Disc Medicine Announces Oral Presentation of Data from RALLY-MF Phase 2 Trial of DISC-0974 in Patients with Myelofibrosis and Anemia at the American Society of Clinical Oncology (ASCO) Annual Meeting

On April 21, 2026 Disc Medicine, Inc. (NASDAQ:IRON), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases, reported that it will present data from the RALLY-MF Phase 2 trial of DISC-0974 in anemia of myelofibrosis (MF) in an oral abstract session at the upcoming American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Annual Meeting, which will be held in Chicago, IL on May 29-June 2, 2026.

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"Initial data from the RALLY-MF trial showed anemia response rates that are unprecedented in the hard-to-treat myelofibrosis population," said John Quisel, J.D., Ph.D., President and Chief Executive Officer of Disc Medicine. "We look forward to bringing a more complete dataset, with additional data from patients receiving transfusions, to the ASCO (Free ASCO Whitepaper) stage."

The abstract will be published online on the ASCO (Free ASCO Whitepaper) conference website on May 21, 2026. Pursuant to Disc Medicine practice, the abstract published will contain previously presented data, and new data and analyses are reserved for presentation at the conference.

DISC-0974 is an investigational agent and is not approved for use as a therapy in any jurisdiction worldwide.

Details of Oral Presentation:

Abstract Number: 6501
Abstract Title: RALLY-MF: Initial efficacy of a phase 2 study of DISC-0974, an anti-hemojuvelin antibody, to treat anemia in myelofibrosis.
Session Type/Title: Oral Abstract Session – Hematologic Malignancies—Leukemia, Myelodysplastic Syndromes, and Allotransplant
Session Date and Time: June 2, 2026, 9:45 AM-12:45 PM CDT
Presenting Author: Naseema Gangat, M.B.B.S.

(Press release, Disc Medicine, APR 21, 2026, View Source [SID1234664607])

Nektar Therapeutics Announces Pricing of Upsized $325 Million Public Offering

On April 21, 2026 Nektar Therapeutics (Nasdaq: NKTR), a clinical-stage biotechnology company focused on the development of innovative medicines in the field of immunotherapy, reported the pricing of its upsized underwritten public offering of $325 million of shares of its common stock. Nektar is selling 3,532,609 shares of common stock at a public offering price of $92.00 per share. The gross proceeds to Nektar from the offering are expected to be approximately $325 million, before deducting underwriting discounts and commissions and estimated offering expenses. In addition, Nektar has granted the underwriters a 30-day option to purchase up to an additional 529,891 shares of its common stock at the public offering price per share, less underwriting discounts and commissions. All of the securities being sold in this offering are being offered by Nektar. The offering is expected to close on April 23, 2026, subject to the satisfaction of customary conditions.

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Nektar intends to use the net proceeds from the offering for general corporate purposes, which may include research and development, clinical development (including Phase 3 trials for rezpegaldesleukin in atopic dermatitis and alopecia areata) and manufacturing costs to support the advancement of its drug candidates, as well as other general corporate purposes.

Jefferies, TD Cowen, and Piper Sandler are acting as joint bookrunning managers for the offering. Citigroup is also acting as a bookrunner for the offering.

The securities described above are being offered pursuant to a shelf registration statement on Form S-3ASR (No. 333-291466) that was filed with the U.S. Securities and Exchange Commission (the "SEC") on November 12, 2025 and automatically became effective upon filing. This offering is being made only by means of a prospectus supplement and an accompanying prospectus that form a part of the registration statement.

A final prospectus supplement related to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website located at www.sec.gov. Copies of the final prospectus supplement and an accompanying prospectus related to the offering may also be obtained, when available, from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by telephone at (877) 821-7388, or by email at [email protected]; TD Securities (USA) LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at [email protected]; Piper Sandler & Co., 350 North 5th Street, Suite 1000, Minneapolis, MN 55401, Attention: Prospectus Department, by telephone at (800) 747-3924, or by email at [email protected]; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146).

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.

