Proenzyme activation for cancer treatment
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Propanc Biopharma Provides Corporate Update and Reports Half Yearly 2025/26 Results
Globenewswire· 2026-02-18 13:45
Core Insights - Propanc Biopharma, Inc. is advancing its biopharmaceutical development focused on novel treatments for recurrent and metastatic cancer, with significant updates on corporate progress and financial results as of December 31, 2025 [1] Corporate and R&D Highlights - The company has filed four provisional patent applications to enhance global protection for its breakthrough proenzyme formulations, which is expected to increase its IP portfolio from approximately 90 to over 200 patents [2] - Key findings regarding the impact of proenzymes on pancreatic ductal adenocarcinoma fibroblasts were published in a peer-reviewed journal, highlighting the potential of PRP as a disruptor of the tumor microenvironment [3] Financial Updates - Propanc has entered into a private placement agreement for up to $100 million to accelerate clinical development, receiving an initial investment of $1 million [4] - The company reported total assets of $15.11 million and reduced total liabilities by $2.07 million, with convertible notes decreasing to $55,000 from $538,000 [8] Management Commentary - The CEO expressed satisfaction with the advancements in R&D programs, particularly the lead asset PRP, which is being prepared for a Phase 1b, First-In-Human study in advanced cancer patients [7] Financial Performance - For the quarter ended December 31, 2025, the company reported a net loss of $3,091,394, with total operating expenses of $3,654,734 [15] - The basic and diluted net loss per share was reported at $0.30 for the three months ended December 31, 2025 [16]
Propanc Biopharma Requests Foreign Filing License from Spain for Methods of Treating Resistant Cancer and Fibrosis
Globenewswire· 2025-12-01 13:45
Core Insights - Propanc Biopharma has submitted a request for a foreign filing license from Spain for two provisional patents aimed at treating resistant cancer and fibrosis, marking a significant step in its research and development efforts [1][5] - The first patent focuses on methods to treat cancers that have developed resistance to chemotherapy and radiotherapy, addressing the urgent need for new strategies to prevent recurrence and treatment failure [2] - The second patent pertains to compositions and methods for treating fibrosis, which is characterized by excessive scar tissue accumulation and can affect various organ systems, significantly impacting morbidity and mortality [3] Patent Details - The first provisional patent addresses treatment methods for chemotherapy-resistant cancers, highlighting the ongoing high global mortality rates and the necessity for innovative approaches [2] - The second provisional patent represents a novel addition to Propanc's intellectual property portfolio, utilizing the lead product candidate PRP for chronic diseases beyond cancer, particularly focusing on the epithelial-to-mesenchymal transition (EMT) as a therapeutic target [4] Future Plans - The CEO of Propanc, James Nathanielsz, emphasized that the submission of these patents is a pivotal moment for the company, with plans for a Phase 1b, First-In-Human study in 2026 to determine the therapeutic dose of PRP [5] - The company aims to explore the application of PRP across multiple disease conditions in subsequent Phase 2 proof-of-concept studies, positioning it as a novel therapeutic approach that encourages normal cell behavior without the cytotoxic effects of standard treatments [5] Company Overview - Propanc Biopharma is focused on developing innovative treatments to prevent cancer recurrence and metastasis by targeting cancer stem cells through proenzyme activation, with its lead product candidate PRP designed to address the underlying drivers of cancer proliferation [6]