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Purple Biotech Highlights Significant Advantages of the Novel CAPTN-3 Tri-Specific Antibody Platform at the EACR 2025 Annual Congress

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Purple Biotech (NASDAQ/TASE: PPBT) presented new preclinical data on its CAPTN-3 tri-specific antibody platform at EACR 2025. The platform creates antibodies that safely activate both innate and adaptive immune systems to fight cancer. The lead product, IM1240, features a conditional anti-CD3 arm that activates only in tumor environments, an anti-NKG2A arm that engages NK cells and blocks immune checkpoints, and a tumor-targeting arm. Key data showed sustained tumor regression in triple negative breast cancer models, selective activation in tumor microenvironment, and synergistic effects between NK and T cell engagement. The platform demonstrated superior efficacy compared to individual antibodies and showed flexibility with other candidates like IM1060 and IM1065 also achieving significant tumor regression.
Purple Biotech (NASDAQ/TASE: PPBT) ha presentato nuovi dati preclinici sulla sua piattaforma di anticorpi tri-specifici CAPTN-3 all'EACR 2025. La piattaforma crea anticorpi che attivano in modo sicuro sia il sistema immunitario innato che quello adattativo per combattere il cancro. Il prodotto principale, IM1240, presenta un braccio anti-CD3 condizionale che si attiva solo nell'ambiente tumorale, un braccio anti-NKG2A che coinvolge le cellule NK e blocca i checkpoint immunitari, e un braccio che mira specificamente al tumore. I dati chiave hanno mostrato una regressione tumorale sostenuta nei modelli di carcinoma mammario triplo negativo, un'attivazione selettiva nel microambiente tumorale e effetti sinergici tra il coinvolgimento delle cellule NK e T. La piattaforma ha dimostrato un'efficacia superiore rispetto agli anticorpi singoli e ha mostrato flessibilità con altri candidati come IM1060 e IM1065, che hanno anch'essi ottenuto una significativa regressione tumorale.
Purple Biotech (NASDAQ/TASE: PPBT) presentó nuevos datos preclínicos sobre su plataforma de anticuerpos trispecíficos CAPTN-3 en el EACR 2025. La plataforma crea anticuerpos que activan de manera segura tanto el sistema inmunitario innato como el adaptativo para combatir el cáncer. El producto principal, IM1240, cuenta con un brazo anti-CD3 condicional que se activa solo en el entorno tumoral, un brazo anti-NKG2A que involucra las células NK y bloquea puntos de control inmunitarios, y un brazo dirigido al tumor. Los datos clave mostraron una regresión tumoral sostenida en modelos de cáncer de mama triple negativo, activación selectiva en el microambiente tumoral y efectos sinérgicos entre la activación de células NK y T. La plataforma demostró una eficacia superior en comparación con anticuerpos individuales y mostró flexibilidad con otros candidatos como IM1060 e IM1065, que también lograron una regresión tumoral significativa.
Purple Biotech (NASDAQ/TASE: PPBT)는 EACR 2025에서 CAPTN-3 삼중특이 항체 플랫폼에 대한 새로운 전임상 데이터를 발표했습니다. 이 플랫폼은 선천 면역과 적응 면역 시스템을 모두 안전하게 활성화하여 암을 공격하는 항체를 만듭니다. 주력 제품인 IM1240은 종양 환경에서만 활성화되는 조건부 항-CD3 부위, NK 세포를 활성화하고 면역 체크포인트를 차단하는 항-NKG2A 부위, 그리고 종양을 표적하는 부위를 포함합니다. 주요 데이터는 삼중 음성 유방암 모델에서 지속적인 종양 퇴축, 종양 미세환경에서의 선택적 활성화, NK 세포와 T 세포 활성화 간의 상승 효과를 보여주었습니다. 이 플랫폼은 개별 항체에 비해 우수한 효능을 입증했으며, IM1060 및 IM1065와 같은 다른 후보물질에서도 유의미한 종양 퇴축 효과를 보이며 유연성을 나타냈습니다.
Purple Biotech (NASDAQ/TASE : PPBT) a présenté de nouvelles données précliniques sur sa plateforme d’anticorps tri-spécifiques CAPTN-3 lors de l’EACR 2025. Cette plateforme génère des anticorps qui activent en toute sécurité à la fois les systèmes immunitaires inné et adaptatif pour combattre le cancer. Le produit phare, IM1240, possède un bras anti-CD3 conditionnel qui s’active uniquement dans l’environnement tumoral, un bras anti-NKG2A qui engage les cellules NK et bloque les points de contrôle immunitaires, ainsi qu’un bras ciblant la tumeur. Les données clés ont montré une régression tumorale durable dans des modèles de cancer du sein triple négatif, une activation sélective dans le microenvironnement tumoral et des effets synergiques entre l’engagement des cellules NK et T. La plateforme a démontré une efficacité supérieure par rapport aux anticorps individuels et a montré une grande flexibilité avec d’autres candidats comme IM1060 et IM1065, qui ont également obtenu une régression tumorale significative.
Purple Biotech (NASDAQ/TASE: PPBT) präsentierte auf dem EACR 2025 neue präklinische Daten zu seiner CAPTN-3 trispezifischen Antikörperplattform. Die Plattform erzeugt Antikörper, die sowohl das angeborene als auch das adaptive Immunsystem sicher aktivieren, um Krebs zu bekämpfen. Das Leitprodukt IM1240 verfügt über einen bedingten Anti-CD3-Arm, der nur in Tumorumgebungen aktiviert wird, einen Anti-NKG2A-Arm, der NK-Zellen aktiviert und Immun-Checkpoint blockiert, sowie einen Tumor-gerichteten Arm. Wichtige Daten zeigten anhaltende Tumorrückbildung in Modellen des dreifach-negativen Brustkrebses, selektive Aktivierung im Tumormikroumfeld und synergistische Effekte durch die Aktivierung von NK- und T-Zellen. Die Plattform zeigte eine überlegene Wirksamkeit im Vergleich zu einzelnen Antikörpern und bewies Flexibilität mit anderen Kandidaten wie IM1060 und IM1065, die ebenfalls eine signifikante Tumorrückbildung erreichten.
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Insights

