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Zenas BioPharma announces new obexelimab data

The announcement spans continued-treatment safety, steroid-associated toxicity, and vaccine immune-response assessments during a planned treatment-free window.

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Form Type
8-K

Rhea-AI Filing Summary

Zenas BioPharma, Inc. (ZBIO) announced a presentation of new obexelimab data in IgG4-related disease at the 6th International Symposium on IgG4-Related Disease. In the Phase 3 INDIGO open-label extension, participants who completed the 52-week randomized, controlled period could enter and receive 250 mg obexelimab subcutaneously once weekly. The extension evaluated longer-term flare protection and safety.

Other INDIGO analyses evaluated glucocorticoid-associated toxicity and vaccine immune responses during a planned treatment-free window, including preservation of pre-existing influenza and SARS-CoV-2 immunity after long-term obexelimab exposure. Zenas says obexelimab has been evaluated in nine clinical trials involving 667 subjects, including INDIGO.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Randomized, controlled period 52 weeks Phase 3 INDIGO study
Obexelimab dose 250 mg Once weekly by subcutaneous injection in the open-label extension
Clinical trials 9 trials Obexelimab, including INDIGO
Subjects 667 subjects Across obexelimab clinical trials, including INDIGO
Expected topline results 4Q 2026 Phase 2 SunStone trial in SLE
People diagnosed in the United States 25,000 people Estimated number diagnosed with IgG4-related disease
open-label extension medical
"Phase 3 INDIGO open-label extension data"
An open-label extension is a continuation of a clinical trial where all participants and researchers know which treatment is being given, often after an initial blinded phase. It allows further study of a drug's long-term safety and effectiveness. For investors, it can indicate ongoing interest and confidence in a product's potential, influencing perceptions of its future value.
Glucocorticoid Toxicity Index (GTI) medical
"using the Glucocorticoid Toxicity Index (GTI)"
A glucocorticoid toxicity index (GTI) is a standardized tool that measures and scores the harmful side effects a patient experiences from glucocorticoid (steroid) medications across multiple body systems. It works like a report card or odometer for steroid-related damage, allowing clinicians and researchers to track whether toxicity is getting better or worse over time. For investors, GTI results matter because they directly affect a drug’s safety profile, regulatory reviews, market acceptance and potential costs tied to managing side effects.
treatment-free window medical
"during a planned treatment-free window"
FcγRIIb medical
"bind both CD19 and FcγRIIb"
FcγRIIb is a protein on certain immune cells that binds the tail end of antibodies and delivers a braking signal that reduces immune activity. For investors, it matters because drugs that interact with or alter this receptor can change how well antibody therapies work and how safe they are, and tests for the receptor can help identify which patients are likely to benefit—think of it as a car’s brake that controls the strength and duration of an immune response.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What new obexelimab data did ZBIO announce?

The presentation covers Phase 3 INDIGO open-label extension data on longer-term flare protection and safety, a sub-analysis of glucocorticoid-associated toxicity, and initial vaccine sub-study analyses of immune responses during a planned treatment-free window.

When are ZBIO’s SunStone lupus trial topline results expected?

Zenas expects topline results from its Phase 2 SunStone trial in systemic lupus erythematosus (SLE) in 4Q 2026.

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

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false 0001953926 0001953926 2026-10-12 2026-10-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 12, 2026

 

 

ZENAS BIOPHARMA, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware   001-42270   93-2749244
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

 852 Winter Street, Suite 250
Waltham, MA
 02451
(Address of principal executive offices) (Zip Code)

 

(Registrant’s telephone number, including area code): (857) 271-2954

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading
Symbol(s)
  Name of each exchange
on which registered
Common Stock, par value $0.0001 per share   ZBIO   The Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

Item 7.01. Regulation FD Disclosure

 

On October 12, 2026, the Company issued a press release announcing new data from its Phase 3 trial of obexelimab in immunoglobulin G4-related disease, including, but not limited to, open label extension data.

 

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information contained in Item 7.01 of this Current Report on Form 8-K and the exhibit furnished under Item 7.01 of this Current Report on Form 8-K shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act, regardless of any general incorporation language in such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
No.
  Description
     
99.1   Press release issued by the Company on October 12, 2026
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

  

 

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 hereunto duly authorized.

 

  ZENAS BIOPHARMA, INC.
     
