Propanc Biopharma Positions PRP’s EMT-Reversal Mechanism as a Complementary Backbone to Emerging RAS Inhibitors from Revolution Medicines, Inc. and Erasca, Inc.

On September 16, 2026 Propanc Biopharma, Inc. (Nasdaq: PPCB) ("Propanc" or the "Company"), a biopharmaceutical company focused on developing novel treatments for chronic diseases, including recurrent and metastatic cancer, reported a comparative analysis of its lead candidate PRP against recently announced clinical datasets from leading RAS-targeted programs, including Revolution Medicines’ daraxonrasib (RASONQUE; RMC-6236) and Erasca’s pan-RAS molecular glue ERAS-0015.

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The analysis is intended to clarify two distinct layers of tumor biology. RAS inhibitors block oncogenic RAS signaling and have produced practice-changing clinical results in RAS-mutant pancreatic ductal adenocarcinoma (PDAC) and encouraging activity in RAS-mutant non-small cell lung cancer (NSCLC). PRP, a proprietary fixed-ratio combination of the pancreatic proenzymes, trypsinogen and chymotrypsinogen, does not inhibit RAS. Instead, it promotes differentiation of malignant cells toward a more normal phenotype, reverses epithelial-mesenchymal transition (EMT), depletes cancer stem cells (CSCs), and remodels the fibrotic tumor microenvironment (TME).

Propanc believes these mechanisms address residual drivers of resistance, dormancy, and metastasis that can persist after RAS pathway blockade – creating a scientific rationale for combination or sequential use with RAS inhibitors.

A Landmark Moment for RAS-Targeted Therapy

RAS mutations drive approximately 90% of PDAC and roughly 30% of NSCLC. For decades the target was considered undruggable. That landscape has shifted rapidly.

Revolution Medicines – daraxonrasib: In the randomized Phase 3 RASolute 302 trial in previously treated metastatic PDAC, oral once-daily daraxonrasib produced median overall survival (OS) of 13.2 months versus 6.6–6.7 months with investigator’s-choice chemotherapy (hazard ratio 0.40; p < 0.0001), median progression-free survival (PFS) of 7.3 months versus 3.5 months, and an objective response rate (ORR) of approximately 33% versus 12%. The U.S. Food and Drug Administration approved daraxonrasib in August 2026 for pretreated metastatic pancreatic adenocarcinoma. In previously treated RAS-mutant NSCLC, a Phase 1/2 study published in The New England Journal of Medicine reported ORRs of 31–37% across evaluated dose bands; in a docetaxel-naïve subgroup treated at 160–220 mg, confirmed ORR was 42%, disease-control rate 89%, median PFS 8.3 months, and median OS 16.0 months.

Erasca – ERAS-0015: Preliminary Phase 1 monotherapy data from the U.S. AURORAS-1 and China JYP0015M101 trials showed unconfirmed overall response rates (uORR) of 62% in second-line or later KRAS G12X NSCLC at pharmacologically active doses of 16–32 mg once daily, and 75% in the post-checkpoint-inhibitor / platinum 2/3L NSCLC subset. In second-line KRAS G12X PDAC, uORR was 40% at 16–32 mg and 42% at recommended expansion doses of 24–32 mg; a July 2026 update reported a 57% uORR at 8 weeks at the 32 mg recommended expansion dose in 2L+ KRAS G12X PDAC. The program has been generally well tolerated to date, with mostly low-grade treatment-related adverse events and no dose-limiting toxicities reported at disclosed cutoffs. Erasca has described ERAS-0015 as a potentially best-in-class pan-RAS molecular glue and has outlined registration-enabling plans in pancreatic and lung cancers.

These datasets validate RAS as a therapeutically tractable node. They also leave an open clinical question: how to convert high response rates and doubled survival into durable, metastasis-free outcomes when residual mesenchymal and stem-like cells remain.

PRP Preclinical Profile in Advanced PDAC

In orthotopic and patient-derived xenograft (PDX) models of advanced PDAC, three-times-weekly intravenous PRP achieved:

Greater than 90%, mean, tumor-growth inhibition versus vehicle controls (p < 0.001).
Marked reduction in metastatic burden in liver and peritoneum.
Significant TME remodeling, including decreased cancer-associated fibroblast (CAF) activity, reduced fibrosis, and suppression of EMT markers.
Re-sensitization of chemo-resistant PDAC cells to gemcitabine/nab-paclitaxel, supporting lower chemotherapy doses with improved efficacy.
Median overall survival extension of more than 2.5-fold versus controls.
These findings are built on previously reported >85% tumor-growth inhibition, peer-reviewed work on PRP’s effects on PDAC fibroblasts and CSCs, and limited prior compassionate-use experience with related proenzyme formulations that showed signals of prolonged survival and a favorable safety profile with no severe treatment-related adverse events. PRP holds FDA Orphan Drug Designation for pancreatic cancer and is not restricted to a specific RAS genotype.

