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NovaBridge and Visara Announce Positive Results from VIS-101 Phase 2a Wet AMD Study

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NovaBridge (Nasdaq: NBP) and Visara announced positive topline Phase 2a results for VIS-101, a tetravalent dual VEGF-A x ANG-2 inhibitor for wet AMD, reported March 9, 2026. VIS-101 showed mean BCVA gains >10 ETDRS letters and median CST reductions of 100–150 µm.

Durability signals: ~two thirds retreatment-free at 4 months and ~half retreatment-free at 6 months after three loading doses. Safety was favorable with no dose-limiting toxicity; TEAEs related to treatment were 0% (3 mg) and 8% (6 mg). Phase 2b expected H2 2026; global Phase 3 program expected 2027.

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Positive

  • Mean BCVA improvement of >10 ETDRS letters
  • Median CST reduction of 100–150 µm
  • ~66% retreatment-free at 4 months
  • ~50% retreatment-free at 6 months
  • No dose-limiting toxicity observed

Negative

  • Small randomized study size: total n=38 limits precision
  • 6 mg cohort had higher proportion of pre-treated patients (potential confounder)
  • Treatment-related TEAEs in 8% of 6 mg patients (n=2)

News Market Reaction – NBP

+0.14%
24 alerts
+0.14% News Effect
+3.8% Peak Tracked
-17.4% Trough Tracked
+$564K Valuation Impact
$404M Market Cap
0.3x Rel. Volume

On the day this news was published, NBP gained 0.14%, reflecting a mild positive market reaction. Argus tracked a peak move of +3.8% during that session. Argus tracked a trough of -17.4% from its starting point during tracking. Our momentum scanner triggered 24 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $564K to the company's valuation, bringing the market cap to $404M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

BCVA improvement: >10 ETDRS letters CST reduction: 100–150 mm Retreatment-free at 4 months: ~two thirds of patients +5 more
8 metrics
BCVA improvement >10 ETDRS letters Mean Best Corrected Visual Acuity gain in VIS-101 Phase 2a wet AMD
CST reduction 100–150 mm Median central subfield thickness reduction in VIS-101 Phase 2a
Retreatment-free at 4 months ~two thirds of patients Durability after three loading doses in VIS-101 Phase 2a
Retreatment-free at 6 months ~half of patients Durability among treatment-naïve patients after induction
Phase 2a enrollment 38 patients Wet AMD study population in China, ages 50–80
Dose cohorts 6 mg (n=25), 3 mg (n=13) Randomized VIS-101 Phase 2a dose groups
Treatment-related TEAEs 0% (3 mg), 8% (6 mg; n=2) Treatment-emergent adverse events in VIS-101 Phase 2a
Phase timelines Phase 2b H2 2026; Phase 3 in 2027 Planned VIS-101 development milestones

Market Reality Check

Price: $3.50 Vol: Volume 1,578,136 is 2.59x...
high vol
$3.50 Last Close
Volume Volume 1,578,136 is 2.59x the 20-day average, indicating elevated trading interest ahead of the data. high
Technical Shares at $3.50 are trading below the 200-day MA of $3.87 and about one-third under the 52-week high of $5.19.

Historical Context

5 past events · Latest: Mar 03 (Neutral)
Pattern 5 events
Date Event Sentiment Move Catalyst
Mar 03 Investor call preview Neutral -7.3% Announcement of March 9 business update call to review VIS-101 data.
Mar 02 Conference presentation Neutral +5.2% Management participation in Leerink Partners 2026 Global Healthcare Conference.
Feb 19 Leadership appointment Positive +0.9% Appointment of Emmett T. Cunningham Jr. as Vice Chairman and R&D Committee member.
Feb 17 Clinical trial start Positive +2.2% First patient dosed in global Phase 2 study of givastomig in gastric cancer.
Jan 20 Insider share purchases Positive +5.1% Executive Chairman’s intent to purchase up to $5,000,000 of ADSs in market.
Pattern Detected

Recent news, especially clinical and insider-related updates, more often coincided with modest price gains, while the prior VIS-101 call announcement saw a negative reaction.

Recent Company History

Over the last several months, NovaBridge has highlighted its platform build-out and advancing pipeline. A Jan 20 update on planned $5,000,000 insider ADS purchases was followed by a positive move. Subsequent milestones included first dosing in a global Phase 2 gastric cancer study on Feb 17, and the appointment of Emmett Cunningham as Vice Chairman on Feb 19. A March business update call preview for VIS-101 data saw a negative reaction. Today’s topline VIS-101 Phase 2a results fit into this sequence of de-risking clinical milestones in ophthalmology.

