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Corbus Pharmaceuticals Announces FDA Clearance to Initiate TEMPO-1 Registrational Study of CRB-701 in Patients with 2L Oropharyngeal Cancer

(Moderate)
(Positive)

Corbus Pharmaceuticals (NASDAQ: CRBP) reported that the U.S. FDA has cleared initiation of TEMPO-1, a registrational Phase 2 study of CRB-701, a next-generation Nectin-4–targeted antibody drug conjugate, in second-line oropharyngeal squamous cell carcinoma (OPSCC). The randomized controlled trial will enroll approximately 250 patients and compare CRB-701 to investigator’s choice of capecitabine, cetuximab or docetaxel. The primary endpoint is objective response rate to support a potential accelerated approval, with overall survival intended to support potential full approval. Corbus expects to begin enrollment in September 2026.

The FDA decision follows Phase 1/2 data in 2L+ OPSCC at a 3.6 mg/kg dose, where CRB-701 achieved a confirmed objective response rate of 42.9%, median duration of response of 6.3 months, and median progression-free survival of 5.6 months (ongoing). OPSCC is estimated to represent about half of U.S. second-line head and neck cancer cases, with roughly 14,000 patients annually eligible for 2L treatment and about 7,000 deaths. CRB-701 has two FDA Fast Track designations in head and neck squamous cell carcinoma and cervical cancer.

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Positive

  • FDA clearance to initiate TEMPO-1 registrational trial of CRB-701 in 2L OPSCC
  • Phase 1/2 ORR 42.9% at 3.6 mg/kg in 2L+ OPSCC
  • Median DoR 6.3 months and PFS 5.6 months in early OPSCC data (ongoing)
  • Target U.S. population ~14,000 2L-eligible OPSCC patients annually
  • Two FDA Fast Track designations for CRB-701 in HNSCC and cervical cancer
  • TEMPO-1 sample size ~250 patients in randomized controlled design

Negative

  • None.

News Explained

As of March 31, 2026, the FDA-cleared trial was authorized but not yet enrolled, while cash equaled 90.3 days of reported operating cash use.

The FDA has cleared Corbus to initiate TEMPO-1, but enrollment remains expected in September 2026, so the disclosed state is authorization to start a registrational study rather than a completed trial or drug approval.

At March 31, 2026, reported cash and equivalents were $25,661,000 while operating cash flow was negative $25,571,000; that cash balance equals 90.3 days of the quarter's operating cash use.

Sources and calculations
  • Cash and equivalents vs quarterly operating cash outflow, in days of cash use $25,661,000 / ($25,571,000 / 90) = [object Object]

News Market Reaction – CRBP

+0.06%
+0.06% Session close to close

In the Jul 28 session, CRBP gained 0.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Recent insider records showed Net Buying, including 13,500 shares bought during the reviewed period....
Analysis

Recent insider records showed Net Buying, including 13,500 shares bought during the reviewed period. That adds ownership context to the FDA clearance, while the active S-3 and future trial execution remain key risks to monitor.

Key Figures

Expected enrollment start: September 2026 Annual eligible patients: approximately 14,000 patients Study size: n=250 +5 more
8 metrics
Expected enrollment start September 2026 TEMPO-1 registrational study
Annual eligible patients approximately 14,000 patients U.S. patients eligible annually for 2L OPSCC treatment
Study size n=250 TEMPO-1 randomized controlled study
Confirmed ORR 42.9% 2L+ OPSCC treated at the 3.6 mg/kg dose
Median DoR 6.3 months 2L+ OPSCC treated at the 3.6 mg/kg dose
Median PFS 5.6 months 2L+ OPSCC treated at the 3.6 mg/kg dose; ongoing
Annual disease deaths approximately 7,000 patients United States OPSCC estimate
Fast Track designations two CRB-701 in HNSCC and cervical cancer

Previous Clinical trial,fda approval Reports

2 past events · Latest: Sep 16 (Positive)
Same Type Pattern 2 events
Date Event Sentiment 24h Move Catalyst
Sep 16 Fast Track designation Positive +9.6% FDA granted CRB-701 Fast Track status for head and neck squamous cell carcinoma
Dec 03 Fast Track designation Positive -6.1% FDA granted Fast Track status for CRB-701 in relapsed or refractory metastatic cervical cancer

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Tag-specific FDA and clinical history was mixed: one announcement aligned with a positive reaction, while another diverged.

