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Adlai Nortye (NASDAQ: ANL) doses first patient in global AN9025 Phase 1 trial

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Rhea-AI Filing Summary

Adlai Nortye Ltd. reported that the first patient has been dosed in a global Phase 1 clinical trial of AN9025, its oral pan-RAS(ON) inhibitor for advanced or metastatic solid tumors with RAS mutations. This first-in-human, multicenter, open-label study will assess safety, tolerability, pharmacokinetics and early anti-tumor activity.

The trial is being run as a multi-regional clinical trial in collaboration with ASK Pharm, with Adlai Nortye holding rights to AN9025 outside mainland China, Hong Kong and Macao. AN9025 is part of the company’s broader oncology pipeline, which also includes next-generation cancer immunotherapies and additional RAS-targeting candidates.

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Insights

First patient dosing marks early but important progress for AN9025.

Adlai Nortye has dosed the first patient in a Phase 1 trial of AN9025, an oral pan-RAS(ON) inhibitor targeting RAS-mutant solid tumors. Phase 1 focuses on safety, tolerability and pharmacokinetics, with exploratory anti-tumor activity signals.

The study is a multi-regional collaboration with ASK Pharm, with Adlai Nortye retaining ex-China rights and ASK Pharm holding rights in mainland China, Hong Kong and Macao. This structure splits geographic risk and potential future commercialization responsibilities.

As an early-stage, first-in-human study, outcomes remain uncertain and there are no efficacy data yet. Subsequent updates from this trial, including safety profile and any observed tumor responses, will be key to understanding AN9025’s future role within the company’s RAS-targeted pipeline.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of February 2026

 

Commission File Number: 001-41773

 

Adlai Nortye Ltd.

 

c/o PO Box 309, Ugland House

Grand Cayman, KY1-1104

Cayman Islands

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

☒ Form 20-F         ☐ Form 40-F

 

 

 

 

 

 

Press Release

 

On February 12, 2026, Adlai Nortye Ltd. issued a press release entitled “Adlai Nortye Announces First Patient Enrolled in Global Phase 1 Trial of Pan-RAS (ON) Inhibitor AN9025 for Solid Tumors Harboring RAS Mutations”, a copy of the press release is attached to this Form 6-K as Exhibit 99.1.

 

Exhibits 

 

Exhibit No.   Description
99.1   Press Release, dated February 12, 2026

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Adlai Nortye Ltd.
   
  By: /s/ Yang Lu
  Name:  Yang Lu
  Title: Chief Executive Officer and Chairman of Board of Directors

 

Date: February 12, 2026

 

2

Exhibit 99.1

 

Adlai Nortye Announces First Patient Enrolled in Global Phase 1 Trial of Pan-RAS (ON) Inhibitor AN9025 for Solid Tumors Harboring RAS Mutations

 

SINGAPORE and NORTH BRUNSWICK, N.J. and HANGZHOU, China, February 12, 2026 – Adlai Nortye Ltd. (NASDAQ: ANL) (the “Company” or “Adlai Nortye”), a clinical-stage biotechnology company focused on the development of innovative cancer therapies, today announced that the first patient has been dosed in the United States in early February in its ongoing Phase 1 clinical trial of AN9025, a pan-RAS (ON) inhibitor.

 

The Phase 1 study is a first-in-human, multicenter, open-label trial designed to evaluate the safety, tolerability, pharmacokinetics and anti-tumor activity of AN9025 in patients with advanced or metastatic solid tumors harboring RAS mutations. This trial is being conducted by Adlai Nortye in collaboration with Jiangsu Aosaikang Pharmaceutical Co. Ltd. (“ASK Pharm”) as a multi-regional clinical trial (“MRCT”) pursuant to a license agreement , under which Adlai Nortye retains ex-China rights to AN9025, while ASK Pharm holds rights in mainland China, Hong Kong and Macao.

 

“Dosing the first U.S. patient with AN9025, our wholly in-house discovered, oral pan-RAS(ON) inhibitor with best-in-class potential, is a significant milestone,” said Dr. Archie Tse, Head of Research and Development at Adlai Nortye. “This achievement advances our clinical strategy to evaluate AN9025 across multiple RAS-mutant solid tumors. We look forward to efficiently progressing its global clinical development and generating meaningful data to support its future advancement.”

 

About AN9025

 

AN9025 is an oral small molecule pan-RAS(ON) inhibitor with best-in-class potential, designed to target a broad spectrum of RAS mutations across various tumor types. Preclinical studies have demonstrated that AN9025 effectively inhibits RAS-mutant cancers with potent and durable efficacy, including pancreatic, lung, and colorectal adenocarcinomas, and shows comparable or superior results relative to a benchmark agent of the same class.

