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MacroGenics Provides Clinical Update on Ongoing Phase 1 Study for MGC026

(Very Positive)

MacroGenics (NASDAQ: MGNX) provided a clinical update on its ongoing Phase 1, first-in-human study of MGC026, a B7-H3–directed antibody-drug conjugate with a topoisomerase I inhibitor payload, in patients with advanced solid tumors. Dose escalation from 1 to 9 mg/kg every three weeks has been completed, and a 7.5 mg/kg q3W dose is being evaluated in four tumor-specific cohorts: recurrent or metastatic squamous cell carcinoma of the head and neck (SCCHN), endometrial cancer, melanoma and soft tissue sarcoma.

The SCCHN cohort, using Simon’s two-stage design with a planned 40 patients, achieved its pre-specified Stage 1 response threshold and has moved to Stage 2 enrollment. As of July 8, 2026, 74 patients had been enrolled across dose escalation and cohort expansion. According to MacroGenics, no cases of interstitial lung disease or ocular toxicity had been reported by that date, and evidence of anti-tumor activity had been observed across several indications. Detailed dose escalation and preliminary cohort data will be presented in a poster at the ESMO 2026 Congress in Madrid from October 23-27, alongside a separate Phase 2 poster on lorigerlimab in advanced gynecologic cancers.

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Positive

  • SCCHN cohort met Stage 1 response threshold and advanced to Stage 2 enrollment under Simon’s two-stage design
  • 74 patients enrolled across dose escalation and cohort expansion as of July 8, 2026
  • No interstitial lung disease or ocular toxicity reported as of July 8, 2026
  • Evidence of anti-tumor activity observed across several advanced solid tumor indications
  • Dose escalation completed at 1–9 mg/kg q3W; 7.5 mg/kg selected for cohort evaluation

Negative

  • None.

Market Context

The tag-specific clinical-trial record averaged -0.57% across two events, with outcomes ranging from...
Analysis

The tag-specific clinical-trial record averaged -0.57% across two events, with outcomes ranging from -7.3% to +6.15%. The key watchpoints were subsequent cohort data and reported safety findings.

Key Figures

Study Phase: Phase 1 Dose Escalation Range: 1 mg/kg to 9 mg/kg Dose Under Evaluation: 7.5 mg/kg q3W +5 more
8 metrics
Study Phase Phase 1 Ongoing MGC026 study in advanced solid tumors
Dose Escalation Range 1 mg/kg to 9 mg/kg Completed in Q4 2025
Dose Under Evaluation 7.5 mg/kg q3W Four tumor-specific cohorts
Tumor-Specific Cohorts 4 cohorts SCCHN, endometrial cancer, melanoma, and soft tissue sarcoma
SCCHN Enrollment Target 40 patients Simon's two-stage design
Patients Enrolled 74 patients Across dose escalation and cohort expansion as of July 8, 2026
Reported Toxicity Cases 0 cases Interstitial lung disease or ocular toxicity as of July 8, 2026
ESMO Congress Dates October 23-27, 2026 Madrid, Spain

Previous Clinical trial Reports

2 past events · Latest: Sep 15 (Positive)
Same Type Pattern 2 events
Date Event Sentiment 24h Move Catalyst
Sep 15 Phase 2 clinical data Positive -7.3% Updated efficacy and safety data presented at ESMO Congress 2024
Sep 08 ESMO data presentation Positive +6.2% Phase 2 ESMO poster presentation and investor call announced

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

Pattern Detected

Tag-specific clinical-trial news produced mixed reactions, with one positive-aligned move and one negative divergence.

