NAYA Biosciences Announces Development of NY-500, a Novel AI-Optimized PD-1 x VEGF Bifunctional Antibody
January 06 2025 - 8:30AM
NAYA Biosciences (“NAYA”) (NASDAQ: NAYA), a life science portfolio
company dedicated to bringing breakthrough treatments to patients
in oncology, autoimmune diseases, and women’s health, today
announced that it is expanding its bifunctional antibody pipeline
to include a novel PD-1 x VEGF tetravalent bifunctional antibody
for the treatment of hepatocellular carcinoma (HCC) and other solid
tumors.
NAYA is leveraging its proprietary FLEX antibody platform and
further optimizing its design through a partnership with MabSilico,
an artificial intelligence & deep technology-focused company,
to accelerate the development of new best-in-class candidates for
validated therapeutic targets.
“We are excited to add a novel, AI-optimized PD-1 x VEGF
therapeutic candidate to our pipeline of best-in-class bifunctional
antibodies,” commented NAYA Biosciences President Dr. Daniel Teper.
“NAYA’s bifunctional format has demonstrated the ability for
synergistic dual-targeting activity, resulting in the potential to
unlock clinical response in solid tumors. NY-500, our PD-1 x VEGF
antibody, will target hepatocellular carcinoma (HCC) and other
solid tumors with high unmet medical needs. Recent clinical data
with ivonescimab, the most advanced PD-1 x VEGF antibody, has shown
superiority in non-small-cell lung cancer (NSCLC) compared to
Keytruda®, the leading first-line immunotherapy standard-of-care in
multiple solid tumors, paving the way for a new generation of
PD-(L)1 therapeutic candidates.”
NAYA is also developing a GPC3-targeting bifunctional antibody
(NY-303) in a phase 1/2 clinical trial for HCC patients not
responding to PD-1 +/- VEGF therapy. NAYA has recently presented
data for NY-303 at the Society for Immunotherapy of Cancer (SITC)
demonstrating the ability to reverse resistance to PD-1 checkpoint
blockage and turn tumors from a “cold” into a “hot” status, making
the tumors susceptible to immunotherapy again. Initiation of
monotherapy Phase 1/2a clinical trials has been cleared by
regulatory authorities and leading academic centers and is expected
to start in 2025.
About NY-500 (PD-1 x VEGF Bifunctional
Antibody)
NY-500 is a tetravalent bifunctional antibody targeting PD-1, a
key immune checkpoint targeted by pembrolizumab (Keytruda®, Merck
& Co), and VEGF, a vascular endothelial growth factor targeted
by bevacizumab (Avastin®, Genentech Roche) which regulates the
production of new blood vessels (angiogenesis). Synergistic effects
of simultaneously targeting PD-1 & VEGF have been shown to
improve T-cell infiltration into tumors and enhance immune response
while disrupting tumor vasculature. Ivonescimab, a PD-1 x VEGF
antibody from Summit Therapeutics, recently outperformed
pembrolizumab in a head-to-head lung cancer clinical trials. NY-500
has a differentiated molecular design, leveraging both NAYA’s
proprietary FLEX format and AI-optimization, and is expected to
enter monotherapy phase 1/2a clinical trials in early 2026 for the
treatment of hepatocellular carcinoma (HCC) & other solid
tumors. According to IQVIA, the PD(L)1 market is expected to exceed
$50 billion in 2025.
About NAYA Biosciences
NAYA Biosciences (NASDAQ: NAYA) is a life science portfolio
company dedicated to bringing breakthrough treatments to patients
in oncology, autoimmune diseases, and women’s health. Our proven
hub & spoke model harnesses the shared resources of a parent
company and agility of lean strategic franchises, enabling
efficient acquisition, development, and partnering of assets and
allowing for optimized return on investment by combining scalable,
profitable commercial revenues with the upside of innovative
clinical-stage therapeutics.
NAYA’s expanding portfolio of assets currently includes NY-303,
a GPC3 x NKp46 bifunctional antibody for the treatment of
hepatocellular carcinoma (HCC) with a unique mode of action
targeting non-responders to the current immunotherapy standard of
care (approximately 70% of the current treatable market) cleared to
enroll patients in a Phase 1/2a monotherapy trial in 2025, NY-338,
a CD38 x NKp46 bifunctional antibody for the treatment of multiple
myeloma and autoimmune diseases with a differentiated safety and
efficacy profile, NY-500, a PD-1 x VEGF bifunctional antibody for
the treatment of HCC and other solid tumors, and NY-600 a PSMA x
NKp46 bifunctional antibody for the treatment of metastatic
Castration Resistant Prostate Cancer (mCRPC).
Safe Harbor StatementThis release includes
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. The Company invokes
the protections of the Private Securities Litigation Reform Act of
1995. All statements regarding our expected future financial
position, results of operations, cash flows, financing plans,
business strategies, products and services, competitive positions,
growth opportunities, plans and objectives of management for future
operations, as well as statements that include words such as
“anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,”
“intend,” “may,” “could,” “should,” “will,” and other similar
expressions are forward-looking statements. All forward-looking
statements involve risks, uncertainties, and contingencies, many of
which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. Factors that may cause
actual results to differ materially from those in the
forward-looking statements include those set forth in our filings
at www.sec.gov. We are under no obligation to (and expressly
disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events or otherwise.
NAYA Investor & Media ContactAnna
Baran-DjokovicSVP, Investor
Relations+1-305-615-9162anna@nayabiosciences.com
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