Phanes Therapeutics Announces Expansion of Clinical Trial Collaboration and Supply Agreement with Merck to Evaluate Spevatamig in Combination with KEYTRUDA® (Pembrolizumab) and Chemotherapy for Treatment of Biliary Tract Cancer

On July 21, 2026 Phanes Therapeutics, Inc. (Phanes), a clinical stage biotech company focused on innovative drug discovery and development in oncology, reported it has expanded their clinical trial collaboration with Merck (known as MSD outside of the US and Canada) to study spevatamig in combination with Merck’s anti-PD-1 therapy, KEYTRUDA (pembrolizumab), and chemotherapy in 1L BTC.

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"We are very pleased to expand the clinical trial collaboration and supply agreement to include BTC, a devastating cancer with high unmet medical needs," said Ming Wang, PhD, MBA, CEO of Phanes. "This reflects our vision of leveraging the combination of innate immunity enhancers (I2Es) with other therapies to target hard-to-treat cancers."

Spevatamig is an I2E, an emerging class of IO agents. I2Es are expected to activate macrophages and dendritic cells to recognize and destroy cancer cells, providing a potential complementary mechanism to leverage the immune system to attack tumors, especially the so-called "cold tumors" that are less likely to respond to immune checkpoint inhibitors (ICIs).

KEYTRUDA is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA.

ABOUT SPEVATAMIG

Spevatamig is a first-in-class native IgG-like bispecific antibody (bsAb) targeting claudin 18.2 and CD47. It was granted orphan drug designation (ODD) for the treatment of pancreatic cancer by the FDA in 2022 and was granted Fast Track designation for the treatment of patients with metastatic claudin 18.2-positive pancreatic adenocarcinoma in 2024. In 2023, Phanes entered into a clinical collaboration agreement with Merck (known as MSD outside of the US and Canada) to study spevatamig in combination with pembrolizumab.

Phanes is conducting clinical trials with spevatamig in multiple cancer indications, including a Phase 2 study evaluating the efficacy of spevatamig in combination with chemotherapy in first-line PDAC patients. Spevatamig is a novel immunotherapy which has the potential to become the first I2E for a solid tumor indication and is combinable with various anti-cancer therapies.

(Press release, Phanes Therapeutics, JUL 21, 2026, View Source [SID1234669346])

Compugen to Participate in BTIG Biotechnology Conference 2026

On July 21, 2026 Compugen Ltd. (NASDAQ: CGEN) (TASE: CGEN) a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery powered by AI/ML, reported that management will present and hold 1×1 meetings at the BTIG Biotechnology Conference 2026 taking place virtually from July 28-29, 2026.

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Please reach out to your BTIG representative to request a meeting.

A replay for this event will not be available.

(Press release, Compugen, JUL 21, 2026, View Source [SID1234669345])

Verismo Therapeutics Expands KIR-CAR Solid Tumor Treatment Pipeline with Novel Binder Developed at Penn Targeting Claudin 6 (CLDN6)

On July 21, 2026 Verismo Therapeutics, a clinical-stage multi-chain CAR T cell therapy company pioneering a novel KIR-CAR platform technology, reported a new preclinical KIR-CAR program targeting the clinically validated Claudin 6 (CLDN6) antigen to treat CLDN6-expressing solid tumors via a novel binder developed at the University of Pennsylvania Perelman School of Medicine (Penn) through a Verismo-sponsored research agreement. The program is designed to complement Verismo’s lead solid tumor asset SynKIR-110, which targets mesothelin antigen and is currently being evaluated at multiple sites in the U.S. in the STAR-101 Phase 1 clinical trial (NCT05568680). The new CLDN6 novel binder is the second binder discovered in collaboration with Penn. The first binder, DS191, is used in SynKIR-310, which is being evaluated in the CELESTIAL-301 Phase 1 trial for treating patients with relapsed or refractory B cell non-Hodgkin lymphomas (NCT06544265).

