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Molecular Partners Announces Presentation of First Imaging and Dosimetry Data of DLL3-Targeting Radiotherapy MP0712 in Patients at TWC 2026

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Molecular Partners (NYSE: MOLN) presented first-in-human imaging and dosimetry data for DLL3-targeting Radio-DARPin MP0712 at TWC 2026. Data from five evaluable patients using diagnostic 203Pb show tumor-specific uptake, favorable biodistribution, and dosimetry supporting a U.S. Phase 1/2a study of therapeutic 212Pb. The Phase 1/2a study is open in the U.S. with initial clinical data expected in 2026. A company webcast and conference call were held Feb 2, 2026, with commentary from Prof. Ken Herrmann.

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Positive

  • First-in-human imaging and dosimetry reported in 5 evaluable patients
  • Favorable tumor-specific uptake and rapid healthy-tissue clearance observed
  • U.S. Phase 1/2a study open with 212Pb therapeutic payload
  • Initial Phase 1 safety and activity data expected in 2026

Negative

  • Very limited clinical dataset: only five evaluable patients reported
  • No completed therapeutic efficacy data yet; results are imaging/dosimetry only

Key Figures

Evaluable patients: 5 patients Therapeutic isotope: 212Pb Diagnostic isotope: 203Pb +5 more
8 metrics
Evaluable patients 5 patients Initial imaging and dosimetry data set for MP0712
Therapeutic isotope 212Pb Radio-DARPin MP0712 therapeutic payload in Phase 1/2a study
Diagnostic isotope 203Pb Imaging and dosimetry step for MP0712 in patients
Trial phase Phase 1/2a Ongoing U.S. MP0712 study assessing safety and RP2D
ClinicalTrials.gov ID NCT07278479 Registry identifier for MP0712 Phase 1/2a study
Initial data timing 2026 Initial clinical safety and activity readout for MP0712 expected
Conference dates Jan 29–Feb 1, 2026 Theranostics World Congress 2026 in Cape Town
Webcast time Feb 2, 2026, 8:00 ET Company webcast discussing MP0712 clinical data

Market Reality Check

Price: $4.25 Vol: Volume 4,341 vs 20-day av...
normal vol
$4.25 Last Close
Volume Volume 4,341 vs 20-day average 6,155 (relative volume 0.71) ahead of the data presentation. normal
Technical Price $4.25 trades above 200-day MA at $3.91, while still 28.09% below the 52-week high.

Peers on Argus

MOLN gained 2.41% while biotech peers were mixed: INO +1.87%, NKTX -5.93%, ACTU ...

MOLN gained 2.41% while biotech peers were mixed: INO +1.87%, NKTX -5.93%, ACTU +0.21%, AVTX +0.47%, GNLX -1.48%. The pattern points to stock-specific factors rather than a coordinated sector move.

Historical Context

5 past events · Latest: Dec 18 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 18 Conference appearance Positive +1.2% J.P. Morgan Healthcare Conference presentation with corporate and clinical updates.
Dec 11 Advisory board formed Positive +4.7% Creation of SAB to guide targeted radiotherapeutics and Radio-DARPin strategy.
Nov 12 MP0712 imaging data Positive +2.5% New human imaging and mechanism data for MP0712 and IND filing plans.
Nov 03 Preclinical data Positive +12.4% Preclinical proof-of-concept for logic-gated CD3 Switch-DARPin at SITC 2025.
Nov 03 Clinical update Positive +12.4% Updated Phase 1/2a MP0533 AML data with acceptable safety and activity.
Pattern Detected

Recent news and conference updates on the DARPin and Radio-DARPin pipeline have generally coincided with positive next-day price reactions, especially around clinical or mechanistic data disclosures.

Recent Company History

Over the last few months, Molecular Partners has repeatedly highlighted progress across its DARPin platforms. Updates in November–December 2025 covered MP0712 imaging data, the formation of a radiotherapy-focused SAB, and CD3 Switch-DARPin and MP0533 clinical presentations, all with positive price reactions. Today’s MP0712 imaging and dosimetry update at TWC 2026 extends this narrative, providing additional human data that supports the ongoing U.S. Phase 1/2a study and the broader Radio-DARPin strategy.

Market Pulse Summary

This announcement highlights first-in-human imaging and dosimetry data for MP0712, a DLL3-targeting ...
Analysis

This announcement highlights first-in-human imaging and dosimetry data for MP0712, a DLL3-targeting Radio-DARPin using 203Pb and 212Pb, supporting the ongoing U.S. Phase 1/2a trial (NCT07278479). It reinforces prior disclosures that initial clinical data are anticipated in 2026. Investors may track how these results integrate with the broader Radio-DARPin pipeline referenced in recent 6-K filings, while monitoring future safety and activity updates from the MP0712 program.

