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Purple Biotech to Present New Preclinical Data from its CAPTN-3 Tri-Specific Antibody Platform at the European Society of Medical Oncology Immuno-Oncology (ESMO-IO) 2025 Annual Congress

Key Takeaway: Purple Biotech will present new preclinical data on its CAPTN-3 tri-specific antibody platform at the ESMO-IO 2025 Annual Congress. The data highlights the platform's versatility and anti-tumor activity, particularly in treatment-resistant cancers. CEO Gil Efron expressed confidence in the platform's ability to overcome tumor evasion and drug resistance.
Price reaction · baseline $7.847 (2025-12-03 close) · hit pre-market · clean, no other PPBT news in the window
day 0 close · peak
+8.2%
day 1
+5.8%
day 3
+3.9%

Market Sentiment Analysis

POSITIVE FACTORS

  • New preclinical data showcases the versatility of the CAPTN-3 platform.
  • The platform demonstrates strong anti-tumor activity in treatment-resistant cancers.
  • Presentation at a prestigious conference highlights the company's innovative approach.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+44%
120-day peak, hindsight
Typical move
4.5%
average across 4 past catalysts
Lead asset
NT219
Phase 1 · Solid Tumor, Adult

Full Press Release Details

New data showcase the versatility and anti-tumor activity of the CAPTN-3 platform and its unique multi-arm design in treatment-resistant cancers REHOVOT, Israel, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. (“Purple Biotech” or “the Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing first-in-class therapies that seek to overcome tumor immune evasion and drug resistance, today announced that it will present new preclinical data from its CAPTN-3 platform of conditionally activated tri-specific antibodies at the upcoming European Society of Medical Oncology Immuno-Oncology (ESMO-IO) 2025 Annual Congress being held from December 10–12, 2025, in London, United Kingdom.
Presentation Details :
● Conference : ESMO Immuno-Oncology (ESMO-IO) 2025 Annual Congress ● Title : CAPTN-3 unique design demonstrated by 2 novel platform compounds ● Presenter : Dr. Hadas Reuveni ● Presentation Number : FPN# 287P ● Session Title : Poster Presentation ● Date / Time : Wednesday, December 10, 2025, 17:15 ● Location : London, UK
“Our CAPTN-3 platform can produce novel tri-specific antibodies that engage T cells, NK cells and bind to tumor associated antigens. The powerful synergy we have seen in preclinical studies strengthens our conviction in not only the platform, but also in this novel structure to overcome tumor evasion and drug resistance. We look forward to showcasing new data from our lead CAPTN-3 program, IM1240, in multiple PD-1 resistant models, and new data demonstrating the platform versatility with multiple tri-specific antibodies” said Gil Efron, Chief Executive Officer of Purple Biotech, Ltd.
The poster will be accessible under the Publications section of the Purple Biotech website following the congress.
About Purple Biotech
Purple Biotech Ltd. (NASDAQ/TASE: PPBT) is a clinical-stage company developing first-in-class therapies that seek to overcome tumor immune evasion and drug resistance. The Company’s oncology pipeline includes CAPTN-3, CM24 and NT219. The Company is advancing CAPTN-3, a preclinical platform of conditionally activated tri-specific antibodies, which engage both T cells and NK cells to induce a strong, localized immune response within the tumor microenvironment. The cleavable capping technology confines the compound’s therapeutic activity to the local tumor microenvironment, thereby potentially increasing the anticipated therapeutic window in patients. The third arm specifically targets the Tumor Associated Antigen (TAA). The technology presents a novel mechanism of action by unleashing both innate and adaptive immune systems to mount an optimal anti-tumoral immune response. IM1240 is the first tri-specific antibody in development that targets the 5T4 antigen, which is expressed in a variety of solid tumors and is associated with advanced disease, increased invasiveness, and poor clinical outcomes. CM24 is a humanized monoclonal antibody that blocks CEACAM1, which supports tumor immune evasion and survival through multiple pathways. CEACAM1 on tumor cells, immune cells and neutrophil extracellular traps is a novel target for the treatment of multiple cancer indications. As proof of concept of these novel pathways, the Company completed a Phase 2 study for the treatment of pancreatic ductal adenocarcinoma (PDAC) with CM24 as a combination therapy with the anti-PD-1 checkpoint inhibitor nivolumab and chemotherapy, demonstrating clear and consistent improvement across all efficacy endpoints and the identification of two potential serum biomarkers and other potential tissue biomarkers. NT219 is a dual inhibitor, novel small molecule that simultaneously targets IRS1/2 and STAT3. A Phase 1 dose escalation study was concluded as a monotherapy and in combination with cetuximab, in which NT219 demonstrated anti-tumor activity in combination with cetuximab in second-line patients with recurrent and/or metastatic squamous cell carcinoma of the head and neck (R/M SCCHN). A Phase 2 study in collaboration with the University of Colorado, to treat R/M SCCHN patients with NT219 in combination with cetuximab or pembrolizumab was initiated. The Company’s corporate headquarters are located in Rehovot, Israel. For more information, please visit https://purple-biotech.com

Frequently Asked Questions

What is the CAPTN-3 platform?

The CAPTN-3 platform produces conditionally activated tri-specific antibodies targeting T cells and NK cells.

When will Purple Biotech present its data?

Purple Biotech will present its data on December 10, 2025, at ESMO-IO 2025.

What is the focus of the new data presentation?

The presentation focuses on the versatility and anti-tumor activity of the CAPTN-3 platform.

Who is presenting the data at the conference?

Dr. Hadas Reuveni will present the data at the ESMO-IO 2025 Annual Congress.

Last updated: Dec 4, 2025