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Propanc Biopharma Highlights Differentiated PRP Pancreatic Cancer Data Versus Emerging Pan-RAS Program ERAS-0015

Propanc presents preclinical PDAC data for PRP and outlines a February 2027 start for a Phase 1b trial targeting advanced solid tumors.

(Positive)
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Propanc Biopharma (PPCB) reported new preclinical pancreatic ductal adenocarcinoma (PDAC) data for its lead candidate PRP, showing more than 90% mean tumor-growth inhibition and over 2.5-fold median overall survival extension versus controls in orthotopic and patient-derived xenograft models.

PRP, an intravenous fixed-ratio proenzyme combination, is described as non-cytotoxic and differentiation-based, targeting epithelial-mesenchymal transition, cancer stem cells, fibrosis, and the tumor microenvironment rather than RAS itself. The company contrasts this profile with Erasca’s oral pan-RAS molecular glue ERAS-0015 and daraxonrasib, positioning PRP as potentially complementary. PRP holds FDA Orphan Drug Designation for pancreatic cancer, with a multicenter Phase 1b first-in-human study in advanced solid tumors planned to start dosing in February 2027.

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Positive

  • >90% tumor-growth inhibition and >2.5-fold median survival extension in PDAC models
  • Marked reduction in liver and peritoneal metastases and tumor fibrosis in preclinical PDAC
  • Chemo-resensitization of gemcitabine/nab-paclitaxel–resistant PDAC cells in preclinical studies
  • PRP has FDA Orphan Drug Designation for pancreatic cancer and is genotype-agnostic
  • Planned Phase 1b multicenter study to enroll ~40–50 advanced solid tumor patients
  • Differentiation-based mechanism designed to complement RAS inhibitors such as ERAS-0015 and daraxonrasib

Negative

  • PRP evidence in PDAC is preclinical only, with limited compassionate-use data and no completed trials
  • First-in-human Phase 1b study is not expected to start dosing until February 2027, delaying potential clinical readouts

News Explained

The release adds a stage distinction rather than a new company milestone: PRP remains preclinical, while the compared ERAS-0015 evidence comes from human Phase 1 studies; Propanc’s own Phase 1b remains planned for February 2027, with no completed clinical or ownership change disclosed.

Argus Sep 22 session 6 alerts
+3.38% close to close 6.5x rel. volume Open Argus
Details

Market move: PPCB +3.38% in the Sep 22 session. preclinical PDAC data

+10.3% Peak in 0 min
$1.65M Market Cap

On Sep 22, the day this news came out, PPCB closed 3.38% above the previous close. Argus tracked a peak move of +10.3% during that session. Our momentum scanner recorded 6 alerts for this stock that day. Relative volume reached 6.5x the daily average during tracking.

Data tracked by StockTitan Argus for the Sep 22 session.

Market Context

The Aug 27 preclinical-data release was followed by a 109.35% 24-hour move, providing a directly com...
Analysis

The Aug 27 preclinical-data release was followed by a 109.35% 24-hour move, providing a directly comparable prior market datapoint; this article added cross-program comparison without human PRP results.

Key Figures

Tumor-growth inhibition: >90% Statistical significance: p < 0.001 Median survival extension: >2.5-fold +4 more
Tumor-growth inhibition
>90%
Advanced PDAC orthotopic and PDX models versus vehicle controls
Statistical significance
p < 0.001
PRP tumor-growth inhibition results
Median survival extension
>2.5-fold
Treated animals versus controls in PDAC models
PRP formulation ratio
1:6
Trypsinogen to chymotrypsinogen fixed-ratio combination
Phase 1b enrollment
Approximately 40 to 50 patients
Planned advanced solid-tumor first-in-human study
First patient dosing
February 2027
Target for the planned Phase 1b study
ERAS-0015 uORR
57% unconfirmed 8-week ORR
32 mg once-daily recommended expansion dose in second-line or later KRAS G12X PDAC

Historical Context

4 past events · Latest: Aug 27
4 events
  1. Aug 27

    Preclinical PDAC data

    24h Move
    +109.3%

    PRP showed greater than 90% tumor inhibition and more than 2.5-fold survival extension