Purple Biotech's novel CAPTN-3 platform shows promising preclinical data with tri-specific antibodies that uniquely engage both T cells and NK cells against tumors.

Purple Biotech has presented compelling preclinical data for their innovative CAPTN-3 platform at the EACR 2025 congress. This platform represents a significant advancement in cancer immunotherapy by creating tri-specific antibodies with three distinct functional arms that work synergistically. The most notable innovation is the conditional activation mechanism - the anti-CD3 arm remains "capped" until cleaved by proteases in the tumor microenvironment (TME), providing tumor-specific targeting while minimizing systemic toxicity.

What makes this platform particularly valuable is the incorporation of an anti-NKG2A arm, which serves dual functions: it engages natural killer cells and blocks an immune checkpoint present on both T and NK cells. This is scientifically significant because NKG2A interacts with HLA-E (often upregulated in tumors as an immune evasion mechanism) and its blockade can reinvigorate exhausted T cells within the tumor microenvironment.

The data demonstrated that their lead candidate IM1240 induced sustained tumor regression in triple-negative breast cancer xenograft models. The platform also showed modularity with other candidates (IM1060 and IM1065) targeting different tumor antigens while maintaining the core mechanism. This flexibility allows for potential application across multiple cancer types.

The simultaneous engagement of both innate and adaptive immunity represents a sophisticated approach to overcome tumor immune evasion, addressing a major challenge in immunotherapy. The conditional activation mechanism also addresses the critical safety concerns of cytokine release syndrome that have limited many T-cell engagers. While these results are preclinical, they demonstrate rational design principles addressing known limitations of current immunotherapies.

REHOVOT, Israel, June 23, 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 the presentation of new preclinical data on its novel CAPTN-3 tri-specific antibody platform in a poster presentation at the 2025 Annual Congress of the European Association for Cancer Research (EACR 2025), that was held in Lisbon, Portugal from June 16-19, 2025.

