s disease.
Tiziana Life Sciences Ltd (TLSA) is experiencing a notable pre-market rally, currently priced at $1.65, marking a 6% increase from its last close of $1.55. This uptick comes amid attention surrounding an important company update, as there are no other fresh catalysts driving the change.
Annual Safety Report Drives Interest
The recent surge in Tiziana’s stock price follows the submission of their seventh annual Development Safety Update Report (DSUR) for intranasal foralumab to the FDA. The DSUR, which covers the period from September 21, 2024, to September 2, 2025, reported no drug-related serious adverse events after 37.4 patient-years of cumulative exposure. The report underscores the safety profile of intranasal foralumab in treating neuroinflammatory diseases, including conditions like Alzheimer’s disease and multiple system atrophy.
Tiziana’s ongoing commitment to advancing intranasal foralumab for neuroinflammatory conditions reflects a positive outlook among investors. The company’s focus on safety and tolerability has likely reassured stakeholders, contributing to the pre-market uptick.
Recent Developments
In addition to the safety report, Tiziana has had several noteworthy announcements recently. On December 19, the company’s Executive Chairman, Gabriele Cerrone, acquired 97,687 common shares, increasing his total to over 43 million shares owned, which represents 36.08% of the issued share capital. This insider buying could further bolster investor confidence.
Moreover, on December 17, Tiziana announced that they had dosed the first patient in their Phase 2 clinical trial for Alzheimer’s disease, marking a significant milestone in their development pipeline. This trial involves evaluating intranasal foralumab in conjunction with FDA-approved anti-amyloid therapies, which may enhance the drug’s therapeutic potential.
Market Data Snapshot
Tiziana’s shares have been volatile, currently showing a Year-to-Date gain of 122.6%. The 10-day average trading volume stands at approximately 179,612, while the three-month average is 314,583. The current price is lower than the 20-day, 50-day, and 200-day simple moving averages, which suggest that further bullish momentum could hinge on upcoming performance metrics and market sentiment. The stock is also trading within a 52-week range marked by a low of $1.65 and a high reflecting a large percentage drop from the 52-week high.
Analyst Sentiment and Outlook
Currently, Tiziana carries a “Buy” rating from analysts, reflecting positive sentiment regarding the company’s growth prospects and their innovative approaches in biotechnology. Given the recent safety report and internal share acquisition by the chairman, analysts are likely to remain optimistic.
With strong updates reflecting ongoing development and safety profiles of its lead drug candidate, Tiziana Life Sciences is under scrutiny as it navigates this upward price movement. The market will be watching how these developments influence shareholder sentiment and price dynamics as the session progresses.