  2. Aug 12

    PRP program update

    24h Move
    +3.4%

    Company highlighted PRP's preclinical activity and planned Phase 1b development

  3. Sep 09

    Phase 1b study plan

    24h Move
    -3.9%

    Company planned a February 2027 first-in-human study of PRP

  4. Aug 18

    Clinical study preparation

    24h Move
    -1.7%

    Company finalized protocol and feasibility work for a Phase 1b study

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

Key Terms

pdac, epithelial-mesenchymal transition, cancer stem cells, tumor microenvironment, +2 more
6 terms
pdac medical
"advanced PDAC, three-times-weekly intravenous PRP achieved"
PDAC stands for pancreatic ductal adenocarcinoma, the most common and aggressive form of pancreatic cancer that starts in the pancreas’s duct cells. It matters to investors because PDAC represents a large unmet medical need with high patient mortality, driving intense drug development, clinical trial activity and potential regulatory milestones—like a critical, hard-to-fix engine part whose failure creates urgent demand for effective solutions, affecting a company’s valuation and risk profile.
epithelial-mesenchymal transition medical
"reverses EMT, depletes CSCs, and remodels the fibrotic tumor microenvironment"
A biological process in which normally stationary, tightly connected cells change into a more flexible, mobile state that lets them move and invade other tissues, like bricks in a wall turning into travelers. For investors, it matters because this behavior can drive disease aggressiveness, treatment resistance and influence which drug targets and diagnostic tests are valuable, affecting clinical trial success, commercial prospects and company valuations.
cancer stem cells medical
"reverses EMT, depletes CSCs, and remodels the fibrotic tumor microenvironment"
Cells within a tumor that behave like seeds: they can regenerate the cancer, survive treatments, and drive relapse and spread. For investors, therapies that effectively target these cells are important because they promise longer-lasting cures and lower recurrence rates, which can increase the commercial value of a drug or change the outlook for companies developing cancer treatments.
tumor microenvironment medical
"remodels the fibrotic tumor microenvironment (TME)"
The tumor microenvironment is the immediate area surrounding a cancer cell, made up of nearby cells, blood vessels, and support structures that influence how the cancer grows and spreads. It functions like a bustling neighborhood that can either help or hinder the tumor’s development. For investors, understanding changes in this environment can signal the effectiveness of treatments and potential shifts in a cancer-related market.
unconfirmed overall response rate medical
"Unconfirmed overall response rates (uORR) of 40% at pharmacologically active doses"
The unconfirmed overall response rate is the share of patients in a clinical study who initially show a measurable tumor shrinkage meeting predefined criteria (complete or partial response) but whose responses have not yet been verified by a follow-up assessment. It signals an early, first-look measure of how many patients appear to benefit from a treatment—like a first impression before a second opinion—and matters to investors because it can indicate potential efficacy while being less certain and often larger than the confirmed response rate used for regulatory decisions.
pharmacokinetics medical
"progressing GMP manufacturing, pharmacokinetics assay validation"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.

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

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New Preclinical PDAC Package for PRP Shows >90% Tumor-Growth Inhibition & >2.5-Fold Survival Benefit; Company Contrasts Mechanism, Breadth, & Development Role Against Erasca’s Phase 1 ERAS-0015 Dataset

MELBOURNE, Australia, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Propanc Biopharma, Inc. (Nasdaq: PPCB) (“Propanc” or the “Company”), a biopharmaceutical company focused on developing novel treatments for chronic diseases, including recurrent and metastatic cancer, today issued a comparative analysis of lead candidate PRP against recently reported clinical datasets from Erasca, Inc.’s pan-RAS molecular glue ERAS-0015 in pancreatic ductal adenocarcinoma (PDAC).

The analysis follows FDA approval of Revolution Medicines’ daraxonrasib in pretreated metastatic PDAC in August 2026 and FDA Fast Track designation for ERAS-0015 in metastatic pancreatic adenocarcinoma on August 24, 2026. Propanc believes these advances validate RAS as a tractable driver in PDAC while simultaneously highlighting the biology RAS inhibition leaves unaddressed — epithelial-mesenchymal transition (EMT), cancer stem cells (CSCs), fibrosis, and metastatic dissemination.