Purple’s proprietary CAPTN-3 platform of T-cell engagers enables the creation of a large number of antibodies to different targets, and by capping the anti-CD3 arm for conditional activation and adding an NK cell antibody arm, we are creating tri-specific antibodies that safely activate both the innate and adaptive immune systems,” said Gil Efron, Purple Biotech CEO. “Our poster at EACR 2025 highlights the flexibility and efficiency of the platform.”

The design of the CAPTN-3 lead product and other candidates in this platform includes an anti-NKG2A arm, which acts both as an NK cell antigen and as an immune checkpoint on both T cells and NK cells through its interaction with HLA-E, which is often upregulated in tumors to evade immune detection.

NKG2A expression identifies a subset of human gamma delta 2 T cells exerting the highest antitumor effector functions. Anti-NKG2A function is required to unleash the NKG2A+ gamma delta 2 T cell anti-cancer activity. Our data demonstrate that the NKG2A arm in CAPTN-3 TCE synergizes with the anti-CD3 arm to induce significant cytotoxic effects against solid tumor cells.

NKG2A is an immune checkpoint that plays an important role in the exhaustion of cytotoxic T cells in the tumor microenvironment (TME). The preclinical data demonstrate the potential of CAPTN-3 to re-invigorate exhausted T cells and efficiently kill solid tumor cells, largely attributed to the significant contribution of the unique anti-NKG2A arm.

These activities are further supported by the in-vivo data demonstrating that both the NKG2A and CD3 arms contribute to the sustained tumor regression observed in mice models. These results underscore the innovative design of CAPTN-3, highlighting the impact of the novel anti-NKG2A arm and its synergistic effect with the anti-CD3 arm.

The CAPTN-3 platform creates a tri-specific scaffold with three binding arms. In the variable region, one arm conditionally binds to CD3, only after the cap has been cleaved by proteases in the TME. The other variable region engages natural killer (NK) cells, activating the innate immune system to join activated T cells in the killing of tumor cells. The constant region of the tri-specific antibody targets tumor associated antigens (TAA) to recruit both NK and T cells to the tumor. Through activation of both the innate and adaptive immune systems, the CAPTN-3 platform can generate synergistic responses within the TME, without the risk of off-target cytokine release.

Key Highlights from the Poster Presentation:

  • Robust In Vivo Anti-Tumor Activity: The lead CAPTN-3 tribody, IM1240 (capped-CD3×5T4×NKG2A), induced sustained tumor regression in a triple negative breast cancer (TNBC) xenograft model.
  • Conditional, Tumor-Restricted Activation: The ‘capped’ CD3 arm remained inactive in serum samples of advanced cancer patients and healthy donors and is selectively unmasked by TME proteases, expanding the therapeutic window and reducing potential systemic NKG2A+NK cell depletion.
  • Dual Innate and Adaptive Engagement: IM1240’s NKG2A checkpoint blockade arm synergizes with the CD3 engager to activate both innate and adaptive immune subsets, translating to potent cytotoxicity in vitro and in vivo. The poster demonstrates:
    • Activation of the extremely high antitumor NKG2A+ gamma delta 2 T effector cells
    • Reinvigoration of exhausted T cells against solid tumor cells
    • The added value of IM1240 NKG2A arm to the in-vivo tumor suppression
  • Plug & Play Flexibility: Additional CAPTN‑3 tribodies, such as IM1060 (CD3×5T4×NKG2D) and IM1065 (CD3×EGFR×NKG2A), demonstrated significant tumor regression, underscoring the platform’s modularity and customizable capabilities.
  • Superior efficacy versus combination of individual antibodies was demonstrated.

EACR 2025 poster details are as follows:

Abstract #: EACR25-1964
Title: “CAPTN-3: A novel platform of conditionally activated T cell and NK cell engagers”
Session Title: Immunotherapy
The poster is available in the Publications section on Purple Biotech’s website.

Abstracts related to the EACR meeting will be published online following the presentation. For more information, please visit the EACR 2025 website.

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 CM24, NT219, and CAPTN-3. 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. 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 is also 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 induce 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. The Company's corporate headquarters are located in Rehovot, Israel. For more information, please visit https://purple-biotech.com/.

