Alpha Tau Medical Ltd. (Nasdaq: $DRTS) Stock Hub: Alpha DaRT, Recurrent GBM, Pancreatic Cancer, ReSTART, Tolmar and the 2026 Catalyst Map

01 Alpha DaRT plus pembrolizumab produces a 100% systemic ORR in nine evaluable HNSCC patients

Alpha Tau reported complete top-line results from its single-center Phase 1/2 study in recurrent unresectable or metastatic head and neck squamous cell carcinoma. All nine response-evaluable patients achieved a systemic RECIST 1.1 response: four complete responses and five partial responses. Median overall survival was 18.2 months, median progression-free survival was 5.4 months, and no Alpha DaRT-related serious adverse events were reported.

The trial exceeded its prespecified Simon two-stage success threshold and recruitment ended after 11 patients. The result materially strengthens the combination-immunotherapy thesis, but it remains a small, uncontrolled, single-center dataset. Historical comparisons with KEYNOTE-048 are not head-to-head evidence.

Verification through August 14: Alpha Tau’s August 10 second-quarter update and August 12 HNSCC follow-up discussion were reviewed against the July 21 clinical release. Neither changed the disclosed ReSTART, REGAIN or IMPACT milestone windows. The August 12 item provides company and investigator interpretation rather than a new clinical readout.

Next step: Alpha Tau is discussing a similar, larger U.S. study with the FDA. ReSTART top-line data are guided to late 2026 or early 2027 and additional REGAIN data to around year-end 2026; IMPACT recruitment is targeted for Q3 2026, with initial data targeted for late 2026 or early 2027. Official SEC-filed release

02 Highlighted Latest / Upcoming Catalysts

Near-term catalyst map. Alpha Tau is now a multi-program oncology-platform story rather than a single-indication cSCC thesis. The July 21 head-and-neck readout materially strengthens the combination-immunotherapy narrative, while the central forward watch items are the design and regulatory path of a larger U.S. HNSCC study, ReSTART top-line data in late 2026 or early 2027, completion of REGAIN recruitment in the second half of 2026 and additional REGAIN data around year-end, completion of IMPACT recruitment in Q3 2026 with initial data targeted for late 2026 or early 2027, ADMIRE enrollment, Japan post-market surveillance and the company’s ability to fund a broad development plan without excessive dilution.

03 Latest Verified Developments

The following developments define the current $DRTS setup as of August 14, 2026. The newest and most consequential operating update remains the positive Alpha DaRT plus pembrolizumab head-and-neck-cancer readout presented at AHNS. The result strengthens the combination thesis, while ReSTART remains the central U.S. pivotal pathway and REGAIN, IMPACT, ADMIRE, Japan and the Tolmar collaboration provide additional platform and commercial optionality.

1. August 10, 2026 — First-half 2026 financial statements: Alpha Tau filed its unaudited interim consolidated financial statements for the six months ended June 30, 2026. Cash, cash equivalents, short-term deposits and restricted deposits totalled $104.8 million, against $76.9 million at December 31, 2025. The operating loss for the half was $27.1 million and the GAAP net loss was $68.8 million, the difference being $41.4 million of net financial expense from remeasurement of the warrant liability. Net cash used in operating activities was $0.7 million, a figure flattered by $18.9 million of deferred revenue, made up of the $15 million Tolmar manufacturing payment and $3.9 million of equity consideration in excess of the fair value of the shares issued. The detail is in the financial section below.
2. August 10, 2026 — TASE dual-listing registration, and a share count worth reading: Alpha Tau filed a Form 6-K announcing its intention to dual-list on the Tel Aviv Stock Exchange alongside Nasdaq, under the English symbol DRTS. The registration covers 92,478,154 outstanding ordinary shares, which is the company’s own figure; market-data vendors carried 90.18 million at the time and have since caught up to 92.33 million, together with up to 53,880,207 further shares across convertible securities, authorised but unissued options and the employee share purchase plan. Fully loaded that is roughly 146.4 million shares, about 58% above the current count. None of it is a capital raise and no offering terms were disclosed, but a reader modelling this company should use the larger denominator rather than the vendor figure.
3. August 10, 2026 — Additional Hadassah GBM procedural milestone: In the second-quarter update, Alpha Tau also reported its first glioblastoma patient treated using two distinct injection trajectories at Hadassah University Medical Center. This expands the procedural-execution record for the brain applicator, but it is not an efficacy readout and the company did not provide patient-level outcome data for this milestone.
4. August 12, 2026 — HNSCC follow-up interpretation: A company-hosted discussion with the study’s lead investigator reviewed the failure of earlier radiation-plus-immunotherapy approaches in HNSCC and set out a mechanistic hypothesis for why short-range intratumoral alpha radiation could differ. The post added scientific context but no new randomized evidence or clinical dataset.
5. July 21, 2026 — Positive Alpha DaRT plus pembrolizumab HNSCC readout: The study exceeded its prespecified Simon two-stage success criterion and ended recruitment after 11 patients. All nine evaluable patients responded systemically, with encouraging survival and favorable reported safety. The full dataset and its limitations are analyzed in the dedicated HNSCC section below.
6. July 21, 2026 — Larger U.S. combination-study pathway under discussion: Alpha Tau stated that it is exploring, in ongoing discussion with the FDA, the possibility of a similar but larger U.S. study. No final U.S. trial design, control arm, enrollment target, regulatory designation or start date was disclosed in the July 21 release.
7. July 15, 2026 — First ADMIRE patient treated: Alpha Tau announced that the first immunocompromised patient with recurrent cSCC was successfully treated with Alpha DaRT at Banner MD Anderson Cancer Center in Gilbert, Arizona. The prospective, multicenter, open-label, single-arm U.S. study is designed to enroll up to 28 patients at as many as eight sites. The primary endpoint is objective response rate under RECIST 1.1, with secondary endpoints including progression-free survival, overall survival and local control over 12 months. This is an execution milestone and does not establish efficacy, cohort-level safety or regulatory success.
8. May 8, 2026 — ReSTART enrollment completed: Alpha Tau officially announced completion of enrollment of all 88 patients across centers in the United States, Israel and Canada. The pivotal study’s co-primary endpoints are confirmed objective response rate and six-month duration of response. Alpha Tau had submitted the first module of its modular PMA application in January 2026, and Alpha DaRT holds FDA Breakthrough Device Designation for this indication. In the August 10 second-quarter release the company guided ReSTART top-line data to late 2026 or early 2027, a wider window than the year-end 2026 framing used earlier in the year. The July 15 ADMIRE release reiterated, rather than newly disclosed, the completion of ReSTART enrollment.
9. June 11, 2026 — FDA clearance to complete REGAIN enrollment: After reviewing the prespecified safety report from the first three U.S. patients, the FDA cleared Alpha Tau to enroll the final seven patients and authorized two additional U.S. academic sites. Company-reported interim data at the May 3 cutoff showed 100% local disease control, a 67% complete-response rate by RANO criteria, one associated grade 3 serious adverse event that resolved, and no unanticipated associated serious adverse events. These are encouraging early results from only three patients and should not be treated as confirmatory efficacy evidence.
10. June 23, 2026 — GBM execution milestone: Alpha Tau announced the first recurrent glioblastoma treatment outside the United States with Alpha DaRT, performed at Hadassah University Medical Center in Israel under the broad-access ALL clinical protocol. The procedure used a proprietary brain applicator and stereotactic neurosurgical navigation and was described by the company as completed safely and without unexpected complications.
11. June 24, 2026 — Scientific Reports diffusion publication: A new open-access Scientific Reports paper measured Alpha DaRT daughter-isotope diffusion in an orthotopic colorectal adenocarcinoma model. The paper is mechanistic and preclinical, but it is relevant because diffusion behavior is central to the platform’s dose-delivery logic.
12. June 25, 2026 — Annual general meeting results: Alpha Tau reported that shareholders approved all AGM proposals, including director re-elections, compensation-policy items, option-term extensions and reappointment of the independent auditor through 2026.
13. June 23–August 12, 2026 — CFO Form 4 / Form 144 activity: SEC filings completed the sequence beyond the July 1 transaction described in the earlier version of this coverage. Raphi Levy reported open-market sales of 17,500 shares on June 23, 20,000 shares on June 25 and 20,000 shares on June 30, followed by same-day option exercises and sales of 2,127 shares on July 1, 17,873 shares on July 2, 2,270 shares on July 6 and 17,730 shares on August 11. Across the seven sale legs through August 11, 97,500 shares were reported, but every exercise-and-sale transaction from July 1 onward left direct ownership unchanged at 90,180 shares after each paired transaction. A July 6 Form 144 stated that the planned sales were made pursuant to a Rule 10b5-1 plan adopted March 24, 2026. This is a supply and sentiment variable, not evidence of a change in the clinical thesis.
14. July 1, 2026 — Alpha Tau scientific blog on colorectal liver metastases: Alpha Tau highlighted a preclinical liver-metastasis study and discussed the rationale with scientific and clinical collaborators. The key read-through is platform expansion into liver tumors and immune microenvironment research, not a new human-data catalyst.