PRP, a proprietary fixed-ratio combination of the pancreatic proenzymes, trypsinogen and chymotrypsinogen (1:6), does not inhibit RAS. Instead, it promotes differentiation of malignant cells toward a more normal phenotype, reverses EMT, depletes CSCs, and remodels the fibrotic tumor microenvironment (TME). The Company believes this non-cytotoxic, differentiation-based approach is complementary to — not competitive with — RAS(ON) inhibitors and pan-RAS molecular glues, including ERAS-0015.

PRP Preclinical Profile in Advanced PDAC

In orthotopic and patient-derived xenograft (PDX) models of advanced PDAC, three-times-weekly intravenous PRP achieved:

  • Greater than 90%, mean, tumor-growth inhibition versus vehicle controls (p < 0.001).
  • Marked reduction in metastatic burden in the liver and peritoneum.
  • Significant remodeling of the tumor microenvironment, including decreased cancer-associated fibroblast activity, reduced fibrosis, and suppression of EMT markers.
  • Enhanced sensitivity of chemo-resistant PDAC cells to standard-of-care gemcitabine/nab-paclitaxel, supporting the potential for lower chemotherapy doses with improved efficacy.
  • Median overall survival extension of more than 2.5-fold in treated animals compared with controls.

These results complement previously reported >85% tumor-growth inhibition data and peer-reviewed findings on PRP’s effects on PDAC fibroblasts. Limited prior compassionate-use experience with related proenzyme formulations has shown signals of prolonged survival in advanced solid-tumor patients, with a favorable safety profile and no severe treatment-related adverse events.

PRP holds FDA Orphan Drug Designation for pancreatic cancer and is not restricted to a specific RAS genotype, supporting potential broad applicability across solid tumors and possible use in combination or sequential settings with RAS inhibitors or standard chemotherapy.

ERAS-0015 Clinical Snapshot in PDAC

According to Erasca’s public disclosures, ERAS-0015 is an oral pan-RAS molecular glue designed to inhibit RAS signaling, including signaling driven by mutant RAS. Preliminary Phase 1 monotherapy data from the U.S. AURORAS-1 trial and the China JYP0015M101 study have shown:

  • Unconfirmed overall response rates (uORR) of 40% at pharmacologically active doses of 16–32 mg once daily and 42% at recommended expansion doses of 24–32 mg in second-line KRAS G12X PDAC.
  • A July 2026 update reporting a 57% unconfirmed 8-week ORR at the 32 mg once-daily recommended expansion dose in second-line or later KRAS G12X PDAC. Responding patients remained on treatment as of May 25, 2026, data cutoff.
  • Generally favorable early tolerability, with mostly low-grade treatment-related adverse events, no dose-limiting toxicities at disclosed cutoffs, and 100% median relative dose intensity at 24 mg and 32 mg once daily.
  • FDA Fast Track designation for metastatic pancreatic adenocarcinoma (August 24, 2026), with Erasca outlining a planned Phase 3 PDAC trial and additional registration-oriented studies in lung cancer.

Propanc congratulates Erasca on Fast Track designation and on the early clinical activity observed with ERAS-0015. High response rates in RAS-mutant PDAC are an important advance for patients. The Company’s thesis is that converting those responses into deeper, more durable remissions will require a second layer of biology — reversing the mesenchymal, stem-like, fibrotic program that enables residual disease to persist, disseminate, and resist pathway blockade.

Comparative Snapshot

Sources: Company disclosures and peer-reviewed or conference reports as of September 2026. PRP efficacy cited is preclinical. ERAS-0015 and daraxonrasib data are from human clinical trials. Cross-modality numerical comparisons are directional only and are not head-to-head results.

