Corbus Pharmaceuticals stock rises after ESMO abstract acceptance

Published 30/07/2025, 16:08
© Reuters.

Investing.com -- Corbus Pharmaceuticals Holdings Inc. (NASDAQ:CRBP) stock rose 2.4% following the announcement that an abstract on its CRB-701 clinical study has been accepted for presentation at the European Society for Medical (TASE:BLWV) Oncology (ESMO) Congress 2025.

The abstract details updated clinical data from the company’s Phase 1/2 study of CRB-701, a next-generation Nectin-4-targeting antibody-drug conjugate being tested in patients with urothelial and non-urothelial solid tumors. The poster presentation is scheduled for October 19, 2025, at the congress in Berlin, Germany.

The ongoing three-part Phase 1/2 study is evaluating CRB-701’s safety, pharmacokinetics, and efficacy in patients with advanced solid tumors that express high levels of Nectin-4. The study has completed Part A dose escalation, which tested four predetermined doses, and is currently in Part B (dose optimization) with dosing at 2.7 mg/kg and 3.6 mg/kg in head and neck squamous cell carcinoma, cervical, and metastatic urothelial carcinoma tumors.

Corbus, a clinical-stage company focused on oncology and obesity, expects to complete dose optimization and identify a recommended Phase 2 dose in the fourth quarter of 2025. The study is being conducted across sites in both the United States and Europe.

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