Verification status: As of August 14, 2026, the July 21 HNSCC readout remained the latest new clinical dataset identified in the company’s official disclosures. The August 10 second-quarter update and August 12 follow-up discussion added financial, procedural and scientific context but did not supersede that dataset. No primary-source announcement reviewed for this refresh supported a takeover, an undisclosed FDA approval, a later clinical readout or an additional major partnership. Unverified social-media speculation is excluded from the factual thesis.

04 Executive Summary

Alpha Tau Medical Ltd. is a clinical-stage oncology company built around Alpha DaRT, short for Diffusing Alpha-emitters Radiation Therapy. The central idea is to place alpha-emitting sources directly inside solid tumors so that highly energetic alpha particles can damage tumor cells over a short range while limiting exposure to surrounding healthy tissue. The company’s long-term ambition is not simply to develop one device for one tumor type. The larger ambition is to prove that Alpha DaRT can become a repeatable local-treatment platform across multiple solid tumors where current standards of care remain limited, toxic, operationally difficult or only partially effective.

The 2026 story now has several parallel pillars. ReSTART is the most direct U.S. regulatory pathway in recurrent cutaneous squamous cell carcinoma; enrollment of all 88 patients was completed on May 8, and the August 10 release guides top-line data to late 2026 or early 2027. ADMIRE adds a separate recurrent-cSCC pathway for immunocompromised patients and treated its first patient on July 15. REGAIN has moved beyond procedure-only feasibility: the FDA cleared enrollment of the final seven patients after reviewing the first three, whose company-reported interim results showed 100% local disease control and a 67% complete-response rate at the May 3 cutoff. Pancreatic cancer adds high-risk, high-upside expansion through IMPACT and ACAPELLA. Head and neck cancer now contributes a positive preliminary combination signal that exceeded the study’s prespecified success threshold and supports development of a larger U.S. trial. Prostate cancer became strategically more important through the Tolmar agreement, whose announced terms include exclusive U.S. commercialization rights, a $15 million manufacturing payment, a $20 million equity investment and up to $161.5 million in milestones for the first indication. Both cash components are reflected in the June 30, 2026 financial statements: the $15 million manufacturing payment sits in long-term deferred revenue and the $20 million private placement is in the share count and in additional paid-in capital. The milestone amounts remain contingent and unearned. Japan is no longer merely a future approval story: Alpha DaRT received Shonin pre-market approval in February 2026 for unresectable locally advanced or locally recurrent head and neck cancer, subject to a 66-patient post-market surveillance study at five selected centers.

The July 21 readout moves the pembrolizumab combination from a scheduled scientific catalyst to an actual positive clinical signal. The systemic response assessment included tumors treated and not treated with Alpha DaRT, which supports the biological rationale for combining local alpha radiation with checkpoint inhibition. But the evidence is not confirmatory: only nine patients were evaluable for response, the study was conducted at a single center, there was no randomized control arm, and the comparison with KEYNOTE-048 pembrolizumab monotherapy is historical rather than head-to-head. A larger multicenter study is therefore required before the apparent response and survival advantage can be treated as reproducible or registrational.

The stock should not be read as a one-catalyst biotech. It is a platform story with several shots on goal, but also with the classic small-cap oncology-device risks: regulatory timing, trial execution, limited mature efficacy data in newer indications, physician adoption, reimbursement, capital needs and post-catalyst volatility. The upside case is easy to understand: if Alpha DaRT can show durable local and systemic tumor control, manageable safety, practical procedure logistics and credible regulatory paths across more than one tumor type, $DRTS could be re-rated as a differentiated oncology platform rather than a niche device company. The bear case is equally simple: small early datasets may not reproduce in larger studies, clinical adoption may be slower than hoped, commercial proof may remain thin, and financing or insider-selling optics can pressure sentiment during high-volatility windows.

The most important analytical point is discipline. Alpha Tau is interesting precisely because the science is unusual and the market can extrapolate quickly. But unusual science and a striking nine-patient readout are not the same thing as proven clinical adoption or randomized evidence. This page therefore keeps two thoughts together: the platform has produced a legitimately important positive signal, and the evidence base still needs to mature before the story can be treated as de-risked.