Market Pulse Summary

This announcement details positive Phase 2a data for VIS-101 in wet AMD, including BCVA improvements...
Analysis

This announcement details positive Phase 2a data for VIS-101 in wet AMD, including BCVA improvements of >10 ETDRS letters, CST reductions of 100–150 mm, and durability with many patients retreatment-free for up to six months. No dose-limiting toxicity was observed. In context of NovaBridge’s recent clinical and governance milestones, this adds ophthalmology proof-of-concept. Investors may watch the planned Phase 2b study in H2 2026, the global Phase 3 program in 2027, and ongoing regulatory filings for future risk and progress signals.

Key Terms

wet amd, vegf-a, ang-2, bcva, +4 more
8 terms
wet amd medical
"in development for retinal vascular diseases including wet age-related macular degeneration (wet AMD)"
Wet AMD (wet age-related macular degeneration) is an eye disease in older adults where abnormal, leaky blood vessels grow under the retina and cause rapid vision loss in the center of the visual field. It matters to investors because it creates a sustained market for treatments, diagnostics and devices: changes in diagnosis rates, new drugs, or reimbursement rules can quickly affect healthcare revenues and the valuation of companies working on therapies.
vegf-a medical
"a tetravalent, dual VEGF-A X ANG-2 inhibitor"
VEGF-A is a naturally occurring protein that acts like a growth signal for new blood vessels, helping tissues develop or repair their blood supply. It matters to investors because many drugs and diagnostics target or measure VEGF-A to treat conditions such as cancers and eye diseases, so changes in clinical trial results, regulatory decisions, or new therapies related to VEGF-A can directly affect the value and prospects of companies developing those treatments.
ang-2 medical
"a tetravalent, dual VEGF-A X ANG-2 inhibitor"
Ang-2 (angiopoietin-2) is a naturally occurring protein that helps control how blood vessels form, grow and leak by acting like a thermostat for vessel stability. Investors care because changes in Ang-2 levels are used as a biomarker in drug development and disease diagnosis—affecting clinical trial outcomes, regulatory decisions, and the commercial potential of therapies targeting blood vessel-related conditions, much like a warning light that guides treatment strategy and market value.
bcva medical
"Mean improvement in Best Corrected Visual Acuity (BCVA) of >10"
Best corrected visual acuity (BCVA) is the sharpest level of vision a person can achieve when using the optimal prescription lenses during an eye exam, measured by reading standardized letters on a chart. Investors care because BCVA is a common, standardized clinical endpoint in eye‑disease trials and regulatory reviews; improvements in BCVA are used like a speedometer to gauge how well a treatment works and therefore influence a product’s market potential and valuation.
etdrs medical
"BCVA of >10 Early Treatment of Diabetic Retinopathy Study (ETDRS) letters"
ETDRS (Early Treatment Diabetic Retinopathy Study) refers to a standardized eye chart and scoring system used in clinical trials to measure visual acuity. It converts how many letters a person can read on a chart into a numeric score, so doctors can track small but meaningful changes in sight. Investors care because ETDRS scores are common, objective endpoints in ophthalmology trials and can determine whether a treatment is judged effective.
cst medical
"Median central subfield thickness (CST) reduction of 100-150 mm"
CST is a time-zone abbreviation used to stamp when an event, filing or market notice occurred; it tells readers which local clock is being referenced. Because the same letters can mean different regional zones (for example, North American Central Standard Time or China Standard Time), investors should check the context or the listed UTC offset to know the exact moment an announcement was made—timing affects trading, deadlines and market reactions.
treatment emergent adverse events medical
"treatment-related treatment emergent adverse events (TEAEs) were 0% (n=0)"
Treatment emergent adverse events are any new or worsened medical problems that appear after a patient starts a drug or medical intervention during a clinical trial. Investors care because the number, severity, and frequency of these events influence safety profiles, regulatory approval chances, and market acceptance; think of them like unexpected problems that crop up after installing a software update—minor ones may be manageable, but serious or common issues can stall or derail the product.
phase 2a medical
"topline results from the Phase 2a study of VIS-101"
Phase 2a is an early stage in testing a new medical treatment or drug, where the main goal is to assess its safety and find the right dosage. For investors, this stage indicates whether the treatment shows initial promise before moving on to larger, more definitive studies; progress here can influence expectations for future development and potential success.

AI-generated analysis. Not financial advice.