Key Terms

antibody-drug conjugate, topoisomerase i inhibitor-based linker-payload, simon's two-stage design, dose escalation, +2 more
6 terms
antibody-drug conjugate medical
"a novel B7-H3-directed antibody-drug conjugate (ADC)"
An antibody-drug conjugate is a targeted medicine that combines an antibody, which can identify specific cells, with a powerful drug designed to destroy those cells. This approach allows for precise treatment, minimizing damage to healthy tissue. For investors, developments in this area can signal advances in cancer therapies and potential growth opportunities in the biotech sector.
topoisomerase i inhibitor-based linker-payload technical
"incorporating a topoisomerase I inhibitor-based linker-payload"
A topoisomerase I inhibitor-based linker-payload is the toxic cargo in a targeted cancer drug where a small-molecule chemotherapy that blocks the enzyme topoisomerase I is chemically attached to a carrier molecule via a linker. Think of it as a precisely packaged warhead: the inhibitor is the active poison, the linker controls when and where the poison is released, and the whole assembly determines how effective, safe, and manufacturable the targeted therapy will be, which influences clinical outcomes and commercial value.
simon's two-stage design technical
"The SCCHN cohort employs a Simon’s two-stage design"
A statistical plan used in early-stage clinical trials that lets researchers test a new treatment in two steps and stop early if results look unlikely to meet a predefined success level. Like pausing a recipe after tasting the first batch, it limits time and money spent on ineffective treatments while still giving a fair chance for promising ones; for investors, it affects development risk, trial costs, timelines, and the timing of key clinical readouts.
dose escalation medical
"The dose escalation portion of the study evaluated MGC026"
Dose escalation is the process of gradually increasing the amount of a treatment or substance over time. In finance, it can refer to slowly raising investments or commitments to manage risk and assess performance. For investors, understanding dose escalation helps gauge how companies or strategies adjust their approaches, which can impact future growth or stability.
interstitial lung disease medical
"there were no cases of interstitial lung disease or ocular toxicity"
A group of lung conditions that cause inflammation and scarring of the thin tissue between the air sacs, which makes it harder for oxygen to pass into the blood; imagine the lungs’ fine filters becoming stiff and less effective. Investors care because reports of interstitial lung disease can affect a drug’s safety profile, trigger regulatory warnings or label changes, and shift demand for treatments or create liability risks that influence a company’s valuation.
ocular toxicity medical
"there were no cases of interstitial lung disease or ocular toxicity"
Harmful effects a drug, device, or chemical can have on the eyes or vision, ranging from mild irritation to serious damage such as vision loss. Like a warning light that flags trouble under the hood, ocular toxicity matters to investors because it influences clinical trial outcomes, regulatory approvals, product labeling and liability, all of which can affect a treatment’s commercial prospects and the value of companies developing it.

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

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  • Interim Phase 1 results accepted for poster presentation at ESMO Congress 2026
  • Achieved pre-specified Stage 1 response threshold in squamous cell carcinoma of the head and neck (SCCHN) cohort and enrolling Stage 2 per Simon’s two-stage design
  • Ongoing enrollment in other tumor-specific cohorts, including endometrial cancer, melanoma and soft tissue sarcoma

ROCKVILLE, MD, July 23, 2026 (GLOBE NEWSWIRE) -- MacroGenics, Inc. (NASDAQ: MGNX), a clinical-stage biopharmaceutical company focused on developing innovative antibody-based therapeutics for the treatment of cancer, today provided an update on the ongoing Phase 1 study evaluating MGC026, a novel B7-H3-directed antibody-drug conjugate (ADC), incorporating a topoisomerase I inhibitor-based linker-payload, in patients with advanced solid tumors. MacroGenics plans to present dose escalation and preliminary tumor-specific cohort results at the European Society for Medical Oncology (ESMO) 2026 Congress, taking place October 23-27, 2026, in Madrid, Spain.

The dose escalation portion of the study evaluated MGC026 at doses ranging from 1 mg/kg to 9 mg/kg administered every three weeks (q3W) and was completed in the fourth quarter of 2025. A dose of 7.5 mg/kg q3W is being further evaluated in four tumor-specific cohorts: recurrent or metastatic SCCHN, endometrial cancer, melanoma, and soft tissue sarcoma. The study is active at clinical sites in the United States, Australia and the United Kingdom.