05 The Evergreen Lens: What Alpha Tau Is Really Trying to Prove

Alpha Tau’s value proposition is based on three claims that need to hold together in real clinical practice. First, alpha radiation can deliver intense local tumor-cell damage over a short range. Second, intratumoral delivery can make that biology usable against solid tumors without unacceptable damage to surrounding tissue. Third, the procedure can be standardized enough that real hospitals, oncologists, surgeons, interventional radiologists and radiation oncologists can adopt it outside a small group of expert centers.

The first claim is the scientific base. Alpha particles have high linear energy transfer, which means they can produce dense DNA damage and are difficult for tumor cells to repair. This is why alpha-emitting approaches have attracted attention in oncology. But alpha radiation also creates a delivery challenge. Because the effective range is short, the therapeutic payload has to be placed very close to the target cells. Alpha Tau’s answer is not systemic radiopharmaceutical delivery. It is local, intratumoral source placement using Alpha DaRT sources designed to release alpha-emitting daughter atoms that diffuse through the tumor over a limited radius.

The second claim is the clinical opportunity. A local therapy that can create strong tumor damage while sparing nearby tissue could be useful in tumors that are difficult to resect, difficult to irradiate again, recurrent after prior therapy, or poorly served by available options. This is why the company’s pipeline touches very different settings: recurrent cSCC, recurrent GBM, pancreatic cancer, prostate cancer, head and neck cancer and preclinical liver-metastasis models. These are not interchangeable diseases, but they all test whether a local alpha-emitting approach can be integrated into a real cancer-treatment workflow.

The third claim is the commercial bottleneck. A platform can look elegant in a presentation and still struggle if procedure logistics are too complex, if training is too burdensome, if reimbursement is unclear, if the learning curve is steep, or if clinicians do not know where the product fits relative to surgery, external-beam radiation, brachytherapy, systemic therapy and immunotherapy. For Alpha Tau, procedural practicality is therefore not a side issue. It is central to the investment thesis.

06 Company Overview

Alpha Tau Medical Ltd. is headquartered in Israel and trades on Nasdaq under the ticker $DRTS. The company’s core product candidate, Alpha DaRT, is designed as an intratumoral alpha-radiation therapy for solid tumors. Unlike conventional external-beam radiation, Alpha DaRT is placed inside the tumor. Unlike many systemic radiopharmaceutical strategies, it is not primarily built around whole-body distribution. The product is procedural, local and lesion-centered.

This makes Alpha Tau a hybrid story. It is not a classic drug biotech, because the product is a device / radiotherapy platform with procedural deployment. It is not a simple medtech either, because the valuation narrative depends heavily on oncology data, regulatory pathways, cancer indications, clinical endpoints and multi-tumor expansion. The market therefore tends to price $DRTS through a mix of biotech-style catalysts and medtech-style adoption questions.

The company’s clinical and regulatory strategy has developed around a staged approach. ReSTART in recurrent cSCC is the most advanced U.S. pathway. Japan offers a commercial and post-marketing angle. GBM, pancreatic cancer and head and neck cancer create higher-upside platform optionality. Prostate cancer with Tolmar adds a partnership-based route into a large disease area where local therapy has existing clinical familiarity but high commercial competition.

07 Regulatory Front Line

The regulatory story is not one single binary event. It is a sequence of programs, each with its own evidence threshold, clinical workflow and regulatory logic.

08 Pipeline Map

The Alpha Tau pipeline is broad enough that the stock can move on several different categories of news. That is a strength when the company delivers execution updates, but it also increases the risk of narrative confusion. A clean map helps separate the central approval pathway from exploratory platform expansion.

ReSTART in recurrent cSCC

The most important regulatory path remains recurrent cutaneous squamous cell carcinoma. Enrollment of all 88 patients was completed on May 8, and the confirmed response and six-month durability evidence expected around year-end should define the next regulatory read-through.

ADMIRE in immunocompromised recurrent cSCC

The first patient treatment opens a separate U.S. study in up to 28 immunocompromised patients, a population with important treatment constraints. The milestone establishes trial execution, not clinical benefit.

REGAIN in recurrent GBM

GBM carries huge unmet need and emotional market attention. The Hadassah treatment expands the feasibility story, but durable clinical benefit still has to be proven.

Pancreatic cancer

IMPACT and related pancreatic work could materially expand Alpha Tau’s perceived addressable market, especially if combination approaches are feasible.

Head and neck cancer

The July 21 study exceeded its prespecified success threshold and produced a strong systemic combination signal. A larger multicenter study is still needed to confirm reproducibility and define a regulatory path.

Tolmar / prostate cancer

The Tolmar collaboration broadens the platform into a large tumor category where delivery, workflow and positioning will be decisive.

Liver / metastasis research

Recent colorectal liver metastasis and diffusion publications support the platform-science narrative, but they remain preclinical or mechanistic.

09 REGAIN and the Recurrent Glioblastoma Story

Glioblastoma is one of the most difficult areas in oncology. Recurrence is common, available salvage options are limited, and survival after recurrence is usually measured in months. That creates a large unmet need, but it also creates a high risk of over-interpreting very small early datasets.

REGAIN is a prospective, open-label, single-arm early-feasibility study expected to enroll up to ten U.S. patients with recurrent GBM not amenable to surgical resection and previously treated with central nervous system radiation. Its primary objective is feasibility and safety, not a registrational efficacy comparison.

On June 11, 2026, Alpha Tau announced that the FDA had reviewed the prespecified interim safety report from the first three treated patients and cleared enrollment of the remaining seven. The FDA also authorized two additional U.S. academic sites. At the company’s May 3, 2026 data cutoff, the first three patients reportedly showed 100% local disease control, a 67% complete-response rate by RANO criteria, one associated grade 3 serious adverse event that resolved, and no unanticipated associated serious adverse events. At that cutoff, the company also reported no local or distant recurrence and no residual procedural symptoms.

Those results are encouraging, but the sample is too small for confident efficacy conclusions. RANO assessments in treated brain tumors can be difficult to interpret, follow-up duration matters, and a three-patient dataset cannot establish survival benefit, reproducibility or a commercial treatment profile.

The June 23 Hadassah procedure added an execution datapoint outside the United States under a broad-access protocol. The company described the treatment as completed safely using a proprietary brain applicator, stereotactic neuro-navigation and a single minimally invasive burr hole. This supports procedural feasibility, but it is separate from the U.S. REGAIN efficacy dataset.

In its August 10 second-quarter update, the company also reported its first glioblastoma patient treated using two distinct injection trajectories at Hadassah. That is a further technical-execution milestone for source placement in the brain, not an efficacy signal: the update did not disclose patient-level response, durability or safety outcomes for that treatment.