Important context: PRP efficacy cited here is preclinical. Daraxonrasib and ERAS-0015 data are from human clinical trials. Cross-modality numerical comparisons are directional only and are not head-to-head results.

Comparative Snapshot

Attribute PRP (PPCB) Daraxonrasib ERAS-0015
Modality IV proenzyme combo (trypsinogen + chymotrypsinogen, 1:6) Oral RAS(ON) multi-selective inhibitor Oral pan-RAS molecular glue
Primary node Differentiation / EMT reversal / CSCs / TME Oncogenic RAS(ON) signaling Pan-RAS (KRAS G12X and related)
Evidence stage Preclinical PDAC + limited compassionate use; Phase 1b planned Feb 2027 Phase 3 PDAC (approved Aug 2026); Phase 1/2 NSCLC in NEJM Phase 1 dose-escalation / expansion; registration path outlined
PDAC activity >90% TGI; >2.5× median OS in models; metastasis and fibrosis reduced Ph3 2L: mOS 13.2 vs 6.6–6.7 mo; mPFS 7.3 vs 3.5 mo; ORR ~33% vs ~12% Ph1 2L KRAS G12X: uORR 40–42%; 57% uORR8wk at 32 mg RDE (2L+)
NSCLC activity Not a primary disclosed indication to date Ph1/2 RAS-mutant: ORR 31–37%; docetaxel-naïve subset ORR 42%, mOS 16 mo Ph1 2L+ KRAS G12X: uORR 62%; post-ICI/platinum 2/3L uORR 75%
Genotype limit Not RAS-mutation restricted RAS-mutant tumors (multi-selective, non-G12C-only) RAS / KRAS G12X enriched populations
Resistance biology addressed EMT, CSCs, CAFs, fibrosis, metastasis, chemo-re-sensitization Oncogene-addicted proliferation; adaptive MAPK reactivation remains a known class issue RAS output; combinations (e.g., anti-EGFR) being explored
Sources: Company disclosures & peer-reviewed or conference reports for September 2026. Figures are not from a single comparative trial.

How Reversal of EMT Occurs — and Why It Matters After RAS Blockade

EMT is a developmental program co-opted by carcinomas. When it is activated, epithelial tumor cells lose polarity and adhesion, acquire a mesenchymal, invasive, and stem-like state, and become more resistant to apoptosis, chemotherapy, and targeted agents. In PDAC, EMT is tightly coupled to TGF-β signaling, a dense desmoplastic stroma, CAF activation, and a CSC reservoir that seeds metastasis and late relapse.

Oncogenic RAS feeds this program. KRAS signaling promotes MAPK- and PI3K-dependent transcriptional networks that stabilize EMT transcription factors, loosen cell–cell junctions, and maintain stemness. RAS inhibitors can collapse that upstream drive and produce rapid tumor shrinkage. They do not, by themselves, reliably extinguish cells that have already completed EMT or that reside in a fibrotic niche that limits drug penetration and immune access. Those residual populations are a leading hypothesized source of acquired resistance to RAS-targeted drugs.

PRP acts at a different biological layer:

Proenzyme activation and PAR signaling: After intravenous administration, trypsinogen and chymotrypsinogen are activated and engage proteinase-activated receptors (PAR-1 and PAR-2), which are frequently overexpressed on tumor cells. This cascade is associated with reduced TGF-β pathway output — a master inducer of EMT in late-stage cancer.
Restoration of an epithelial phenotype: Peer-reviewed studies show PRP increases epithelial adhesion proteins such as E-cadherin and β-catenin and decreases EMT transcription factors. Cells become less motile, more adherent, and more differentiated — the operational definition of EMT reversal (sometimes described as mesenchymal-to-epithelial transition, or MET).
Depletion of cancer stem cells: In pancreatic CSC models, PRP reduced ALDH-high cells and surface markers CD44, CD326, and CXCR4; suppressed primary and secondary sphere formation; down-regulated CSC and metastasis gene programs; and impaired tumor engraftment in vivo.
TME and fibroblast remodeling: PRP decreased CAF activity and fibrosis in PDAC models. A less desmoplastic stroma can improve drug delivery and reduce TGF-β-driven conversion of non-stem tumor cells into CSCs — a problem that pathway inhibitors alone do not solve.
Chemo- and pathway-sensitization: By pushing cells out of a mesenchymal, drug-tolerant state, PRP resensitized chemo-resistant PDAC cells to gemcitabine/nab-paclitaxel at lower doses. The same logic applies to RAS inhibitors: a smaller mesenchymal reservoir should theoretically reduce the probability of adaptive escape.
In short, RAS inhibitors turn the oncogenic engine off. PRP is designed to convert the remaining cells back toward a less dangerous epithelial identity and to dismantle the niche that protects them. The two approaches are biologically orthogonal.

