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Propanc Biopharma to Initiate World-First Phase 1b First-in-Human Study of PRP in February 2027

Propanc Biopharma prepares PRP for first clinical testing in advanced solid tumor patients through a two-part Phase 1b trial in Australia.

(Positive)
Tags

Propanc Biopharma (PPCB) plans to start a world-first Phase 1b first-in-human study of its lead candidate PRP in February 2027.

The multicenter, open-label trial in Australia will enroll up to 50 patients with advanced solid tumors, using a two-part design with dose escalation followed by dose expansion. The study will assess safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary antitumor activity. GMP manufacturing of PRP, PK method validation, anti-drug antibody assay development, and preparation for a Human Research Ethics Committee submission targeted for November 2026 are underway.

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Positive

  • Phase 1b FIH trial planned to enroll up to 50 advanced solid tumor patients in Australia
  • GMP manufacturing of finished PRP drug product is underway with multiple scale-up runs scheduled
  • Regulatory timeline includes targeted Human Research Ethics Committee submission in November 2026

Negative

  • None.

Market Context

On Aug 27, a PRP preclinical-data announcement was followed by a 109.35% 24-hour move; the current P...
Analysis

On Aug 27, a PRP preclinical-data announcement was followed by a 109.35% 24-hour move; the current Phase 1b plan represented a subsequent clinical-development step for the same candidate.

Key Figures

Planned enrollment: Up to 50 patients Planned study start: February 2027 HREC submission: November 2026 +2 more
Planned enrollment
Up to 50 patients
Phase 1b first-in-human study of advanced solid tumors
Planned study start
February 2027
Phase 1b first-in-human study
HREC submission
November 2026
Planned Australian ethics submission
Dosing cycle
28-day cycle
Weekly intravenous infusion on Days 1, 8, 15, and 22
Planned dose levels
Up to five dose levels
Part A dose-escalation design

Historical Context

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

    Preclinical data

    24h Move
    +109.3%

    Reported >90% tumor inhibition and >2.5-fold survival benefit in PRP models

  2. Aug 18

    Trial preparation

    24h Move
    -1.7%

    Advanced protocol and feasibility work for Phase 1b study in Australia

  3. Aug 12

    PRP development

    24h Move
    +3.4%

    Outlined PRP preclinical rationale and plans for Phase 1b study

  4. Aug 6

    Preclinical data

    24h Move
    +15.3%

    Reported >90% inhibition and survival benefit in advanced PDAC models

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

Key Terms

pharmacokinetics, pharmacodynamics, bayesian optimal interval, dose-limiting toxicity, +1 more
5 terms
pharmacokinetics medical
"evaluate the safety, tolerability, pharmacokinetics (PK), pharmacodynamics (PD)"
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.
pharmacodynamics medical
"pharmacokinetics (PK), pharmacodynamics (PD), and preliminary antitumor activity"
Pharmacodynamics is how a drug actually affects the body — the strength, type and duration of its effects and the relationship between dose and response. Think of it like how turning a thermostat changes room temperature: it shows what the drug does and how much is needed to get the desired effect. Investors care because these properties drive clinical success, dosing convenience, safety profile and competitive advantage, all of which influence commercial potential and regulatory approval.
bayesian optimal interval medical
"use a Bayesian Optimal Interval (BOIN) design with backfill"
A Bayesian optimal interval is a statistical method used in early-stage clinical trials to decide whether a tested drug dose is too toxic, too weak, or acceptable by comparing observed patient outcomes to pre-set probability ranges. It uses Bayesian probability to update beliefs as data arrive and sets simple decision rules for dose escalation or de-escalation. Investors care because these rules affect how quickly and reliably a development program finds a safe, effective dose, which influences trial timelines, costs, and the chance a drug advances—think of it as a recipe that adjusts ingredients as you taste, to reach the right balance faster.
dose-limiting toxicity medical
"predefined target dose-limiting toxicity (DLT) probability"
Dose-limiting toxicity is a serious, treatment-related side effect observed in clinical trials that prevents researchers from safely increasing a drug’s dose. It matters to investors because these toxic effects set the maximum tolerated dose, influence whether a drug can reach levels that are effective, and therefore affect development timelines, costs, and the chance of regulatory approval — like a safety speed limit on how far a drug program can go.
maximum tolerated dose medical
"identify the maximum tolerated dose (MTD), if reached"
Maximum tolerated dose is the highest amount of a substance, such as a medication or chemical, that can be used without causing unacceptable side effects or harm. It’s like finding the maximum speed you can drive without risking a ticket or accident. For investors, understanding this concept helps gauge how much risk or exposure is safe or sustainable in a given situation.

