Brenus Pharma Welcomes New European and Asia-Pacific Life Sciences Investors in Series A Extension

On July 20, 2026 Brenus Pharma reported an €11 million ($12.6M) extension to its Series A round, bringing total capital raised since inception to €38 million ($43.5M). This funding reflects strong execution across clinical, regulatory, and business development milestones, de-risking STC-1010 (NCT06934538): lead clinical-stage in-vivo immunotherapy for MSS mCRC, while positioning the company’s proprietary platform for multi-asset expansion.

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The round was supported by strong follow-on participation from existing investors, including Angelor, UI Investissement (managing FRAI), Crédit Agricole (CACE Création, CACF Capital Innovation), Noshaq, Orsa (formerly Investsud), BIO JAG, and Bpifrance (through non-dilutive funding). This round also welcomes two new international investors: Sambrinvest, strengthening the company’s European shareholder base, and Korea Omega Investment Corp, marking its first institutional investment from the Asia-Pacific region.

"We couldn’t be more confident in our first investment in France. The company combines truly differentiated technology with early clinical validation and team executing at pace. This is exactly the type of European innovation we want to support as we expand our portfolio internationally. We look forward to supporting Brenus as it advances its innovation toward a new treatment for patients with significant unmet medical needs." Dae Kyeong Bae, Senior Vice President at Korea Omega Investment Corp.

"We are proud to welcome international investors who share our vision, and grateful for the continued confidence of our existing backers. This funding will enable us to complete the Phase I program and continue accelerating our in vivo immunotherapy platform by advancing our next drug candidate. I would also like to thank our historical investors for their trust and support," said Paul Bravetti, CEO of Brenus Pharma.

(Press release, Brenus Pharma, JUL 20, 2026, View Source [SID1234669332])

Lupin Spins Out Two Oncology Programs to Kaveri Therapeutics to Advance its Oncology Strategy

On July 20, 2026 Lupin Limited (Lupin) (BSE: 500257) (NSE: LUPIN) (REUTERS: LUPIN.BO) (BLOOMBERG: LPCIN) reported the strategic spin-out of two oncology programs – LNP7457 (PRMT5) and LNP8701 (SOS1), through its wholly owned subsidiary, Lupin Inc., into Kaveri Therapeutics Inc. (Kaveri), a U.S.-based clinical-stage oncology company. Kaveri will advance these programs through global clinical trials.

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Under the terms of the agreement, Lupin Inc. will have a significant equity stake in Kaveri, provide seed funding, and grant them exclusive rights to the programs.

Kaveri will operate as an independent entity under the leadership of Chief Executive Officer Kristi Jones, a seasoned biopharmaceutical leader with a strong track record of building and advancing innovative companies, and Chief Medical Officer Dr. Robert Pierce, who brings deep clinical expertise and will lead the company’s clinical development strategy.

Kaveri will seek to raise additional capital to fund its clinical development efforts. Notably, both programs have demonstrated encouraging clinical progress, with LNP7457 (PRMT5) and LNP8701 (SOS1) each reporting positive data at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) meeting in 2025 and 2026, respectively.

"We are proud to have pioneered these oncology assets and look forward to advancing them through Kaveri Therapeutics," said Vinita Gupta, Chief Executive Officer, Lupin. "The strength of these assets, combined with Kaveri’s seasoned leadership team, positions us to accelerate the development of targeted oncology therapies with the goal of bringing meaningful innovation to patients."

(Press release, Lupin, JUL 20, 2026, View Source [SID1234669331])

Akeso Doses First Patient in Phase II Study of Novel TROP2/Nectin-4 Bispecific ADC (AK146D1) in Combination with Ivonescimab for Advanced NSCLC

On July 20, 2026 Akeso, Inc. (9926.HK) ("Akeso" or the "Company") reported that the first patient has been dosed in a Phase II clinical study (AK146D1-201) evaluating its internally developed TROP2/Nectin-4 bispecific antibody-drug conjugate (ADC), AK146D1, in combination with ivonescimab (the Company’s PD-1/VEGF bispecific antibody) in patients with advanced non-small cell lung cancer (NSCLC). The study will explore the therapeutic potential of this combination, with a particular emphasis on the first-line treatment setting.