  By: /s/ Joseph Farmer
    Name: Joseph Farmer 
    Title: President and Chief Operating Officer

 

Date: October 13, 2026

 

 

 

Exhibit 99.1

 

 

 

Zenas BioPharma Announces the Presentation of New Obexelimab Data in IgG4-Related Disease at the 6th International Symposium on IgG4-Related Disease

 

| Source: Zenas BioPharma

 

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– Phase 3 INDIGO open-label extension findings demonstrated sustained clinical activity of obexelimab –

– Additional analyses of secondary endpoints showed that significantly fewer patients experienced clinically meaningful cumulative glucocorticoid toxicity at week 52 –

– Initial open-label extension sub-study findings demonstrated vaccine responses following a treatment-free window – 

– These new findings add to the clinical evidence supporting obexelimab’s investigational role as a reversible, steroid-sparing, B-cell inhibitor for the treatment of IgG4-RD –

WALTHAM, Mass., Oct. 12, 2026 (GLOBE NEWSWIRE) -- Zenas BioPharma, Inc. (“Zenas” or the “Company”) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company advancing therapies for patients living with autoimmune and inflammatory diseases,  today  announced  new  obexelimab  data  in  immunoglobulin  G4-related disease (IgG4-RD) presented at the 6th International Symposium on IgG4-Related Disease, held October 8-10, 2026, in Cambridge, Massachusetts. The presentations included longer-term flare protection and safety data from the Phase 3 INDIGO open- label extension, initial findings from an associated vaccine response sub-study, and an analysis of glucocorticoid-associated toxicity from the randomized, controlled period of INDIGO.

 

 

 

“IgG4-RD is a chronic disease that may require ongoing management, even after an acute flare is controlled,” said Lonnie Moulder, Founder and Chief Executive Officer of Zenas. “Together, these new findings reinforce the potential role of obexelimab in long-term disease management, including helping patients remain flare-free, reducing steroid exposure, and potentially supporting vaccine responses following a treatment-free window.”

 

Phase 3 INDIGO Open-Label Extension Data

 

Participants who completed the 52-week randomized, controlled period of the Phase 3 INDIGO study could enter the open-label extension and receive 250 mg obexelimab subcutaneously once weekly. The open-label extension evaluated longer-term flare protection and safety of continued obexelimab treatment in patients with IgG4-RD.

 

·The 12-month probability of remaining flare-free was 0.93 based upon investigator- and adjudication committee-confirmed flares requiring rescue therapy, and 0.87 based upon investigator-determined flares requiring rescue therapy, with five patients pending adjudication at the time of the data cutoff.

 

·The median and mean cumulative glucocorticoid rescue doses were 0 mg and 105 mg, respectively.

 

·Adverse event rates were comparable to or lower than those observed during the randomized, controlled period.

 

Glucocorticoid-Associated Toxicity Results

 

This Phase 3 INDIGO trial sub-analysis evaluated glucocorticoid-associated toxicity in patients with IgG4-RD using the Glucocorticoid Toxicity Index (GTI).

 

·Obexelimab significantly reduced cumulative glucocorticoid toxicity versus placebo at week 52 (GTI Cumulative Worsening Score difference: -11.4; p=0.021).

 

·Fewer patients receiving obexelimab reached clinical thresholds for cumulative glucocorticoid toxicity versus placebo.

 

Influenza and COVID-19 Vaccine Sub-Study Results

 

Initial analyses from the ongoing sub-study of the INDIGO open-label extension assessed immune responses to vaccination during a planned treatment-free window. In addition, the preservation of pre-existing influenza and SARS-COV-2 immunity following long-term obexelimab exposure was evaluated.

 

·Vaccination during the treatment-free window resulted in seroimmunity to influenza in 6 of 7 (86%) participants and seroimmunity to COVID-19 in 4 of 4 (100%) participants.

 

·No disease flares were observed during the treatment-free vaccination window, lasting an average of 34.6 days.

 

·Participants (n=7) maintained pre-existing markers of immunity following long-term obexelimab treatment (71% for influenza and 50% for COVID-19).

 

 

 

 

About Obexelimab

 

Obexelimab is a bifunctional monoclonal antibody designed to bind both CD19 and FcγRIIb, which are broadly present across B cell lineage, to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them. This unique inhibitory mechanism of action and self-administered, subcutaneous injection regimen may broadly and effectively modulate the pathogenic role of the B cell lineage in chronic autoimmune disease.

 

Obexelimab has been evaluated in nine clinical trials in a total of 667 subjects, including INDIGO. Obexelimab was well tolerated and demonstrated clinical activity across these clinical trials.

 

Phase 2 SunStone trial in Systemic Lupus Erythematosus (SLE) topline results expected in 4Q 2026.

 

About IgG4-RD

 

IgG4-related disease (IgG4-RD) is a rare, chronic immune-mediated disease characterized by inflammation and fibrosis that can affect multiple organs throughout the body. Patients experience periods of remission and unpredictable disease flares, with the potential for progressive and irreversible organ damage. Given its chronic and relapsing nature, IgG4-RD may require ongoing disease management. An estimated 25,000 people in the United States have been diagnosed with IgG4-RD.

