MARKET WIRE NEWS

Ascentage Pharma Announces IND Clearance by the China CDE for BTK Degrader APG-3288

MWN-AI** Summary

Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855) has announced the clearance of its investigational new drug (IND) application for APG-3288, a next-generation Bruton's tyrosine kinase (BTK)-targeted protein degrader, by the China Center for Drug Evaluation (CDE). This clearance follows a similar approval from the U.S. Food and Drug Administration (FDA), marking a significant milestone for the company's clinical development efforts. APG-3288 is set to enter a multicenter, open-label Phase I clinical study aimed at assessing its safety, tolerability, pharmacokinetic profile, and preliminary efficacy in patients suffering from relapsed/refractory hematologic malignancies.

BTK plays a crucial role in the B-cell receptor signaling pathway, and its dysregulation is linked to various B-cell malignancies, including B-cell lymphoma and chronic lymphocytic leukemia (CLL). Current BTK inhibitors have improved outcomes; however, resistance due to BTK mutations remains a challenge, creating a need for novel therapeutic approaches. APG-3288, developed using proprietary proteolysis-targeting chimera (PROTAC) technology, aims to overcome this resistance by inducing BTK degradation rather than inhibition, targeting both wild-type BTK and its mutant forms.

Ascentage Pharma has established a strong pipeline in the field of hematologic malignancies, with previous approvals for products like Olverembatinib and Lisaftoclax. The IND clearance for APG-3288 reinforces the company’s commitment to addressing unmet medical needs and positions it well for future advancements and potential treatment combinations. According to Yifan Zhai, M.D., Ph.D., the company is focused on accelerating the global clinical development of APG-3288, demonstrating its innovative capabilities in cancer therapeutics.

MWN-AI** Analysis

Ascentage Pharma's recent IND clearance for APG-3288 marks a strategic advancement in its oncology portfolio, particularly for treating relapsed/refractory hematologic malignancies. This clearance from the China CDE, following similar approval from the U.S. FDA, underscores the promising potential of its BTK-targeted protein degrader, which could address significant unmet medical needs in this domain.

Investors should consider that APG-3288 operates on a differentiated mechanism through proteolysis-targeting chimera (PROTAC) technology, which enables degradation of BTK—making it potentially more effective against mutations that confer resistance to traditional BTK inhibitors. This innovation aligns with a growing trend in cancer therapeutics focused on overcoming resistance mechanisms, thus positioning Ascentage favorably within a highly competitive landscape.

Furthermore, Ascentage Pharma's strong existing pipeline, including previously approved agents like Olverembatinib and Lisaftoclax, provides a robust commercial foundation. The company’s partnership with renowned biotechnology firms and research institutions further enhances its credibility and capability in drug development.

From a financial perspective, the stock's prospects may improve as the clinical studies progress, particularly if early results from the Phase I trial for APG-3288 are favorable. Given the high demand for treatments capable of managing drug-resistant hematologic cancers, achieving successful outcomes could lead to expanded market opportunities and increased investor confidence.

Nevertheless, potential investors should remain aware of inherent risks associated with biopharmaceutical investments, including regulatory hurdles, market competition, and the unpredictability of clinical trial outcomes. As such, a balanced approach considering both the potential upside of Ascentage Pharma's innovative therapeutic pipeline and the volatility characteristic of biotech shares would be prudent when assessing its stock.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

ROCKVILLE, Md. and SUZHOU, China, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855), a global, commercial stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel, differentiated therapies to address unmet medical needs in cancer, announced that its novel next-generation Bruton's tyrosine kinase (BTK)-targeted protein degrader, APG-3288, has received investigational new drug (IND) application clearance from the China Center for Drug Evaluation (CDE) and is poised to enter a clinical study in patients with relapsed/refractory hematologic malignancies. This IND clearance from the China CDE, which came shortly after the IND was cleared by the U.S. Food and Drug Administration (FDA), ushers in a new phase in the multicenter clinical development of APG-3288 and highlights Ascentage Pharma’s robust global development capabilities in the field of targeted protein degradation.

Ascentage Pharma will be conducting a multicenter, open-label Phase I study designed to evaluate the safety, tolerability, pharmacokinetic (PK) profile, and preliminary efficacy of APG-3288 in patients with relapsed/refractory hematologic malignancies.

