Summary of Corbus Pharmaceuticals FY Conference Call Company Overview - **Company**: Corbus Pharmaceuticals (NasdaqCM:CRBP) - **Date of Conference**: January 15, 2026 - **Key Speaker**: CEO Yuval Cohen Key Points on Drug Development and Pipeline CRB-701 (Oncology) - **Indications**: Focus on second-line monotherapy for head and neck cancer and cervical cancer - **Data Presentation**: Updated data presented at ESMO, with emphasis on the duration of response for patients in second-line head and neck cancer [3] - **FDA Discussions**: Ongoing discussions with the FDA regarding the registrational pathway for CRB-701 in both head and neck and cervical cancers, with expectations of clarity on the regulatory process [4][5] - **Durability of Response**: Key question remains on how durable the response is for patients treated with CRB-701 in both indications [3][4] - **First-Line Treatment**: Emerging data from a study combining CRB-701 with Keytruda in first-line head and neck cancer, with expectations for data maturation later in the year [5][6] CRB-913 (Obesity) - **Mechanism**: A once-a-day oral small molecule CB1 inverse agonist, with a focus on obesity treatment [8] - **Comparison with Monlunabant**: CRB-913 is more restricted in the brain compared to Monlunabant, leading to potentially fewer adverse effects [10][11] - **Safety Profile**: Initial phase 1A data shows a mild profile of gastrointestinal adverse events, significantly better than Monlunabant, which had higher GI toxicity [15][19] - **Neuropsychiatric Events**: No clinical events of neuropsychiatric adverse events reported in CRB-913 trials, contrasting with Monlunabant's high incidence [18][19] - **Weight Loss Results**: Significant weight loss observed in participants, with an average of nearly 3% weight loss after one week of dosing [20][21] - **Efficacy Comparison**: CRB-913 shows potential to be more potent than Rimonabant and Monlunabant, with a promising safety profile [25][27] Financial Position - **Cash Reserves**: Corbus Pharmaceuticals reported having $172 million in cash, providing a runway for both oncology and obesity programs into 2028 [44] Additional Insights - **Regulatory Environment**: The current FDA environment is perceived as less welcoming to single-arm accelerated approval studies compared to previous years [4] - **Market Positioning**: The company aims to position CRB-701 in a competitive landscape dominated by EGFR combinations in first-line head and neck cancer [6] - **Future Milestones**: Anticipated data releases and regulatory updates for both CRB-701 and CRB-913 throughout 2026 [33] Conclusion Corbus Pharmaceuticals is actively advancing its oncology and obesity drug pipelines, with significant upcoming milestones and a strong financial position to support its initiatives. The focus on safety and efficacy in both CRB-701 and CRB-913 highlights the company's commitment to addressing unmet medical needs in these therapeutic areas.

Core Insights - Corbus Pharmaceuticals has initiated the dosing of the first subject in the Phase 1 trial of CRB-913, a drug aimed at treating obesity, under an open IND in the United States [1][4] - CRB-913 is a second-generation cannabinoid type-1 (CB1) receptor inverse agonist, designed to induce weight loss with a focus on minimizing neuropsychiatric risks associated with earlier drugs in this class [2][9] - Pre-clinical data indicates that CRB-913 is significantly more peripherally restricted compared to both monlunabant and rimonabant, with a brain-to-plasma ratio fifty times lower than rimonabant [3][9] Company Overview - Corbus Pharmaceuticals is focused on oncology and obesity, with a diversified portfolio that includes CRB-701, an antibody drug conjugate, and CRB-601, an anti-integrin monoclonal antibody [6] - The company aims to address unmet medical needs in weight loss through innovative mechanisms, including potential uses of CRB-913 as monotherapy or in combination with other therapies [5][9] Clinical Development Timeline - The SAD/MAD portion of the Phase 1 trial is expected to be completed in Q3 2025, followed by a Phase 1b dose-range finding study set to commence in Q4 2025 and conclude in the second half of 2026 [4][9]