Nascent Submits Phase 2 Clinical Research Protocol to FDA for Review and Approval

On April 18, 2023 Nascent Biotech, Inc. (OTCQB:NBIO) ("Nascent Biotech", "Nascent", or the "Company"), a clinical-stage biotechnology Company whose business is focused in the brain cancer space, reported that the Protocol for the Phase 2 clinical trials was submitted to the FDA for review and approval (Press release, Nascent Biotech, APR 18, 2023, https://www.nascentbiotech.com/nascent-submits-phase-2-clinical-research-protocol-to-fda-for-review-and-approval/ [SID1234630248]). The review is required for approval to commence the next phase in the development of Pritumumab ("PTB"). Data related to Phase 1 Clinical Research evaluating safety and tolerance for PTB as a treatment for Primary and Metastatic Brain Cancers has also been submitted to the FDA. The Company anticipates initial comments from the FDA approximately 30 days from the date of filing.

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PTB is a natural human antibody that binds to Cell surface Vimentin (also referred to as ectodomain vimentin), a protein expressed on the surface of epithelial cancers. PTB is used as a targeted immunotherapy and seek out only cancer cells without damaging healthy cells.