(Press release, Nektar Therapeutics, APR 21, 2026, View Source [SID1234664639])

ProstACT Global Phase 3 (Part 1) Selected as Late-Breaking Abstract at ASCO 2026

On April 21, 2026 Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX, "Telix") reported that safety and tolerability data from the ProstACT Global Phase 3 study (Part 1) will be presented as a late-breaking oral presentation at the 2026 American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Annual Meeting, taking place May 29 – June 2, 2026, in Chicago, IL.

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ProstACT Global is an international, multi-center, Phase 3 trial evaluating Telix’s lead prostate-specific membrane antigen (PSMA) targeted lutetium radio antibody-drug conjugate (rADC) therapy, TLX591-Tx (lutetium-177 (¹⁷⁷Lu) rosopatamab tetraxetan), in combination with standard of care (SoC) versus SoC alone. The study is designed to reflect real-world global clinical practice with the aim to support broad geographic adoption in the evolving prostate cancer treatment landscape.

Part 1 of the trial is a safety and dosimetry lead-in, assessing the tolerability, biodistribution, and radiation dose profile of TLX591-Tx when administered in combination with SoC in patients with PSMA-positive metastatic castration-resistant prostate cancer (mCRPC).

The selection of this abstract as a late-breaking oral presentation at ASCO (Free ASCO Whitepaper) underscores the potential clinical significance of the ProstACT Global study and Telix’s continued leadership in advancing next-generation radiopharmaceutical therapies for prostate cancer.

Presentation details are as follows:

Title: Safety and dosimetry of 177Lu-rosopatamab tetraxetan plus SoC in patients with metastatic castration-resistant prostate cancer: Preliminary results from Part 1 of Phase 3 ProstACT Global study.

Presenting Author: Pedro C. Barata, MD, MSc, University Hospitals Seidman Cancer Center, Cleveland, OH.

Abstract Number: LBA5009.

Date, Time and Location: June 1, 2026, 3:12 p.m. – 3:24 p.m. CDT, Arie Crown Theater

Session Type and Title: Clinical Science Symposium – Radiation Re-Imagined: Radioligand Innovation in Prostate Cancer

Late-breaking abstracts will be made publicly available at 7:00 a.m. CDT (8:00 a.m. EDT) on the day of presentation. Additional information can be found at www.asco.org

About ProstAct Global

ProstACT Global (ClinicalTrials.gov ID: NCT06520345) is an international, multi-center trial in two parts: Part 1, safety and dosimetry lead-in with 36 patients (complete); and Part 2, 2:1 randomized global expansion with an overall target enrollment of approximately 490 patients. Eligible patients must have confirmed progressive mCRPC assessed with a 68Ga-PSMA-11 PET1 imaging agent (such as Illuccix, kit for the preparation of gallium-68 (68Ga) gozetotide injection, or Gozellix, kit for the preparation of gallium-68 (68Ga) gozetotide injection) following prior treatment with one androgen receptor pathway inhibitor (ARPI).

The antibody approach demonstrates different targeting and pharmacology to that observed in other PSMA-targeted small molecule radioligand therapies (RLT). In contrast to these therapies2, collective long-term follow-up of patients administered with TLX591-Tx has not observed significant acute or delayed kidney toxicity, as the agent is primarily cleared through the liver, a comparatively radioresistant organ, instead of the kidneys3. Due to its large molecular weight, TLX591-Tx also demonstrates minimal salivary and lacrimal gland uptake, reducing dry mouth and dry eyes, common adverse effects of existing PSMA-targeted RLTs4.

Additional information on the Phase 3 ProstACT Global study can be found at: View Source

TLX591-Tx has not received a marketing authorization in any jurisdiction.