Forward-Looking Statements and Safe Harbor Statement

Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements that are not statements of historical fact, and may be identified by words such as "believe", "expect", "intend", "plan", "may", "should", "could", "might", "seek", "target", "will", "project", "forecast", "continue" or "anticipate" or their negatives or variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical matters. You should not place undue reliance on these forward-looking statements, which are not guarantees of future performance. Forward-looking statements reflect our current views, expectations, beliefs or intentions with respect to future events, and are subject to a number of assumptions, involve known and unknown risks, many of which are beyond our control, as well as uncertainties and other factors that may cause our actual results, performance or achievements to be significantly different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause or contribute to such differences include, among others, risks relating to: the plans, strategies and objectives of management for future operations; product development for NT219, CM24 and IM1240; the process by which such early stage therapeutic candidates could potentially lead to an approved drug product is long and subject to highly significant risks, particularly with respect to a joint development collaboration; the fact that drug development and commercialization involves a lengthy and expensive process with uncertain outcomes; our ability to successfully develop and commercialize our pharmaceutical products; the expense, length, progress and results of any clinical trials; the impact of any changes in regulation and legislation that could affect the pharmaceutical industry; the difficulty in receiving the regulatory approvals necessary in order to commercialize our products; the difficulty of predicting actions of the U.S. Food and Drug Administration or any other applicable regulator of pharmaceutical products; the regulatory environment and changes in the health policies and regimes in the countries in which we operate; the uncertainty surrounding the actual market reception to our pharmaceutical products once cleared for marketing in a particular market; the introduction of competing products; patents obtained by competitors; dependence on the effectiveness of our patents and other protections for innovative products; our ability to obtain, maintain and defend issued patents; the commencement of any patent interference or infringement action against our patents, and our ability to prevail, obtain a favorable decision or recover damages in any such action; and the exposure to litigation, including patent litigation, and/or regulatory actions, and other factors that are discussed in our Annual Report on Form 20-F for the year ended December 31, 2024 and in our other filings with the U.S. Securities and Exchange Commission ("SEC"), including our cautionary discussion of risks and uncertainties under "Risk Factors" in our Registration Statements and Annual Reports. These are factors that we believe could cause our actual results to differ materially from expected results. Other factors besides those we have listed could also adversely affect us. Any forward-looking statement in this press release speaks only as of the date which it is made. We disclaim any intention or obligation to publicly update or revise any forward-looking statement or other information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable law. You are advised, however, to consult any additional disclosures we make in our reports to the SEC, which are available on the SEC's website, https://www.sec.gov.

CONTACTS:

Company Contact:
IR@purple-biotech.com


FAQ

What is Purple Biotech's CAPTN-3 platform and how does it work?

CAPTN-3 is a tri-specific antibody platform that creates antibodies with three binding arms: a conditional CD3-binding arm that activates only in tumors, an NK cell-engaging arm, and a tumor-targeting arm. This design enables both innate and adaptive immune responses against cancer cells.

What were the key findings from Purple Biotech's (PPBT) EACR 2025 presentation?

The presentation showed that CAPTN-3's lead product IM1240 achieved sustained tumor regression in TNBC models, demonstrated selective activation in tumor environments, and showed synergistic effects between NK and T cell engagement, with superior efficacy versus individual antibodies.

How does Purple Biotech's IM1240 antibody target cancer cells?

IM1240 uses three mechanisms: it conditionally activates T cells through a capped CD3 arm, engages NK cells through an anti-NKG2A arm that also blocks immune checkpoints, and targets tumor-associated antigens to recruit both NK and T cells to the tumor site.

What makes Purple Biotech's CAPTN-3 platform unique in cancer treatment?

The platform's uniqueness lies in its tri-specific design, conditional activation only in tumor environments to reduce side effects, and ability to simultaneously engage both innate and adaptive immune responses while blocking immune checkpoints.

What other drug candidates is Purple Biotech developing with the CAPTN-3 platform?

Purple Biotech has developed additional CAPTN-3 tribodies including IM1060 (CD3×5T4×NKG2D) and IM1065 (CD3×EGFR×NKG2A), which have also demonstrated significant tumor regression in preclinical studies.
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