BOAN BIOTECH(06955.HK): IND Application for BA1203 (Masked PD-1/IL-2 Antibody-Cytokine Prodrug) Accepted by CDE
NewTimeSpace News: Shandong Boan Biotechnology Co., Ltd. (06955.HK) announced on 8 July that the Investigational New Drug (IND) application for BA1203, a masked PD-1/IL-2 antibody-cytokine prodrug under development, has been accepted by the Center for Drug Evaluation (CDE) of NMPA for the treatment of solid tumours. The candidate integrates PD-1 blockade and local IL-2 immune activation, with preclinical data demonstrating superior anti-tumour potency and favourable safety profiles versus existing PD-1 inhibitors. To the Company’s knowledge, BA1203 will be the first masked PD-1/IL-2 antibody-cytokine retaining IL-2Rα binding activity to enter clinical development in China. The Company reminds investors of uncertainties in drug R&D progress.
NewTimeSpace News: Shandong Boan Biotechnology Co., Ltd. released a voluntary announcement dated 8 July 2026. The Investigational New Drug (IND) application for BA1203, an in-house developed masked PD-1/IL-2 antibody-cytokine prodrug, has been accepted by the Center for Drug Evaluation (CDE) under the National Medical Products Administration.
This asset represents a new-generation tumour immunotherapy candidate independently developed by the Company, intended for the treatment of multiple solid tumours. To the Company’s best knowledge, BA1203 will become the first masked PD-1/IL-2 antibody-cytokine with preserved IL-2 receptor alpha subunit binding activity to advance into clinical trials in China.
BA1203 combines dual mechanisms of action from anti-PD-1 antibody and IL-2 cytokine. It adopts a high-affinity bivalent PD-1 targeting design, masked IL-2 prodrug architecture and symmetric molecular configuration. The design enables concurrent immune checkpoint blockade and selective immune activation within the tumour microenvironment, amplifying local anti-tumour immune responses while lowering systemic toxicity risks.
Preclinical studies revealed robust anti-tumour efficacy of BA1203 in tumour models with low or no response to PD-1/PD-L1 inhibitors, markedly outperforming current checkpoint inhibitors. It also exhibits tumour-dependent activation with superior safety advantages. Non-human primate studies in cynomolgus monkeys demonstrated a favourable safety profile and excellent tolerability.
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