  • VIS-101, purpose-designed to be best-in-class for retinal vascular diseases, is a tetravalent, dual VEGF-A X ANG-2 inhibitor
  • Topline Phase 2a data show VIS-101 provides rapid, robust and durable treatment responses in wet AMD
  • VIS-101 demonstrated mean BVCA improvements of >10 ETDRS letters and median CST reductions of 100-150 mm
  • Potentially best-in-class durability with a favorable safety profile and no dose-limiting toxicity
  • Phase 2b dose-determining study expected to begin in H2 2026; global Phase 3 program expected to begin in 2027
  • Conference Call and Webcast today, March 09 at 9:00 AM ET

ROCKVILLE, Md., March 09, 2026 (GLOBE NEWSWIRE) -- NovaBridge Biosciences (Nasdaq: NBP) (NovaBridge or the Company) a global biotechnology platform company committed to accelerating access to innovative medicines, and its subsidiary, Visara, Inc. (Visara), today announced positive topline results from the Phase 2a study of VIS-101, a purpose-designed tetravalent, dual VEGF-A X ANG-2 inhibitor in development for retinal vascular diseases including wet age-related macular degeneration (wet AMD), diabetic macular edema (DME), and retinal vein occlusion (RVO). Topline results show that VIS-101 produced rapid, robust and durable treatment responses in wet AMD, with potential best-in-class durability and a favorable safety profile. Wet AMD affects more than 20 million people globally1.

Topline Data:

VIS-101 produced rapid and robust efficacy, and durable treatment responses with both 3 mg and 6 mg dose cohorts:

  • Mean improvement in Best Corrected Visual Acuity (BCVA) of >10 Early Treatment of Diabetic Retinopathy Study (ETDRS) letters
  • Median central subfield thickness (CST) reduction of 100-150 mm
  • Potential best-in-class durability with:
    • ~two thirds of patients retreatment-free at 4 months
    • ~half of patients retreatment-free at 6 months
  • Favorable safety and no dose limited toxicity

“I am encouraged by the positive Phase 2a safety and efficacy data as it provides important proof-of-concept for VIS-101 as a potential treatment for wet AMD. The data validates VIS-101’s purpose-engineered design and gives us added confidence in its potential to deliver best-in-class durability while maximizing visual gains in the treatment of wet AMD,” said Emmett T. Cunningham, Jr., MD, PhD, MPH, Founder and Executive Chairman of Visara and Vice-Chairman of the NovaBridge Board of Directors. “The data clearly show that VIS-101 produced rapid, robust and durable treatment responses, with favorable tolerability, after three loading doses. Importantly, VIS-101 also demonstrated potential best-in-class durability, with nearly half of treatment naïve patients remaining retreatment free for more than six months following induction. Such strong clinical results provide a meaningful foundation to advance our development program, including plans to initiate a dose-determining Phase 2b study in the second half of this year, followed by a global Phase 3 program in 2027.”

“This study is an important milestone for VIS-101. As a retina specialist and drug developer, I am truly encouraged by VIS-101’s emerging product profile. The combination of robust visual and anatomic improvements, with potentially best-in-class durability and a favorable safety profile shown to date by VIS-101, has the potential to offer tangible benefits to people living with wet AMD and other retinal vascular diseases where the high treatment burden required by current therapies impacts their visual outcomes. I am energized to continue to partner with the Visara team and the retina and patient community worldwide as we work to bring this innovative potential therapy to patients in need,” said Carlos Quezada-Ruiz, MD, FASRS, Chairman of the Scientific Advisory Board of Visara.

Nikolas JS London, MD, FACS, Managing Partner and President, Retina Consultants San Diego added, “It’s an exciting time in our field. The widespread adoption of faricimab has firmly established dual VEGF-A/ANG-2 inhibition as the pathway forward for retinal vascular disease. Durability remains the greatest unmet need, and the Phase 2a data for VIS-101 — with nearly half of treatment-naïve patients retreatment-free at six months after just three loading doses — is among the most encouraging I’ve seen at this stage. If Phase 3 data bear out, I would expect widespread adoption and meaningful benefit for the millions of patients living with these conditions.”

“The positive data reported today for VIS-101 is an important inflection point for Visara, NovaBridge, and our investors. It further de-risks the development of VIS-101 and provides greater visibility to the value-creation potential of NovaBridge’s global biotech platform and our unique “hub-and-spoke” business strategy of partnering with world-class industry leaders to identify and accelerate the development of highly differentiated innovative programs,” said Sean Fu, PhD, MBA, Chief Executive Officer of NovaBridge. “These results provide a helpful blueprint and offer an encouraging sign that we are well placed for success as we continue to build our portfolio.”