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The advancement of ADC 2.0 candidates AK146D1 and AK138D1 into Phase II trials marks a critical milestone for Akeso’s "IO2.0 + ADC2.0" strategy. Built upon our proprietary bispecific and multispecific antibody technology alongside our innovative IO2.0 portfolio, this progress underscores our commitment to elevating the standard of care for major global diseases like lung cancer. Furthermore, it reinforces our cancer therapy matrix, positioning Akeso with distinct, cross-generational competitive advantages in the global market.

In the immuno-oncology (IO) arena, Akeso stands as the only company globally with two approved bispecific antibodies for cancer immunotherapy. The Company is actively evaluating ivonescimab and cadonilimab in combination with its pipeline of proprietary next-generation ADC2.0 agents. Increasingly, global partners recognize both ivonescimab and cadonilimab as preferred agents for combination regimens and breakthrough therapy explorations across a wide spectrum of tumor types.

Within the ADC landscape, Akeso has established a pipeline of breakthrough next-generation candidates, with AK146D1, AK138D1, AK157D1, and AK158D1 (a bispecific ADC) already in clinical development. These novel agents are designed to overcome the narrow therapeutic window and safety limitations frequently observed in conventional ADCs, effectively ushering ADC therapy into a new 2.0 era.

Ivonescimab, a first-in-class PD-1/VEGF bispecific antibody, has demonstrated clinically transformative benefits compared to PD-1 inhibitor-based therapies across multiple Phase III studies, supported by a robust body of clinical evidence. AK146D1 is an ADC2.0 agent that exhibits potent antitumor activity and a favorable safety profile. The combination of AK146D1 and ivonescimab holds the potential to significantly enhance clinical efficacy, reduce treatment-related toxicity, and broaden the range of eligible patients. By addressing the multifaceted clinical limitations of conventional immunotherapy and current ADC therapies, this regimen aims to emerge as a next-generation solution that offers superior efficacy and safety for patients with cancer.

(Press release, Akeso Biopharma, JUL 20, 2026, View Source [SID1234669330])

Antengene Announces Poster Presentation of ATG-022 and ATG-037 at ESMO 2026

On July 20, 2026 Antengene Corporation Limited ("Antengene", SEHK: 6996.HK), a leading innovative, commercial-stage global biotech company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class medicines for autoimmune diseases, solid tumors and hematological malignancies, reported that two clinical abstracts featuring the latest results from the Phase II study of Claudin 18.2 antibody-drug conjugate (ADC) ATG-022 and the Phase Ib/II study of oral CD73 small-molecule inhibitor ATG-037 have been accepted for poster presentation at the 2026 European Society for Medical Oncology Annual Congress (ESMO 2026), taking place from October 23rd to October 27th, 2026, at the IFEMA MADRID Convention Center in Madrid, Spain.

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Details of the Poster Presentation:

ATG-022 (Claudin 18.2 Antibody-Drug Conjugate)
Title: ATG-022, a Claudin 18.2 ADC, in Advanced Gastric and Gastroesophageal Junction Cancer (CLINCH): Phase 2 Results
Presentation Number: 2886P
Date: October 25, 2026
Time: 12:00PM-12:45PM (Central European Time)
7:00PM-7:45PM (Beijing Time)

ATG-037 (Oral CD73 Small Molecule Inhibitor)
Title: Efficacy and safety of ATG-037, an oral CD73 inhibitor, plus pembrolizumab in patients with checkpoint inhibitor (CPI) resistant melanoma: Updated results from the STAMINA-01 trial
Presentation Number: 2087P
Date: October 24, 2026
Time: 12:00PM-12:45PM (Central European Time)
6:00PM-6:45PM (Beijing Time)

(Press release, Antengene, JUL 20, 2026, View Source [SID1234669329])

Marengo Secures ESMO 2026 Oral Presentation for Key Phase 2 Invikafusp Alfa Data in PD-1-Resistant Solid Tumors and Appoints Pembrolizumab Development Leader Eric Rubin, M.D., to Scientific Advisory Board