Key Terms

dosimetry, alpha-emitting isotopes, phase 1/2a, spect/ct, +2 more
6 terms
dosimetry medical
"First imaging and dosimetry data of MP0712, its DLL3-targeted Radio-DARPin"
Dosimetry is the measurement and calculation of how much ionizing radiation is absorbed by people, tissues, or devices, similar to a thermostat tracking temperature in different rooms to know where and how much heat is present. Investors should care because accurate dosimetry underpins safety, treatment effectiveness, regulatory approval, and liability for products and services that use radiation—affecting market access, costs, and commercial risk.
alpha-emitting isotopes medical
"precise delivery of potent alpha-emitting isotopes to tumors"
Alpha-emitting isotopes are unstable atomic forms that release high-energy, heavy particles called alpha particles; imagine tiny, powerful bullets that travel only a short distance before stopping. They matter to investors because these isotopes are used in targeted cancer therapies and diagnostic tools, so their availability, regulatory approval, manufacturing complexity, safety handling and cost can directly affect the commercial prospects and value of companies involved.
phase 1/2a medical
"The Phase 1/2a study of MP0712 (ClinicalTrials.gov: NCT07278479) is a multi-center study"
Phase 1/2a is an early stage in testing new medicines or treatments, combining two steps into one process. It helps researchers quickly assess whether a treatment is safe and shows signs of working, while also gathering initial information on the best dosage. For investors, this stage indicates how close a potential new therapy is to becoming available and its initial safety profile.
spect/ct medical
"203Pb/212Pb DARPin MP0712 SPECT/CT in high-grade neuroendocrine malignancies"
SPECT/CT is a medical imaging scan that combines two types of pictures: one that shows how organs and tissues are working (SPECT) and one that shows detailed anatomy (CT), layered together like a weather radar over a street map. For investors, it matters because clearer, combined images can improve diagnosis, guide treatment choices, and drive demand for imaging equipment, radiopharmaceuticals, and clinical services—factors that influence healthcare revenues and reimbursement trends.
theranostic medical
"203Pb/212Pb theranostic DARPin MP0712 in patients with small cell lung cancer"
A theranostic is a single medical approach or agent that combines diagnosis and treatment—using a test or imaging step to find patients likely to benefit, then delivering a targeted therapy tied to that same marker. For investors, theranostics can speed development, lower the chance of failed trials and concentrate sales on the right patients, like a smart key that both locates the correct lock and opens it, potentially improving clinical and commercial success.
clinicaltrials.gov regulatory
"The Phase 1/2a study of MP0712 (ClinicalTrials.gov: NCT07278479) is a multi-center study"
clinicaltrials.gov is a publicly accessible U.S. government database that lists details, timelines and status updates for medical studies testing drugs, devices or procedures. For investors it acts like a public calendar and scoreboard—showing when trials start, are delayed, or report results—so it helps gauge a company’s development progress, regulatory risk and potential value impact before official earnings or approvals are announced.

AI-generated analysis. Not financial advice.

  • Specific tumor accumulation and attractive biodistribution highly supportive of MP0712 clinical development for treatment of DLL3-expressing cancers
  • Dosimetry data highlight Radio-DARPins as vector for precise delivery of potent alpha-emitting isotopes to tumors
  • MP0712 Phase 1/2a study open in U.S. with initial clinical data expected in 2026
  • Molecular Partners to host conference call February 2 at 8AM ET (2PM CET), joined by renowned nuclear medicine expert Prof. Ken Herrmann, M.D.

ZURICH-SCHLIEREN, Switzerland and CONCORD, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Ad hoc announcement pursuant to Art. 53 LR Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a novel class of custom-built protein drugs known as DARPin therapeutics (“Molecular Partners” or the “Company”), today announced the presentation of first patient imaging and dosimetry data of MP0712, its DLL3-targeted Radio-DARPin candidate co-developed with strategic partner Orano Med, at the 8th Theranostics World Congress (TWC), taking place in Cape Town, South Africa on January 29-February 1.

The data, presented in two posters and an oral presentation, are highly supportive of the clinical development plans of MP0712 carrying the therapeutic isotope 212Pb for patients with small cell lung cancer (SCLC) and other DLL3-expressing neuroendocrine cancers. The data from five evaluable patients were generated with MP0712 carrying the diagnostic isotope 203Pb under the leadership of Dr. Mike Sathekge as part of a Named Patient Access Program under the legal framework for compassionate care in South Africa (also referred to as Section 21 of the Medicines and Related Substances Act).

