PHERGain and PHERGain-2 advance therapeutic de-escalation in early HER2-positive breast cancer in selected patients

On May 7, 2026 MEDSIR, an international company and a leader in oncology research, reported the results of the PHERGain and PHERGain-2 studies at the ESMO (Free ESMO Whitepaper) Breast 2026 scientific congress. Both studies evaluate de-escalation strategies based on targeted therapies in HER2-positive early breast cancer, with the aim of identifying which patients could safely avoid standard chemotherapy without compromising therapeutic benefit. Taken together, these studies reinforce a more personalized approach focused on reducing treatment-related toxicity while better preserving patients’ quality of life.

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PHERGain is an international, multicenter, phase II clinical trial in which 356 patients were enrolled across 45 hospitals in seven European countries, including Spain. Following publication of the primary results in leading scientific journals such as The Lancet, MEDSIR has now presented the five-year survival outcomes at ESMO (Free ESMO Whitepaper) Breast 2026. The objective of the study was to further validate a therapeutic de-escalation strategy in patients with HER2-positive early breast cancer, based on PET imaging and adapted to pathological complete response (pCR), allowing chemotherapy to be omitted without compromising disease control or survival.

The study demonstrated the efficacy of the combination of trastuzumab and pertuzumab within this adaptive strategy, showing that approximately 30% of patients with localized HER2-positive early breast cancer could avoid chemotherapy. The results presented at the congress confirm the robustness of this approach, with close to 90% of patients remaining recurrence-free five years after surgery. These findings support the validity of this adaptive therapeutic strategy as a safe and durable alternative over time, prioritizing patient well-being by avoiding conventional chemotherapy and its associated toxicities.

In addition, the company presented a translational analysis of the PHERGain study showing that circulating tumor DNA detected through liquid biopsy represents a precise, rapid, and non-invasive tool with the potential to identify patients who will remain disease-free in the long term.

As highlighted during the congress by Dr. Javier Cortés, principal investigator of the study and Director of the International Breast Cancer Center in Madrid and Barcelona: "In addition to the clinical outcomes, with nearly 90% of patients free from relapse five years after surgery, we see that the analysis of circulating tumor DNA in blood is emerging as a key tool to enable early identification of patients with a better prognosis and those who may benefit from more intensive treatment."

PHERGain-2: De-escalation with a focus on quality of life

PHERGain-2, presented at ESMO (Free ESMO Whitepaper) Breast 2026 and published simultaneously in Annals of Oncology, is an international, multicenter, phase II trial that enrolled 396 patients across 47 centers in Spain, Italy, Denmark, Hungary, Poland, and Bulgaria. The study aims to demonstrate the efficacy of a de-escalation strategy in HER2-positive early breast cancer in selected low-risk patients. Specifically, it focuses on patients with tumors measuring between 5 and 30 mm, with no nodal involvement at diagnosis and high HER2 protein expression.

The trial explores a chemotherapy-free, pCR-guided strategy based on the targeted therapies trastuzumab and pertuzumab, incorporating T-DM1 within the treatment regimen. In addition, quality of life is established as the primary safety objective, placing patient-reported outcomes at the center of treatment evaluation. The results presented suggest that more than half of the patients maintain a satisfactory quality of life throughout the first year of treatment, reinforcing the notion that avoiding chemotherapy contributes to a reduction in long-term adverse effects.

With regard to efficacy, the primary endpoint is still pending. Nevertheless, the observed pCR rate of 60% is encouraging, particularly considering that treatment is initiated without chemotherapy. These findings support the clinical potential of this strategy in this patient population.

As stated by Dr. Antonio Llombart-Cussac, principal investigator of the study and Head of the Medical Oncology Department at Hospital Arnau de Vilanova in Valencia: "The results of PHERGain-2 reinforce the idea that it is possible to offer patients a therapeutic alternative that prioritizes quality of life by avoiding side effects that negatively impact physical and emotional well-being, such as fatigue, hair loss, or other health problems associated with chemotherapy."

(Press release, MedSIR, MAY 7, 2026, View Source [SID1234665357])

Generate Biomedicines, Inc. Reports First Quarter 2026 Financial Results and Provides Business Update

On May 7, 2026 Generate Biomedicines, Inc. (NASDAQ: GENB) ("Generate") reported financial results for the first quarter ended March 31, 2026, and highlighted progress across its clinical portfolio.