BTK is a key kinase in the B-cell receptor (BCR) signaling pathway and plays a central role in the activation, proliferation, and survival of B-cells. Aberrant BTK activation is closely associated with the initiation and progression of multiple B-cell malignancies such as B-cell lymphoma (including diffuse large B-cell lymphoma, mantle cell lymphoma, and follicular lymphoma), chronic lymphocytic leukemia (CLL), and Waldenström’s macroglobulinemia (WM)1. BTK inhibitors have drastically improved treatment outcomes for patients with B-cell malignancies. However, BTK mutations and remodeling of signaling pathways often lead to acquired resistance during prolonged treatment. There remains an urgent clinical need for new drugs promising novel mechanisms of action2.

APG-3288 is a highly potent and selective BTK degrader developed utilizing Ascentage Pharma’s proprietary proteolysis-targeting chimera (PROTAC) technology platform. This candidate induces the formation of a ternary complex consisting of the BTK target, the PROTAC, and the Cereblon E3 ubiquitin ligase, leading to proteasome-mediated degradation of the BTK target. Unlike conventional BTK inhibitors, APG-3288 is designed to act through degradation rather than inhibition, inducing rapid, potent, highly selective, and sustained degradation of both wild-type BTK and multiple BTK mutants associated with resistance to existing BTK inhibitors. Critically, this approach blocks the BCR-BTK signaling axis at its source, thereby overcoming resistance to BTK inhibitors and potentially providing a novel and differentiated therapeutic strategy for BTK-targeted treatment3.

As a company focused on developing innovative drugs for cancer treatment, Ascentage Pharma has dedicated many years building a strong presence in the field of hematologic malignancies with a portfolio that includes Olverembatinib and Lisaftoclax, two products that have already been approved in China. This IND clearance for APG-3288 in China will further strengthen the Company’s pipeline in hematologic malignancies and lay a strong foundation for potential combinations with other key assets within the pipeline.

Yifan Zhai, M.D., Ph.D., Chief Medical Officer of Ascentage Pharma, said, “After receiving IND clearances for APG-3288 from the U.S. FDA and then the China CDE, we have reached a significant milestone in the field of targeted protein degradation, taking another major step forward with our global innovation strategy. There is considerable unmet clinical need in patients with hematologic malignancies, particularly those drug-resistant patients who desperately lack treatment options. We will expeditiously advance this global clinical development program for APG-3288 and actively explore its combinatory potential in efforts to bring this innovative therapeutic to patients in China and around the world as soon as possible.”

*APG-3288 is currently under investigation and has not been approved by the U.S. FDA

References:
[1]. Pal Singh, S., F. Dammeijer, and R.W. Hendriks, Role of Bruton’s tyrosine kinase in B cells and malignancies. Molecular Cancer, 2018. 17(1).
[2]. Wang, E., et al., Mechanisms of Resistance to Noncovalent Bruton’s Tyrosine Kinase Inhibitors. New England Journal of Medicine, 2022. 386(8): p. 735-743.
[3]. Zhang, D., et al., NRX-0492 degrades wild-type and C481 mutant BTK and demonstrates in vivo activity in CLL patient-derived xenografts. Blood, 2023. 141(13): p. 1584-1596.

About Ascentage Pharma
Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855) (“Ascentage Pharma” or the “Company”) is a global, commercial stage, integrated biopharmaceutical company engaged in the discovery, development and commercialization of novel, differentiated therapies to address unmet medical needs in cancer. The Company has built a rich pipeline of innovative drug products and candidates that includes inhibitors targeting key proteins in the apoptotic pathway, such as Bcl-2 and MDM2-p53, next-generation kinase inhibitors, as well as protein degraders.

The lead asset, Olverembatinib, is the first novel third-generation BCR-ABL1 inhibitor approved in China for the treatment of patients with CML in chronic phase (CML-CP) with T315I mutations, CML in accelerated phase (CML-AP) with T315I mutations, and CML-CP that is resistant or intolerant to first and second-generation TKIs. All indications are covered by the China National Reimbursement Drug List (NRDL). The Company is currently conducting an FDA-cleared, global registrational Phase III trial, or POLARIS-2, of Olverembatinib for CML, as well as global registrational Phase III trials for patients with newly diagnosed Ph+ ALL and SDH-deficient GIST patients.

The Company’s second approved product, Lisaftoclax, is a novel Bcl-2 inhibitor for the treatment of various hematologic malignancies. Lisaftoclax is being commercialized in China following National Medical Products Administration (NMPA) approval for the treatment of adult patients with chronic lymphocytic leukemia/small lymphocytic lymphoma (CLL/SLL) who have previously received at least one systemic therapy including BTK inhibitors. The Company is currently conducting four global registrational Phase III trials: the FDA-cleared GLORA study of Lisaftoclax in combination with BTK inhibitors in patients with CLL/SLL previously treated with BTK inhibitors for more than 12 months with suboptimal response; the GLORA-2 study in patients with newly diagnosed CLL/SLL; the GLORA-3 study in newly diagnosed, elderly and unfit patients with acute myeloid leukemia (AML); and the GLORA-4 study in patients with newly diagnosed higher-risk myelodysplastic syndrome (HR MDS), a study that was simultaneously cleared by the U.S. FDA, the EMA of the EU, and China CDE.

