Propanc Biopharma, Inc. Common StockMOU signed for first-in-human trial of lead candidate PRP, advancing clinical development.

Propanc Biopharma has signed a Memorandum of Understanding with Avance Clinical to collaborate on the clinical delivery of a planned Phase 1b First-in-Human trial for PRP, its lead investigational candidate for advanced solid tumors. The study will evaluate safety, tolerability, pharmacokinetics, immunogenicity, and preliminary clinical activity in patients with advanced cancer. Avance Clinical brings more than 30 years of experience in early-phase oncology trials and offers advantages such as rapid ethics approval and significant R&D tax rebates in Australia. Propanc, headquartered in Melbourne since 2007, aims to capitalize on these benefits. CEO James Nathanielsz called the MOU an important milestone toward clinical evaluation, citing PRP's unique mechanism of action, low toxicity, and good tolerability for patients with limited treatment options.
Propanc Biopharma, Inc. Common StockMOU signed for first-in-human trial of lead candidate PRP, advancing clinical development.