HBM HOLDINGS-B (02142.HK): Positive Phase II Interim Results for HBM9378/WIN378 in Asthma; Phase III Initiated

On 8 September 2026, HBM Holdings Limited (02142.HK) announced in a voluntary announcement that collaborator Windward Bio had reported positive interim results from the Phase II part of POLARIS-1 for anti-TSLP antibody HBM9378/WIN378 in asthma: at week 24, the placebo-adjusted mean increase in FEV1 reached up to 256 mL (p=0.033), with FeNO down 43% and EOS down 51%, and a half-life of up to 75 days supporting twice-yearly dosing; the Phase III part has been initiated, with POLARIS-2 planned for the first half of 2027.

NewTimeSpace News: On 8 September 2026, HBM Holdings Limited (stock code: 02142) issued a voluntary announcement stating that its collaborator Windward Bio AG had reported positive interim results from the Phase II part of the POLARIS-1 clinical trial of HBM9378/WIN378, a fully human ultra-long-acting monoclonal antibody targeting thymic stromal lymphopoietin (TSLP), for the treatment of asthma, and that the Phase III part of POLARIS-1 had also been initiated.

According to the announcement, POLARIS-1 (NCT07120503) is a seamless global Phase II/III study conducted by Windward Bio. The Phase II part was a 48-week randomised, double-blind study that enrolled 147 adult patients with uncontrolled asthma, exceeding the initial target of 120 patients, with the interim analysis based on data from the first 98 patients. Interim results showed that at week 24 after a single dose, FEV1 increased in a dose-dependent manner by up to 174 mL (up to 256 mL placebo-adjusted mean increase, p=0.033); FeNO decreased by up to 24 ppb (43% reduction, p=0.006); and blood eosinophil count decreased by up to 200 cells/µL (51% reduction, p<0.0001). The interim analysis indicated a half-life of up to 75 days, supporting a twice-yearly dosing regimen.

HBM9378/WIN378 (internal code HBM9378 for HBM Holdings) was originally co-developed by HBM Holdings and Kelun-Biotech, with both parties sharing global rights. Windward Bio has obtained global rights to the molecule (excluding Greater China and certain Southeast Asian and West Asian countries). The molecule demonstrated favourable tolerability and safety, with no treatment-related serious adverse events, discontinuations or withdrawals observed as of the data cutoff date, an injection site reaction rate below 1% and an anti-drug antibody rate of 2%. The Phase III part, adopting two twice-yearly dosing regimens, has been initiated, and Windward Bio plans to initiate a second Phase III study, POLARIS-2, in the first half of 2027; the Phase II data will be presented at an upcoming medical conference.

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