Why the REGAIN progress matters

• The FDA allowed the study to proceed after reviewing the first three patients.
• Two additional U.S. academic sites broaden potential access and procedural experience.
• The first three patients produced an unusually strong company-reported local-response signal.
• The Hadassah treatment supports cross-center procedural execution outside the U.S.

What remains unproven

• No overall-survival or progression-free-survival benefit has been established.
• The dataset remains extremely small and uncontrolled.
• Response durability and multi-center reproducibility are unknown.
• Procedure-related risks, edema, steroid requirements and quality-of-life effects need longer follow-up.

10 ReSTART: The Main U.S. Approval-Path Program

ReSTART remains the most important program for the U.S. regulatory thesis. The study is a pivotal, prospective, multicenter, single-arm, open-label trial evaluating Alpha DaRT in recurrent cutaneous squamous cell carcinoma. The relevant patient population includes recurrent cSCC patients who have failed at least first-line therapy and who are not indicated for surgery or conventional treatment, or who have no curative systemic options.

Alpha Tau officially announced completion of enrollment on May 8, 2026, after enrolling all 88 patients across clinical centers in the United States, Israel and Canada. The July 15 ADMIRE announcement later reiterated that ReSTART enrollment had been completed, but it was not the original completion disclosure. This correction matters because an evergreen timeline should distinguish a new milestone from a later reference to an already announced event.

ReSTART has two co-primary endpoints: objective response rate based on confirmed best overall response and duration of response at six months from the initial observation of response. Secondary endpoints include progression-free survival and overall survival at one year, overall duration of response, local control and quality of life. Alpha DaRT has received FDA Breakthrough Device Designation for this indication, and Alpha Tau submitted the first module of its modular PMA application in January 2026.

Completion is operationally important because the study has moved from recruitment into follow-up, response confirmation and dataset maturation. It is not itself a clinical result. The investment and regulatory thesis still depends on the magnitude and confirmation of responses, six-month durability, the safety profile, the quality of the completed dataset and how the FDA interprets a single-arm pivotal program. Alpha Tau’s disclosed target, in the August 10 second-quarter release, is top-line data in late 2026 or early 2027.

This matters because ReSTART is more advanced and more directly tied to a potential U.S. regulatory submission than the newer GBM, pancreatic or head-and-neck combination narratives. The July 21 HNSCC results may attract greater near-term attention because the response rate is striking, but ReSTART remains the cleanest line between Alpha Tau’s current clinical work and a possible first U.S. commercialization pathway.

Investors should focus on four questions when ReSTART data mature:

1. How many responses are confirmed and durable? A higher response rate is useful, but the six-month durability layer is what makes the result more meaningful.
2. How clean is the safety profile? Local therapy must avoid creating a tradeoff that limits adoption.
3. How interpretable is the single-arm dataset? In oncology, single-arm pivotal programs can work in high-unmet-need settings, but regulators still care about context, robustness and clinical relevance.
4. How large and accessible is the commercial population? Even strong clinical data need a realistic addressable market, workflow and reimbursement pathway.

11 ADMIRE: Alpha DaRT in Immunocompromised Patients With Recurrent cSCC

ADMIRE adds a distinct clinical question to Alpha Tau’s cutaneous squamous cell carcinoma strategy. The study is intended for immunocompromised patients with histologically confirmed recurrent cSCC and a single lesion measuring up to seven centimeters. Eligible causes of immune compromise include solid-organ transplantation, hematologic malignancy and chronic immunosuppressive therapy; diabetes alone does not qualify as immunocompromise under the study description.

The trial is prospective, multicenter, open-label and single-arm. It is designed to enroll up to 28 patients at as many as eight U.S. sites. The primary endpoint is objective response rate under RECIST 1.1. Secondary endpoints include progression-free survival, overall survival and local control over 12 months. Those endpoints make the study relevant to both immediate tumor response and the durability and clinical consequences of local treatment.

On July 15, 2026, Alpha Tau announced that the first patient had been treated at Banner MD Anderson Cancer Center in Gilbert, Arizona. The company and treating investigator described the procedure as having gone smoothly. That is useful procedural evidence, particularly in a medically complex population, but it should be interpreted narrowly: a successful first treatment does not reveal the objective response rate, durability, survival effect, full-cohort safety or regulatory path.

The rationale is clinically meaningful because immunocompromised patients can be difficult to manage with standard local and systemic approaches. In particular, immune-checkpoint inhibitors may be unsuitable or more complicated for some transplant recipients or other immunosuppressed patients. ADMIRE therefore tests whether a lesion-directed Alpha DaRT procedure can offer a practical local-treatment option in a population with constrained choices. The study remains early, uncontrolled and vulnerable to enrollment, selection and interpretation risk.

What to watch in ADMIRE

• Enrollment pace across the planned U.S. site network and the mix of transplant, hematologic-malignancy and chronically immunosuppressed patients.
• Consistency of source placement and procedure execution across centers.
• Confirmed objective responses under RECIST 1.1 rather than anecdotal treatment success.
• Local-control durability over 12 months, progression-free survival and overall survival.
• Wound healing, infection, local tissue effects and any safety considerations specific to immunocompromised patients.

12 Pancreatic Cancer: IMPACT, ACAPELLA and the High-Upside Expansion Layer

Pancreatic cancer is one of the most difficult solid-tumor categories. The disease is often diagnosed late, the tumor microenvironment is challenging, and survival outcomes remain poor. This makes pancreatic cancer attractive for a company trying to prove a differentiated local therapy, but it also makes the bar extremely high. In this setting, promising early procedural feasibility must be separated from actual clinical efficacy.

Alpha Tau’s IMPACT study is an early feasibility and safety trial evaluating Alpha DaRT in pancreatic cancer. A key development was the FDA IDE supplement allowing the company to expand the trial to include a cohort combining Alpha DaRT with gemcitabine and nab-paclitaxel, increasing the planned trial size from 30 to 40 patients. This matters because pancreatic cancer treatment often relies on systemic therapy backbones, and a local therapy may need to prove that it can be integrated safely with existing regimens.

The pancreatic cancer setup has three important layers. First is placement feasibility: can Alpha DaRT sources be placed accurately and safely in pancreatic lesions? Second is combination safety: can the local radiotherapy approach coexist with standard chemotherapy without unacceptable toxicity? Third is early biological or clinical activity: are there signals of local control, symptom benefit, tumor shrinkage or disease stabilization that justify further investment?

ACAPELLA, the pancreatic cancer study context outside the United States, should be read as a complementary development layer. The broad idea is to collect more procedural and safety information across clinical settings, but investors should avoid treating early pancreatic updates as decisive until the dataset is large enough and mature enough to interpret.