The SCCHN cohort employs a Simon’s two-stage design, with a planned enrollment target of 40 patients. MacroGenics is currently enrolling SCCHN patients in Stage 2 after meeting the pre-specified response threshold in Stage 1. Enrollment in the other three cohorts continues as planned. As of July 8, 2026, a total of 74 patients had been enrolled across the dose escalation and ongoing cohort expansion portions of the study. As of this date, there were no cases of interstitial lung disease or ocular toxicity reported, and evidence of anti-tumor activity was observed across several indications.

“We look forward to sharing the data at ESMO and believe this presentation represents an important opportunity to demonstrate the potential of MGC026 as we continue its clinical development,” said Eric Risser, President and Chief Executive Officer of MacroGenics.

ESMO 2026 Poster Presentations

  • Title: Phase 1, first-in-human study of MGC026, a B7-H3–targeted antibody-drug conjugate (ADC) in advanced solid tumors
  • Presentation Number: 1020P
  • Lead Author: Rachel E. Sanborn, M.D.
  • Date: Friday, October 23, 2026
  • Time: 15:15 – 16:00 CEST

The Company also plans to present the following poster on lorigerlimab, an investigational, bispecific DART® molecule that targets PD-1 and CTLA-4:

  • Title: LINNET: A phase 2 study to evaluate lorigerlimab in participants (pts) with advanced gynecologic cancers
  • Presentation Number: 1278P
  • Lead Author: Amir Jazaeri, M.D.
  • Date: Monday, October 26, 2026
  • Time: 12:00 – 12:45 CEST

About MGC026

MGC026 is an investigational antibody-drug conjugate (ADC) targeting B7-H3, a protein with expression across the tumor microenvironment, including on tumor cells, tumor-associated stroma, and tumor-associated vasculature. MGC026 incorporates Synaffix’s proprietary ADC technology and the SYNtecan E™ topoisomerase I inhibitor-based linker-payload, which consists of a cleavable, exatecan-based cytotoxic payload conjugated at a drug-to-antibody ratio (DAR) of 4. MGC026 is designed to deliver this potent payload selectively to B7-H3-expressing tumors and is being developed for patients with advanced solid tumors. The ongoing Phase 1 study of MGC026 is an open-label clinical trial evaluating the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary antitumor activity of MGC026 in patients with advanced solid tumors. Additional information about the study is available at www.clinicaltrials.gov using the identifier NCT0624270.

About MacroGenics, Inc.

MacroGenics (the Company) is a biopharmaceutical company focused on developing innovative monoclonal antibody-based therapeutics for the treatment of cancer. The Company generates its pipeline of product candidates primarily from its proprietary suite of next-generation antibody-based technology platforms, which have applicability across broad therapeutic domains. The combination of MacroGenics’ technology platforms and protein engineering expertise has allowed the Company to generate promising product candidates and enter into several strategic collaborations with global pharmaceutical and biotechnology companies. For more information, please see the Company’s website at www.macrogenics.com. MacroGenics, the MacroGenics logo and DART are trademarks or registered trademarks of MacroGenics, Inc.