About the Randomized Phase 2a Study of VIS-101 in Wet AMD

Patient Characteristics:

The study enrolled 38 patients in China, aged 50-80 years of age with wet AMD (both treatment naïve and pre-treated). Patients were randomized 2:1 between 6mg dose (n=25) and 3 mg (n=13). Baseline characteristics were similar between both dose groups (noting a slightly higher proportion of pre-treated patients in the 6 mg dosing group).

Baseline Patient Demographics: Similar between dosing groups

Topline Phase 2a Data
Based on patients in the 6mg and 3mg dosing groups
Dose level6 mg (n=25)3 mg (n=13)Total (n=38)
Patients   
Age (years of age)   
   •     Average69.571.5 
Gender (%)   
   •     Male/Female68%/32%61.5%/38.5%65.8%/34.2%
Mean Baseline BCVA (Letters)54.752.353.9
Median Baseline CST (mm)417.2407.6413.9
Prior Anti-VEGF Therapy (%)   
   •     Yes/No52%/48%30.8%/69.2%44.7%/55.3%
 

Safety: VIS-101 Demonstrated a Favorable Safety Profile With No Dose-Limiting Toxicity

  • The total treatment-related treatment emergent adverse events (TEAEs) were 0% (n=0) in the 3 mg dose and 8% (n=2) in the 6 mg dose, with 1 event each in two separate patients.

Conference Call and Webcast

NovaBridge will host an Investor Update call today, March 09, 2026, at 9:00 AM ET

A replay of the webcast will be available on the News & Events page of the Investors section of the NovaBridge website for 90 days at: https://www.novabridge.com/investors/news-events/event-calendar.

About the Randomized Phase 2a Study of VIS-101 in Wet AMD

The Phase 2a randomized study (NCT05456828) evaluated the safety and efficacy of VIS-101 (aka AM712 or ASKG712) in patients with wet AMD, including patients who were naïve to treatment or VEGF-experienced. The study enrolled a total of 38 wet AMD patients in China.

Patients were randomized 2:1 to 6mg VIS-101 (n=25) or 3 mg VIS-101 (n=13). The primary endpoint was safety and pharmacokinetics and the secondary endpoint was efficacy, measured by best corrected visual acuity (BCVA) change from baseline (assessed by early treatment diabetic retinopathy scale (ETDRS Letters), change in central subfield thickness (CST, measured in mm), and retreatment rate. Subjects were given three loading doses at weeks 0, 4 and 8, with monthly follow-up to week 36 or retreatment (based on protocol-defined Disease Activity Criteria based on BCVA, CST and wet AMD activity). Safety and efficacy endpoints were assessed at each visit including 24 weeks (6 months) after the last loading dose.

About VIS-101

VIS-101 (also known as ASKG712 or AM712), purpose-designed to be best-in-class, is a dual VEGF-A X ANG-2 inhibitor in development for the treatment of retinal vascular diseases, such as wet AMD, diabetic macular edema (DME) and retinal vein occlusion (RVO), which affect more than 57 million people globally1. VIS-101’s bispecific, tetravalent design format provides more binding sites and increased VEGF-A and ANG-2 affinity, for rapid, robust and class-leading durable responses. VIS-101 has completed initial safety and dose-escalation studies in both the US and China and a randomized, dose-ranging 2a study in China (NCT05456828). VIS-101 is expected to advance to a dose-determining Phase 2b study in 2026, with initiation of the global Phase 3 program in 2027.

Source information:

  1. Invest Ophthalmol Vis Sci. 2021 Nov 24; 62 (14): 26. doi: 10.1167/iovs.62.14.26

About Visara, Inc.

Visara is a clinical-stage biopharmaceutical company focusing on the development of best-in-class ophthalmic therapeutics. The Company is led by Co-Founder and Executive Chairman Emmett T. Cunningham, Jr., MD, PhD, MPH, a physician, innovator, entrepreneur, and investor and internationally recognized specialist in infectious and inflammatory eye disease, and Chief Medical Officer Cadmus Rich, MD, MBA, a serial entrepreneur and seasoned ophthalmic drug developer. NovaBridge is the majority shareholder of Visara, and Visara controls global rights to VIS-101, outside of Greater China and certain countries in Asia.

About NovaBridge

NovaBridge is a global biotechnology platform company committed to accelerating access to innovative medicines. The Company combines deep business development expertise with agile translational clinical development to identify, accelerate, and advance breakthrough assets. By bridging science, strategy, and execution, NovaBridge enables transformative therapies to progress rapidly from discovery toward patients in need.