Key Terms

opscc, antibody drug conjugate, objective response rate, accelerated approval, +1 more
5 terms
opscc medical
"2L oropharyngeal squamous cell carcinoma (OPSCC)"
Oropharyngeal squamous cell carcinoma (OPSCC) is a type of cancer that starts in the flat, thin cells lining the oropharynx—the middle part of the throat including the back of the mouth and base of the tongue. It matters to investors because the size, progression, and treatment options for OPSCC drive demand for diagnostics, drugs, and medical devices; clinical trial results or regulatory actions affecting OPSCC therapies can change a company’s revenue outlook much like a new product entering or leaving a market.
antibody drug conjugate medical
"a next-generation Nectin-4 targeted antibody drug conjugate (ADC)"
An antibody drug conjugate is a targeted medical treatment that combines a special antibody with a powerful drug, allowing precise delivery of the medicine directly to cancer cells or other harmful cells in the body. For investors, it represents a sophisticated approach to therapy that could improve treatment effectiveness and reduce side effects, potentially leading to significant growth opportunities in the biotech and pharmaceutical sectors.
objective response rate medical
"The study's primary endpoint is objective response rate (ORR)"
The objective response rate (ORR) is the percentage of patients in a clinical trial whose tumors measurably shrink or disappear according to preset rules. Investors use it as a quick, objective signal of a drug’s ability to produce a clear treatment effect—like counting how many plants visibly respond after applying a new fertilizer—and higher ORR can improve odds of regulatory approval, commercial success, and company valuation.
accelerated approval regulatory
"intended to support a potential accelerated approval"
Accelerated approval is a process that allows new medical treatments to be approved more quickly than usual if they address serious or life-threatening conditions and show promising early results. For investors, it signals that a treatment may reach the market sooner, potentially boosting a company's prospects, but it also involves some uncertainty since full evidence of effectiveness is still being gathered.
fast track designation regulatory
"The FDA has granted two Fast Track designations"
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Company expects to initiate enrollment in TEMPO-1 in September 2026
  • OPSCC is estimated to represent 1 in 2 head and neck cancer patients in the 2L setting in the U.S. with approximately 14,000 patients eligible annually for treatment

NORWOOD, Mass., July 28, 2026 (GLOBE NEWSWIRE) -- Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) (“Corbus” or the “Company”) a clinical-stage company focusing on developing new therapies in oncology and obesity, today announced that the U.S. Food and Drug Administration (FDA) has cleared the start of the Company’s registrational study (“TEMPO-1”) of CRB-701, a next-generation Nectin-4 targeted antibody drug conjugate (ADC), in second-line (2L) oropharyngeal squamous cell carcinoma (OPSCC).

TEMPO-1 is a randomized controlled study (n=250) designed to evaluate the efficacy and safety of CRB-701 compared with investigator’s choice of capecitabine, cetuximab or docetaxel. The study's primary endpoint is objective response rate (ORR), which is intended to support a potential accelerated approval; overall survival (OS) is intended to support potential conversion to full approval.

The incidence and prevalence of OPSCC continue to rise in the U.S. largely driven by HPV infection. The disease primarily affects men in their 50s and 60s who have little or no history of smoking or heavy alcohol use. Each year approximately 14,000 OPSCC patients are estimated to be eligible for 2L treatment and approximately 7,000 patients are estimated to succumb to the disease in the United States alone.

The FDA's decision to allow the registrational study to proceed was supported by results from Corbus' ongoing Phase 1/2 clinical study of CRB-701, presented at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting. In an analysis of patients with 2L+ OPSCC treated at the 3.6 mg/kg dose, CRB-701 achieved a confirmed ORR of 42.9%, with a median duration of response (DoR) of 6.3 months and a median progression-free survival (PFS) of 5.6 months (ongoing).

“The data presented at ASCO provided important insight into the potential clinical path for CRB-701 in 2L oropharyngeal cancer, a distinct tumor-type that is on the rise due to HPV infections,” said Yuval Cohen, Ph.D., Chief Executive Officer of Corbus. “Unfortunately, current treatment options have shown limited efficacy underscoring the need for additional therapeutic options. OPSCC represents a significant commercial opportunity.”

About CRB-701
CRB-701 (SYS6002) is a next-generation antibody drug conjugate targeting Nectin-4, that contains a site-specific, cleavable linker and a homogenous drug antibody ratio of 2, using monomethyl auristatin E (MMAE) as the payload. Nectin-4 is a clinically validated, tumor-associated antigen in urothelial cancer and highly expressed in other tumor types such as cervical and head and neck squamous cell carcinoma (HNSCC). The FDA has granted two Fast Track designations to CRB-701 in HNSCC and cervical cancer.

