Mustbio to Present Preclinical Data on ‘PD-1/VEGF/IL-2v’ Tri-Specific Fusion Protein at AACR (Biospectator 2025.04.21)
- Date2025-04-22
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[AACR 2025 Abstract] Enhanced Efficacy of a
Tri-Specific Fusion Protein Compared to PD-1/VEGF Bispecific Antibody in Immune
Checkpoint Inhibitor-Resistant Tumor Models

Mustbio announced that it will present preclinical
data on its novel PD-1/VEGF/IL-2v tri-specific fusion protein at the upcoming
American Association for Cancer Research (AACR) Annual Meeting 2025, which will
be held from April 25 to 30 in Chicago, USA.
The PD-1/VEGF/IL-2v tri-specific fusion protein is
currently at the candidate selection stage, with cell line development planned
for the second half of this year. The company aims to initiate GLP-compliant
toxicology studies in 2026.
In recent years, bispecific antibodies targeting
PD-(L)1 and VEGF have drawn attention as a new therapeutic class, showing
improved efficacy over anti-PD-1 monotherapy. Summit Therapeutics helped lead
this trend by reporting that its PD-1xVEGF bispecific antibody, ivonescimab,
extended progression-free survival (PFS) compared to Keytruda in a Phase
3 non-small cell lung cancer trial. Other players in the field include BioNTech
and Merck (MSD).
Maengsub Kim, CEO of Mustbio, stated, “Although multiple PD-(L)1xVEGF bispecific antibodies are under development globally, their dual mechanism alone may not be sufficient to overcome immune checkpoint inhibitor resistance. We believe a tri-specific approach incorporating an IL-2 variant (IL-2v), which robustly expands activated immune cells, could offer a novel solution with significant clinical potential.
Mustbio’s tri-specific fusion protein is designed to simultaneously:
• activate T cells via PD-1 blockade,
• increase tumor-infiltrating lymphocytes (TILs) through VEGF inhibition, and
• enhance the proliferation of effector T cells via IL-2v signaling.
At AACR 2025, Mustbio plans to present in vitro MOA data as well as preclinical results from immune checkpoint inhibitor-resistant tumor models (MC38, B16F10), comparing TIL expansion and tumor growth inhibition against PD-1 monotherapy and PD-1xVEGF bispecific antibodies. According to the company, the tri-specific fusion protein has demonstrated a favorable safety profile to date.
Mustbio is developing next-generation multi-specific
antibody therapeutics based on its proprietary platforms: the BICSTA
multi-antibody platform and STARKINE, a tunable cytokine engineering
technology.