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PURPLE BIOTECH LTD. reported a $26.5M net loss for fiscal 2025. See the full PPBT financial statements: income statement, balance sheet, cash flow and ratios, each column linked to its SEC filing.

Purple Biotech gains U.S. patent for CAPTN-3

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

PURPLE BIOTECH LTD. (PPBT) reports that the U.S. Patent and Trademark Office has issued a Notice of Allowance for a patent application covering tri-specific antibody constructs and methods of use that support its proprietary CAPTN-3 platform for conditionally activated multispecific antibodies. This allowance strengthens protection for the modular architecture of CAPTN-3, which is designed to enable efficient generation of tri-specific antibodies by exchanging tumor-associated antigen binding domains and functional arms on a common backbone, potentially accelerating development of new oncology candidates. The platform’s lead candidate, IM1240, is advancing toward the clinic, while IM1305 is in preclinical development. The pipeline also includes additional clinical-stage assets CM24 and NT219, both of which have completed Phase 2 studies in difficult-to-treat cancers.

Positive

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Filing Explained

The filing reports a Notice of Allowance for CAPTN-3 patent claims, meaning the USPTO found the allowed claims patentable but the patent is not yet issued: required issue fees still must be paid, so the added protection remains at the allowance stage.

Platform specificity Tri-specific antibodies (3 binding specificities) CAPTN-3 platform designed to generate tri-specific antibody constructs
TAA binders per construct 2 tumor-associated antigen binders Allowed claims cover tri-specific constructs comprising dual TAA binders
CM24 development stage Phase 2 completed CM24 demonstrated improved outcomes across all efficacy endpoints in a Phase 2 pancreatic cancer study
NT219 development stage Phase 2 completed NT219 completed a Phase 2 study in recurrent and/or metastatic squamous cell carcinoma of the head and neck
Notice of Allowance regulatory
"the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance"
A notice of allowance is an official confirmation from a patent office that a patent application has met all necessary requirements and is approved for granting. It signals that the invention is likely to receive legal protection soon, which can be important for investors considering the value and exclusivity of a new product or technology. Think of it as a green light indicating that the invention is on track to become legally protected.
tri-specific antibody constructs medical
"a patent application covering tri-specific antibody constructs and methods of use"
Engineered antibody molecules designed to bind three different targets or three distinct sites on cells or proteins, combining functions of multiple antibodies into a single therapeutic agent. Like a three-pronged tool that can grab or block multiple things at once, these constructs matter to investors because they represent a complex, higher-potential drug modality whose development, manufacturing and clinical testing profiles influence company pipelines, timelines, and regulatory risks.
tumor-associated antigen (TAA) medical
"exchanging tumor-associated antigen (TAA) binding domains and other functional arms"
tumor microenvironment medical
"Capping technology confines immune activation to the tumor microenvironment"
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.
therapeutic window medical
"significantly expanding the therapeutic window compared to conventional T-cell engagers"
The "therapeutic window" is the optimal range of a medication's dosage where it effectively treats a condition without causing harmful side effects. For investors, understanding this concept highlights the importance of balance—just as too little medication may be ineffective and too much can be dangerous, financial strategies or investments need to be carefully managed within safe limits to achieve desired results without undue risk.
Phase 2 study medical
"demonstrated improved outcomes across all efficacy endpoints in a Phase 2 study"
A phase 2 study is a mid-stage clinical trial that tests whether an experimental drug or treatment actually works for the intended condition and continues to check safety in a larger group of patients than early trials. Think of it as a focused pilot test before a full market launch; positive or negative results strongly affect a drug’s chances of approval, the remaining development time and costs, and therefore an investment’s risk and potential value.

FAQ

What did PPBT announce in this Form 6-K?

Purple Biotech announced that the U.S. Patent and Trademark Office issued a Notice of Allowance for a patent application covering tri-specific antibody constructs and methods of use that support its CAPTN-3 platform for conditionally activated multispecific antibodies.

How does the new U.S. patent allowance affect PPBT’s CAPTN-3 platform?

The allowance strengthens protection for the modular architecture underlying CAPTN-3, a platform designed to generate tri-specific antibodies by swapping tumor-associated antigen binding domains and functional components, supporting future development and partnering potential for multiple oncology candidates.

