STOCK TITAN

Nascent Begins Enrollment of Final Patient Cohort to Complete Phase One Clinical Research

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary

Nascent Biotech (OTCQB:NBIO) announced the enrollment of the first patient in the fifth and final cohort of its Phase I clinical trial for Pritumumab (PTB), targeting primary and metastatic brain cancers. This marks a critical milestone as the company prepares to transition to Phase II research post-trial completion. The trial focuses on utilizing PTB, a human antibody that selectively targets cancer cells via cell surface vimentin, ensuring minimal damage to healthy tissues. Patient enrollment is ongoing, and interested individuals can find details on clinicaltrials.gov.

Positive
  • Enrollment of the first patient in the fifth cohort of Phase I trial for Pritumumab, indicating progression in clinical research.
  • Pritumumab targets cancer cells selectively, potentially enhancing treatment efficacy and safety.
Negative
  • None.

VERO BEACH, FL / ACCESSWIRE / October 4, 2022 / Nascent Biotech, Inc. (OTCQB:NBIO) ("Nascent Biotech", "Nascent", or the "Company"), a clinical-stage biotechnology Company focused on the development of monoclonal antibodies targeting various cancer types, announced today that the Company has enrolled the first patient of the fifth and final cohort of its Phase I clinical trial to evaluate Pritumumab ("PTB") as a treatment for Primary and Metastatic Brain Cancers.

Sean Carrick, Nascent CEO, explains, "We are enthusiastically encouraging anyone interested in screening for the trial to do so in a timely manner. This cohort of patients will likely be the final one in this trial, and new patient enrollment will cease until our Phase II research gets underway."

Patient enrollment continues for Phase I and interested parties may review trial requirements at www.clinicaltrials.gov under the search term ‘Pritumumab'.

Following completion of dosing of the Fifth Cohort, the Company will prepare data for submission to the FDA in preparation for Phase II clinical research.

PTB is a natural human antibody that binds to Cell surface Vimentin (also referred to as ectodomain vimentin), a protein expressed on the surface of epithelial cancers. PTB is used as a targeted immunotherapy and seek out only cancer cells without damaging healthy cells.

About Nascent Biotech

Nascent Biotech, Inc. (OTCQB:NBIO) is a clinical-stage biotech company pioneering the development of monoclonal antibodies to be used in the treatment of various cancers and viral infections, helping people worldwide. Its products are not yet commercially available. The Company's lead candidate, Pritumumab (PTB), is a monoclonal Antibody (Mab) that is being studied in Phase I clinical trials for the treatment of Brain Cancer.

For further information please visit our website www.nascentbiotech.com.

Forward Looking Safe Harbor Statement

Statements in this press release about our future expectations constitute 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time and our actual results could differ materially from expected results. These risks and uncertainties include, without limitation, Nascent Biotech Inc's ability to target the medical professionals; Nascent Biotech Inc's ability to raise capital; as well as other risks. Additional information about these and other factors may be described in the Nascent Biotech Inc's Form 10, filed on May 2, 2015, and future subsequent filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.

Corporate Contact
Sean Carrick | President | CEO | Nascent Biotech, Inc.
772.713.0541 Cell | sean.carrick@nascentbiotech.com

Public Relations
EDM Media, LLC
https://edm.media
(800) 301-7883

SOURCE: Nascent Biotech Inc.





View source version on accesswire.com:
https://www.accesswire.com/718633/Nascent-Begins-Enrollment-of-Final-Patient-Cohort-to-Complete-Phase-One-Clinical-Research

FAQ

What is the purpose of Nascent Biotech's Phase I clinical trial for NBIO?

The Phase I clinical trial aims to evaluate Pritumumab's safety and efficacy in treating primary and metastatic brain cancers.

When did Nascent Biotech enroll the first patient for the final cohort of the Phase I trial?

The first patient for the fifth cohort was enrolled on October 4, 2022.

What are the next steps after the Phase I trial for Pritumumab?

After completing the dosing for the fifth cohort, Nascent Biotech will prepare data for FDA submission to initiate Phase II clinical research.

How does Pritumumab work in targeting cancer cells?

Pritumumab is a monoclonal antibody that binds to cell surface vimentin, which is expressed on epithelial cancer cells, allowing for targeted immunotherapy.

What is the significance of the final cohort in the clinical trial for NBIO?

The final cohort indicates the nearing completion of the Phase I trial, which is essential for progressing to the next phase of clinical research.

NASCENT BIOTECH INC

OTC:NBIO

NBIO Rankings

NBIO Latest News

NBIO Stock Data

258.32k
89.12M
48.25%
0.62%
Biotechnology
Healthcare
Link
United States of America
North Palm Beach