Merlintrader view on pancreatic cancer

This is one of the most important optionality programs, but also one of the least forgiving. If Alpha DaRT shows a credible safety and local-control profile in pancreatic cancer, the platform narrative changes materially. If the program remains only procedural or early feasibility without compelling follow-through, the market may eventually discount the pancreatic layer as scientific optionality rather than near-term value.

13 Head and Neck Cancer: Alpha DaRT Plus Pembrolizumab

The July 21, 2026 AHNS readout is now one of the strongest preliminary clinical signals in the Alpha Tau platform story. The study evaluated Alpha DaRT in combination with pembrolizumab in elderly patients with recurrent unresectable or metastatic head and neck squamous cell carcinoma whose tumors expressed PD-L1 with a Combined Positive Score of at least 1. Rather than testing Alpha DaRT as monotherapy, the protocol examined whether a localized alpha-radiation procedure could be added to a standard systemic checkpoint inhibitor without the additional toxicity associated with chemotherapy.

The trial was a single-center, prospective, open-label, single-arm study conducted at Hadassah University Medical Center. It used a Simon two-stage adaptive design and could enroll up to 48 patients. Patients received a lead-in dose of pembrolizumab, followed by insertion of Alpha DaRT sources into a target lesion. The sources were removed approximately 14 days later, while pembrolizumab continued under standard dosing. Tumor response was assessed systemically under RECIST 1.1, meaning that the analysis included both tumors directly treated with Alpha DaRT and tumors that were not implanted with the sources.

A total of 11 patients were recruited: four women and seven men, with a mean age of 72 years and an age range of 52 to 96. Two patients died before response evaluation. One died before receiving Alpha DaRT, and the other died shortly after treatment from a cardiovascular issue described as unrelated to the therapy. That left nine patients evaluable for response.

All nine evaluable patients responded. The combination produced a 100% systemic objective response rate, consisting of four complete responses and five partial responses. The complete-response rate was therefore 44%. Because more than six patients responded, the trial exceeded the efficacy threshold built into its Simon two-stage design and was permitted to stop for success; enrollment was concluded after the 11 recruited patients.

The survival readout added an important layer beyond tumor shrinkage. Median overall survival was 18.2 months, median progression-free survival was 5.4 months, and four patients remained alive at the time of analysis. Safety was also favorable in the company-reported dataset: no Alpha DaRT-related serious adverse events were observed, and the only two Alpha DaRT-related adverse events were Grade 1.

Alpha Tau placed the results beside historical outcomes from pembrolizumab monotherapy in the PD-L1 CPS ≥1 population of KEYNOTE-048, where the company cited an objective response rate of approximately 19%, median overall survival of 12.3 months and median progression-free survival of approximately 3.2 months. The numerical contrast is substantial, but it must be handled correctly. This was not a randomized comparison, the studies involved different populations and designs, and a nine-patient evaluable cohort cannot establish a definitive survival advantage over pembrolizumab alone.

An August 12 company-hosted discussion adds important context but should be read as company and investigator interpretation, not independent proof. It notes that prior radiation-plus-immunotherapy approaches in HNSCC did not deliver their intended benefit: JAVELIN Head and Neck 100 was stopped early for futility, KEYNOTE-412 did not meet its primary endpoint, and a randomized study of immunotherapy with or without focused high-dose radiation in metastatic disease did not improve response or demonstrate the intended distant-tumor effect. The investigator’s hypothesis is that Alpha DaRT may differ because its very short-range intratumoral radiation could spare circulating immune cells and draining lymph nodes that external-beam radiation may expose. That is biologically plausible and testable, but it remains a mechanistic hypothesis until larger, preferably randomized data establish that the clinical effect is reproducible and attributable to the combination.

The most scientifically interesting feature is the systemic response assessment. Because RECIST evaluation included treated and untreated tumors, the data are consistent with — but do not prove — the hypothesis that localized Alpha DaRT may enhance systemic anti-tumor activity when combined with checkpoint inhibition. The result should not yet be described as proof of an abscopal effect, proof of immune priming in humans or proof that every untreated lesion responded because the July 21 release did not provide a lesion-by-lesion table sufficient for those claims.

For the regulatory and development path, Alpha Tau stated that it is exploring, in ongoing discussion with the FDA, the possibility of a similar but larger U.S. study. No definitive design, control arm, enrollment target or start date was disclosed. The next level of evidence should therefore be judged on whether the company can reproduce the response and safety profile across more sites and more patients, define an interpretable comparator and show that survival outcomes remain favorable with longer and more complete follow-up.

What moved forward on July 21

• The study met and surpassed its prespecified Simon two-stage success criterion.
• Every response-evaluable patient achieved a systemic RECIST response.
• Four of nine evaluable patients achieved a complete response.
• The survival follow-up matured to 18.2-month median overall survival and 5.4-month median progression-free survival.
• The company-reported safety profile remained favorable, with no Alpha DaRT-related serious adverse events.
• The result provides a concrete rationale for a larger U.S. combination study.

What remains unproven

• The response analysis includes only nine evaluable patients from one center.
• There was no randomized or contemporaneous pembrolizumab-only control arm.
• Historical KEYNOTE-048 comparisons cannot establish causality or a definitive survival benefit.
• The dataset does not yet demonstrate multicenter reproducibility, regulatory sufficiency or commercial scalability.
• Two of the 11 recruited patients were not evaluable for response, and complete patient-level and lesion-level data were not included in the press release.
• A larger controlled or otherwise regulatorily interpretable study is needed to confirm the benefit.

14 Scientific Expansion: Liver Tumors, Colorectal Metastases and Diffusion Biology

After the June 23 update, the most important scientific additions were not commercial or regulatory events. They were platform-science developments. Alpha Tau highlighted a preclinical colorectal liver metastasis study in a July 1 blog discussion, and a separate Scientific Reports paper published on June 24 analyzed diffusion of alpha-particle-emitting daughters in an orthotopic colorectal adenocarcinoma model.

The colorectal liver metastasis work is relevant because the liver is a clinically important metastatic site and because the immune and microenvironmental context of liver tumors can be difficult. The study discussed by Alpha Tau used an orthotopic liver-implantation model, meaning tumor tissue was implanted into the liver rather than tested only in a simpler subcutaneous model. That matters because orthotopic models can better reflect the tissue context of the target organ.

Alpha Tau’s July 1 discussion emphasized several preclinical findings: feasible delivery with a standard needle, delayed tumor growth versus inert control sources, no visible histopathologic damage to surrounding liver parenchyma in the study context, reduced immunosuppressive macrophage presence at the tumor-normal interface, and a more favorable immune-cell balance around treated tumors. These are interesting platform signals because they connect physical radiation delivery with immune microenvironment changes.