What stage are Purple Biotech’s lead CAPTN-3 candidates IM1240 and IM1305?

The CAPTN-3 platform’s lead candidate IM1240 is described as advancing toward the clinic, and its second candidate IM1305 is in preclinical development, both built on the conditionally activated multispecific antibody platform.

Which additional clinical-stage assets are in Purple Biotech’s pipeline (PPBT)?

Purple Biotech’s pipeline includes CM24, a CEACAM1-blocking antibody that showed improved outcomes across all efficacy endpoints in a Phase 2 pancreatic ductal adenocarcinoma study, and NT219, a dual IRS1/2 and STAT3 inhibitor that completed a Phase 2 study in head and neck cancer.

What does a Notice of Allowance from the USPTO mean for PPBT?

A Notice of Allowance indicates the USPTO has determined the allowed claims meet patentability requirements, subject to payment of required issue fees, thereby further strengthening Purple Biotech’s intellectual property protection for its CAPTN-3 platform.

What is the focus of Purple Biotech’s CAPTN-3 platform?

CAPTN-3 is a platform of masked tri-specific antibodies that simultaneously target tumors and engage T cells and NK cells. Its capping technology confines immune activation to the tumor microenvironment, aiming to expand the therapeutic window versus conventional T-cell engagers.

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

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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

of the Securities Exchange Act of 1934

 

For the month of September 2026

 

Commission File Number: 001-37643

 

PURPLE BIOTECH LTD.

(Translation of registrant’s name into English)

 

4 Oppenheimer Street, Science Park, Rehovot 7670104, Israel

(Address of principal executive offices)

 

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

 

Form 20-F       Form 40-F

 

 

 

 

Purple Biotech

 

On September 2, 2026, Purple Biotech Ltd. (the “Registrant”) issued a press release “New U.S. Patent Allowance Strengthens Protection for CAPTN-3 Modular Platform for Next-Generation Multispecific Antibodies”, which is attached hereto as Exhibit 99.1.

 

Exhibit    
99.1   New U.S. Patent Allowance Strengthens Protection for CAPTN-3 Modular Platform for Next-Generation Multispecific Antibodies

 

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.

 

September 2, 2026 PURPLE BIOTECH LTD.
   
  By:  /s/ Gil Efron
    Gil Efron
    Chief Executive Officer

 

2

 

Exhibit 99.1

 

New U.S. Patent Allowance Strengthens Protection for CAPTN-3 Modular Platform for Next-Generation Multispecific Antibodies

 

REHOVOT, Israel, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. (“Purple Biotech” or the “Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing a next-generation immunotherapy platform designed to maximize anti-cancer activity while minimizing toxicity, today announced that the U.S. Patent and Trademark Office (USPTO) has issued a Notice of Allowance for a patent application covering tri-specific antibody constructs and methods of use. The patent allowance further expands the Company’s intellectual property portfolio supporting its proprietary CAPTN-3 platform for conditionally activated multispecific antibodies.

 

The newly allowed U.S. patent strengthens protection for the modular architecture underlying CAPTN-3, a platform designed to enable the efficient generation of tri-specific antibodies by exchanging tumor-associated antigen (TAA) binding domains and other functional arms while leveraging a common platform backbone. This flexibility is intended to accelerate the development of new therapeutic candidates across multiple cancer indications.

 

“This U.S. patent allowance is another important element in the evolution of the CAPTN-3 platform,” said Gil Efron, Purple Biotech CEO. “Beyond expanding our intellectual property portfolio, it reinforces protection for the modular design that allows us to rapidly develop new multispecific antibody candidates by incorporating different targeting domains and functional components. As we continue to enhance the platform, we expect to generate additional antibody programs that address a broad range of oncology targets.”

 

The U.S. patent allowance complements Purple Biotech’s growing patent estate and reflects the Company’s strategy of continuously expanding both the capabilities of, and the intellectual property supporting, its conditionally activated multispecific antibody technologies. As the technology evolves, the Company expects to introduce additional antibody candidates built on this adaptable platform.

 

About the Allowed Patent

 

The USPTO has issued a Notice of Allowance for U.S. patent application entitled “Precursor Tri-Specific Antibody Constructs and Methods of Use Thereof.” The allowed claims cover tri-specific antibody constructs comprising dual TAA binders alongside other features of the CAPTN-3 platform, further strengthening the intellectual property protecting the CAPTN-3 platform, expanding its versatility and its future development and partnering potential. A Notice of Allowance indicates that the USPTO has determined the allowed claims meet the requirements for patentability, subject to payment of the required issue fees.

