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Press releaseGlobeNewswire· May 21, 2026

Crescent Biopharma Announces Trial in Progress Presentation for ASCEND Study of CR-001, a PD-1 x VEGF Bispecific Antibody, at Upcoming American Society of Clinical Oncology (ASCO) 2026 Annual Meeting

View original at globenewswire.com
Crescent Biopharma Announces Trial in Progress Presentation for ASCEND Study of CR-001, a PD-1 x VEGF Bispecific Antibody, at Upcoming American Society of Clinical Oncology (ASCO) 2026 Annual Meeting ASCEND Phase 1/2 global clinical trial evaluating CR-001 in multiple solid tumor types, including NSCLC, gastrointestina…
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  • Development strategy combining ASCEND and planned ADC combination studies is intended to rapidly expand understanding of CR-001 across multiple solid tumor types, beginning with initial data expected in Q1 2027

    60% confidence
  • Proof-of-concept clinical data from ASCEND including initial safety, pharmacokinetics, pharmacodynamics, and preliminary antitumor activity from dose escalation and backfill cohorts anticipated in Q1 2027

    60% confidence
  • CR-001 is designed to serve as an immuno-oncology backbone and best-in-class PD-1 x VEGF bispecific antibody for people living with cancer

    60% confidence
  • The first Phase 1/2 ADC combination trial with CR-001 is expected to initiate in the second half of 2026

    60% confidence
  • Strong global investigator engagement in ASCEND underscores the unmet need in cancer treatment and the study's efficient design to evaluate CR-001 as monotherapy and in combination with standard-of-care therapies

    60% confidence
  • Initial data from Phase 1/2 trial in China of CR-001 in combination with a Kelun-Biotech ADC anticipated in mid-2027 (Q2/Q3)

    60% confidence
  • In preclinical studies, CR-001 demonstrated cooperative pharmacology with increased binding to PD-1 and signal blockade in the presence of VEGF, as well as robust antitumor activity

    60% confidence
  • Initial data of CR-001 in combination with standard of care chemotherapy from ASCEND dose expansion cohorts anticipated in mid-2027 (Q2/Q3)

    60% confidence
  • Kelun-Biotech plans to initiate a Phase 1/2 trial of CR-001 (SKB118) in China in the first half of 2026

    60% confidence
  • ASCEND trial is expected to enroll up to 290 patients across dose-escalation, backfill, and dose-optimization cohorts at centers in the United States, Europe, and Asia Pacific

    60% confidence
  • CR-001's anti-VEGF activity may normalize the vasculature at the tumor site, potentially improving the localization and effectiveness of combination therapies such as ADCs

    60% confidence

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ESMO 2026 Oncology Data Wave Builds Toward Ivonescimab PDUFA, While Micro-Cap Biotech Exits the Market
Late October 2026 is a dense catalyst window led by ESMO 2026. Daiichi Sankyo's DXd antibody-drug conjugate (ADC) programs (DESTINY-Lung04, DESTINY-Breast11, REJOICE-Ovarian01/02, TUXEDO-3), Guardant's 25 abstracts and the PACE-LUNG ctDNA trial all report there. These feed into the FDA's 14 November 2026 PDUFA date for ivonescimab. Large and mid-cap developers with late-stage data and commercial launches (ZEGFROVY, ANKTIVA, MIUDELLA, lorundrostat, duvakitug) are drawing capital and attention. Spago Nanomedical's board decision to seek a Nasdaq First North delisting (EGM 19 November, application 25 January 2027) shows the capital squeeze on early-stage, single-asset names (Tumorad is Phase I).
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High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Ford Motor Company
Both facts give cash for Ford Motor Company at the same point in time (2025-12-31; FY 2025 year-end and Q4 2025 year-end are the same date). Both are labelled USD, but the values are 23,356,000,000 and 23.356, which cannot both be true in USD. The two numbers agree once the second is read as billions (23.356 bn = 23,356,000,000), so the economic content is consistent and the conflict is a unit/scale error in the Q4 2025 record. The period is not the reason for the conflict: a Q4 and an FY figure at the same year-end date should match.
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