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Adlai Nortye (NASDAQ: ANL) secures ethics nod for AN4035 Phase I cancer trial

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Adlai Nortye Ltd. announced submission of a Clinical Trial Notification to Australia’s Therapeutic Goods Administration and receipt of Human Research Ethics Committee approval to commence a Phase I clinical trial of AN4035, a CEACAM5-targeting, pan-RAS(ON) inhibitor-based antibody drug conjugate for CEACAM5-enriched, RAS-addicted solid tumors.

The global Phase I study will assess safety, tolerability, pharmacokinetics, pharmacodynamics and preliminary efficacy of AN4035 as monotherapy and combined with cetuximab. The company describes AN4035 as its first RASiCA™ platform drug and a first-in-class pan-RAS(ON) ADC, supported by preclinical data showing nanomolar to picomolar cytotoxicity, deep tumor regression and a favorable therapeutic index. Adlai Nortye is also preparing IND filings with the U.S. FDA and China NMPA, with patient dosing expected to begin in the second half of 2026.

Positive

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Negative

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Clinical trial phase Phase I Phase of the global clinical trial evaluating AN4035
Expected start of patient dosing second half of 2026 Planned timing for first patient dosing with AN4035
Clinical Trial Notification (CTN) regulatory
"submitted a Clinical Trial Notification (CTN) to Australia’s Therapeutic Goods Administration"
A clinical trial notification (CTN) is a formal notice filed with regulators or ethics bodies before enrolling people in a human drug or device study; it summarizes the study plan, safety measures, informed consent process and who is legally responsible for the trial. For investors, a CTN is a key regulatory milestone that affects whether a trial can start, how quickly a product can move toward approval, and the project’s risk and timeline — like securing a permit before construction.
Human Research Ethics Committee (HREC) regulatory
"received approval from the Human Research Ethics Committee (HREC) to commence its phase I"
A human research ethics committee (HREC) is an independent panel that reviews and approves studies involving people to make sure risks are minimized, consent is informed, and welfare is protected—like a safety inspector for medical research. For investors, HREC approval matters because it is often required before clinical work can start or continue; it affects development timelines, regulatory acceptance, and the credibility and legal risk of a company’s human-subject research.
antibody drug conjugate (ADC) medical
"pan-RAS(ON) inhibitor-based antibody drug conjugate (ADC) for the treatment"
A antibody drug conjugate (ADC) is a targeted medicine that combines an antibody, which seeks out specific cells, with a potent drug payload so the treatment delivers its toxic effect directly to diseased cells while sparing most healthy tissue—think of a guided missile carrying a small explosive. Investors care because ADCs can offer breakthrough therapies with high market value, but their worth depends heavily on clinical trial results, manufacturing complexity and regulatory approval, which create both upside and risk.
RAS-addicted solid tumors medical
"for the treatment of CEACAM5-enriched RAS-addicted solid tumors"
investigational new drug (IND) regulatory
"filing investigational new drug (IND) applications for AN4035 with the U.S. Food"
An investigational new drug (IND) is a drug or biologic that is being tested but has not yet been approved for general use; it is the application and formal status that allows a company to begin human clinical trials under regulator oversight. Investors care because an IND marks the transition from lab work to human testing — like getting a permit to run real-world experiments — which creates important milestones, costs, timelines and regulatory risk that drive a development-stage company's value.
therapeutic index medical
"improved tumor selectivity over normal tissue -- resulting in an overall favorable therapeutic index"
The therapeutic index is a measure of a drug’s safety margin—the gap between the dose that produces a desired effect and the dose that causes harmful effects. For investors, a larger therapeutic index means a wider safety cushion, lower risk of dangerous side effects, smoother regulatory review and broader market acceptance, all of which can reduce clinical and commercial risk and affect a drug developer’s valuation.

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

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FAQ

What did Adlai Nortye (ANL) announce about its AN4035 program in Australia?

Adlai Nortye (ANL) submitted a Clinical Trial Notification to Australia’s TGA and received HREC approval to start a global Phase I trial of AN4035 in CEACAM5-enriched, RAS-addicted solid tumors, enabling first-in-human clinical development in that country.

What is AN4035 in Adlai Nortye (ANL)’s pipeline and how is it described?

AN4035 is a first-in-class CEACAM5-targeting ADC carrying a pan-RAS(ON) inhibitor payload and is the first drug candidate from Adlai Nortye (ANL)’s RASiCA™ platform. It is designed to localize RAS pathway inhibition to tumors while limiting systemic exposure.

What will the Phase I trial of AN4035 from Adlai Nortye (ANL) evaluate?

The global Phase I trial will assess safety, tolerability, pharmacokinetics, pharmacodynamics and preliminary efficacy of AN4035, both as monotherapy and in combination with cetuximab, in patients with CEACAM5-enriched, RAS-addicted solid tumors, including cancers where CEACAM5 is overexpressed.

When is patient dosing with AN4035 from Adlai Nortye (ANL) expected to begin?

Patient dosing with AN4035 is expected to start in the second half of 2026. This timing follows the Australian HREC approval, CTN submission, and planned investigational new drug applications to regulators in the United States and China.

Is Adlai Nortye (ANL) planning to develop AN4035 outside Australia?