"I am highly encouraged by the data generated in my group suggesting a favorable distribution profile of MP0712, a DLL3-targeted radiopharmaceutical for patients with SCLC and NEC cancers,“ said Dr. Mike Sathekge, Professor and Head of Nuclear Medicine at the University of Pretoria and Steve Biko Academic Hospital, and President and CEO of the Nuclear Medicine Research Infrastructure (NuMeRI). During the imaging step with 203Pb, we observed in our patients a promising tumor uptake, paired with a clean profile in healthy organs indicating a therapeutic potential for MP0712. I look forward to seeing this confirmed in the upcoming Phase 1 study.”

The images show specific uptake as well as robust accumulation of MP0712 in tumor lesions, with limited uptake in healthy tissues, as intended. MP0712 is half-life engineered to promote tumor uptake over time via the DLL3 internalization and replenishment mechanism. Biodistribution of MP0712 in patients with various DLL3-expressing cancers, including small cell lung, urothelial, and other neuroendocrine cancers, provides a strong rationale for broad clinical development of MP0712 in SCLC and neuroendocrine cancers. The dosimetry extrapolations support the Phase 1/2a study design of MP0712 with 212Pb as therapeutic radioactive payload.

“The clinical data presented at TWC 2026 validate our assumptions and support the ongoing U.S. Phase 1/2a study, enabling us to initiate dosing of MP0712 within a potentially therapeutic range,” said Patrick Amstutz, Ph.D., CEO of Molecular Partners. “These encouraging results reinforce our ambition to become a leader in alpha‑targeted therapies for patients with small cell lung cancer and other neuroendocrine malignancies. We thank the NuMeRi team for the strong collaboration and look forward to continuing our work together across our emerging pipeline. The biodistribution and dosimetry data demonstrate exactly what we aim to achieve with Radio‑DARPins — strong tumor accumulation with rapid clearance from healthy tissues. We look forward to sharing initial Phase 1 safety and activity data in 2026 as we advance our Radio-DARPin platform to deliver potent alpha‑emitting radioisotopes to solid tumors across multiple indications.”

The Phase 1/2a study of MP0712 (ClinicalTrials.gov: NCT07278479) is a multi-center study in the U.S., with the objectives to assess safety and determine a recommended phase 2 dose for MP0712 carrying the potent therapeutic isotope 212Pb. The study, which contains an imaging and dosimetry step with 203Pb-labeled MP0712, is ongoing with initial clinical data expected in 2026.

Details of the presentations at TWC 2026

Two Poster Presentations:

  • Abstract 207: First-in-human evaluation of DLL3-Targeting 203Pb/212Pb DARPin MP0712 SPECT/CT in high-grade neuroendocrine malignancies: safety, biodistribution, and optimal imaging windows
  • Abstract 260: First-in-human dosimetry of the DLL3-targeting 203Pb/212Pb theranostic DARPin MP0712 in patients with small cell lung cancer and high-grade neuroendocrine tumours

Time & Presenters: Friday January 30, 2026, 17:30-18:30 SAST, by the NuMeRI team of Dr. Mike Sathekge.

Oral Presentation:
Title: From DARPins to Radio-DARPin Therapeutics - Progressing the first Radio-DARPin Therapeutic MP0712 (212Pb x DLL3) for SCLC into the clinic

Time: Saturday January 31, 2026; 10:30-12:00 SAST;
Session: “Antibody Drug Conjugates and Diversification of the Mechanisms of Action”
Presented by Molecular Partners

Webcast to be held on Monday February 2 at 8:00 ET (14:00 CET):
In addition to the presentations at TWC, Molecular Partners will host a webcast to discuss the new clinical data. Prof. Ken Herrmann, Chairman of the Scientific Advisory Board at Molecular Partners, will comment on the clinical data in the webcast.

Details as follows:
For Participants who want to listen and view slides: Please register here.

For Participants who may want to ask a question following the presentation: Please register here. These participants will be provided with additional dial-in instructions to join the live conference call and will have the ability to “raise their hand" and ask a verbal question during the Q&A.

About Radio-DARPins

Molecular Partners’ Radio-DARPins are designed as ideal vectors for precise delivery of potent alpha-emitting isotopes to tumor lesions and have the potential to unlock a broad range of tumor targets for targeted radiopharmaceuticals. Building on the DARPins’ unique properties, Molecular Partners has developed a proprietary Radio-DARPin platform to address historic limitations of radioligand therapy, such as kidney accumulation and toxicity, and suboptimal tumor uptake. Molecular Partners’ Radio-DARPins addresses these limitations through half-life extension technologies and surface engineering approaches, while preserving the advantages of the small protein format.