The separate June 24 diffusion paper is also useful because Alpha DaRT depends on local diffusion of alpha-emitting daughter atoms. The paper reported measured diffusion-length ranges across tumor and normal tissues, noted variability, and highlighted the importance of understanding tissue-specific diffusion behavior for treatment optimization. This kind of mechanistic work is not glamorous, but it is important for a therapy whose clinical performance depends on how the radiation field behaves inside actual tissue.

How to read the liver / diffusion updates

These updates support the platform-science narrative, especially for future liver-metastasis or combination-immunotherapy hypotheses. They should not be treated as clinical proof. They do not replace human data, they do not define a regulatory path, and they do not by themselves justify a commercial forecast. They are evidence-building pieces in the broader Alpha DaRT puzzle.

15 Tolmar Collaboration and the Prostate Cancer Angle

The Tolmar agreement is materially more important than a generic research collaboration. Signed on June 2 and announced on June 3, 2026, it makes prostate cancer a core strategic program and creates a defined U.S. commercialization structure.

The agreement reduces some future commercialization risk, but it does not de-risk the clinical program. Investors still need clarity on the target prostate-cancer population, procedural workflow, comparative positioning, U.S. trial design, endpoints, regulatory strategy and eventual physician adoption.

16 Japan: Commercial Reality Check

Japan is already a regulatory milestone, not merely a future commercialization possibility. In February 2026, Japan’s Ministry of Health, Labour and Welfare granted Shonin pre-market approval for Alpha DaRT in patients with unresectable locally advanced or locally recurrent head and neck cancer.

The approval carries an important condition: Alpha Tau must conduct a post-market surveillance study enrolling 66 patients at five selected leading clinical centers. The company has also disclosed a commercialization arrangement with HekaBio in Japan. Therefore, the relevant investor questions are now operational: when the selected centers activate, how quickly patients are treated, how reimbursement develops, what the PMS safety and effectiveness data show, and whether usage expands beyond a limited launch footprint.

Approval is a meaningful validation, but it is not yet proof of commercial traction. Until treatment volumes, reimbursement and post-market evidence become visible, Japan should be treated as an approved but still early commercial market.

17 Financial Snapshot and Capital Structure

Alpha Tau ended the first half of 2026 with approximately $104.8 million in cash and cash equivalents, short-term deposits and restricted deposits, against $76.9 million at December 31, 2025. That is the company’s disclosed liquidity measure; it should not be described as cash and equivalents alone. For the six months ended June 30, 2026 the company reported an operating loss of approximately $27.1 million, against approximately $19.0 million in the same period of 2025, and a GAAP net loss of approximately $68.8 million, against approximately $18.8 million. Almost the whole gap between the two lines is non-cash: net financial expense of approximately $41.4 million, driven by remeasurement of the warrant liability. Loss per share was $0.76 on 90.3 million weighted-average shares, against $0.25 a year earlier.

Underneath the operating loss the expense lines moved in different directions. Research and development, net of grants, rose to $20.9 million from $14.2 million a year earlier, an increase of roughly 47% that the company attributes to higher employee compensation, greater clinical trial activity and larger raw-material purchases. General and administrative expenses rose to $5.7 million from $3.9 million on compensation and professional fees, while marketing fell to $0.6 million from $0.9 million. Share-based compensation accounts for $6.7 million of the six-month total, split $4.3 million to research and development, $2.3 million to general and administrative and $0.1 million to marketing, so close to a quarter of the operating loss never leaves the bank account.

The cash-flow statement makes the same point from the other direction. Net cash used in operating activities in the first half was approximately $0.7 million, against $14.6 million in the first half of 2025, but that near-zero figure is the arithmetic of a $18.9 million increase in deferred revenue and a $42.2 million non-cash warrant revaluation rather than of a business that stopped consuming cash. The operating loss of $27.1 million over six months is the closer approximation of the underlying run rate. Financing activities provided approximately $29.0 million, of which $26.1 million came from share issuance and $2.9 million from option exercises, and investing activities absorbed $17.4 million, almost all of it cash moved into short-term deposits rather than spent.

The June Tolmar agreements now sit inside the accounts rather than alongside them. The initial $15 million manufacturing payment is carried in long-term deferred revenue, which stood at $18.9 million at June 30, and the private placement of 1,668,057 ordinary shares at $11.99 produced gross proceeds of approximately $20 million. Beyond those amounts the agreements provide for up to $96.5 million in clinical and regulatory milestones for the first prostate-cancer indication, up to $65 million in commercial milestones, and supply of Alpha DaRT to Tolmar at 60% of net sales, subject to adjustment. A bladder-cancer expansion option carries a further $5 million manufacturing payment and a $5 million share purchase at a 25% premium to the then-prevailing 30-trading-day VWAP.

The accounting treatment of those payments sits apart from the headline terms. Alpha Tau treats the Tolmar agreements as a single combined performance obligation under ASC 606 and set the transaction price at $38.9 million as of June 30: the $15 million upfront manufacturing payment, $3.9 million representing the excess of the equity consideration over the fair value of the shares issued, and a single $20 million clinical milestone whose achievement the company describes as substantially within its own control. Every other milestone is fully constrained and excluded from the transaction price. No revenue has been recognised against any of it, because no progress had been made toward the performance obligation and no product may be supplied, marketed or sold before FDA marketing approval, so the $18.9 million already received stays in deferred revenue.

The capital structure moved with it. Ordinary shares issued and outstanding rose from 88,009,737 at December 31, 2025 to 92,332,873 at June 30, 2026, and the Tel Aviv registration filed on August 10 states 92,478,154. Shareholders’ equity fell from $77.1 million to $44.1 million, and the cause is on the liability side rather than the operating side: the warrant liability grew from $5.4 million to $47.5 million over the same six months. Total liabilities were $90.2 million against total assets of $134.3 million, and the accumulated deficit reached $258.9 million. Funding from inception through June 30 amounted to gross proceeds of $254.4 million from share issuance and $8.8 million from government grants.

Two obligations sit outside the balance-sheet totals and attach to revenue rather than to cash. The contingent liability to the Israel Innovation Authority stood at $7.8 million at June 30, covering royalty-bearing grants received directly, grants assumed from Althera and the interest accrued on both, repayable as a 3% royalty on revenue arising from the funded programmes. The Althera intellectual-property agreement adds a fixed 2% of gross revenues derived from the purchased intellectual property, capped at $1.5 million in aggregate. Neither costs anything until products sell, and both reduce the economics of the first revenue that arrives. On the dilution side, options and warrants excluded from the diluted share count as anti-dilutive numbered 36,698,461 at June 30, and a further 13,069,670 shares remained available for future grants under the 2021 plan out of an authorised pool of 27,315,022. On the funding horizon the company states in the interim financial statements that its existing capital resources will be adequate for its expected liquidity requirements for at least the next two years.