(Press release, Telix Pharmaceuticals, APR 21, 2026, View Source [SID1234664655])

Promatix Biosciences Highlights the Power of its Logic-Gated Proteomics-Driven Bispecific Discovery Platform to Expand the Tumour-Selective Target Space for Next-Generation ADCs at AACR 2026

On April 21, 2026 Promatix Biosciences Ltd (Promatix), an emerging UK-based biotechnology company developing innovative new classes of cancer therapies using cis-bispecific antibodies, reported new data at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting 2026. The data demonstrate how the Company’s proprietary integrated proteomics-driven discovery platform addresses a fundamental limitation in antibody-drug conjugate (ADC) development – the scarcity of truly tumour-selective targets – by systematically identifying complementary antigen pairs and significantly expanding the target landscape for next-generation bispecific ADCs.

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The data are being presented in a poster titled, "Overcoming the Limited Monospecific Target Landscape in Cancer via Discovery of Tumor-Selective AND- and OR-Gate Bispecifics". The poster outlines Promatix’s integrated discovery strategy, combining large-scale proteomic profiling (TxPro) with computational modelling (CipherPro) to identify complementary antigen pairs suitable for tumour-selective bispecific targeting. By exploiting hybrid avidity utilizing an AND-Gate, where both antigens are required for binding, Promatix aims to improve tumour selectivity, enhance efficacy and reduce toxicity.

While advances in payloads, linkers, and conjugation technologies have improved ADC performance, target selection remains a key determinant of therapeutic index and continues to limit innovation in the field. This challenge has driven increasing interest in bispecific ADCs and logic-gated targeting strategies designed to improve selectivity and enable safer, more effective therapies.

"Across the ADC field, target selection is increasingly recognized as the critical bottleneck for achieving meaningful improvements in efficacy and safety," said Dr. Michael Hunter, CEO and Co-Founder of Promatix. "Our integrated platform is designed to overcome this limitation through a systematic, data-driven approach to identifying complementary antigen pairs. It greatly expands the universe of viable tumour-selective targets beyond what conventional monospecific approaches can achieve and provides a scalable foundation for advancing next-generation ADC performance. In ADC development, we believe success will be determined by better targets, which will ultimately lead to better drugs."

Limited Availability of Tumour-Selective Monospecific Targets Highlights Need for Next-Generation Strategies
Using Promatix’s oncology-focused proteomics database, TxPro, comprehensive profiling of surface protein expression across tumours and normal tissues revealed that truly tumour-selective monospecific targets are rare across tumour types, highlighting fundamental biological constraints of conventional single-target ADC strategies. Of the 2,768 surface proteins evaluated, only 575 showed high cancer expression (above 10,000 copies per cell), and, ultimately, just a small subset of 24 proteins demonstrated strong differential expression (DE) on tumour versus normal tissue.

Notably, targets currently used in approved ADCs for solid tumours do not display strong DE profiles, underscoring the limited availability of highly tumour-specific antigens and the inherent safety challenges associated with single-target approaches. In contrast, several of the high-selectivity targets identified by TxPro correspond to antigens with emerging clinical relevance, including CLDN6, for which encouraging early clinical activity has been reported in ovarian cancer.

Current Bispecific Landscape Shows Limited Target Novelty
The current bispecific landscape continues to rely on a limited number of established antigens, with EGFR and MET dominating many existing programs. Overall, target novelty remains low, with only 15.3% of constructs including at least one unique target and just 2.5% incorporating two novel targets. Among explored programs, EGFR × MET demonstrated the most robust complementary expression, reinforcing its role as a reference benchmark.

Promatix Logic-Gated Bispecific Modelling Substantially Expands Target Opportunities
Using the CipherPro logic-gated modelling framework to predict complementary expression patterns, Promatix evaluated 165,025 possible bispecific combinations derived from the 575 tumour-expressed surface proteins identified in TxPro. Logic-gated modelling uses simple Boolean rules like AND or OR to combine multiple inputs and control the final output.

Application of the integrated TxPro + CipherPro platform revealed a marked increase in predicted tumour-selective opportunities across multiple selection criteria. Using a DE threshold greater than 10-fold with AND-gated modelling, 2,164 bispecific combinations were identified compared to only 24 monospecific targets. Even under more stringent expression and normal-tissue filters, the bispecific number remained substantial. Both AND- and OR-gated binding modes were shown to dramatically improve the number of selective targeting opportunities: AND-gated designs delivered the strongest predicted gains in tumour selectivity, while OR-gated strategies supported broader tumour coverage, particularly in heterogeneous disease settings.

