StockWatch
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Biotechnology: Pharmaceutical Preparations
Clinical TrialMay 20, 2026, 08:46 AM

Propanc Biopharma Plans Phase 1b Clinical Trial for PRP

AI Summary

Propanc Biopharma, Inc. announced its intention to file a Clinical Trial Application (CTA) in Australia later this year for a Phase 1b, First-In-Human study of its lead asset, PRP. This study will involve 30-40 advanced cancer patients with solid tumors, utilizing an intravenous formulation of PRP administered once weekly. Following the completion of Phase 1, the company plans to conduct two Phase 2 studies, each with 60 patients, targeting pancreatic and ovarian cancers. The CEO also highlighted broader advancements in pancreatic cancer treatment, reinforcing the company's focus on biologically informed strategies.

Key Highlights

  • Propanc Biopharma plans to file a Clinical Trial Application (CTA) in Australia later this year.
  • The CTA is for a Phase 1b, First-In-Human study of its lead asset, PRP, in an IV formulation.
  • The Phase 1b study will enroll 30-40 advanced cancer patients suffering from solid tumors.
  • PRP will be administered once weekly at significantly higher doses than previous compassionate use.
  • Following Phase 1, the company plans two Phase 2 studies, each with 60 patients.
  • Phase 2 studies will target pancreatic and ovarian cancers to establish proof of concept.
  • PRP received USFDA Orphan Drug Designation for pancreatic cancer in 2017.
  • Compassionate use data showed 3 out of 4 patients significantly exceeding life expectancy.