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"Penn has been a foundational scientific partner for Verismo, particularly in the development of novel binders to advance our multi-chain KIR-CAR platform," said Laura Johnson, Ph.D., Chief Scientific Officer and Chief Operating Officer of Verismo Therapeutics. "We are excited to expand our preclinical assets with CLDN6 for targeting solid tumors in cancers with high unmet needs, especially as a complement to our lead candidate SynKIR-110, which recently reported positive early clinical data at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) meeting, for advanced mesothelin-expressing solid tumors, including ovarian cancer, mesothelioma, and cholangiocarcinoma. Our goal is simple: to make life better for patients with cancer who have run out of options."

Recent clinical advancements have established CLDN6 as a validated solid tumor target for CAR T cells, antibody-drug conjugates (ADCs), and bispecific immune therapies demonstrating anti-tumor activity across multiple CLDN6-positive cancers.¹ CLDN6 has emerged as a promising target for next-generation immunotherapies due to its expression in a variety of cancers and its limited or absent expression in healthy adult tissues. Improving the persistence and durability of response — a leading cause of CAR T failure in solid tumors — has been identified as the next major hurdle in the field, a challenge that the design of Verismo’s multi-chain KIR-CAR platform is built to address.

About the CLDN6 Binder Discovery and Verismo-Penn Collaboration

Our new preclinical program is built around a novel CLDN6-directed binder discovered at Penn through a Verismo-sponsored research agreement. The binder was identified by Prof. Donald Siegel, M.D., Ph.D., Co-Founder and Co-Chair of Verismo’s Scientific Advisory Board and Professor of Pathology and Laboratory Medicine and Founding Director of the Division of Transfusion Medicine & Therapeutic Pathology at Penn. Dr. Siegel previously led the discovery of Verismo’s DS191 binder.

"CLDN6 is one of the most compelling tumor-specific antigens to emerge in solid tumor immunotherapy, with highly restricted expression in healthy adult tissues and clinically validated activity across multiple solid tumor cancers," said Dr. Siegel. "We identified this CLDN6 binder through the same rigorous in-house discovery approach that produced the DS191 binder now being used to treat patients in the CELESTIAL-301 Phase 1 SynKIR-310 trial. We look forward to continuing our work with Verismo to expand the potential impacts of the multi-chain KIR-CAR platform across different cancers with unmet need."

Bryan Kim, CEO and Co-Founder of Verismo Therapeutics, said, "Pairing the CLDN6 antigen with Verismo’s multi-chain KIR-CAR architecture is a deliberate strategy designed to address challenges that have limited prior CLDN6-directed (and other solid-tumor) approaches. We are fortunate to be working with Dr. Siegel and the outstanding research team at Penn to assess the potential for our multi-chain KIR-CAR platform to overcome the limitations of current CAR T therapies in the treatment of solid tumors."

(Press release, Verismo Therapeutics, JUL 21, 2026, View Source [SID1234669344])

Atossa Therapeutics Announces Presentation of Mechanism-Driven (Z)-Endoxifen Data in McCune-Albright Syndrome at AACR Special Conference on Rare Cancers

On July 21, 2026 Atossa Therapeutics, Inc. (NASDAQ: ATOS) ("Atossa" or the "Company"), a clinical-stage biopharmaceutical company developing novel therapies in oncology and other areas of significant unmet clinical need, reported that a poster presentation titled "Dual estrogen receptor and PKC-β signaling modulation by (Z)-Endoxifen: A mechanism-driven therapeutic strategy for estrogen-driven pathology in McCune-Albright Syndrome" was presented at the AACR (Free AACR Whitepaper) Special Conference in Cancer Research: Breaking Barriers in the Fight Against Rare Cancers, which took place July 18-20, 2026, in Vancouver, BC, Canada.