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Open-label, two-part dose-escalation and dose-expansion study planned in up to 50 patients with advanced solid tumors across Australia

MELBOURNE, Australia, Sept. 09, 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 announced plans to commence a world-first Phase 1b first-in-human (FIH) study of PRP in February 2027.

The multicenter, open-label study will enroll up to 50 patients with advanced solid tumors, including pancreatic, ovarian, and refractory prostate cancers, at trial centers across Australia. The two-part design, dose escalation (Part A) followed by dose expansion (Part B), is intended to evaluate the safety, tolerability, pharmacokinetics (PK), pharmacodynamics (PD), and preliminary antitumor activity of PRP.

Several workstreams are advancing in parallel to support study start:

  • Manufacturing: GMP manufacture of finished drug product is underway. A small-scale technology transfer run has been completed. Two scale-up runs are scheduled this month, with an engineering run planned for late October. Raw drug substance supply for the PRP formulation is secured after recent audit and vendor qualification processes were successfully completed.
  • Bio-analytics: PK method validation has commenced. Development of an anti-drug antibody assay is underway, and in-use stability testing of the finished PRP formulation is scheduled.
  • Regulatory and ethics: Supporting documentation for Human Research Ethics Committee (HREC) submission is in preparation, including the Investigator’s Brochure (IB), a briefing document drawn from the IB, and the clinical trial protocol. Documents will be provided to investigators at Australian trial sites for feasibility assessment ahead of the planned HREC submission in November 2026.

PRP will be administered as a weekly intravenous infusion on Days 1, 8, 15, and 22 of each 28-day cycle. Treatment may continue until a withdrawal criterion is met.

Part A will use a Bayesian Optimal Interval (BOIN) design with backfill (BF-BOIN) and a predefined target dose-limiting toxicity (DLT) probability to identify the maximum tolerated dose (MTD), if reached, and/or up to two recommended doses for optimization and expansion (RDO). Up to five dose levels are planned. Following selection of the RDO(s) in Part A, Part B will further evaluate safety, tolerability, and preliminary antitumor activity in one or more tumor-specific expansion cohorts.

“We are making meaningful progress toward a pivotal milestone for Propanc as we prepare to advance PRP into the clinic,” said James Nathanielsz, Chief Executive Officer of Propanc. “Our team is diligently executing planned manufacturing, analytical, and regulatory work required to initiate a world-first Phase 1b first-in-human study of PRP. Our objective is a therapy that can extend survival and improve quality of life for patients with limited remaining options — without the severe toxicities often associated with standard regimens. After years of research, that clinical milestone is now coming into view.”

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

Which cancer types will be included in the planned Phase 1b PRP study?

The trial will enroll patients with advanced solid tumors, including pancreatic, ovarian, and refractory prostate cancers, at centers across Australia.

How will PRP be administered in the Phase 1b trial and how often will patients receive treatment?

PRP will be given as a weekly intravenous infusion on Days 1, 8, 15, and 22 of each 28-day cycle. Treatment may continue until a defined withdrawal criterion is met.

How is Part A of the PRP study designed to determine the dose for further testing?

Part A will use a Bayesian Optimal Interval (BOIN) design with backfill (BF-BOIN) and a predefined target dose-limiting toxicity probability to identify the maximum tolerated dose, if reached, and/or up to two recommended doses for optimization and expansion. Up to five dose levels are planned.

What preparatory work is being done to support the start of the PRP Phase 1b study?

Several workstreams are advancing in parallel: GMP manufacture of finished PRP is underway, including a completed small-scale technology transfer run and planned scale-up and engineering runs; raw drug substance supply is secured following audit and vendor qualification; PK method validation, anti-drug antibody assay development, and in-use stability testing are in progress; and regulatory and ethics documents, including the Investigator’s Brochure, briefing document, and clinical trial protocol, are being prepared for feasibility assessment and a planned Human Research Ethics Committee submission in November 2026.

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