About Corbus
Corbus Pharmaceuticals Holdings, Inc. is a clinical-stage company focused on developing new therapies in oncology and obesity and is committed to helping people defeat serious illness by bringing innovative scientific approaches to well-understood biological pathways. Corbus’ pipeline includes CRB-701, a next-generation antibody drug conjugate for the treatment of Nectin-4-expressing tumors, and CRB-913, an orally delivered highly peripherally restricted CB1 inverse agonist for the treatment of obesity. Corbus is headquartered in Norwood, Massachusetts. For more information on Corbus, visit corbuspharma.com. Connect with us on X, LinkedIn and Facebook.

Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act of 1995, as amended, including those relating to the Company's trial results, product development, clinical and regulatory timelines, including timing for completion of trials and presentation of data, anticipated timing for initiation of clinical trials, anticipated regulatory interactions and outcomes, including alignment with FDA on trial design, potential accelerated approval, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities, sufficiency of cash runway  and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential,” "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors on our operations, clinical development plans and timelines, which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission including those described in our Annual Report on Form 10-K for the year ended December 31, 2025, and other filings we make with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

All product names, logos, brands and company names are trademarks or registered trademarks of their respective owners. Their use does not imply affiliation or endorsement by these companies.

INVESTOR CONTACTS:

Sean Moran
Chief Financial Officer
Corbus Pharmaceuticals
smoran@corbuspharma.com

Dan Ferry
Managing Director
LifeSci Advisors, LLC
daniel@lifesciadvisors.com

MEDIA CONTACT:

Liz Melone
Founder & Principal
Melone Communications, LLC
Liz@melonecomm.com


FAQ

What FDA decision did Corbus (NASDAQ: CRBP) announce about the TEMPO-1 trial in July 2026?

The FDA cleared Corbus to start the TEMPO-1 registrational study of CRB-701 in second-line oropharyngeal squamous cell carcinoma. According to Corbus, this randomized trial compares CRB-701 with capecitabine, cetuximab or docetaxel and is designed to support potential accelerated and full approval pathways.

When is Corbus (CRBP) expected to begin enrolling patients in the TEMPO-1 CRB-701 trial for 2L oropharyngeal cancer?

Corbus expects to initiate enrollment in the TEMPO-1 trial in September 2026. According to Corbus, the study will enroll about 250 second-line OPSCC patients and will evaluate CRB-701 versus investigator’s choice of standard treatments in a randomized controlled design.

What is the design and primary endpoint of the TEMPO-1 registrational study of CRB-701 in 2L OPSCC (CRBP)?

TEMPO-1 is a randomized controlled study enrolling approximately 250 second-line OPSCC patients, comparing CRB-701 with capecitabine, cetuximab or docetaxel. According to Corbus, the primary endpoint is objective response rate, intended to support potential accelerated approval, with overall survival aimed at supporting possible full approval.

What Phase 1/2 results supported FDA clearance of Corbus’ TEMPO-1 trial of CRB-701 in 2L OPSCC?

In 2L+ OPSCC patients treated at 3.6 mg/kg, CRB-701 showed a confirmed objective response rate of 42.9%. According to Corbus, median duration of response was 6.3 months and median progression-free survival was 5.6 months, with follow-up still ongoing at the time of reporting.

How large is the potential U.S. patient population for CRB-701 in second-line oropharyngeal cancer targeted by Corbus (CRBP)?

OPSCC is estimated to account for about half of second-line head and neck cancer cases in the U.S. According to Corbus, approximately 14,000 OPSCC patients are eligible each year for second-line treatment, and around 7,000 patients are estimated to die from the disease annually.

What is CRB-701 and which cancers have FDA Fast Track designation for Corbus (CRBP)?

CRB-701 is a next-generation antibody drug conjugate targeting Nectin-4, using an MMAE payload with a site-specific linker and drug-antibody ratio of 2. According to Corbus, the FDA has granted two Fast Track designations for CRB-701 in head and neck squamous cell carcinoma and cervical cancer.

How might the TEMPO-1 trial outcomes affect potential approval prospects for CRB-701 in 2L OPSCC for Corbus (CRBP)?

TEMPO-1’s primary objective response rate endpoint is intended to support potential accelerated approval of CRB-701 in 2L OPSCC. According to Corbus, overall survival data from the trial are intended to support potential conversion from accelerated to full approval, subject to regulatory review.