The Company’s differentiated pipeline is led by givastomig, a potential best-in-class, Claudin 18.2 X 4-1BB bispecific antibody, and VIS-101, purpose-designed to be a best-in-class dual VEGF-A X ANG-2 inhibitor.

Givastomig conditionally activates T cells via the 4-1BB signaling pathway in the tumor microenvironment where Claudin 18.2 is expressed. Givastomig is being developed to treat Claudin 18.2-positive gastric cancer and other gastrointestinal malignancies. The product candidate is being evaluated in a global, randomized Phase 2 study, following the recent announcement of positive topline results from a Phase 1b, multi-center, open label study in first line gastric cancer. The Company is also collaborating with its partner, ABL Bio, for the development of ragistomig, a bispecific antibody integrating PD-L1 as a tumor engager and 4-1BB as a conditional T cell activator, in solid tumors. Additionally, NovaBridge owns worldwide rights outside of China to uliledlimab, an anti-CD73 antibody that targets adenosine-driven immunosuppression in cancer.

VIS-101 targets VEGF-A and ANG-2 to provide more rapid, robust and durable treatment responses for patients with retinal vascular diseases including wet age-related macular degeneration, diabetic macular edema, and retinal vein occlusion. VIS-101 has completed a randomized, dose-ranging Phase 2a study for wet AMD and expects to initiate a Phase 2b study in H2 2026. NovaBridge is the majority shareholder of Visara, Inc., and Visara controls global rights to VIS-101, outside of Greater China and certain countries in Asia.

For more information, please visit www.novabridge.com and follow us on LinkedIn.

Forward Looking Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “believes”, “designed to”, “anticipates”, “future”, “intends”, “plans”, “potential”, “estimates”, “confident”, and similar terms or the negative thereof. NovaBridge may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the SEC), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements in this press release include, without limitation, statements regarding: the strategy, clinical development, plans, results, safety and efficacy givastomig, VIS-101 and its other drug candidates; the strategic and clinical development of NovaBridge’s drug candidates, including givastomig, ragistomig, uliledlimab, and VIS-101; the impact of independent evaluations of our clinical trial results; anticipated clinical milestones and results, and related timing. Forward-looking statements involve inherent risks and uncertainties that may cause actual results to differ materially from those contained in these forward-looking statements, including but not limited to the following: the Company’s ability to demonstrate the safety and efficacy of its drug candidates; the clinical results for its drug candidates, which may or may not support further development or New Drug Application/Biologics License Application (NDA/BLA) approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of the Company’s drug candidates; the Company’s ability to achieve commercial success for its drug candidates, if approved; the Company’s ability to obtain and maintain protection of intellectual property for its technology and drugs; the Company’s reliance on third parties to conduct drug development, manufacturing and other services; the Company’s limited operating history and the Company’s ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and those risks more fully discussed in the “Risk Factors” section in the Company’s annual report on Form 20-F filed with the SEC on April 3, 2025 as well as the discussions of potential risks, uncertainties, and other important factors in the Company’s subsequent filings with the SEC. All forward-looking statements are based on information currently available to the Company. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by law.

NovaBridge Investor & Media Contacts

PJ Kelleher
LifeSci Advisors
+1-617-430-7579
pkelleher@lifesciadvisors.com

NovaBridge Biosciences
+1-240-745-6330
IR@novabridge.com


FAQ

What did NovaBridge (NBP) report about VIS-101 Phase 2a results on March 9, 2026?

VIS-101 showed rapid, robust efficacy with mean BCVA gains >10 ETDRS letters and median CST reductions of 100–150 µm. According to the company, durability signals included ~two thirds retreatment-free at 4 months and ~half retreatment-free at 6 months after three loading doses.

How safe was VIS-101 in the Phase 2a wet AMD study reported by NovaBridge (NBP)?

VIS-101 demonstrated a favorable safety profile with no dose-limiting toxicity observed in the study. According to the company, treatment-related TEAEs were 0% in the 3 mg group and 8% (two events) in the 6 mg group.

What is the patient population and size for NovaBridge's VIS-101 Phase 2a wet AMD study (NBP)?

The randomized Phase 2a enrolled 38 patients in China aged 50–80 with wet AMD, both treatment-naïve and pre-treated. According to the company, patients were randomized 2:1 to 6 mg (n=25) and 3 mg (n=13).

What are NovaBridge's next clinical steps for VIS-101 (NBP) after the Phase 2a topline results?

NovaBridge plans a dose-determining Phase 2b study expected to begin in H2 2026 and a global Phase 3 program expected to start in 2027. According to the company, Phase 2a results provide the basis to advance those programs.
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