The balance-sheet interpretation is straightforward. Alpha Tau holds meaningful liquidity, but it remains a development-stage oncology company with multiple clinical programs, regulatory work, procedure-development costs and commercial-readiness needs, and the half-year operating loss is the run rate that liquidity has to cover. Dilution risk therefore remains part of the story. In April 2026 the company entered an equity distribution agreement with H.C. Wainwright allowing sales of up to $100 million of ordinary shares under the Form F-3 declared effective on May 1, 2026, at a 3% commission, so financing flexibility and supply overhang sit on the same line. The relevant question is whether the company can use partnership economics, catalysts and data to finance from a position of strength rather than weakness.

Recent stock strength after the GBM milestone also makes capital-structure discipline more important. In small-cap biotech and medtech, strong moves can attract both investor attention and supply. Existing shelf capacity, ATM availability and insider-filing optics can all affect short-term sentiment even when the clinical story is unchanged.

18 Post-June-23 Insider Filing Watch

After the June 23 GBM update, SEC filings showed a sequence of transactions and proposed-sale notices involving CFO Raphi Levy. The complete sequence reviewed through August 14 extends beyond the July 1 activity contained in the prior version of this coverage. It belongs in the risk / sentiment section because the timing followed a major stock move and because small-cap biotech and medtech names can react sharply to perceived post-catalyst supply. It should not be mixed with the clinical-efficacy discussion and should not be presented as proof of an undisclosed negative event.

Across the seven completed sale legs from June 23 through August 11, the filings reported 97,500 shares sold. That total needs context. The first 57,500 shares were sales that reduced preexisting direct ownership; the later 40,000 shares were acquired through option exercises and sold in equal quantities, leaving reported direct ownership unchanged at 90,180 shares after each paired transaction.

Insider sales do not automatically mean insiders are negative on the company. Executives may sell for taxes, diversification, liquidity, prearranged trading plans and personal financial planning. Here, the 10b5-1 disclosures and option-exercise mechanics are material context. At the same time, small-cap investors are right to track insider supply after a sharp move because it can affect sentiment, liquidity and valuation psychology even when the clinical thesis is unchanged.

Clean interpretation

The insider-filing update belongs in the risk and sentiment section, not in the clinical-efficacy section. It does not invalidate the GBM milestone or the HNSCC readout, and it does not prove a hidden negative event. It does show that $DRTS is a volatile small-cap stock where post-catalyst supply, 10b5-1 activity, option-exercise mechanics, ATM capacity and valuation expansion must be monitored together.

19 Management, Governance and AGM Update

Alpha Tau reported AGM voting results on June 25, 2026. Shareholders approved all proposals, including re-election of David Milch and Ruth Alon as Class II directors through the 2029 annual general meeting, reapproval of the company’s compensation policy, approval of chairman-related compensation matters, extension of certain option terms for directors and officers, and reappointment of Kost Forer Gabbay & Kasierer, a member of EY Global, as independent auditor through the year ending December 31, 2026.

Governance updates rarely drive the stock as much as clinical catalysts, but they matter in a development-stage company because the story depends on execution across multiple jurisdictions, clinical programs and partnerships. The AGM result is best read as corporate housekeeping with continuity, not as a thesis-changing event.

20 Retail Sentiment, Valuation Chatter and Rumor Discipline

$DRTS has become more visible because the stock moved strongly around the GBM milestone and because the July 21 head-and-neck combination readout delivered unusually strong headline numbers. The underlying story is easy for retail investors to understand at a headline level: a novel alpha-radiation platform, recurrent brain cancer, a 100% response-rate headline, multiple solid tumors and possible immunotherapy combinations. That combination can create powerful attention. It can also create over-extrapolation.

As of August 14, 2026, no credible primary-source announcement supported a takeover, a new major partnership beyond the disclosed Tolmar agreement, an undisclosed FDA approval or a hidden regulatory development. The responsible way to cover the stock is to separate three layers:

1. Confirmed facts: press releases, SEC filings, ClinicalTrials.gov records, peer-reviewed publications and conference schedules.
2. Reasonable analysis: interpretation of what the facts may mean for platform validation, regulatory path, balance sheet and sentiment.
3. Unverified chatter: social-media speculation, valuation arguments, buyout talk or momentum narratives with no primary support.

Only the first two belong in the core stock hub. Unverified chatter can be mentioned as sentiment only if it is clearly labeled and not presented as fact. That is especially important for Alpha Tau because the science is unusual and the market can move quickly when investors hear words like “glioblastoma,” “alpha radiation,” “breakthrough platform” or “immunotherapy combination.”

21 What Could Make the Bull Case Work?

The bull case requires more than one positive headline. It requires convergence across data, execution and adoption.

Durable ReSTART data

If ReSTART shows clinically meaningful and durable responses with a manageable safety profile, Alpha Tau would have a much stronger U.S. regulatory and commercial story.

GBM feasibility expands cleanly

More safely treated recurrent GBM patients, especially across more than one center, would strengthen the idea that Alpha DaRT can work in very difficult anatomic contexts.

Combination signal strengthens

Confirmation of the July 21 systemic response signal in a larger multicenter study would materially strengthen the broader immuno-radiotherapy thesis.

Pancreatic cancer safety holds

If pancreatic placement and combination safety look practical, the company’s addressable-market narrative becomes much bigger.

Japan shows real usage

Evidence of adoption, reimbursement and clinical usage in Japan would move the story from theoretical commercial potential to real-world proof.

Financing from strength

If the company can raise or manage capital without damaging confidence, dilution risk becomes more tolerable.

22 What Could Break the Thesis?

The risk case is also clear. Alpha Tau can have compelling science and still disappoint investors if clinical translation is slower, less durable or more complex than hoped.

Weak durability

If ReSTART responses are not durable enough, the main approval-path narrative would lose strength.

GBM over-extrapolation

GBM headlines can move sentiment, but failure to generate meaningful follow-up could cause a sharp narrative reset.

Procedure complexity

If placement, training, workflow or radiation-safety logistics are too demanding, adoption may lag even with promising data.

Capital overhang

Shelf capacity, ATM availability, burn rate and insider-filing optics can pressure the stock during volatile windows.

Small-study noise

The nine-evaluable-patient HNSCC dataset is striking, but early investigator-initiated results can fail to reproduce when they scale into larger, multicenter or controlled studies.

Commercial uncertainty

Japan and future U.S. adoption require reimbursement, training, center buy-in and repeatable patient flow.