Yes. Adlai Nortye (ANL) is preparing IND applications for AN4035 with the U.S. Food and Drug Administration and China’s National Medical Products Administration, supporting a global Phase I development strategy for CEACAM5-enriched, RAS-addicted solid tumors.

What preclinical results has Adlai Nortye (ANL) reported for AN4035?

Preclinical studies showed AN4035 had nanomolar to picomolar cytotoxicity in CEACAM5-positive, RAS-addicted cell lines, robust bystander killing, deep tumor regression in CDX/PDX models, favorable pharmacokinetics and enhanced tumor selectivity over normal tissue, contributing to a favorable therapeutic index.

 

 

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 August 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 August 3, 2026, Adlai Nortye Ltd. issued a press release entitled “Adlai Nortye Announces Clinical Trial Notification Submission and HREC Approval for the Phase I Clinical Trial of Pan-RAS(ON) Inhibitor ADC AN4035 in Australia”, 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: Adlai Nortye Announces Clinical Trial Notification Submission and HREC Approval for the Phase I Clinical Trial of Pan-RAS(ON) Inhibitor ADC AN4035 in Australia

 

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: August 3, 2026

 

2

 

Exhibit 99.1

 

Adlai Nortye Announces Clinical Trial Notification Submission and HREC Approval for the Phase I Clinical Trial of Pan-RAS(ON) Inhibitor ADC AN4035 in Australia

 

First-in-class pan-RAS(ON) ADC is cleared for clinical development

 

Designed to selectively deliver pan-RAS(ON) inhibition to tumors while minimizing systemic toxicity.

 

IND submissions to U.S. FDA and China NMPA are in process

 

SINGAPORE and NORTH BRUNSWICK, N.J., August 3, 2026 (GLOBE NEWSWIRE) -- Adlai Nortye Ltd. (NASDAQ: ANL) (“Adlai Nortye” or the “Company”), a clinical-stage biotechnology company focused on the development of innovative cancer therapies, today announced that it has submitted a Clinical Trial Notification (CTN) to Australia’s Therapeutic Goods Administration (TGA) and received approval from the Human Research Ethics Committee (HREC) to commence its phase I clinical trial evaluating AN4035, a CEACAM5-targeting, pan-RAS(ON) inhibitor-based antibody drug conjugate (ADC) for the treatment of CEACAM5-enriched RAS-addicted solid tumors.

 

“AN4035 is a first-in-class CEACAM5-targeting ADC armed with a pan-RAS(ON) inhibitor payload, and is our first drug candidate to demonstrate proof-of-concept of our RASiCA™ (RAS Inhibitor Conjugated Antibody) platform.” said Dr. Archie Tse, President, Head of Research & Development. “To our knowledge, AN4035 is the first pan-RAS(ON) ADC to enter the clinic globally. We believe that utilizing targeted delivery via an ADC could localize pan-RAS(ON) inhibitor activity to the tumor while minimizing systemic RAS pathway inhibition, which could potentially both widen the therapeutic window and enable rational combinations. We are excited to see this asset advance into clinical development and the potential benefit it may bring to our patients globally.”

 

This global phase I trial will evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary efficacy of AN4035 as monotherapy and in combination with cetuximab in patients with CEACAM5-enriched, RAS-addicted solid tumors. CEACAM5 is an antigen that is overexpressed in colorectal, pancreatic, and lung cancers, which frequently harbor RAS mutations. Adlai Nortye is also filing investigational new drug (IND) applications for AN4035 with the U.S. Food and Drug Administration (FDA) and China National Medical Products Administration (NMPA). Patient dosing with AN4035 is expected to begin in the second half of 2026.

 

About AN4035

 

AN4035 is a first-in-class ADC targeting CEACAM5 and armed with a highly potent pan-RAS(ON) inhibitor payload. In preclinical studies, AN4035 demonstrated nanomolar to picomolar cytotoxicity in CEACAM5-positive / RAS-addicted cancer cell lines, along with a robust bystander killing effect. It also exhibited potent anti-tumor activity with deep regression in CDX/PDX models, favorable developability with desirable pharmacokinetic properties, and enhanced target-mediated tumor retention with improved tumor selectivity over normal tissue -- resulting in an overall favorable therapeutic index. Adlai Nortye is evaluating AN4035 in a global phase I trial in patients with CEACAM5-enriched RAS-addicted solid tumors.

 

 

 

 

About Adlai Nortye

 

Adlai Nortye (NASDAQ: ANL) is a global clinical-stage biopharmaceutical company dedicated to developing innovative cancer therapies. The company is building a rich and robust pipeline of drug candidates covering two key therapeutic areas:

 

1)Precision RAS pathway targeted therapies: including the oral pan-RAS(ON) inhibitor AN9025, and the CEACAM5-targeting ADC AN4035 engineered from the Company’s proprietary RASiCA™ (RAS Inhibitor Conjugated Antibody) platform, which efficiently delivers a potent pan-RAS(ON) inhibitor to the tumor site.

 

2)Next-generation PD-1/L1 pathway modulating immunotherapies: including AN8025, a multi-functional fusion protein that simultaneously modulates T cells and antigen-presenting cells, and AN4005, a first-in-class oral PD-L1 inhibitor.

 

Forward-Looking and Cautionary Statements

 

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 press release and in the attachments is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

Contacts:
Investor Relations:
ir@adlainortye.com

 

 

 

Filing Exhibits & Attachments

1 document