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Nascent Completes Dosing Requirement in Final Cohort of Phase I Clinical Trial

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Nascent Biotech (OTCQB:NBIO) has concluded the dosing period for its Phase I Clinical Trial of Pritumumab (PTB), targeting brain cancer treatment. This marks the completion of the fifth and final cohort, focusing on safety and dose tolerance. The company is preparing to submit trial data and a Phase II Clinical Protocol to the FDA for review. PTB is a human antibody that specifically targets cancer cells by binding to a protein called Vimentin, sparing healthy cells. As the trial remains open for active participants, more data on PTB's safety and tolerability will be forthcoming.

Positive
  • Completion of dosing for final cohort in Phase I Clinical Trial.
  • Preparation for FDA submission of Phase II Clinical Protocol.
  • Targeted therapy aims to spare healthy cells while attacking cancer.
Negative
  • None.

NORTH PALM BEACH, FL / ACCESSWIRE / January 25, 2023 / Nascent Biotech, Inc. (OTCQB:NBIO) ("Nascent Biotech", "Nascent", or the "Company"), a clinical-stage biotechnology Company developing monoclonal antibodies that target various cancer types, announced the completion of the dosing period of their Phase I Clinical Trial evaluating the safety and dose tolerance of Pritumumab ("PTB") as a treatment for Brain Cancer.

The completion of dosing for the fifth and final Phase I cohort completes safety and dose escalation. The Company will now prepare to submit data and the Phase II Clinical Protocol to the United States Food and Drug Administration (the "FDA") for evaluation. As the trial remains open for all active and follow-up participants enrolled, we look forward to providing more data on the safety and tolerability of Pritumumab.

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 which seeks out only cancer cells while sparing healthy cells.

About Nascent Biotech

Nascent Biotech, Inc is a clinical-stage biotech company engaged in the development of monoclonal antibodies to be used in the treatment of various cancers. Its products are not commercially available.

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

Safe Harbor: 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 October 28, 2014, and future 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

SOURCE: Nascent Biotech Inc.



View source version on accesswire.com:
https://www.accesswire.com/736538/Nascent-Completes-Dosing-Requirement-in-Final-Cohort-of-Phase-I-Clinical-Trial

FAQ

What is the purpose of the Phase I Clinical Trial for NBIO?

The Phase I Clinical Trial for Nascent Biotech (NBIO) evaluates the safety and dose tolerance of Pritumumab (PTB) as a treatment for brain cancer.

What were the results of the Phase I Clinical Trial for NBIO?

The trial successfully completed dosing for the fifth cohort, focusing on safety and dose tolerance of Pritumumab.

What are the next steps for Nascent Biotech after the Phase I trial?

Nascent Biotech plans to submit trial data and the Phase II Clinical Protocol to the FDA for evaluation.

What is Pritumumab (PTB) and how does it work?

Pritumumab (PTB) is a natural human antibody that targets Vimentin, a protein on cancer cells, aiming to selectively attack those cells while protecting healthy ones.

How does the completion of the dosing period impact NBIO's stock?

The completion of dosing may positively influence investor sentiment, as it indicates progress in the clinical development of Pritumumab.

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