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Portage Biotech Resumes Enrollment in Final Cohort of Dose Escalation for Port-6 in ADPORT-601 Trial

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Portage Biotech (NASDAQ: PRTG) has resumed enrollment in the fourth and final cohort of dose escalation for PORT-6, its selective A2A antagonist, in the ADPORT-601 Phase 1b clinical trial. The trial, previously paused due to funding concerns, was restarted following encouraging findings in earlier cohorts.

After completing the PORT-6 arm, the company will evaluate continuing the study with PORT-7 (A2B antagonist) and combination arms on a segment-by-segment basis. The planned co-administration of PORT-6 and PORT-7 in ADPORT-601 will be the first instance of combining two highly selective A2A and A2B antagonists in patients, aiming to achieve complete blockade of adenosine-induced immunosuppression in the tumor microenvironment.

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Positive

  • Trial resumption indicates positive safety profile from earlier cohorts
  • Final stage of dose escalation reached for PORT-6
  • Innovative first-in-class combination therapy approach

Negative

  • Previous trial pause due to funding concerns
  • Continuation of PORT-7 and combination arms subject to further evaluation
  • Segment-by-segment approach suggests cautious advancement due to resource constraints

News Market Reaction 1 Alert

-2.88% News Effect

On the day this news was published, PRTG declined 2.88%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Encouraging Safety Profile Supports Progression Toward First Dual-Administration of Selective A2A and A2B Antagonists in Patients

DOVER, Del., March 12, 2025 (GLOBE NEWSWIRE) -- Portage Biotech Inc. (“Portage” or the “Company”) (NASDAQ: PRTG), a clinical-stage immuno-oncology company with a portfolio of innovative therapeutics, today announced the resumption of patient enrollment in the fourth and final cohort of the dose escalation stage for PORT-6, a highly selective A2A antagonist, within its ADPORT-601 Phase 1b clinical trial. Portage had previously paused this trial due to funding concerns; this resumption of the trial underscores the encouraging findings observed in earlier cohorts. After the completion of the PORT-6 arm of the ADPORT-601 study, Portage will evaluate the continuation of the study into its PORT-7 (potent and selective A2B antagonist) and combination arms, on a segment-by-segment basis.

Advancing to this final dose escalation reaffirms Portage’s confidence in the safety and therapeutic potential of PORT-6, bringing the Company closer to identifying an optimal dose range for further clinical development.

“Our review of the preliminary data reinforces our confidence in PORT-6 and supports the decision to complete dose escalation,” said Alexander Pickett, Chief Executive Officer of Portage Biotech. “We remain encouraged by the trial’s progress and potential and look forward to sharing further clinical updates later this year.”

Combining PORT-6 and PORT-7 for a More Comprehensive Immunotherapy Approach

In parallel, Portage is making final preparations for PORT-7, a potent and selective A2B antagonist, before dose escalation can commence in the same trial. The planned co-administration of PORT-6 and PORT-7 in ADPORT-601 will mark the first time two highly selective A2A and A2B antagonists are combined in patients, aiming to achieve a complete blockade of adenosine-induced immunosuppression in the tumor microenvironment. This innovative approach is designed to fully neutralize adenosine-mediated immune suppression, enhance anti-tumor responses, and broaden the impact of immunotherapy in solid tumors.

About Portage Biotech

Portage Biotech is a clinical-stage immuno-oncology company advancing a pipeline of novel biologics to transform the immune system’s ability to fight cancer. For more information, visit www.portagebiotech.com.

Forward-Looking Statements

All statements in this news release, other than statements of historical facts, including without limitation, statements regarding the Company’s business strategy, plans and objectives of management for future operations and those statements preceded by, followed by or that otherwise include the words “believe,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “plans,” “potential,” “continues,” or similar expressions or variations on such expressions are forward-looking statements. As a result, forward-looking statements are subject to certain risks and uncertainties, including, but not limited to: the risk that the Company may not secure financing, the uncertainty of the Company’s ability to continue as a going concern, and other factors set forth in “Item 3 - Key Information-Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended March 31, 2024 and “Business Environment – Risk Factors” in the Company’s Management’s Discussion and Analysis for the Three and Six Months ended September 30, 2024 filed as Exhibit 99.2 to the Company’s Form 6-K. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from these forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

For More Information:
Portage Biotech
Alexander Pickett, Chief Executive Officer
ir@portagebiotech.com


FAQ

What is the current status of Portage Biotech's ADPORT-601 trial for PORT-6 (PRTG)?

The trial has resumed enrollment in its fourth and final cohort of dose escalation for PORT-6, after a previous pause due to funding concerns.

What makes the PORT-6 and PORT-7 combination therapy unique for PRTG?

It will be the first-ever combination of highly selective A2A and A2B antagonists in patients, targeting complete blockade of adenosine-induced immunosuppression.

What are the next steps for Portage Biotech's ADPORT-601 trial (PRTG)?

After completing PORT-6 dose escalation, the company will evaluate continuing with PORT-7 and combination arms on a segment-by-segment basis.

When will Portage Biotech (PRTG) share the next clinical updates for ADPORT-601?

The company plans to share further clinical updates later in 2025.
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