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"We saw strong progress in the first quarter across our clinical pipeline, next generation of therapeutic programs, and advancing our platform," said Mike Nally, chief executive officer of Generate Biomedicines, Inc. "We are advancing GB-0895 in Phase 3 for severe asthma and Phase 1b for COPD. In oncology, we expect to progress two clinical trials this year with GB-4362, an MMAE neutralizer, and GB-5267, a MUC16 CAR T developed with Roswell Park. Together, these programs reflect the breadth of our clinical portfolio across therapeutic areas, modalities, and both wholly owned and partnered programs."

Recent Progress
Generate continues to advance its generative biology platform, applying its capabilities across therapeutic areas and modalities to advance programs into the clinic.

In inflammation and immunology, Generate’s GB-0895 (anti-TSLP) program continues to advance, with Phase 3 clinical trials underway in severe asthma with its global SOLAIRIA-1 and SOLAIRIA-2 replicate studies, and a Phase 1b trial is ongoing in COPD.

In oncology, Generate’s GB-4362 (MMAE neutralizer) program has activated clinical trial sites, and the first patient is expected to be dosed in mid-2026. This program has received FDA Fast Track designation.

Generate’s GB-5267 (MUC16 armored CAR T) program, developed in collaboration with Roswell Park Comprehensive Cancer Center, is expected to dose the first patient in the second half of 2026 in a Phase 1 clinical trial in solid tumors, initially targeting ovarian cancer.

Financial Results
Cash, cash equivalents, and marketable securities were $516.6 million as of March 31, 2026, compared with $221.5 million as of December 31, 2025. The cash, cash equivalents, and marketable securities as of March 31, 2026, reflects $369.3 million in net proceeds from Generate’s IPO, which was completed on March 2, 2026. Generate believes its existing cash, cash equivalents, and marketable securities will be sufficient to fund its operations into the first half of 2028. Generate expects to require additional capital to support long-term operations.

Revenue for the quarter ended March 31, 2026, was $7.2 million, compared with $8.8 million for the same period in 2025. This revenue reflects developments in the ongoing Amgen and Novartis research programs.

Research and development expenses were $57.8 million for the quarter, compared with $46.8 million for the same period in 2025. The increase was primarily driven by continued investment in the GB-0895 Phase 3 program in severe asthma, as well as by an increase in personnel-related costs, offset by a decrease in external discovery and other program related costs.

General and administrative expenses were $13.5 million for the quarter, compared with $10.1 million for the same period in 2025. The increase was primarily driven by an increase in stock-based compensation and professional fees associated with operating as a public company following Generate’s initial public offering in February 2026.

Net loss was $61.7 million for the quarter ended March 31, 2026, compared with $44.3 million for the same period in 2025, which includes non-cash stock-based compensation expense of $6.4 million and $4.7 million, respectively.

Net cash used in operating activities was $80.4 million for the quarter ended March 31, 2026, compared with $53.2 million for the same period in 2025.

(Press release, Generate Biomedicines, MAY 7, 2026, View Source [SID1234665356])

Whitehawk Therapeutics Reports First Quarter 2026 Financial Results and Recent Highlights

On May 7, 2026 Whitehawk Therapeutics, Inc. (Nasdaq: WHWK), a clinical-stage oncology therapeutics company applying advanced technologies to established tumor biology to efficiently deliver improved antibody drug conjugate (ADC) cancer treatments, reported financial results for the quarter ended March 31, 2026, and provided recent corporate highlights.

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"This quarter reflects continued progress across our pipeline as we advance Phase 1 dose-escalation studies for HWK-007 and HWK-016, with a third IND planned for HWK-206 mid-year," said Dave Lennon, PhD, President and CEO of Whitehawk Therapeutics. "We remain focused on high quality execution as we build toward initial data anticipated in 1H 2027, with the goal of delivering meaningful benefits for patients."

Q1 2026 and Recent Operational Highlights:

Continued to enroll patients into ongoing Phase 1 dose-escalation trials for HWK-007 and HWK-016.
HWK‑007 is being evaluated in patients with non-squamous, EGFR wild-type non-small cell lung cancer; platinum-resistant ovarian cancer; and endometrial cancer (NCT07444814).
HWK‑016 is being evaluated in patients with advanced ovarian and endometrial cancers (NCT07470853).
Presented comprehensive data highlighting preclinical proof-of-concept for Whitehawk’s next-generation ADC portfolio underpinned by its proprietary Carbon Bridge Cysteine Re-pairing (CBCR) platform. Data presented at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting 2026 demonstrate a consistent preclinical profile for HWK-007, HWK-016 and HWK-206 characterized by potent tumor regressions, high plasma stability and favorable tolerability in non‑human primates, coupled with low systemic levels of free payload.
Presented real-world analysis confirming MUC16 as a highly expressed clinically relevant target for gynecologic cancers. Whitehawk presented data at the Society of Gynecologic Oncology (SGO) 2026 Annual Meeting that established MUC16 as the highest-expressing ADC target in ovarian cancer, at least two-fold higher than other emerging targets, and showed MUC16 is highly and stably expressed in the most aggressive and most common subtypes of endometrial cancer.
First Quarter 2026 Financial Results:

Cash, cash equivalents and short-term investments as of March 31, 2026, were $123.0 million as compared to $145.7 million as of December 31, 2025. Cash is anticipated to fund operations into 2028 based on current plans.
Research and development expenses were $17.2 million for the three months ended March 31, 2026, including development milestone expenses of $5.3 million under our license agreement with WuXi Biologics, as compared to $8.8 million for the quarter ended March 31, 2025.
Net loss for the three months ended March 31, 2026, was $22.2 million as compared to a net income of $73.0 million for the three months ended March 31, 2025. The prior year quarter included an $87.4 million gain on the sale of Aadi Subsidiary.
Anticipated Milestones:

HWK-206 – plan to submit an Investigational New Drug application to the U.S. Food and Drug Administration in mid-2026 for HWK-206 in small-cell lung cancer and neuroendocrine tumors; Phase 1 recruitment planned to start in Q3 2026.
HWK-007 and HWK-016 – ongoing recruitment into Phase 1 trials, with initial results expected in 1H 2027.

(Press release, Whitehawk Therapeutics, MAY 7, 2026, View Source [SID1234665355])

Halozyme Announces Global Collaboration and License Agreement with GSK to Develop Subcutaneous Formulations of Multiple Promising Oncology Targets

On May 7, 2026 Halozyme Therapeutics, Inc. (Nasdaq: HALO) ("Halozyme" or the "Company") reported the Company entered into a global collaboration and license agreement with GSK. Under the collaboration, GSK has licensed Halozyme’s ENHANZE drug delivery technology for the development and potential commercialization of subcutaneous administration of multiple oncology targets, including antibody drug conjugates (ADCs), as well as an option for additional future drug targets.

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"We are excited to work with GSK to advance development of several oncology therapeutics. This agreement also marks our first collaboration on subcutaneous delivery of ADCs, where we believe subcutaneous delivery with ENHANZE may meaningfully improve the benefit–risk profile," said Dr. Helen Torley, President and Chief Executive Officer of Halozyme. "This collaboration reflects the continued recognition of ENHANZE as the gold standard for rapid, large-volume subcutaneous delivery, and underscores the value it provides to a growing number of leading pharmaceutical and biotechnology companies. Extending use of ENHANZE with ADCs represents a meaningful expansion of our potential addressable market, positions us at the forefront of a rapidly growing therapeutic class and reinforces the durability of our high-margin royalty revenue business."

"Novel approaches are required to reduce treatment burden for patients with cancer and help access easier forms of treatment," said Eric Richards, SVP Head of Medicine Development Leaders Oncology, GSK. "We see significant potential for subcutaneous formulations of several promising cancer targets, including ADCs, with ENHANZE and look forward to progressing the first clinical program."

GSK will make an upfront payment to Halozyme and potential future milestone payments. Halozyme will also be entitled to royalties on net sales of products that incorporate ENHANZE.

(Press release, Halozyme, MAY 7, 2026, View Source [SID1234665354])

Tyra Biosciences to Participate in Upcoming Investor Conferences

On May 7, 2026 Tyra Biosciences, Inc. (Nasdaq: TYRA), a clinical-stage biotechnology company focused on developing next-generation precision medicines that target large opportunities in Fibroblast Growth Factor Receptor (FGFR) biology, reported participation at the following investor conferences:

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BofA Securities Health Care Conference 2026
Format: Virtual fireside chat and one-on-one investor meetings
Presentation Date/Time: Wednesday, May 13, 2026 at 10:40 am PT
Location: Las Vegas, NV

TD Cowen’s 7th Annual Oncology Innovation Summit: Insights for ASCO (Free ASCO Whitepaper) & EHA (Free EHA Whitepaper)
Format: Fireside chat with Tyler van Buren
Presentation Date/Time: Tuesday, May 26, 2026 at 2:00 pm ET
Location: Virtual

Jefferies Global Healthcare Conference
Format: Hybrid fireside chat and one-on-one investor meetings
Presentation Date/Time: Wednesday, June 3, 2026 at 3:45 pm ET
Location: New York, NY

A live webcast of the presentations can be accessed by visiting the "For Investors" page on the Tyra Biosciences website and will be available for replay following the event.

(Press release, Tyra Biosciences, MAY 7, 2026, View Source [SID1234665353])