Leveraging its robust R&D capabilities, Ascentage Pharma has built a portfolio of global intellectual property rights and entered into global partnerships and other relationships with numerous leading biotechnology and pharmaceutical companies, such as Takeda, AstraZeneca, Merck, Pfizer, and Innovent, in addition to research and development relationships with leading research institutions, such as Dana-Farber Cancer Institute, Mayo Clinic, National Cancer Institute and the University of Michigan. For more information, visit https://ascentage.com/

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, contained in this press release may be forward-looking statements, including statements that express Ascentage Pharma’s opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results of operations or financial condition.

These forward-looking statements are subject to a number of risks and uncertainties as discussed in Ascentage Pharma’s filings with the SEC, including those set forth in the sections titled “Risk factors” and “Special note regarding forward-looking statements and industry data” in its Registration Statement on Form F-1, as amended, filed with the SEC on January 21, 2025, and the Form 20-F filed with the SEC on April 16, 2025, the sections headed “Forward-looking Statements” and “Risk Factors” in the prospectus of the Company for its Hong Kong initial public offering dated October 16, 2019, and other filings with the SEC and/or The Stock Exchange of Hong Kong Limited we made or make from time to time that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. The forward-looking statements contained in this presentation do not constitute profit forecast by the Company’s management.

As a result of these factors, you should not rely on these forward-looking statements as predictions of future events. The forward-looking statements contained in this press release are based on Ascentage Pharma’s current expectations and beliefs concerning future developments and their potential effects and speak only as of the date of such statements. Ascentage Pharma does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts

Investor Relations:
Yuly Chen, Senior Investor Relations Director
Ascentage Pharma
IR@ascentage.com
+86 512 85557777
+1 (301) 792-5658

Stephanie Carrington
ICR Healthcare
AscentageIR@icrhealthcare.com
+1 (646) 277-1282

Media Relations:
Sean Leous
ICR Healthcare
AscentagePR@icrhealthcare.com
+1 (646) 866-4012


FAQ**

How does the recent IND approval for Ascentage Pharma Group ASPHF's APG-3288 in China compare to similar approvals for oncology drugs in Rockville, MD, and what implications does it have for biopharmaceutical innovation in both locations?

The recent IND approval for Ascentage Pharma's APG-3288 in China highlights a growing trend in global biopharmaceutical innovation, contrasting with similar approvals in Rockville, MD, as it signals China's increasing competitiveness in oncology research and development.

Given that Ascentage Pharma Group ASPHF is advancing its clinical studies in China, how might the regulatory environment in Suzhou, China, influence the drug development timelines compared to those experienced in Rockville, MD?

The regulatory environment in Suzhou, China, may expedite drug development timelines for Ascentage Pharma Group ASPHF due to streamlined approval processes and a focus on innovative therapies, unlike the more rigorous and lengthy procedures typically experienced in Rockville, MD.

What impact could Ascentage Pharma Group ASPHF's multi-center clinical trial outcomes in Suzhou have on its competitive positioning against other biopharmaceutical firms located in Rockville, MD, known for their oncology therapies?

Positive outcomes from Ascentage Pharma Group's multi-center clinical trials in Suzhou could significantly enhance its competitive positioning against Rockville-based biopharmaceutical firms by demonstrating the efficacy of its oncology therapies, attracting investment, and bolstering partnerships.

Considering the advancements in cancer treatment by Ascentage Pharma Group ASPHF, how might the collaboration with U.S. entities based in Rockville, MD, accelerate the development and commercialization of innovative therapies in hematologic malignancies?

The collaboration with U.S. entities in Rockville, MD, could leverage their expertise, resources, and regulatory insights to fast-track Ascentage Pharma Group's innovative therapies for hematologic malignancies, enhancing development timelines and commercialization potential.

**MWN-AI FAQ is based on asking OpenAI questions about Ascentage Pharma Group International (NASDAQ: AAPG).

Ascentage Pharma Group International

NASDAQ: AAPG

AAPG Trading

-2.22% G/L:

$22 Last:

715 Volume:

$22.50 Open:

mwn-link-x Ad 300

AAPG Latest News

AAPG Stock Data

$2,089,599,480
56,593,319
N/A
3
N/A
Biotechnology & Life Sciences
Healthcare
CN
Suzhou

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App