Cautionary Note on Forward-Looking Statements

Any statements in this press release about future expectations, plans and prospects for MacroGenics (“Company”), including statements about the Company’s strategy, future operations, clinical development of and regulatory plans for the Company’s therapeutic candidates, expected timing of the release of clinical updates and safety and efficacy data for the Company’s ongoing clinical trials, anticipated cash runway and other statements containing the words “subject to”, "believe", “anticipate”, “plan”, “expect”, “intend”, “estimate”, “potential,” “project”, “may”, “will”, “should”, “would”, “could”, “can”, the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, including our ability to execute on our key strategic priorities for 2026, constitute 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. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the reproducibility of any results initially seen in the interim MGC026 clinical data reported herein; risks that TZIELD, lorigerlimab, ZYNYZ, MGC026 or any other product or product candidate’s revenue, expenses and costs may not be as expected; risks relating to TZIELD, lorigerlimab, ZYNYZ, MGC026 or any other product candidate’s market acceptance, competition, reimbursement and regulatory actions; future data updates, including timing and results of efficacy and safety data with respect to product candidates in ongoing clinical trials; the uncertainties inherent in the initiation and enrollment of future clinical trials; the availability of financing to fund the internal development of our product candidates; expectations of expanding ongoing clinical trials; expectations for the timing and steps required in the regulatory review process; expectations for regulatory approvals; expectations of future milestone payments; the impact of competitive products; our ability to enter into agreements with strategic partners and other matters that could affect the availability or commercial potential of the Company's product candidates; business, economic or political disruptions due to catastrophes or other events, including natural disasters, terrorist attacks, civil unrest and actual or threatened armed conflict, or public health crises; costs of litigation and the failure to successfully defend lawsuits and other claims against us;; risks related to the transition of the CDMO operations to the purchaser in the Transaction, including the diversion of management's attention from the Company's ongoing business operations; risks related to the Company's post-closing manufacturing arrangements with Bora the purchaser in the Transaction, including under the manufacturing and supply agreement and the transition services agreement; the possibility that the anticipated benefits of the sale of the Company’s CDMO operations (the “Transaction”), including that the additional post-closing cash payments may not be earned or received, in whole or in part; the costs and expenses associated with the Transaction; potential litigation relating to the Transaction; and other risks described in the Company's filings with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company's views only as of the date hereof. The Company anticipates that subsequent events and developments will cause the Company's views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as may be required by law. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date hereof.



CONTACTS
Jim Karrels, Senior Vice President, CFO
1-301-251-5172
info@macrogenics.com

Argot Partners
1-212-600-1902
macrogenics@argotpartners.com

FAQ

What did MacroGenics (MGNX) announce about its Phase 1 trial of MGC026 on July 23, 2026?

MacroGenics announced an interim clinical update from its ongoing Phase 1 study of MGC026 in advanced solid tumors. According to MacroGenics, dose escalation is complete, tumor-specific cohorts are enrolling, and detailed data will be presented at the ESMO 2026 Congress in Madrid.

What is MGC026 in the MacroGenics (MGNX) Phase 1 study and how is it being dosed?

MGC026 is a B7-H3–directed antibody-drug conjugate with a topoisomerase I inhibitor-based linker-payload. According to MacroGenics, it was evaluated at 1–9 mg/kg every three weeks, with 7.5 mg/kg q3W selected for ongoing tumor-specific cohort evaluation in four solid tumor indications.

What were the key interim efficacy signals for MGC026 in SCCHN reported by MacroGenics (MGNX)?

The SCCHN cohort met a pre-specified Stage 1 response threshold and progressed to Stage 2 enrollment. According to MacroGenics, this occurred within a Simon’s two-stage design targeting 40 patients, and anti-tumor activity has been observed across several indications in the Phase 1 trial.

How many patients have been treated with MGC026 in the MacroGenics (MGNX) Phase 1 trial so far?

As of July 8, 2026, 74 patients had been enrolled across dose escalation and cohort expansion. According to MacroGenics, these patients include individuals in tumor-specific cohorts for SCCHN, endometrial cancer, melanoma and soft tissue sarcoma at sites in the US, Australia and the UK.

What safety findings for MGC026 did MacroGenics (MGNX) highlight in its July 2026 update?

MacroGenics reported that, as of July 8, 2026, no cases of interstitial lung disease or ocular toxicity had been observed. According to MacroGenics, this safety profile was seen across 74 enrolled patients in the Phase 1 dose escalation and cohort expansion study.

When and where will MacroGenics (MGNX) present MGC026 Phase 1 data at ESMO 2026?

MacroGenics plans a poster presentation at the ESMO 2026 Congress in Madrid from October 23-27, 2026. According to MacroGenics, the MGC026 Phase 1 poster (Presentation 1020P) is scheduled for Friday, October 23, from 15:15 to 16:00 CEST.

What other drug candidate besides MGC026 will MacroGenics (MGNX) feature at ESMO 2026?

MacroGenics will also present data on lorigerlimab, a bispecific DART molecule targeting PD-1 and CTLA-4. According to MacroGenics, the LINNET Phase 2 study in advanced gynecologic cancers will be shared in poster 1278P on Monday, October 26, 2026, 12:00–12:45 CEST.