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Pilatus Biosciences Inc. Secures FDA Orphan Drug Designation for PLT012: A Breakthrough in Liver and Intrahepatic Bile Duct Cancer Treatment

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Pilatus Biosciences Inc. Secures FDA Orphan Drug Designation for PLT012: A Breakthrough in Liver and Intrahepatic Bile Duct Cancer Treatment
Business

Business

Pilatus Biosciences Inc. Secures FDA Orphan Drug Designation for PLT012: A Breakthrough in Liver and Intrahepatic Bile Duct Cancer Treatment

2024-12-11 11:04 Last Updated At:11:25

DOVER, Del. and EPALINGES, Switzerland, Dec. 11, 2024 /PRNewswire/ -- Pilatus Biosciences Inc. announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to its leading molecule, PLT012, for treating liver and intrahepatic bile duct cancer (HCC/ICCA). Achieved in November 2024, this designation marks a crucial advancement in developing innovative therapies for patients facing these challenging cancers. Dr. Raven Lin, CEO, emphasized the company's commitment to addressing urgent medical needs, while Prof. Ping-Chih Ho highlighted PLT012's unique therapeutic approach targeting the tumor microenvironment. Pilatus is actively working with regulatory authorities to expedite PLT012's development and availability.

Pilatus Biosciences, a preclinical-stage biopharmaceutical company spun out from the Ludwig Institute for Cancer Research (Lausanne), is leading the development of first-in-class biologics targeting metabolic checkpoints. Supported by the Cancer Research Institute (New York), the company employs a pioneering approach to immunometabolism, reprogramming the immune microenvironment to combat cancer effectively.

"We are honored to receive Orphan Drug Designation for PLT012, a milestone that reflects our dedication to addressing the urgent need for innovative therapies in liver and intrahepatic bile duct cancer," said Dr. Raven Lin, CEO and Co-founder of Pilatus Biosciences. Prof. Ping-Chih Ho, Chair of the Scientific Advisory Board and Co-founder of Pilatus Biosciences, added, "PLT012 leverages metabolic checkpoint targeting to reprogram the tumor microenvironment (TME), offering a unique therapeutic approach. This designation highlights the promising scientific discoveries and results we have achieved in addressing the underserved area. It further motivates us to accelerate PLT012's development and collaborate globally to bring this promising treatment to patients with limited options."

Currently, Pilatus Biosciences is advancing the development of PLT012, actively engaging with regulatory authorities and stakeholders to expedite the availability of this promising therapy.

About PLT012

PLT012, is a humanized anti-CD36 antibody with a unique dual mechanism of action (MOA): it simultaneously disarms immunosuppressive cell populations and amplifies effector T cell functions. PLT012 has shown potential against multiple tumors with unmet medical needs. It is set to advance to its first U.S. IND submission and first patient dosing in 2025. As a monotherapy, PLT012 demonstrates remarkable anti-tumor efficacy in both immune 'hot' and 'cold' tumor models with a significant augmentation in GzmB-expressing CD8+ T cells and reductions in both intratumoral Tregs and pro-tumorigenic macrophage. Additionally, PLT012 treatment alters the exhaustion features of cytotoxic CD8+ T cells by increasing the populations of progenitor- (Texprog) and tumoricidal activities in terminal-exhausted T cells (Texterm), highlighting enhanced anti-tumor immunity when combined with immune checkpoint blockade therapies, such as PD-1 or PD-L1 inhibitors.

About Orphan Drug Designation

The FDA's Orphan Drug Designation (ODD) program provides orphan status to drugs defined as those intended for the treatment, diagnosis or prevention of rare diseases that affect fewer than 200,000 people in the United States. ODD qualifies the sponsor of the drug for certain development incentives, including tax credits for qualified clinical testing, prescription drug user fee exemptions and 7 years marketing exclusivity upon FDA approval.

About Liver and Intrahepatic Bile Duct Cancer (HCC/ICCA)

Primary liver cancer first occurs in either the liver or the intrahepatic bile ducts. The two most common types of liver and intrahepatic bile duct cancer are hepatocellular carcinoma (HCC, 80-90% of cases), and intrahepatic cholangiocarcinoma (ICCA, 10-15% of cases). In HCC and ICCA, metabolic reprogramming plays a crucial role in promoting tumor progression by modifying the TME to support tumor growth and immune evasion.