On July 20, 2026 Marengo Therapeutics, Inc., a clinical-stage biotechnology company pioneering precision immunotherapies, reported that key Phase 2 data from the ongoing STARt-001 study of invikafusp alfa, a first-in-class bispecific dual T-cell agonist, have been selected for an oral presentation at the European Society for Medical Oncology (ESMO) (Free ESMO Whitepaper) Congress 2026. The presentation will evaluate invikafusp alfa’s single-agent activity in patients whose cancers have progressed following PD-1–directed treatment, using biomarker-enriched cohorts to identify patients most likely to benefit. The company also appointed renowned oncology drug developer Eric Rubin, M.D., to its Scientific Advisory Board.

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The ESMO (Free ESMO Whitepaper) presentation will feature updated clinical and translational data from tumor mutational burden-high (TMB-H) patients with advanced solid tumors that are refractory or resistant to PD-1–directed therapy. Building on data reported at SITC (Free SITC Whitepaper) 2025, the results will further assess whether selective activation of Vβ6/Vβ10 T-cell subsets in vivo can generate single-agent activity across biomarker-enriched tumor types after PD-1 resistance.

"Selection of our Phase 2 data for an ESMO (Free ESMO Whitepaper) oral presentation reflects the encouraging clinical efficacy signal from the ongoing Phase 2 study of invikafusp alfa and its differentiated biology," said Zhen Su, M.D., M.B.A., Chief Executive Officer of Marengo Therapeutics. "STARt-001 is designed to test single-agent activity after PD-1–directed treatment has stopped working, using a biomarker-enriched strategy such as TMB-H. These studies will help us determine whether selective activation of Vβ6/Vβ10 T-cell subsets can support a broader pan-tumor development strategy. Eric led the initial development of KEYTRUDA and its broad immuno-oncology backbone development strategy, and his experience will be invaluable as we rigorously evaluate invikafusp alfa’s potential."

Dr. Rubin’s appointment strengthens Marengo’s scientific leadership in precision T-cell activation research as invikafusp alfa enters its next stage of development. His experience leading the initial development of KEYTRUDA and large-scale oncology clinical programs will inform Marengo’s strategy for evaluating invikafusp alfa for single-agent activity in biomarker-selected, heavily pretreated PD-1–resistant cancers and, over time, as a potential combination backbone in larger and earlier-line settings.

"Invikafusp alfa is one of the more compelling novel immunotherapy approaches I have seen in recent years," said Eric Rubin, M.D. "Its precision T-cell agonist mechanism provides a strong rationale for testing single-agent activity after PD-1 resistance while avoiding broad activation of the entire T-cell compartment. The biomarker-enriched design of STARt-001 should help define the patients and tumor settings in which this approach may offer the greatest benefit and inform its potential role in future combination strategies."

Dr. Rubin brings more than 35 years of cancer drug-development experience across academic and industry settings, including leading large-scale oncology clinical programs. Most recently, he was Senior Vice President of Global Clinical Oncology at Merck, where he held several senior leadership roles during his 16-year tenure and led the initial development of pembrolizumab (KEYTRUDA). Earlier, he served on the faculty of Dana-Farber Cancer Institute and as Director of Investigational Therapeutics at Rutgers Cancer Institute of New Jersey, with a research focus on oncology translational science.

Dr. Rubin has authored more than 100 peer-reviewed publications and served on national research and policy committees, including for the National Cancer Institute, American Cancer Society, American Association for Cancer Research (AACR) (Free AACR Whitepaper) and American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper).

Presentation Details:

Title: START-001: Phase 2 results of invikafusp alfa, a first-in-class T cell receptor β-chain–targeted bispecific antibody, as monotherapy in patients with TMB-H solid tumors resistant to immune checkpoint blockade (ICB)
Conference: ESMO (Free ESMO Whitepaper) Annual Meeting 2026
Session Category and Title: Proffered paper: Investigational immunotherapy
Session Date and Time: Friday October 23 2026, 1:30 – 3:00 PM CET
Presentation Number: #4703
Presenter: Dr. Elena Garralda

(Press release, Marengo Therapeutics, JUL 20, 2026, View Source [SID1234669328])