AttributePRP (PPCB)ERAS-0015 (ERAS)Daraxonrasib (RVMD)
ModalityIV proenzyme combo (trypsinogen + chymotrypsinogen, 1:6)Oral pan-RAS molecular glueOral RAS(ON) multi-selective inhibitor
Primary nodeDifferentiation / EMT reversal / CSCs / TMEPan-RAS (KRAS G12X and related)Oncogenic RAS(ON) signaling
Evidence stagePreclinical PDAC + limited compassionate use; Phase 1b planned February 2027Phase 1 dose-escalation / expansion; Fast Track; registration path outlinedPhase 3 PDAC; FDA approved August 2026 for pretreated metastatic PDAC
PDAC activity>90% TGI; >2.5× median OS in models; metastasis and fibrosis reducedPh1 2L KRAS G12X: uORR 40–42%; 57% uORR8wk at 32 mg RDE (2L+)Ph3 2L: mOS 13.2 vs 6.6–6.7 mo; mPFS 7.3 vs 3.5 mo; ORR ~33% vs ~12%
Genotype limitNot RAS-mutation restricted; FDA Orphan Drug Designation for pancreatic cancerRAS / KRAS G12X-enriched populationsRAS-mutant tumors (multi-selective, not G12C-only)
Resistance biology addressedEMT, CSCs, CAFs, fibrosis, metastasis, chemo re-sensitizationRAS output; combinations (e.g., anti-EGFR) being exploredOncogene-addicted proliferation; adaptive MAPK reactivation remains a known class issue


Why PRP May Complement ERAS-0015 and Other RAS Agents

RAS mutations drive approximately 90% of PDAC. Oral RAS inhibitors have now produced practice-changing clinical results. Propanc’s view is that turning RAS off is necessary but may not be sufficient.

Cells that survive RAS blockade are frequently mesenchymal and stem-like. EMT is the program that allows carcinoma cells to leave the primary site, hide from therapy, and return. Fibrosis and cancer-associated fibroblasts further limit drug penetration and sustain a CSC reservoir through TGF-β signaling. None of those liabilities is the primary target of a “pan-RAS molecular glue”.

PRP is designed to act downstream of the GTPase:

  • Proenzyme activation and PAR signaling. After intravenous administration, trypsinogen and chymotrypsinogen are activated and engage PAR-1 and PAR-2, which are frequently overexpressed on tumor cells. This cascade is associated with reduced TGF-β pathway output — a master inducer of EMT in late-stage cancer.
  • Restoration of an epithelial phenotype. PRP increases epithelial adhesion proteins such as E-cadherin and β-catenin and decreases EMT transcription factors. Cells become less motile, more adherent, and more differentiated.
  • Depletion of cancer stem cells. In pancreatic CSC models, PRP reduced ALDH-high cells and surface markers CD44, CD326, and CXCR4; suppressed primary and secondary sphere formation; and impaired tumor engraftment in vivo.
  • TME remodeling and chemo-sensitization. Decreased CAF activity and fibrosis can improve drug delivery. By pushing cells out of a mesenchymal, drug-tolerant state, PRP resensitized chemo-resistant PDAC cells to gemcitabine/nab-paclitaxel. The same logic applies to RAS inhibitors: a smaller mesenchymal reservoir should leave fewer cells capable of adaptive resistance.

“RAS inhibitors have rewritten what is possible in pancreatic and RAS-mutant lung cancer. That is a genuine inflection point for patients,” said Mr. James Nathanielsz, Propanc’s Chief Executive Officer. “Our thesis is that turning RAS off is necessary but may not be sufficient. The cells that survive RAS blockade are often the mesenchymal, stem-like cells that PRP differentiate and disarm. If that biology holds in the clinic, PRP could help RAS-focused companies — including programs such as ERAS-0015 — convert high response rates into longer, cleaner remissions.”

“EMT is the program that lets a carcinoma leave home, hide, and return,” said Dr. Ralf Brandt, Propanc’s Research & Development Director. “PRP does not compete with daraxonrasib or ERAS-0015 at the GTPase. It reverses the downstream identity change those tumors used to resist almost every class of drug. That is why we see suppression of EMT markers, loss of CSC phenotypes, less fibrosis, fewer metastases, and more than a two-and-a-half-fold survival extension in PDAC models. Those are the exact liabilities a RAS inhibitor leaves on the table.”

“Pancreatic cancer remains one of oncology’s greatest challenges, with five-year survival rates still near 13% and limited durable options for patients with metastatic disease,” Mr. Nathanielsz added. “We are accelerating our Phase 1b First-in-Human study in advanced solid tumors, with pancreatic cancer as a key focus indication. PRP’s orphan designation, genotype-agnostic mechanism, and complementary profile versus emerging RAS agents give us strong conviction as we move toward the clinic.”

