MARKET WIRE NEWS

NovaBridge Doses First Patient in Global, Randomized Phase 2 Study of Givastomig Combined with Immunochemotherapy in Patients with 1L Metastatic Gastric Cancer

MWN-AI** Summary

NovaBridge Biosciences has initiated a global Phase 2 trial evaluating givastomig, a bispecific antibody targeting Claudin 18.2, in combination with nivolumab and immunochemotherapy (mFOLFOX6) for patients with first-line metastatic gastric cancer. This milestone follows promising results from a Phase 1b study, where givastomig demonstrated a remarkable objective response rate (ORR) of 75%, a median progression-free survival (mPFS) of 16.9 months, and an 82% six-month landmark progression-free survival rate among treated patients.

The Phase 2 trial, set to enroll around 180 patients globally, aims to confirm the efficacy and safety of givastomig among those with HER2-negative gastric cancer. The treatment's ability to activate immune responses while providing minimal toxicity positions it as a potentially transformative therapy in a market projected to reach $12 billion by 2030. Top-line results are expected in 2027, building anticipation within the medical community regarding this novel approach to treating gastric cancer.

NovaBridge's Chief Medical Officer, Dr. Phillip Dennis, remarked on the promising Phase 1b data, emphasizing the initial results' potential to establish givastomig as a best-in-class treatment. Samuel J. Klempner, MD, from Mass General Brigham Cancer Institute, also praised the drug's robust response rates and good tolerability across varied expression levels of Claudin 18.2 and PD-L1.

As NovaBridge transitions into a mid-stage clinical company, it remains focused on developing innovative therapies that could significantly improve patient outcomes in gastric and esophageal cancers. The ongoing study and forthcoming data updates may solidify givastomig's role in redefining treatment standards in these challenging cancers.

MWN-AI** Analysis

NovaBridge Biosciences (Nasdaq: NBP) recently achieved a significant milestone by dosing its first patient in a global Phase 2 study evaluating givastomig, a bispecific antibody, for treating first-line metastatic gastric cancer. This development follows promising Phase 1b results, which indicated an impressive 75% objective response rate (ORR) and a median progression-free survival (mPFS) of 16.9 months in patients receiving the drug coupled with standard immunochemotherapy.

As the market for gastric cancer treatments is anticipated to reach $12 billion by 2030, investors should closely monitor NovaBridge's upcoming Phase 2 trial results, expected in 2027. If givastomig maintains its efficacy during this phase, it could solidify its position as a leader in a lucrative segment of oncology. Furthermore, the 82% six-month landmark PFS rate demonstrated in the Phase 1b study provides a favorable outlook that could enhance investor confidence.

Potential risks remain, primarily centered around the drug’s progression through clinical trials and the broader biopharmaceutical landscape's inherent uncertainties. While the company has robust interim data suggesting high tolerability, any unforeseen complications during trials could impact timelines and financial performance.

In terms of stock performance, cautious optimism should be exercised. With a focus on innovative therapies and ongoing collaborations, NovaBridge is well-positioned for future growth. Investors may want to adopt a wait-and-see approach as the company releases more data from both the Phase 2 study and further updates from the Phase 1b results later this year.

Overall, NovaBridge represents a compelling opportunity in the biotech space, particularly for those looking to invest in pioneering treatments for unmet medical needs in oncology.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire
  • Global, randomized Phase 2 study to evaluate the addition of givastomig, a CLDN18.2 x 4-1BB bispecific antibody (8 mg/kg and 12 mg/kg) to standard of care immunochemotherapy in patients with first line (1L) metastatic gastric cancer
  • Major milestone builds on positive Phase 1b combination data demonstrating that givastomig produced, best-in-class potential efficacy in 1L HER2-negative, metastatic gastric cancer patients in combination with nivolumab and chemotherapy (mFOLFOX6)
  • Phase 1b results showed that patients treated with givastomig experienced an objective response rate (ORR) of 75%, median progression free survival (mPFS) of 16.9 months and 82% six-month landmark PFS
  • Gastric cancer represents a $12 billion market opportunity by 2030
  • Top line results from the Phase 2 study are expected in 2027

ROCKVILLE, Md., Feb. 17, 2026 (GLOBE NEWSWIRE) -- NovaBridge Biosciences (Nasdaq: NBP) (NovaBridge or the Company) a global biotechnology platform company committed to accelerating access to innovative medicines, today announced enrollment of the first patient in the global Phase 2 randomized combination study evaluating givastomig, a Claudin 18.2 (CLDN18.2) x 4-1BB bispecific antibody, in combination with nivolumab and chemotherapy (mFOLFOX6) in patients with HER2-negative, 1L metastatic gastric cancer. Positive Phase 1b data position givastomig to be a potential best-in-class CLDN18.2-directed therapy for gastric cancer with a projected $12 billion market opportunity by 20301. Top line Phase 2 results are expected in 2027.