Strategic Implication for RAS Inhibitor Developers

For companies such as Revolution Medicines and Erasca, durability — not only response rate — will define long-term competitive position as multiple RAS agents enter the same PDAC and NSCLC populations. Three practical implications follow from the EMT-reversal thesis:

Combination potential: A RAS inhibitor plus an EMT-reversing, CSC-targeting agent could pair rapid cytoreduction with suppression of the cells most likely to seed resistance. PRP’s non-cytotoxic differentiation mechanism and historically benign compassionate-use safety profile make it a candidate for add-on or maintenance designs that RAS companies are already exploring with chemotherapy, anti-EGFR antibodies, and RAS-doublet regimens (for example, zoldonrasib plus daraxonrasib).
Post-progression and maintenance use: When tumors adapt to RAS blockade, mesenchymal drift and fibrotic remodeling are common escape routes. An agent that reverses EMT and reduces CAFs could be sequenced after RAS-inhibitor response to lock in epithelial differentiation and limit metastatic outgrowth.
Broader eligible population: PRP is not genotype restricted. In mixed RAS-mutant / RAS-wild-type settings, or in tumors that lose RAS dependence after therapy, a differentiation backbone could extend benefit beyond the label of any single RAS agent.
Propanc is not announcing a partnership with Revolution Medicines or Erasca. The Company is putting the mechanistic case on record as it advances PRP into first-in-human development and as the RAS field looks beyond first-generation survival gains.

Clinical Path

Propanc plans to initiate a multicenter, open-label Phase 1b first-in-human study of PRP in February 2027 in up to 50 patients with advanced solid tumors, including pancreatic, ovarian, and refractory prostate cancers, at sites in Australia. The two-part design will use Bayesian optimal interval dose escalation with backfill, followed by tumor-specific expansion. PRP is planned as a weekly intravenous infusion on Days 1, 8, 15, and 22 of each 28-day cycle. GMP manufacture, pharmacokinetics assay validation, and ethics submissions are advancing in parallel.

"RAS inhibitors have rewritten what is possible in pancreatic and RAS-mutant lung cancer. That is a genuine inflection point for patients," said James Nathanielsz, Propanc’s Chief Executive Officer. "Our thesis is that turning RAS off is necessary but may not be sufficient. The cells that survive RAS blockade are often the mesenchymal, stem-like cells that PRP differentiate and disarm. If that biology holds in the clinic, PRP could help RAS-focused companies convert high response rates into longer, cleaner remissions."

"EMT is the program that lets a carcinoma leave home, hide, and return," said Dr. Ralf Brandt, Propanc’s Research & Development Director. "PRP does not compete with daraxonrasib or ERAS-0015 at the GTPase. It reverses the downstream identity change those tumors used to resist almost every class of drug. That is why we see suppression of EMT markers, loss of CSC phenotypes, less fibrosis, fewer metastases, and more than a two-and-a-half-fold survival extension in PDAC models. Those are the exact liabilities a RAS inhibitor leaves on the table."

(Press release, Propanc, SEP 16, 2026, View Source [SID1234670901])

Twist Bioscience Joins Lilly TuneLab to Advance Antibody Drug Discovery

On September 16, 2026 Twist Bioscience Corporation (NASDAQ: TWST), a mid-cap growth and value biotech company, reported an agreement with Lilly TuneLab, a collaborative AI/ML drug discovery platform created by Eli Lilly and Company (Lilly). Twist is a provider of antibody characterization data services for TuneLab, including for AbLab, an antibody developability prediction model.

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TuneLab was created to accelerate biotech innovation by enabling participating companies to access AI/ML drug discovery models trained on decades of Lilly’s proprietary research data. Participating companies may use the TuneLab prediction models to more rapidly down-select candidate molecules. Through this agreement, users will be able to order antibody services from Twist using TuneLab preferred Twist protocols to generate high-quality wet lab data. This approach connects experimental data with AI-enabled discovery, allowing researchers to potentially accelerate antibody drug discovery.