Experimental Validation Supports Predictive Power of the Promatix Platform
The TxPro + CipherPro platform identified EGFR × EphA2 as a compelling AND-gated bispecific candidate based on expression patterns across tumour and normal tissues. Minimal overlap of the two targets was observed in normal tissues, while strong tumour co-expression was confirmed experimentally using immunofluorescence staining on a patient colorectal tumour biopsy as well as flow cytometry in colon cancer patient-derived xenograft lines. These results demonstrate the feasibility of selective dual-target engagement and show how computational prediction can be translated into biologically validated bispecific target selection. The EGFR × EphA2 programme, PBS293, is in development for metastatic colorectal cancer and is designed to address a broader patient population, independent of RAS/BRAF mutation status and including right-sided colorectal tumours, for which current treatments, including monoclonal antibodies targeting EGFR, such as cetuximab, are ineffective.

"As the ADC field continues to evolve, expanding the universe of tumour-selective targets will be essential to sustaining innovation," said Dr. Roy Pettipher, Chief Scientific Officer of Promatix. "Our data demonstrate that logic-gated bispecific discovery provides a viable and scalable path toward safer and more effective therapies across many cancer indications. The platform doesn’t just predict new bispecific targets; it identifies combinations that work biologically and can be validated experimentally. Importantly, this approach has already been used to identify a promising ADC candidate, our lead programme, PBS293, targeting EGFR and EphA2 for the treatment of colorectal cancer, demonstrating how predictive discovery can translate into actionable therapeutic programmes."

(Press release, Promatix Biosciences, APR 21, 2026, View Source [SID1234664671])

Merck and Eisai Provide Update on Phase 3 LITESPARK-012 Trial Evaluating First-Line Combination Treatments for Certain Patients With Advanced Renal Cell Carcinoma (RCC)

On April 21, 2026 Merck (NYSE: MRK), known as MSD outside of the United States and Canada, and Eisai reported results from the Phase 3 LITESPARK-012 trial evaluating combination regimens for the first-line treatment of patients with advanced clear cell renal cell carcinoma (RCC). The trial evaluated the triplet therapy of KEYTRUDA (pembrolizumab), Merck’s anti-PD-1 therapy, plus LENVIMA (lenvatinib), the orally available multiple receptor tyrosine kinase inhibitor (TKI) discovered by Eisai, plus WELIREG (belzutifan), Merck’s first-in-class, oral hypoxia-inducible factor-2 alpha (HIF-2α) inhibitor. The study also evaluated MK-1308A, the coformulation of KEYTRUDA and quavonlimab, Merck’s investigational anti-CTLA-4 antibody, plus LENVIMA. Both combination regimens were compared to KEYTRUDA plus LENVIMA for these patients.

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At a pre-specified interim analysis, the combination regimens did not meet the dual primary endpoints of progression-free survival (PFS) and overall survival (OS) for the first-line treatment of patients with RCC compared to KEYTRUDA plus LENVIMA. The safety profiles of the combination regimens were consistent with those observed in previously reported studies evaluating the individual medicines and the KEYTRUDA plus LENVIMA combination. A full evaluation of the data from this study is ongoing, and Merck and Eisai will work with investigators to share the results with the scientific community.

"With the LITESPARK-012 trial, we explored whether combining therapies with established activity could improve upon well-established standards set by KEYTRUDA-based regimens, reflecting our commitment to continuously explore ways to improve outcomes for the kidney cancer community," said Dr. M. Catherine Pietanza, Vice President, Global Clinical Development, Merck Research Laboratories. "While these regimens did not demonstrate the results we hoped, the data deepen our understanding of advanced renal cell carcinoma and will help shape the next generation of treatment approaches."