“We are pleased to be advancing givastomig one step closer towards commercialization, with the initiation of the global randomized Phase 2 study. The study builds on the compelling Phase 1b givastomig results, showing robust efficacy and favorable overall tolerability, and demonstrating a potential marked improvement relative to historical benchmarks for the standard of care. The Phase 2 study is designed to confirm these results in a broader setting and validate givastomig as a potential best in class therapy for 1L metastatic gastric cancer, with the potential for broad utilization across CLDN18.2 levels in PD-L1 positive patients,” said Phillip Dennis, MD, PhD, Chief Medical Officer of NovaBridge. “We expect to present results from this study in 2027. In addition, we expect to present updated results from the Phase 1b dose expansion study in the second half of this year.”

“We continue to be encouraged by givastomig’s high response rate across a wide range of Claudin 18.2 and PD-L1 expression levels. The depth and duration of responses achieved with combination therapy coupled with the tolerability enabled the swift enrollment in the Phase 1b study and provides a strong basis to move to the next stage of development,” said?Samuel J. Klempner, MD, Associate Professor of Medicine at Mass General Brigham Cancer Institute. “We are hopeful that, with continued positive clinical results, givastomig will ultimately become a standard of care for gastric and esophageal cancer.”

“Initiation of the Phase 2 study marks a pivotal moment for NovaBridge as we transition to a mid-stage clinical Company. Compelling Phase 1b efficacy and safety data validate givastomig’s potential as a premier CLDN18.2-directed therapy for gastric cancer and beyond. The strong and durable response data underscore our conviction in givastomig’s significant commercial potential,” said Sean Fu, PhD, MBA, Chief Executive Officer of NovaBridge. “We remain focused on developing novel, differentiated therapies that can transform the treatment of patients worldwide and believe that givastomig will be a cornerstone of our future growth.”

About the Givastomig Phase 1b Dose Escalation and Expansion Combination Study in 1L Gastric Cancer

The Phase 1b dose expansion data (per the January 6, 2026 press release and corporate presentation) showed that givastomig, dosed at 8 mg/kg every two weeks (Q2W) and 12 mg/kg Q2W, produced:

  • Robust efficacy, with 75% ORR (77% ORR observed at 8 mg/kg, 73% ORR observed at 12 mg/kg, n=52 evaluable)
  • Responses observed across a wide range of PD-L1 and CLDN18.2 expression levels
  • Durable responses with 16.9-month mPFS and an 82% 6-month landmark PFS rate (n=53 evaluable)
  • With good overall tolerability in combination with immunochemotherapy, without dose dependent toxicity

Detailed Phase 1b expansion data are expected to be presented at a major medical conference in H2 2026

About the Global, Randomized Phase 2 Study of Givastomig in the Setting of 1L Gastric Cancer

The Phase 2 global, randomized study is evaluating the safety and efficacy of givastomig, used in combination with nivolumab and mFOLFOX6, as 1L therapy in patients with CLDN18.2-positive gastric cancer, including gastroesophageal cancer (GEC), gastroesophageal junction cancer (GEJ), gastroesophageal adenocarcinoma (GEA), with CLDN18.2 levels of ?1+ immunohistochemistry (IHC) intensity on ?1% of cells, and PD-L1 expression ?1. The study is expected to enroll approximately 180 patients (randomized equally to 8mg/kg givastomig, 12 mg/kg givastomig or nivolumab+mFOLFOX6). The primary endpoint is progression free survival (PFS); secondary endpoints include objective response rate (ORR), overall survival (OS), duration of response (DoR) and disease control rate (DCR). The study will enroll patients globally.

Sources:

  1. Markets include U.S., five E.U. countries, and Japan by 2030 for potential sales based on Data Monitor Biomed Tracker

About Givastomig

Givastomig (TJ033721 / ABL111) is a bispecific antibody targeting Claudin 18.2 (CLDN18.2)-positive tumor cells. It conditionally activates T cells through the 4-1BB signaling pathway in the tumor microenvironment where CLDN18.2 is expressed. Givastomig is being developed for potential treatment of gastric cancer and other Claudin 18.2-positive gastrointestinal malignancies. In Phase 1 trials, givastomig has shown promising anti-tumor activity attributable to a potential synergistic effect of proximal interaction between CLDN18.2 on tumor cells and 4-1BB on T cells in the tumor microenvironment, while minimizing toxicities commonly seen with other 4-1BB agents.

Givastomig is being jointly developed through a global partnership with ABL Bio, in which NovaBridge is the lead party and shares worldwide rights, excluding Greater China and South Korea, equally with ABL Bio.

About NovaBridge

NovaBridge is a global biotechnology platform company committed to accelerating access to innovative medicines. The Company combines deep business development expertise with agile translational clinical development to identify, accelerate, and advance breakthrough assets. By bridging science, strategy, and execution, NovaBridge enables transformative therapies to progress rapidly from discovery toward patients in need.

The Company’s differentiated pipeline is led by givastomig, a potential best-in-class, Claudin 18.2 x 4-1BB bispecific antibody, and VIS-101, a second-in-class, potentially best-in-class bifunctional biologic, targeting VEGF-A and ANG2.

