Elon's $25 Trillion Confession

Elon Musk: "Tesla will become a $25 trillion company." That would make Tesla 8x bigger than Apple today. How is that possible? He admits it's all thanks to this one AI breakthrough that will take AI out of our computer screens and manifest a 250x boom here in the real world.

Corbus Pharmaceuticals Highlights Data From Its First US-Based Trial Of Lead Cancer Drug Candidate

Vandana Singh
February 14, 2025

On Friday, Corbus Pharmaceuticals Holdings, Inc. (NASDAQ:CRBP) announced that data from its US and UK first-in-human dose escalation clinical study of CRB-701 (SYS6002) were presented at the American Society of Clinical Oncology Genitourinary Cancers Symposium.

The Phase 1 Western dose escalation study enrolled participants with metastatic urothelial cancer (mUC) and other solid tumors associated with Nectin-4 expression. These included several tumor types not previously explored in China. 

A December 2024 data cut (n=38) is being presented, of whom 26 participants were evaluable for efficacy.

The Western study enrolled participants in the top four dose cohorts used in China (1.8, 2.7, 3.6, and 4.5 mg/kg) and adopted the same Q3W regimen. 

Safety

  • No dose-limiting toxicities were encountered during the dose escalation phase of both studies.
  • CRB-701 was well tolerated, with most treatment-emergent adverse events being grade 1 or 2 in both studies.
    • Notably, few cases of peripheral neuropathy or skin rash have been reported to date in either study:Peripheral neuropathy: Western study (Grade 1-2: 5% (n=2/38), (Grade 3 or above: zero) was comparable to China study (Grade 1: 3% (n=1/37), Grade 2 or above: zero).
    • The combined peripheral neuropathy rate for both studies was 4% (n=3/75). 
    • Skin and subcutaneous disorders: 24% (n=9/38) in the Western study compared to 8% (n=3/37) in the China study. The combined rate for both studies was 16% (12/75) across all dose groups.
  • Implementation of a proactive, preventative ocular toxicity protocol in the Western study yielded a lower incidence of ocular adverse events in the 2.7 mg/kg and 3.6 mg/kg (doses selected for optimization) in the Western study (38%) compared to the China study (66%).

The PK profile seen in the Western study was comparable to that generated in the China study. CRB-701 demonstrated a longer ADC half-life and lower free-MMAE exposure relative to enfortumab vedotin (EV).

Responses were observed in several tumor types, including previously unexplored HNSCC tumors.

The dose optimization phase of the Phase 1 Western study has commenced. Participants in HNSCC, cervical, and mUC tumors are being randomized to the 2.7 mg/kg and 3.6 mg/kg cohorts.

Price Action: CRBP stock is down 8.23% at $8.70 at the last check on Friday.

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