 

About Adlai Nortye

 

Adlai Nortye (NASDAQ: ANL) is a global clinical-stage company at the forefront of discovering and developing innovative cancer therapies. Leveraging our dual R&D presence in the U.S. and China, we are building a robust pipeline of drug candidates focused on two key areas where we believe we can make a significant difference. (1) Next-generation cancer immunotherapies: our candidates, AN8025 (a tri-functional fusion protein of αPD-L1 x CD86 variant x LAG3 variant), a T-cell and antigen-presenting cell modulator, and AN4005 (a first-in-class oral small-molecule PD-L1 inhibitor), are designed to activate cancer immunity in novel ways. (2) RAS-targeting therapies: we are tackling RAS-driven cancers with AN9025, an oral pan-RAS(ON) inhibitor, and AN4035, a CEACAM5-targeting ADC delivering a potent pan-RAS(ON) inhibitor directly to tumors.

 

 

 

Forward-Looking Statement

 

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,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets” and similar statements. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, are or contain forward-looking statements.

 

The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Factors that could cause the Company’s actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the initiation, timing, progress and results of the Company’s preclinical studies, clinical trials and other therapeutic candidate development efforts; the Company’s ability to advance its therapeutic candidates into clinical trials or to successfully complete its preclinical studies or clinical trials; whether the clinical trial results will be predictive of real-world results; the Company’s receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings and approvals; the clinical development, commercialization and market acceptance of the Company’s therapeutic candidates; the Company’s ability to establish, manage, and maintain corporate collaborations, as well as the ability of its collaborators to execute on their development and commercialization plans; the implementation of the Company’s business model and strategic plans for its business and therapeutic candidates; the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; estimates of the Company’s expenses, future revenues, capital requirements and its needs for and ability to access sufficient additional financing; risks related to changes in healthcare laws, rules and regulations in the PRC and United States or elsewhere. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement and in the attachments is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

Company contact:
Investor Relations
Email: ir@adlainortye.com

 

 

 

FAQ

What did Adlai Nortye (ANL) announce about its AN9025 clinical trial?

Adlai Nortye announced that the first patient has been dosed in its global Phase 1 trial of AN9025, an oral pan-RAS(ON) inhibitor for RAS-mutant solid tumors. The study evaluates safety, tolerability, pharmacokinetics and initial anti-tumor activity in advanced or metastatic cancer patients.

What is AN9025 in Adlai Nortye’s (ANL) oncology pipeline?

AN9025 is an oral small-molecule pan-RAS(ON) inhibitor designed to target a broad range of RAS mutations across multiple tumor types. Preclinical studies showed potent and durable efficacy in RAS-mutant cancers, including pancreatic, lung and colorectal adenocarcinomas, with comparable or superior activity to a benchmark agent.

How is Adlai Nortye (ANL) collaborating with ASK Pharm on AN9025?

The AN9025 trial is conducted as a multi-regional clinical trial under a license agreement with ASK Pharm. Adlai Nortye retains rights to AN9025 outside mainland China, Hong Kong and Macao, while ASK Pharm holds rights in those territories, aligning development with regional commercialization responsibilities.

What is the design of Adlai Nortye’s Phase 1 trial for AN9025?

The AN9025 Phase 1 study is a first-in-human, multicenter, open-label clinical trial. It enrolls patients with advanced or metastatic solid tumors harboring RAS mutations and is designed to assess safety, tolerability, pharmacokinetics and preliminary anti-tumor activity of the investigational pan-RAS(ON) inhibitor.

What other drug candidates are in Adlai Nortye’s (ANL) pipeline?

Adlai Nortye’s pipeline includes next-generation cancer immunotherapies AN8025 and AN4005, and RAS-targeting therapies AN9025 and AN4035. AN8025 is a tri-functional fusion protein, AN4005 is an oral PD-L1 inhibitor, and AN4035 is a CEACAM5-targeting ADC delivering a potent pan-RAS(ON) inhibitor to tumors.

What risks does Adlai Nortye highlight regarding its future performance?

Adlai Nortye cites risks typical for clinical-stage biotech companies, including timing and results of preclinical and clinical studies, regulatory approvals, commercialization and market acceptance of candidates, reliance on collaborations, intellectual property protection, financing needs, and potential impacts from healthcare law changes in key jurisdictions.

Filing Exhibits & Attachments

1 document
Adlai Nortye Ltd.

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