Givastomig conditionally activates T cells via the 4-1BB signaling pathway in the tumor microenvironment where Claudin 18.2 is expressed. Givastomig is being developed to treat Claudin 18.2-positive gastric cancer and other gastrointestinal malignancies. The product candidate is being evaluated in a global, randomized Phase 2 study, following the recent announcement of positive topline results from a Phase 1b, multi-center, open label study in first line gastric cancer. The Company is also collaborating with its partner, ABL Bio, for the development of ragistomig, a bispecific antibody integrating PD-L1 as a tumor engager and 4-1BB as a conditional T cell activator, in solid tumors. Additionally, NovaBridge owns worldwide rights outside of China to uliledlimab, an anti-CD73 antibody that targets adenosine-driven immunosuppression in cancer.

VIS-101 targets VEGF-A and ANG-2 to provide more potent and durable treatment benefits for patients with wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME). VIS-101 is currently completing a randomized, dose-ranging Phase 2a study for wet AMD. NovaBridge is the majority shareholder of Visara, and Visara controls global rights to VIS-101, outside of Greater China and certain countries in Asia.

For more information, please visit www.novabridge.com and follow us on LinkedIn.

Forward Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “believes”, “designed to”, “anticipates”, “future”, “intends”, “plans”, “potential”, “estimates”, “confident”, and similar terms or the negative thereof. NovaBridge may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the SEC), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding: the strategy, clinical development, plans, results, safety and efficacy of givastomig and VIS-101 and its other drug candidates; the strategic and clinical development of NovaBridge’s drug candidates, including givastomig, ragistomig, uliledlimab, and VIS-101; anticipated clinical milestones and results, and related timing. Forward-looking statements involve inherent risks and uncertainties that may cause actual results to differ materially from those contained in these forward-looking statements, including but not limited to the following: the Company’s ability to demonstrate the safety and efficacy of its drug candidates; the Company’s ability to enroll patients and complete clinical studies on the timelines contemplated; the clinical results for its drug candidates, which may or may not support further development or New Drug Application/Biologics License Application (NDA/BLA) approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of the Company’s drug candidates; the Company’s ability to achieve commercial success for its drug candidates, if approved; the Company’s ability to obtain and maintain protection of intellectual property for its technology and drugs; the Company’s reliance on third parties to conduct drug development, manufacturing and other services; the Company’s limited operating history and the Company’s ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and those risks more fully discussed in the “Risk Factors” section in the Company’s annual report on Form 20-F filed with the SEC on April 3, 2025 as well as the discussions of potential risks, uncertainties, and other important factors in the Company’s subsequent filings with the SEC. All forward-looking statements are based on information currently available to the Company. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law.

NovaBridge Investor & Media Contacts

PJ Kelleher
LifeSci Advisors
+1-617-430-7579
[email protected]

NovaBridge Biosciences
+1-240-745-6330
[email protected]


FAQ**

How does the ongoing Phase 2 study of givastomig align with I-MAB IMAB's strategic goals in targeting emerging therapies for gastric cancer, particularly regarding market opportunities and competitive positioning by 2030?

The Phase 2 study of givastomig aligns with I-MAB's strategic goals by positioning it as an innovative player in the gastric cancer market, targeting unmet needs and enhancing competitive positioning to capitalize on significant market opportunities by 2030.

In light of promising Phase 1b results for givastomig, what insights can I-MAB IMAB provide on the anticipated challenges for patient enrollment and retention during the global Phase 2 study?

I-MAB IMAB may face challenges in patient enrollment and retention for the Phase 2 study of givastomig due to factors such as competition with existing therapies, eligibility criteria complexities, potential side effects, and patient willingness to participate in a global trial.

What role could I-MAB IMAB play in enhancing the commercial prospects of givastomig, especially considering the projected $12 billion market for gastric cancer treatments by 2030?

I-MAB IMAB could significantly enhance the commercial prospects of givastomig by leveraging its expertise in monoclonal antibody development and its partnerships to accelerate market entry and differentiation in the projected $12 billion gastric cancer treatment market by 2030.

Given the innovative nature of givastomig as a CLDN18.2 x 4-1BB bispecific antibody, how does I-MAB IMAB evaluate the risk-benefit profile regarding potential market entry strategies in the metastatic gastric cancer segment?

I-MAB evaluates the risk-benefit profile of givastomig's market entry in metastatic gastric cancer by analyzing clinical efficacy, safety data, competitive landscape, regulatory pathways, and reimbursement potential to strategically position the bispecific antibody for successful adoption.

**MWN-AI FAQ is based on asking OpenAI questions about NovaBridge Biosciences Sponsored ADS (NASDAQ: NBP).

NovaBridge Biosciences Sponsored ADS

NASDAQ: NBP

NBP Trading

1.85% G/L:

$3.31 Last:

367,687 Volume:

$3.25 Open:

mwn-alerts Ad 300

NBP Latest News

NBP Stock Data

$393,278,372
87,740,175
N/A
14
N/A
Biotechnology & Life Sciences
Healthcare
US
Rockville

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App