23 Scenario Framework

24 Merlintrader Bottom Line

Alpha Tau is one of the more unusual oncology small-cap stories because it sits between biotech, radiotherapy, medtech and procedural oncology. That makes it harder to value, but also more interesting. The company has a real platform concept, multiple programs, credible scientific activity and a 2026 catalyst stack that can keep investors engaged.

The July 21 HNSCC readout materially improves the quality of the combination narrative. It exceeded the study’s prespecified success threshold and provides a credible reason to pursue a larger, multicenter U.S. trial. The detailed response, survival and safety figures are presented once in the clinical section above rather than repeated throughout the hub.

The strongest part of the broader story is that Alpha DaRT is not limited to one narrow hypothesis. ReSTART offers a relatively advanced U.S. regulatory path, enrolled 88 patients and is moving toward top-line data around year-end. ADMIRE adds a separate recurrent-cSCC pathway for immunocompromised patients and has begun treatment. GBM offers high-attention feasibility expansion. Pancreatic cancer offers high-upside optionality. Head and neck cancer now offers actual combination-immunotherapy data rather than only a future hypothesis. Tolmar provides a partnership angle in prostate cancer. Japan offers a real-world commercial watch.

The weakest part of the story is that much of the broader platform value remains early. The market can move faster than the data. A safe GBM procedure is not a GBM efficacy result. A preclinical liver-metastasis paper is not a human liver-cancer program. A 100% response-rate headline in nine evaluable patients is not a randomized pivotal dataset. A commercial approval in one geography is not automatically commercial adoption. This is exactly why $DRTS should be followed through a catalyst map rather than through a single headline.

Current conclusion: Alpha Tau has become a broader oncology-platform story with announced Tolmar strategic, manufacturing and commercialization support, and the July 21 readout strengthens the case that Alpha DaRT may have value when combined with checkpoint inhibition. The Tolmar payments are reflected in the June 30, 2026 financial statements, with $15 million in deferred revenue and $20 million of equity; the milestone amounts remain contingent. The company remains high risk and highly dependent on small, maturing datasets. The central forward evidence points are the design of a larger U.S. HNSCC combination study, ReSTART top-line and six-month durability around year-end, ADMIRE enrollment and early cohort evidence, completion and additional data from REGAIN, IMPACT recruitment completion in Q3 2026 and initial-data timing in late 2026 or early 2027, execution in ACAPELLA, Japan PMS and launch activity, prostate-cancer development under the Tolmar collaboration, and disciplined use of the company’s financing capacity.

The block below is a snapshot of the Stocktwits flow, with its date. These are opinions of retail traders and non-professional investors, not analyst research, and they measure attention and how one-sided positioning has become rather than anything about the business.

25 Reference Links and Verification Sources

These links are included for reader verification. They are not promotional links and should be checked again before any investment decision.

• Alpha Tau official newsroom — verification of company releases and blog updates through August 14, 2026
• Alpha Tau — August 10, 2026 second-quarter financial results and corporate update
• SEC — Alpha Tau Form 6-K filed August 10, 2026, with interim financial statements, operating review and Q2 release
• Alpha Tau — August 10, 2026 registration for dual listing on the Tel Aviv Stock Exchange
• SEC — Alpha Tau Form 6-K filed August 10, 2026 for the TASE dual-listing announcement
• Alpha Tau — August 12, 2026 company-hosted HNSCC investigator discussion
• Alpha Tau — official investor events and presentations page
• Alpha Tau — July 21, 2026 HNSCC Alpha DaRT plus pembrolizumab results
• Alpha Tau / AHNS — July 21, 2026 podium presentation PDF
• SEC / Alpha Tau — July 21, 2026 complete HNSCC Alpha DaRT plus pembrolizumab top-line results
• SEC — Alpha Tau Form 6-K filed July 21, 2026
• Alpha Tau — July 15, 2026 first ADMIRE patient treatment and ReSTART status reiteration
• SEC — Alpha Tau Form 6-K filed July 15, 2026
• ClinicalTrials.gov — ADMIRE study in immunocompromised patients with recurrent cSCC (NCT06615635)
• SEC / Alpha Tau — May 8, 2026 ReSTART enrollment completion with 88 patients
• SEC / Alpha Tau — June 11, 2026 REGAIN FDA clearance and interim first-three-patient update
• SEC / Alpha Tau — June 3, 2026 Tolmar strategic collaboration and transaction economics
• SEC — 2026 Form F-3 describing Japan Shonin approval, required 66-patient PMS and current program status
• Alpha Tau — First-quarter 2026 financial results and corporate update
• Merlintrader — Alpha Tau Medical Stock Hub
• Alpha Tau — June 23, 2026 recurrent glioblastoma Hadassah update
• SEC — Alpha Tau Form 6-K, June 23, 2026 press-release filing
• SEC — Alpha Tau June 25, 2026 Form 6-K reporting AGM voting results
• Alpha Tau — July 1, 2026 liver-tumor / colorectal metastasis scientific discussion
• Scientific Reports — Alpha DaRT in an orthotopic murine model of colorectal cancer liver metastasis
• Scientific Reports — Diffusion of alpha-particle emitting daughters in an orthotopic colorectal adenocarcinoma model
• Alpha Tau — May 5, 2026 announcement of the scheduled AHNS July 21 podium presentation
• ClinicalTrials.gov — ReSTART recurrent cutaneous squamous cell carcinoma study
• ClinicalTrials.gov — REGAIN recurrent glioblastoma study
• ClinicalTrials.gov — IMPACT pancreatic cancer study
• ClinicalTrials.gov — Alpha DaRT plus pembrolizumab head and neck cancer study
• SEC — CFO Form 4 filed June 25, 2026, earliest transaction June 23, 2026
• SEC — CFO Form 4 filed June 26, 2026, 20,000 shares sold on June 25, 2026
• SEC — CFO Form 4 filed July 1, 2026, 20,000 shares sold on June 30, 2026
• SEC — CFO Form 4 filed July 2, 2026, 2,127-share exercise-and-sale on July 1, 2026
• SEC — CFO Form 144 notice for a proposed 20,000-share sale dated July 1, 2026
• SEC — CFO Form 4 filed July 6, 2026, 17,873-share exercise-and-sale on July 2, 2026
• SEC — CFO Form 144 filed July 6, 2026; 20,000 shares proposed under a Rule 10b5-1 plan adopted March 24, 2026
• SEC — CFO Form 4 filed July 7, 2026, 2,270-share exercise-and-sale on July 6, 2026
• SEC — CFO Form 4 filed August 12, 2026, 17,730-share exercise-and-sale on August 11, 2026