About DARPin Therapeutics
DARPin (Designed Ankyrin Repeat Protein) therapeutics are a novel class of protein drugs based on natural binding proteins, which have been clinically validated across several therapeutic areas and developed through to the registrational stage. The key properties of DARPins – intrinsic high affinity and specificity, small size, flexible architecture, and high stability – offer unmatched advantages to drug design, such as multispecificity, broad target range, and tunable half-life. The Company’s Radio-DARPins enable highly effective and specific delivery of potent radioactive payloads to tumor lesions while sparing healthy tissues. Molecular Partners’ Switch-DARPins allow conditional, tumor-localized immune activation, which enables increased safety and potency for next-generation immune cell engagers. Powered by twenty years of DARPin leadership in the clinic, Molecular Partners has built an innovative, rapid and cost-effective DARPin drug design engine, including proprietary DARPin libraries and platforms, for candidates produced with optimized properties and tailored to therapeutic needs.

About Molecular Partners AG 
Molecular Partners AG (SIX: MOLN, NASDAQ: MOLN) is a clinical-stage biotech company pioneering a novel class of protein drugs known as DARPin therapeutics, for medical challenges other treatment modalities cannot readily address. Molecular Partners leverages the key properties of DARPins to design and develop differentiated therapeutics for cancer patients, including targeted radiopharmaceuticals and next-generation immune cell engagers. The Company has proprietary programs in various stages of pre-clinical and clinical development, as well as programs developed through partnerships with leading pharmaceutical companies and academic centers. Molecular Partners, founded in 2004, has offices in both Zurich, Switzerland and Concord, MA, USA. For more information, visit www.molecularpartners.com and find us on LinkedIn and Twitter / X @MolecularPrtnrs

For further details, please contact:
Seth Lewis, SVP Investor Relations & Strategy
Concord, Massachusetts, U.S.
seth.lewis@molecularpartners.com
Tel: +1 781 420 2361

Laura Jeanbart, PhD, Head of Portfolio Management & Communications
Zurich-Schlieren, Switzerland
laura.jeanbart@molecularpartners.com
Tel: +41 44 575 19 35

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements. Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended, including without limitation: implied and express statements regarding the clinical development of Molecular Partners’ current or future product candidates; expectations regarding timing for reporting data from ongoing clinical trials or the initiation of future clinical trials; the potential therapeutic and clinical benefits of Molecular Partners’ product candidates and its RDT and Switch-DARPin platforms; the selection and development of future programs; Molecular Partners’ collaboration with Orano Med including the benefits and results that may be achieved through the collaboration; and Molecular Partners’ expected business and financial outlook, including anticipated expenses and cash utilization for 2026 and its expectation of its current cash runway. These statements may be identified by words such as “aim”, "anticipate", “expect”, “guidance”, “intend”, “outlook”, “plan”, “potential”, “will” and similar expressions, and are based on Molecular Partners’ current beliefs and expectations. These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements. Some of the key factors that could cause actual results to differ from Molecular Partners’ expectations include, but are not limited to, those set forth in under the heading “Risk Factors” in Molecular Partners’ Annual Report on Form 20-F for the year ended December 31, 2024 and other filings Molecular Partners makes with the SEC from time to time. These documents are available on the Investors page of Molecular Partners’ website at www.molecularpartners.com.

Any forward-looking statements speak only as of the date of this press release and are based on information available to Molecular Partners as of the date of this release, and Molecular Partners assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.​


FAQ

What did Molecular Partners (MOLN) report about MP0712 imaging at TWC 2026?

They reported first-in-human imaging and dosimetry showing tumor-specific uptake and low healthy-organ signal. According to Molecular Partners, data from five evaluable patients using 203Pb-labeled MP0712 showed promising biodistribution supportive of therapeutic development with 212Pb.

Is the MP0712 Phase 1/2a study (MOLN) currently open and when are initial data expected?

Yes, the U.S. Phase 1/2a study of MP0712 is open and includes an imaging/dosimetry step. According to Molecular Partners, the study is ongoing with initial clinical safety and activity data expected to be shared in 2026.

How many patients were included in the MP0712 dosimetry dataset presented by MOLN?

The presented dataset included five evaluable patients who received 203Pb-labeled MP0712 for imaging and dosimetry. According to Molecular Partners, these cases were part of a Named Patient Access Program under South African compassionate‑use provisions.

What do the MP0712 dosimetry results mean for MOLN's therapeutic plan with 212Pb?

Dosimetry extrapolations supported dosing within a potentially therapeutic range for 212Pb-MP0712 in the planned study. According to Molecular Partners, the biodistribution and extrapolated dosimetry validate the Phase 1/2a study design and enable continued clinical dosing.

How can investors and analysts access Molecular Partners' webcast about the MP0712 data (MOLN)?

Molecular Partners held a webcast and conference call on Feb 2, 2026 to discuss the data and invited live Q&A. According to Molecular Partners, registration links were provided for participants to view slides and ask questions during the live event.
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