"The quality of an AI model’s output depends on the quality of the data used to train it," said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "Twist has the scale and high-throughput capabilities to generate consistent and reliable antibody characterization data these models need to be trained on. Lilly’s leadership in empowering AI-enabled drug discovery and its impressive network of partnerships create a powerful ecosystem that brings together advanced models and high-quality data. Through this arrangement, TuneLab users can select preferred protocols to generate high-quality data with preferred pricing – both helping them to more efficiently select antibody sequences against their targets and contribute that data back to TuneLab for federated training."

Lilly TuneLab is part of Lilly Catalyze360, alongside Lilly Ventures, Lilly Gateway Labs, and Lilly ExploR&D, which together support biotech innovation by providing access to strategic capital, lab space and technology, and research and development capabilities.

(Press release, Twist Bioscience, SEP 16, 2026, View Source [SID1234670900])

New publication about Modern Predictive Models for Recurrence and Progression in Patients treated with BLC

On September 16, 2026 Photocure ASA (OSE: PHO), the Bladder Cancer Company, reported the publication of a new approach to outcome modeling in patients with bladder cancer that undergo a blue light cystoscopy (BLC) in the peer-reviewed journal Urologic Oncology this week.

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An abstract of this study was first presented at the AUA congress in 2025.The article titled "Performance of the EORTC and CUETO Risk Prediction Models in Contemporary Patients Undergoing Transurethral Resection of Bladder Tumor with Blue Light Cystoscopy," by Boris Gershman, Harvard University, Beth Israel Deaconess Medical Center, describes new modelling for forecasting outcomes, using data from Photocure’s Blue Light Cystoscopy patient registry in the U.S.

The analysis included 899 patients with non-muscle invasive bladder cancer (NMIBC) who underwent transurethral resection of bladder tumor (TURBT) using BLC. The study found that the established EORTC and CUETO risk models had limited ability to accurately predict which patients would experience cancer recurrence or progression. In particular, the EORTC model tended to predict worse outcomes than were actually observed among patients in the BLC Registry.

The findings suggest that risk models developed using patients treated many years ago may not accurately reflect outcomes for patients receiving contemporary bladder cancer care. They highlight the need for updated prediction tools based on more recent patient populations and current treatment practices. Photocure’s Blue Light Cystoscopy Registry provides a large, contemporary U.S. dataset that can help support the development of these next-generation models.

Dr. Boris Gershman, principal author of the study, commented: "Accurate prediction of recurrence and progression risk is essential for the management of non-muscle invasive bladder cancer. However, the established EORTC and CUETO risk models performed poorly in predicting these outcomes among contemporary patients undergoing TURBT with blue light cystoscopy. We therefore used the multi-institutional Blue Light Cystoscopy Registry to develop modern predictive models for recurrence and progression in patients treated with BLC. These new models reflect contemporary treatment practices and have the potential to support more personalized, risk-adapted management of NMIBC."

(Press release, PhotoCure, SEP 16, 2026, View Source;utm_medium=email_campaign&utm_campaign=newsletter [SID1234670899])

Nona Biosciences Successfully Develops World’s First Language Model Trained on Fully Human Heavy-Chain-Only Antibodies

On September 16, 2026 Nona Biosciences ("Nona"), a global biotechnology company advancing biologics discovery and development through innovativetechnology platforms, reported the development of HCAbLM, the world’s first language model specifically trained on fully human heavy-chain-only antibodies (HCAbs). HCAbLM was built on a large-scale repertoire comprising 31.8 million fully human HCAb sequences from 73 independently immunized HCAb transgenic mice. The study, "A foundation model learns the sequence and functional grammar of fully human heavy-chain-only antibodies," was published in bioRxiv.

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From Binder to Drug Candidate: A Leap in AI Antibody Development

The main bottleneck in the current AI antibody field is no longer "whether an antibody that binds the target can be designed," but rather "whether the designed antibody can be manufactured at scale, whether it will aggregate, and whether it is stable"—that is, developability. HCAbLM was created precisely to address this issue. The model has learned the "sequence gramma" unique to fully human HCAbs—a set of underlying rules that determine whether an antibody can fold, exist stably, and ultimately become a drug. Conventional general-purpose models cannot capture this set of rules because their training data contain almost no HCAb sequences. HCAbLM fully demonstrates that a dedicated model trained on unique antibody sequence data can better translate "sequence space cognition" into "developability prediction."

