DRTS Alpha Tau Medical Ltd.

BULLISH Impact: 7/10 PRESS-RELEASE
Horizon months Filed May 8, 2026 Processed 1mo ago Wire GlobeNewswire
Press release: fda
Latest settled — T+20d
DRTS ▲ +9.87% at T+20d
LONG call ✓ call won +9.87% · α vs SPY +9.85% · entry $8.51 → $9.35
Next anchor: T+60d in 8w
Last close $9.28 (close Jun 8) · +9.05% from $8.51 entry
Entry anchored
May 7, 04:04 PM ET
via Databento tick
T+1d
+21.50%
call +21.50% · α +21.27%
$10.34
settled 4w ago
T+5d
+22.33%
call +22.33% · α +20.86%
$10.41
settled 26d ago
T+20d
+9.87%
call +9.87% · α +9.85%
$9.35
settled yesterday
T+60d
call — · α —
in 8w

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Executive Summary

Alpha Tau completed enrollment in its ReSTART pivotal trial (88 patients) for Alpha DaRT in recurrent cutaneous squamous cell carcinoma, a key step toward FDA PMA approval. The company has Breakthrough Device Designation and submitted the first PMA module in January 2026. This milestone de-risks the regulatory pathway but approval and commercialization remain uncertain.

Actionable Insight

The completion of enrollment is a positive catalyst, but the stock may have already priced in this milestone. Watch for data readouts and PMA submission progress. Approval is not guaranteed; monitor for any delays or negative data.

Key Facts

  • Completed enrollment of 88 patients in ReSTART pivotal trial for recurrent cSCC.
  • First U.S. pivotal study for Alpha Tau to complete enrollment.
  • Alpha DaRT has FDA Breakthrough Device Designation for this indication.
  • First module of modular PMA application submitted in January 2026.
  • cSCC is the second most common skin cancer with rising incidence and unmet need.
  • Trial co-primary endpoints: objective response rate and duration of response at 6 months.

Financial Impact

No financial figures disclosed; potential future revenue from FDA approval in cSCC, but timeline and market size not quantified.

Risk Factors

  • FDA may not approve PMA; clinical data may not meet endpoints.
  • Competition from existing and emerging therapies for cSCC.
  • Company has limited operating history and needs additional funding.
  • Stock may have already priced in this milestone; limited upside from here.

Market Snapshot

Exchange
Nasdaq
Sector
Surgical & Medical Instruments & Apparatus
Analyst Consensus
80% bullish (10 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3291075
8 reports for DRTS
Performance horizon
60% Hit rate 3 of 5 directional calls best @ T+20▲ +40.10%Apr 23, 2026
Filters
Rows
Reports for DRTS — sortable, filterable
Type Now
Jun 3, 2026
6d ago
Press Release
BULLISH ★ 7/10
$10.58 $10.29▼ −2.74%▼ −3.14%$9.28 (−12.29%)
May 11, 2026
29d ago
Press Release
BULLISH ★ 7/10
$10.34 $9.88▼ −4.45%▼ −4.31%$9.28 (−10.25%)
May 8, 2026
4w ago
Press Release
BULLISH ★ 7/10
$8.51 $10.34▲ +21.50%▲ +21.27%$9.28 (+9.05%)
May 5, 2026
5w ago
Press Release
BULLISH ★ 5/10
$7.39 $7.59▲ +2.71%▲ +1.32%$9.28 (+25.58%)
May 4, 2026
5w ago
Press Release
BULLISH ★ 7/10
$7.53 $7.39▼ −1.86%▼ −2.65%$9.28 (+23.24%)
Apr 27, 2026
6w ago
Press Release
MIXED ★ 6/10
$7.91 $7.30▼ −7.71%▼ −7.23%$9.28 (+17.32%)
Apr 23, 2026
6w ago
Press Release
BULLISH ★ 7/10
$7.98 $8.09▲ +1.38%▲ +0.59%$9.28 (+16.29%)
Mar 9, 2026
13w ago
Press Release
MIXED ★ 6/10
$6.84 $7.04▲ +2.92%▲ +3.03%$9.28 (+35.67%)
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