"While we are disappointed that LITESPARK-012 did not meet its primary endpoints, the findings reinforce the central role of KEYTRUDA plus LENVIMA in the first-line treatment of patients with advanced renal cell carcinoma," said Dr. Corina Dutcus, Senior Vice President, Oncology Global Clinical Development Lead at Eisai Inc. "Findings from trials such as this play an important role in shaping health care providers’ perspectives as the treatment paradigm for advanced renal cell carcinoma continues to evolve. We are committed to advancing the care of people living with this disease and we are grateful to the patients, caregivers and investigators whose participation and dedication made this research possible."

Results from the LITESPARK-012 trial do not affect other ongoing trials from the LITESPARK clinical program, including those conducted jointly with Eisai. As previously announced, the U.S. Food and Drug Administration (FDA) has accepted two supplemental New Drug Applications (sNDA) for review based on the Phase 3 LITESPARK-011 trial evaluating WELIREG in combination with LENVIMA for certain previously treated patients with advanced RCC and has set a Prescription Drug User Fee Act (PDUFA), or target action, date of Oct. 4, 2026.

KEYTRUDA is currently approved as adjuvant monotherapy and in combination regimens for appropriate patients with RCC in the U.S., European Union (EU), Japan and other countries around the world. For more information, please see the "Selected KEYTRUDA (pembrolizumab) Indications in the U.S." section below.

KEYTRUDA plus LENVIMA is approved in the U.S., EU, Japan and other countries for the first-line treatment of adult patients with advanced RCC. Lenvatinib is approved as KISPLYX for advanced RCC in the EU.

LENVIMA in combination with everolimus is approved in the U.S., EU and other regions for the treatment of adult patients with advanced RCC following one prior anti-angiogenic therapy.

WELIREG is approved in the U.S., EU, Japan and other countries for the treatment of adult patients with advanced clear cell RCC following a PD-1/PD-L1 inhibitor and 1-2 VEGF-TKIs based on results from the Phase 3 LITESPARK-005 trial.

About LITESPARK-012

LITESPARK-012 is a randomized, open-label Phase 3 trial (ClinicalTrials.gov, NCT04736706) evaluating either the triplet therapy of KEYTRUDA plus LENVIMA plus WELIREG or MK-1308A plus LENVIMA compared to KEYTRUDA plus LENVIMA for the first-line treatment of patients with advanced clear cell RCC. The primary endpoints are PFS, as assessed by blinded independent central review (BICR) according to Response Evaluation Criteria in Solid Tumors version 1.1 (RECIST v1.1) modified to follow a maximum of 10 target lesions and a maximum of 5 target lesions per organ, and OS. Secondary endpoints are objective response rate and duration of response as assessed by BICR according to RECIST v1.1, as well as safety. The study enrolled 1,688 patients who were randomized to receive:

KEYTRUDA (400 mg intravenously [IV] every six weeks [Q6W]) plus LENVIMA (20 mg orally once daily [QD]) plus WELIREG (120 mg orally QD);
MK-1308A (coformulation of pembrolizumab [400 mg] and quavonlimab [25 mg] IV Q6W) plus LENVIMA (20 mg orally QD);
KEYTRUDA (400 mg IV Q6W) plus LENVIMA (20 mg orally QD).
All study drugs were continued until protocol-specified discontinuation criteria. KEYTRUDA and MK-1308A were administered for up to two years (approximately 18 cycles). WELIREG and LENVIMA may have been administered in combination or as a single agent until progressive disease or discontinuation.

About renal cell carcinoma

Renal cell carcinoma is the most common type of kidney cancer, with about nine out of 10 kidney cancer diagnoses being RCC. In 2022, there were about 435,000 new cases of kidney cancer diagnosed and approximately 156,000 deaths from the disease worldwide. Renal cell carcinoma is about twice as common in men as in women. Most cases of RCC are discovered incidentally during imaging tests for other abdominal diseases, and about 70% are a form called clear cell RCC, which tends to be more aggressive and faster spreading. Approximately 30% of patients with kidney cancer are diagnosed at an advanced stage.

(Press release, Eisai, APR 21, 2026, View Source [SID1234664608])