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Presentation Details

Session Type: Poster Session A

Date: Saturday, July 18, 2026, 7:30-9:30 pm PT

Abstract Number: A010

Location: AACR (Free AACR Whitepaper) Special Conference in Cancer Research: Breaking Barriers in the Fight Against Rare Cancers, Vancouver, BC, Canada

Poster Title: Dual estrogen receptor and PKC-β signaling modulation by (Z)-Endoxifen: A mechanism-driven therapeutic strategy for estrogen-driven pathology in McCune-Albright Syndrome

Presenter: Sandra Hammer, PhD, Atossa Therapeutics Inc.

Summary: The poster supports a dual mechanism of action for (Z)-endoxifen in estrogen-driven pathology relevant to McCune Albright Syndrome-associated Peripheral Precocious Puberty (MAS-PPP): the blockade of ER-mediated transcription downstream of autonomous estrogen production and suppression of PKC-β/AKT-associated proliferative and cell-cycle signaling. This multi-pathway profile may address a key therapeutic gap in MAS-PPP, where estrogen suppression alone may not fully mitigate downstream proliferative signaling.

These findings support further evaluation of (Z)-endoxifen as a targeted therapeutic strategy for MAS-PPP and illustrate how transcriptomic and kinase-network integration can enable therapeutic repositioning for rare endocrine-driven diseases with limited dedicated drug development. They also highlight the potential relevance of (Z)-endoxifen to estrogen-driven neoplasms.

Key Highlights

McCune-Albright Syndrome (MAS) is a rare mosaic disorder driven by activating GNAS mutations that can result in autonomous estrogen production and chronic estrogen receptor activation.
Activating GNAS alterations are recognized oncogenic drivers in multiple neoplasms, positioning MAS a genetically defined model of chronic proliferative signaling that is highly relevant to rare tumor biology.
The poster evaluates (Z)-endoxifen, the active metabolite of tamoxifen, as a mechanism-driven strategy to modulate both estrogen receptor signaling and non-ER proliferative kinase pathways relevant to estrogen-driven MAS symptomatology, peripheral precocious puberty.
The analysis used weighted gene expression signatures in ER-positive MCF7 cells and integrated published phosphoproteomic and RNA-seq datasets to assess modulation of PKC-β and AKT signaling pathways.
The analysis identified a shared estrogen-responsive gene network and showed that (Z)-endoxifen markedly downregulated cell-cycle progression programs, including G2M Checkpoint and E2F Targets, while concurrently modulating estrogen-response pathways.
Integration of published mechanistic data further demonstrated that (Z)-endoxifen targets PKC-β1, promotes its dephosphorylation and degradation, and inhibits PMA-induced PKC-β1 and AKT phosphorylation.
"MAS related PPP remains a rare and underserved condition where current approaches focus primarily on reducing estrogen production but may not fully address downstream ER-dependent and proliferative signaling," said Dr. Steven C. Quay, M.D., Ph.D., President and Chief Executive Officer of Atossa Therapeutics. "These data support the potential of (Z)-endoxifen as a differentiated, mechanism-driven candidate that may simultaneously modulate estrogen receptor biology and PKC-β/AKT-associated cell-cycle signaling. This finding has direct relevance to several tumor types."

About McCune-Albright Syndrome

MAS is an extremely rare genetic disorder caused by activating mutations in the GNAS gene, leading to mosaic endocrine dysregulation. Because it is so rare and has a broad spectrum of symptoms, diagnosis can be challenging. The disease is characterized by a triad of symptoms: Polyostotic Fibrous Dysplasia: replacement of normal bone with weak, fibrous tissue, leading to fractures, deformities, and pain; Café-au-lait Spots: hyperpigmented skin patches with irregular, "jagged" borders that typically respect the body’s midline; and Hyperfunctioning Endocrinopathies: commonly known as precocious puberty, where children (especially girls) may begin puberty as early as age two. In pediatric patients, MAS commonly presents with gonadotropin-independent precocious puberty, particularly in females, which can result in accelerated growth, premature epiphyseal closure, and reduced adult height. Additional complications may include thyroid dysfunction, growth hormone excess, and other endocrine abnormalities. There are currently limited effective treatment options, highlighting the need for new therapeutic approaches.