A Dedicated HCAb Model Outperforms General-Purpose Protein and Antibody Models

The representations learned by HCAbLM demonstrate transferability to experimentally measured antibody properties, including size exclusion chromatography (SEC) purity, hydrophobic interaction chromatography (HIC) behavior, and thermal stability, highlighting HCAbLM’s potential in the evaluation and optimization of fully human HCAbs, going beyond mere sequence analysis.

In public benchmarks for cross-project developability prediction, HCAbLM, with only 366 million parameters, surpassed general-purpose protein large models including Meta’s ESM-6B with 6 billion parameters, as well as previously leading antibody language models IgLM and AbLang, on two core metrics: SEC purity and HIC behavior.

The development of HCAbLM marks an important advancement in Nona’s application of artificial intelligence (AI) to antibody discovery and development. By combining large-scale antibody repertoires with AI-driven modeling, Nona is building a foundation for more efficient and data-driven antibody design and developability assessment.

"The development of HCAbLM represents an important step in our efforts to apply AI to specialized antibody formats and unlock the value of large-scale antibody repertoires," said Dr. Di Hong, Chief Executive Officer of Nona Biosciences. "By learning the unique sequence characteristics of fully human HCAbs and demonstrating transferability to experimentally measured molecular properties, HCAbLM provides a new foundation for AI-enabled antibody discovery and development. We look forward to further integrating HCAbLM with Nona’s technology platforms, and leveraging these capabilities to accelerate antibody discovery and development while empowering our partners to unlock new opportunities for next-generation biotherapeutics."

(Press release, Nona Biosciences, SEP 16, 2026, View Source [SID1234670896])

Circle Pharma Announces $92.5 Million Series E Financing to Advance First-in-class Cyclin D1 Program into Clinical Development

On September 16, 2026 Circle Pharma, Inc., a clinical-stage biopharmaceutical company pioneering next-generation targeted macrocycle therapeutics for cancer, reported an oversubscribed $92.5 million Series E financing. The financing was led by The Column Group and included participation from other existing and new investors including Nextech Invest, RA Capital Management, Euclidean Capital and Eli Lilly and Company. Proceeds from the financing will drive the advancement of CID-165, a first-in-class oral macrocyclic cyclin D1 RxL inhibitor, through early clinical development for ER-positive breast cancer, while also supporting the continued development of Circle Pharma’s broader pipeline of cyclin-targeted macrocycles.

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"This financing marks a significant milestone as we execute upon our vision of harnessing the power of macrocycles to transform the treatment of cancer," said David J. Earp, J.D., Ph.D., president and chief executive officer of Circle Pharma. "Momentum around our cyclin D1 program has continued to build as CID-165 advances toward the clinic. We believe CID-165 has the potential to become a new backbone therapy for ER-positive breast cancer and this financing provides us with the resources to generate meaningful clinical data to validate that potential. Progress across our pipeline underscores the ability of our platform to generate first-in-class compounds across the previously undrugged family of cyclins, the master regulators of the cell cycle. We are grateful for the commitment and support of our existing and new investors."

"Cyclin D1 is a well-established driver of cancer, especially in ER-positive breast cancer where there is a lineage dependency on this cyclin, but directly targeting it has remained a longstanding challenge," said Marie Evangelista, Ph.D., chief scientific officer at Circle Pharma. "CID-165 is designed to selectively disrupt the interaction between cyclin D1 and retinoblastoma protein, providing a novel approach to directly targeting this fundamental driver of tumor growth. The robust activity we have observed across preclinical models in ER-positive breast cancer, both as a monotherapy and in combination with established treatments, gives us strong conviction in the potential of CID-165 as we prepare to advance the program into the clinic in the first quarter of 2027."

About Cyclin D1 and CID-165

Cyclin D1 is a regulatory protein that plays a crucial role in cell cycle progression and is dysregulated in some malignancies, including ER-positive breast cancer and certain lymphomas. In these cancers, dysregulated cyclin D1 drives abnormal cell proliferation through its inactivation of the tumor suppressor retinoblastoma protein (Rb) leading to uncontrolled cell division. In preclinical studies, CID-165 has been shown to potently and selectively disrupt the cyclin D1-Rb interaction allowing Rb to remain active and suppress cancer cell proliferation. CID-165 is a first-in-class, orally bioavailable, macrocyclic cyclin D1 RxL inhibitor that has demonstrated robust anti-tumor activity in cyclin D1-driven preclinical cancer models, including in combination with other therapies such as CDK4/6-dual inhibitors, CDK4-selective inhibitors and endocrine therapies.

(Press release, Circle Pharma, SEP 16, 2026, View Source [SID1234670895])