For HCC, the most common first-line systemic therapies include either a combination of a PD-L1 inhibitor and a VEGF inhibitor or a combination of a PD-L1 inhibitor and a CTLA-4 inhibitor. Most patients will require multiple lines of treatment, as the recurrence rate of HCC has been reported to be as high as 88%. Second-line treatments for HCC are primarily multiple tyrosine kinase receptor inhibitors, even the incidence of a second HCC recurrence is 50%-70%. Additional lines of treatment may be administered if the patient can tolerate a second-line therapy with a different MOA than those previously administered.

PLT012 emerges as a promising candidate, demonstrating dual MOA that synergizes with existing treatments and provide immune-stimulating effects in the TME, potentially enhancing therapeutic outcomes.

About Pilatus Biosciences Inc.:

Pilatus Biosciences is pioneering in discovering and developing first-in-class antibodies and bifunctional proteins that target metabolic checkpoints, with the goal of driving immuno-microenvironment reprogramming to combat cancer.

With deep expertise in immunometabolism research, Pilatus Biosciences partners with leading cancer research institutions and hospitals worldwide. To strengthen its R&D capabilities, the company established a lab in Taiwan in July 2024, focused on supporting early clinical development and biomarker discovery.

Pilatus Biosciences operates globally, utilizing a cross-border functional team and fostering external collaborations to maintain an agile, cost-efficient development platform, driving its efforts to create groundbreaking therapies.

For more information about Pilatus Biosciences and its work in the field of oncology, please visit https://www.pilatusbio.com/.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Pilatus Biosciences Inc. Secures FDA Orphan Drug Designation for PLT012: A Breakthrough in Liver and Intrahepatic Bile Duct Cancer Treatment

Pilatus Biosciences Inc. Secures FDA Orphan Drug Designation for PLT012: A Breakthrough in Liver and Intrahepatic Bile Duct Cancer Treatment

SYDNEY, Jan. 13, 2026 /PRNewswire/ -- DoxAI, the rapidly growing AI automation and document-intelligence company within the Lakeba Group, today announced the appointment of Roberto Purcaro as a Non-Executive Director.

Strengthening Strategic Oversight for International Growth

Roberto brings more than 20 years of international investment banking experience, most recently as Global Head of Complex Opportunities and Head of Italy at Macquarie Capital. He has structured major high profile transactions worldwide in infrastructure, energy transition and digitalisation working with multinational corporations, sovereign institutions, and leading global investors allowing Macquarie to expand the business to new geographies and products.

His appointment significantly enhances the Board's strategic expertise, particularly as DoxAI accelerates its international expansion. Roberto's proven track record and extensive global network will provide invaluable strategic guidance to management.

Leadership Commentary

Giuseppe Porcelli, Chairman of DoxAI and Group CEO of Lakeba, said:

"Roberto's appointment marks a major milestone in DoxAI's global expansion. His experience leading complex, high-value transactions with strategic relationships will accelerate our growth into key international markets. Roberto strengthens our board at a pivotal moment as we scale DoxAI into one of the world's most advanced AI automation platforms."Kevin Wo, Independent Non-Executive Director of DoxAI and Chief Partner Officer, Microsoft ASEAN, added:

"Roberto brings world-class strategic and financial insight to our Board. His addition enhances the Board's ability to guide DoxAI's global journey, and I look forward to working closely with him as we deepen our international presence and expand our portfolio of enterprise-grade AI solutions."

Roberto Purcaro, incoming Non-Executive Director of DoxAI, said:

"I am thrilled to join DoxAI at such an  exciting stage. The company has developed an impressive foundation of technology, customers and global partnerships, and I see enormous potential to scale its impact globally. I look forward to working with  my fellow directors and the management team to provide strategic guidance on international growth opportunities that will help realise DoxAI's significant global potential."

About Roberto Purcaro

Roberto Purcaro is a highly regarded international investment banker with a track record of leading transformative transactions in infrastructure, technology and energy transition.Former Global Head of Complex Opportunities and Head of Italy at Macquarie Ccapital, he is recognised for structuring innovative deals and scaling businesses across borders.

About DoxAI

DoxAI is a leading AI automation and document-intelligence platform created by Lakeba Group. DoxAI provides enterprise-grade solutions for classification, extraction, validation, fraud detection, summarisation, e-signing and document workflow automation. The platform powers operations across financial services, telecommunications, professional services, government and supply-chain industries — enabling organisations to reduce cost, increase efficiency and modernise compliance through AI-driven decisioning.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

DoxAI Appoints Former Macquarie Capital Executive Roberto Purcaro to its Board of Directors to Accelerate Global Expansion

DoxAI Appoints Former Macquarie Capital Executive Roberto Purcaro to its Board of Directors to Accelerate Global Expansion

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