Clinical Development Path

The Company is progressing GMP manufacturing, pharmacokinetics assay validation, and clinical partnerships in support of a planned Phase 1b First-in-Human study. The multicenter, open-label study is expected to enroll approximately 40 to 50 patients with advanced solid tumors, including pancreatic, ovarian, and other refractory cancers, with first patient dosing targeted for February 2027. A clinical trial application is expected in the coming months.

Propanc intends to evaluate PRP both as a single agent and, subject to emerging clinical data and partner interest, as a potential backbone in combination or sequential regimens with RAS-targeted therapies and standard chemotherapy.

About Propanc Biopharma, Inc.

Propanc Biopharma, Inc. (Nasdaq: PPCB) is developing a novel approach to preventing cancer recurrence and metastasis by targeting and eradicating cancer stem cells through proenzyme activation. The Company’s lead product candidate, PRP, is designed to address the underlying drivers of cancer proliferation and spread.

More information: www.propanc.com

Forward-Looking Statements

All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company’s expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors, made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are not historical facts but rather are based on the Company’s current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as “may,” “will,” “could,” “would,” “should,” “anticipate,” “predict,” “potential,” “continue,” “expect,” “intend,” “plan,” “project,” “believe,” “estimate,” and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company’s control. Forward-looking statements are not guarantees of future actions or performance. Actual results may differ materially from those in the forward-looking statements because of several factors, including, without limitation, risks and uncertainties related to market conditions, as well as those risks described under “Risk Factors” in the prospectus related to the proposed offering and those described in the Company’s filings with the SEC. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

Company:
Propanc Biopharma, Inc.
James Nathanielsz
+61-3-9882-0780
info@propanc.com

Investor Contact:
irteam@propanc.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is PRP and how does it differ from RAS inhibitors like ERAS-0015 and daraxonrasib?

PRP is an intravenous fixed-ratio combination of the pancreatic proenzymes trypsinogen and chymotrypsinogen (1:6). It does not inhibit RAS signaling; instead, the company says PRP promotes differentiation of malignant cells toward a more normal phenotype, reverses epithelial-mesenchymal transition, depletes cancer stem cells, and remodels the fibrotic tumor microenvironment. ERAS-0015 and daraxonrasib are oral agents that directly target RAS-driven signaling, whereas PRP is designed to act downstream and potentially complement those drugs.

What preclinical pancreatic cancer effects did PRP demonstrate?

In orthotopic and patient-derived xenograft PDAC models, three-times-weekly intravenous PRP achieved more than 90% mean tumor-growth inhibition versus vehicle, markedly reduced liver and peritoneal metastases, decreased cancer-associated fibroblast activity and fibrosis, suppressed EMT markers, enhanced sensitivity of chemo-resistant cells to gemcitabine/nab-paclitaxel, and extended median overall survival by more than 2.5-fold compared with controls.

What is known about PRP’s safety from prior human use?

The company cites limited prior compassionate-use experience with related proenzyme formulations in advanced solid-tumor patients, where signals of prolonged survival and a favorable safety profile with no severe treatment-related adverse events were observed. PRP itself is at a preclinical stage, with a Phase 1b study planned.

How is the planned Phase 1b study of PRP in humans structured?

The planned multicenter, open-label Phase 1b first-in-human study is expected to enroll approximately 40 to 50 patients with advanced solid tumors, including pancreatic, ovarian, and other refractory cancers. First patient dosing is targeted for February 2027, following completion of GMP manufacturing, pharmacokinetics assay validation, and clinical partnership arrangements.

In what ways might PRP be used alongside RAS-targeted therapies?

Propanc intends to evaluate PRP both as a single agent and, subject to emerging clinical data and partner interest, as a potential backbone in combination or sequential regimens with RAS-targeted therapies and standard chemotherapy. The company’s view is that by reversing EMT, depleting cancer stem cells, and reducing fibrosis, PRP may help convert initial responses to RAS inhibitors into deeper and more durable remissions.

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