 

About Zenas BioPharma

 

Zenas is a clinical-stage global biopharmaceutical company focused on the development and commercialization of therapies for autoimmune diseases and inflammatory conditions. Zenas combines our experienced leadership team with a disciplined global product candidate acquisition approach to identify, acquire and develop product candidates with the potential to deliver clinically meaningful benefits to patients. Zenas is advancing two late-stage, potential franchise molecules, obexelimab and orelabrutinib. Obexelimab, Zenas’ lead product candidate, is a bifunctional monoclonal antibody designed to bind CD19 and FcγRIIb to inhibit the activity of B cells implicated in many autoimmune diseases without depleting them. Zenas believes that the unique mechanism of action of obexelimab and its self-administered, subcutaneous injection regimen may enable sustained control across multiple chronic autoimmune diseases. Orelabrutinib is a potentially best-in-class, highly selective CNS-penetrant, oral, small molecule BTK inhibitor. Orelabrutinib’s mechanism of action targets pathogenic B cells not only in the periphery but also within the CNS. Additionally, it directly modulates macrophages and microglial cells in the CNS, with the potential to address compartmentalized inflammation and disease progression in MS. Zenas’ earlier stage programs include ZB021, a novel, potentially best-in-class, oral, IL-17AA/AF inhibitor, ZB022, a preclinical, potentially best-in-class, oral, brain-penetrant, TYK2 inhibitor, and ZB014, a preclinical, half-life extended anti-CD19 and FcγRIIb monoclonal antibody. For more information about Zenas BioPharma, please visit https://zenasbio.com/ and follow us on LinkedIn.

 

 

 

 

Forward-Looking Statements

 

This press release contains “forward-looking statements.” In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential” or “continue” or the negative of these terms or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on our current beliefs, expectations, and assumptions. All statements other than statements of historical facts contained in this press release are forward-looking statements. Forward looking statements include, but are not limited to, the anticipated timing or likelihood of regulatory submissions and approvals, and the outcome of interactions with regulatory authorities; the therapeutic potential of the Company’s product candidates, including, the potential for obexelimab to provide long term flare protection, the potential to pause obexelimab for vaccinations or management of illness, the potential for obexelimab to be a steroid-sparing therapy and the potential for sustained control across multiple chronic autoimmune diseases; the Company’s expectations regarding the potential commercialization, estimated market size and market opportunities of its product candidates; and the timing of reporting the topline results of obexelimab in SLE. The forward-looking statements in this press release speak only as of the date of this press release and are subject to a number of known and unknown risks, uncertainties and assumptions that could cause the Company’s actual results, performance or achievements to differ materially from those anticipated in the forward-looking statements. These risks and uncertainties include, but are not limited to: the Company’s limited operating history, incurrence of substantial losses since the Company’s inception and anticipation of incurring substantial and increasing losses for the foreseeable future; the Company’s need for substantial additional financing to achieve the Company’s goals; the uncertainty of clinical development; potential competition, including from large and specialty pharmaceutical and biotechnology companies; the Company’s ability to realize the benefits of the Company’s current or future collaborations or licensing arrangements; the Company’s ability to obtain regulatory approval to commercialize its product candidates; risks related to the manufacturing of the Company’s product candidates and the risk that the Company’s third-party manufacturers may encounter difficulties in production; the Company’s ability to obtain and maintain sufficient intellectual property protection for the Company’s product candidates; the Company’s reliance on third parties to conduct the Company’s preclinical studies and clinical trials; the Company’s compliance with the its license obligations; significant political, trade, and regulatory developments, including changes in relations between the U.S. and China; risks related to the operations of the Company’s suppliers, many of which are located outside of the United States, including the Company’s current sole contract manufacturing organization for obexelimab drug substance and drug product, WuXi Biologics (Hong Kong) Limited, and our partner, InnoCare, both of which are located in China; the risk that the Company’s indebtedness could adversely affect the Company’s financial condition or restrict the Company’s future operations; and other risks and uncertainties described in the section “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as supplemented from time to time by our subsequent filings with the Securities and Exchange Commission (the “SEC”), as well as other information we file with the SEC. The forward-looking statements in this press release are based upon information available to the Company as of the date of this press release and while the Company believes such information forms a reasonable basis for such statements, such information may be limited or incomplete. Because forward-looking statements are inherently subject to risks and uncertainties, these forward-looking statements should not be relied upon as guarantees of future events. Moreover, the Company operates in an evolving environment. New risks and uncertainties may emerge from time to time, and management cannot predict all risks and uncertainties. Except as required by applicable law, the Company does not undertake to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.

 

 

 

 

The Zenas BioPharma word mark, logo mark, and the “lightning bolt” design are trademarks of Zenas BioPharma, Inc. or its affiliated companies. All rights reserved.

 

Contacts:

 

Investors:

Argot Partners

Zenas@argotpartners.com

 

Media:

Kristin Ainsworth

SVP, U.S. Commercial Strategy & Corporate Affairs

612.839.6748

 

 

 

Filing Exhibits & Attachments

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