(Press release, Atossa Therapeutics, JUL 21, 2026, View Source [SID1234669343])

Tempest Announces Development Collaboration with Senlang Biotechnology for TPST-4003, a CD7-Targeted Next-Generation In Vivo CAR-T

On July 21, 2026 Tempest Therapeutics, Inc. (Nasdaq: TPST) ("Tempest"), a clinical-stage biotechnology company developing a pipeline of advanced chimeric antigen receptor T-cell ("CAR-T") product candidates, reported a strategic partnership with Hebei Senlang Biotechnology Co., Ltd. ("Senlang"), a clinical-stage cell therapy company with extensive expertise in CD7-targeted CAR-T development and clinical translation. Under the agreement, Tempest and Senlang will collaborate to develop Tempest’s proprietary TPST-4003 product candidate, beginning with an investigator-initiated trial ("IIT") in China evaluating TPST-4003 in approximately 10 patients with myasthenia gravis ("MG") or multiple sclerosis ("MS"). The company expects first patient enrollment and dosing to occur in the fourth quarter of 2026.

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The initial study is designed to generate clinical evidence of safety, pharmacodynamic ("PD") activity, and therapeutic potential of TPST-4003, building on promising findings from related pipeline preclinical and clinical research. Under the agreement, Senlang will coordinate and support trial execution in China, leveraging its extensive experience in clinical development of advanced CAR-T therapies. Additionally, the agreement grants Senlang an exclusive option to negotiate and enter into a definitive license agreement for TPST-4003 in China.

"This collaboration represents an important step in developing TPST-4003," said Matt Angel, Ph.D., President and Chief Executive Officer of Tempest. "Through this partnership, we plan to rapidly and efficiently advance into first-in-human studies to generate clinical evidence in support of our next generation in vivo CAR-T pipeline and platform technologies. We expect to begin dosing patients in the fourth quarter of this year with initial safety and PD data from the first patients expected as early as the first half of 2027."

"Based on our extensive clinical-stage experience in CD7-targeted CAR-T therapies, we believe CD7 represents a highly attractive target for next-generation cell therapies," said Shengmin Guo, Founder and Chief Executive Officer of Senlang Biotechnology. "We are excited to partner with Tempest to combine our CD7 expertise with Tempest’s innovative CD7-targeted mRNA/LNP delivery platform and clinically validated CD19/BCMA CAR architecture to advance TPST-4003 into first-in-human studies."

The initial trial is expected to assess the safety, cellular kinetics and pharmacodynamic activity of TPST-4003 in patients with MG or MS. Key assessments are expected to include treatment-emergent adverse events; the generation and expansion of peripheral blood CD4+ and CD8+ CAR-T cells and CD56+ CAR-NK cells; CAR transgene copy number; and the depth and kinetics of CD19+ B-cell depletion and B-cell subset reconstitution. Where clinically appropriate, exploratory assessments may also include the detection of CAR-positive immune cells in cerebrospinal fluid and the evaluation of B-cell depletion in lymphoid tissue. Disease-specific clinical activity will be evaluated using established measures.

About TPST-4003

TPST-4003 is an in vivo dual-targeting CD19/BCMA CAR-T product candidate that combines proprietary CD7-targeted mRNA/LNP delivery with a clinically validated dual-target CAR architecture utilized in the company’s TPST-2003 CAR-T program. Targeting broad B-cell lineage depletion and reset, TPST-4003 is being designed to address a range of autoimmune and oncology indications, initially including myasthenia gravis and multiple sclerosis. TPST-4003 differentiates from other in vivo CAR-T approaches through its CD7-targeted mRNA/LNP delivery strategy, which is designed to enable direct engagement of endogenous CD4+ and CD8+ T-cell populations for CAR generation in vivo.

(Press release, Tempest Therapeutics, JUL 21, 2026, https://ir.tempesttx.com/news-releases/news-release-details/tempest-announces-development-collaboration-senlang [SID1234669342])