 

About Purple Biotech

 

Purple Biotech Ltd. (NASDAQ/TASE: PPBT) is a clinical-stage company developing a next-generation immunotherapy platform designed to maximize anti-cancer potency while minimizing toxicity. The Company is focused on advancing its lead program, CAPTN-3 - a platform of masked tri-specific antibodies that simultaneously target tumors while engaging both T cells and NK cells. Capping technology confines immune activation to the tumor microenvironment, significantly expanding the therapeutic window compared to conventional T-cell engagers. The platform’s lead candidate, IM1240, is advancing toward the clinic, and its second candidate, IM1305, is in preclinical development. The Company’s pipeline also includes additional clinical-stage assets, for which further development is pending partnering or investment, including CM24, a CEACAM1-blocking antibody that demonstrated improved outcomes across all efficacy endpoints in a Phase 2 study for the treatment of pancreatic ductal adenocarcinoma, and NT219, a dual IRS1/2 and STAT3 inhibitor that completed a Phase 2 study for the treatment of recurrent and/or metastatic squamous cell carcinoma of the head and neck. The Company is headquartered in Rehovot, Israel. For additional information about the Company, please visit: https://purple-biotech.com.

 

 

 

 

Forward-Looking Statements and Safe Harbor Statement

 

Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements that are not statements of historical fact, and may be identified by words such as “believe”, “expect”, “intend”, “plan”, “may”, “should”, “could”, “might”, “seek”, “target”, “will”, “project”, “forecast”, “continue” or “anticipate” or their negatives or variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical matters. You should not place undue reliance on these forward-looking statements, which are not guarantees of future performance. Forward-looking statements reflect our current views, expectations, beliefs or intentions with respect to future events, and are subject to a number of assumptions, involve known and unknown risks, many of which are beyond our control, as well as uncertainties and other factors that may cause our actual results, performance or achievements to be significantly different from any future results, performance or achievements expressed or implied by the forward-looking statements. Important factors that could cause or contribute to such differences include, among others, risks relating to: the plans, strategies and objectives of management for future operations; product development for NT219, CM24 and CAPTN-3; the process by which such early stage therapeutic candidates could potentially lead to an approved drug product is long and subject to highly significant risks, particularly with respect to a joint development collaboration; the fact that drug development and commercialization involves a lengthy and expensive process with uncertain outcomes; our ability to successfully develop and commercialize our pharmaceutical products; the expense, length, progress and results of any clinical trials; the impact of any changes in regulation and legislation that could affect the pharmaceutical industry; the difficulty in receiving the regulatory approvals necessary in order to commercialize our products; the difficulty of predicting actions of the U.S. Food and Drug Administration or any other applicable regulator of pharmaceutical products; the regulatory environment and changes in the health policies and regimes in the countries in which we operate; the uncertainty surrounding the actual market reception to our pharmaceutical products once cleared for marketing in a particular market; the introduction of competing products; patents obtained by competitors; dependence on the effectiveness of our patents and other protections for innovative products; our ability to obtain, maintain and defend issued patents; the commencement of any patent interference or infringement action against our patents, and our ability to prevail, obtain a favorable decision or recover damages in any such action; and the exposure to litigation, including patent litigation, and/or regulatory actions, and other factors that are discussed in our Annual Report on Form 20-F for the year ended December 31, 2025 as such factors may be updated from time to time in our other filings with the U.S. Securities and Exchange Commission (“SEC”), including our cautionary discussion of risks and uncertainties under “Risk Factors” in our Registration Statements and Annual Reports. These are factors that we believe could cause our actual results to differ materially from expected results. Other factors besides those we have listed could also adversely affect us. Any forward-looking statement in this press release speaks only as of the date on which it is made. We disclaim any intention or obligation to publicly update or revise any forward-looking statement or other information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable law. You are advised, however, to consult any additional disclosures we make in our reports to the SEC, which are available on the SEC’s website, https://www.sec.gov.

 

CONTACTS:

 

Company Contact:
IR@purple-biotech.com

 

 

 

Filing Exhibits & Attachments

1 document