MB-388 Enters Clinic Behind AC484 With No Efficacy Precedent to Anchor
Clinical Trial Updates

MB-388 Enters Clinic Behind AC484 With No Efficacy Precedent to Anchor

Published : 07 Nov 2026

The Overview
Mondego Bio has initiated a first-in-human Phase Ia clinical trial for MB-388, an oral dual protein tyrosine phosphatase non-receptor type (PTPN2/PTPN1) inhibitor designed to overcome resistance to cancer immunotherapy. This placebo-controlled, randomised, double-blind study is evaluating single and multiple ascending doses in healthy volunteers to assess safety, tolerability, pharmacokinetics, and target engagement. Initial human pharmacokinetic and pharmacodynamic results are anticipated in December 2026.
Knolens Analysis

Mondego Bio has moved a second oral dual PTPN2/PTPN1 inhibitor into humans behind first-in-class ABBV-CLS-484, which remains in Phase 1 under NCT04777994 with only preclinical interferon-JAK-STAT amplification and anti-tumour immunity in PD-1 blockade-resistant mouse models disclosed. [1] Convergent genetic ablation work showing enhanced Type I and II interferon signaling, MHC-I and CXCL9 expression, and sensitization to cytotoxic T lymphocyte killing supports the dual-inhibition rationale, but no peer has patient response, progression, or survival data. [2] Mechanistically distinct checkpoint precedents such as pembrolizumab with accelerated FDA approval in 2017 for MSI-H/dMMR solid tumors and dostarlimab-gxly with accelerated approval in dMMR tumors illustrate biomarker-enriched ORR/DOR/PFS expectations, yet they fail mechanistic fit for phosphatase inhibition and cannot anchor probability. [3] No pricing, ICER, or HTA precedent exists for PTPN2/PTPN1 inhibition, leaving value tied entirely to future proof of overcoming immunotherapy resistance in advanced solid tumours. Regulatory path therefore defaults to standard oncology dose-finding followed by PD-1 combination trials, given PTPN1/2 inhibition concomitantly increases PD-L1 expression as a therapeutic bottleneck. [2] The current placebo-controlled randomised double-blind single and multiple ascending dose study in healthy volunteers tests only safety, tolerability, pharmacokinetics and target engagement, with initial results anticipated in December 2026, providing no tumour-compartment signal and no closely comparable precedent exists to judge success. [4]

Phase Ia SAD/MAD in healthy volunteers only, with PK/PD due December 2026 and no ORR, PFS, OS or patient safety to support efficacy conclusions.

At a Glance
IndicationAdvanced solid tumours
DrugMB-388
Mechanism of Actiondual protein tyrosine phosphatase non-receptor type (PTPN2/PTPN1) inhibitor
CompanyMondego Bio
Trial PhasePhase Ia
CategoryClinical Trial Event
Sub CategoryTrial Initiation / First Patient In (FPI)
Therapeutic AreaOncology
Patient Population (Phase Ia)Healthy volunteers
Patient Population (Phase Ib)Patients with advanced solid tumours who progressed during or after standard treatment, including checkpoint inhibitors
Combination PartnerProgrammed cell death ligand 1 (PD-(L)1) blockade, anti-PD-1 therapy
Expected Phase Ia Results DateDecember 2026
Planned Phase Ib Start DateJanuary 2027
Expected Combination Readout DateDecember 2027
BiomarkersBlood-based pharmacodynamic biomarkers, intratumoral cluster of differentiation 8 (CD8)-positive T cells, granzyme B
Preclinical ComparatorOsunprotafib
Company HeadquartersPortugal
Founding InvestorsBiovance Capital, OrbiMed, Torrey Pines Investment, Fundo de Capital e Quase Capital

Mondego Bio Initiates Phase Ia Trial for Oral Cancer Immunotherapy MB-388

Mondego Bio has initiated a first-in-human Phase Ia clinical trial for MB-388, an oral dual protein tyrosine phosphatase non-receptor type (PTPN2/PTPN1) inhibitor designed to overcome resistance to cancer immunotherapy. This placebo-controlled, randomised, double-blind study is evaluating single and multiple ascending doses in healthy volunteers to assess safety, tolerability, pharmacokinetics, and target engagement. Initial human pharmacokinetic and pharmacodynamic results are anticipated in December 2026.

  • Future Clinical Development Plan: Following the Phase Ia results, Mondego Bio plans to commence a Phase Ib trial in January 2027 for patients with advanced solid tumors, including those who have progressed on checkpoint inhibitors. This subsequent trial will feature a combination arm with programmed cell death ligand 1 (PD-(L)1) blockade, with readout from combination dose escalation expected in December 2027.
  • Mechanism of Action and Preclinical Efficacy: MB-388 functions as a dual protein tyrosine phosphatase non-receptor type (PTPN2/PTPN1) inhibitor, acting in both tumor and immune cells to enhance interferon-gamma signaling and antigen presentation. Preclinical studies demonstrated its activity as a single agent and in combination with anti-PD-1 therapy, increasing intratumoral CD8-positive T cells and granzyme B, suggesting its potential to overcome immunotherapy resistance.
  • Pharmacokinetic Profile and Competitive Advantage: Preclinical comparisons showed MB-388 to have superior oral exposure, longer target coverage, and a substantially higher unbound fraction in human plasma compared to osunprotafib, another clinical-stage PTPN2/PTPN1 inhibitor. This improved pharmacokinetic profile aims to provide a competitive advantage in its therapeutic application.

PTPN2/PTPN1 Inhibition: An Emerging Strategy in Advanced Solid Tumors

Recent literature describes next-generation immune-based mechanisms aimed at reversing tumor microenvironment-driven immunosuppression in solid tumors. These approaches combine precise tumor recognition with localized or intrinsic checkpoint disruption to enhance T-cell persistence, proliferative capacity, and cytotoxic function.

  • LAG-3-resistant CAR T cells for breast cancer: two complementary bioengineering strategies are described as (1) armored CAR T cells engineered to secrete anti-LAG-3 antibody fragments locally within the TME, and (2) CAR T cells modified to express dominant-negative LAG-3 receptors or with LAG-3 genetically ablated, conferring intrinsic resistance to this inhibitory axis upon engagement with ligands such as MHC class II.

  • PD-1/CTLA-4 bispecific antibody plus chemotherapy: cadonilimab (10 mg/kg) and chemotherapy (docetaxel, 75 mg/m2 plus cisplatin, 60 mg/m2) every 3 weeks for three cycles in locally advanced, resectable head and neck squamous cell carcinoma showed ORR was 83.3%, DCR was 100.0%, MPR rate was 76.7% and PCR rate was 50.0%, with Grade 3 TRAEs reported in 7 (23.3%) patients.

  • PD-1-CD28-enhanced receptor plus CD19 CAR-modified TILs: S-TILs (TILs modified through transduction with a plasmid encoding the PD-1-CD28-T2A-CD19 CAR) were evaluated in vivo, with PD-1-CD28-TCR-T cells showing anti-tumor ability that was not subject to PD-1/PD-L1 signaling, and CD19 CAR-TCR-T cells stimulated with CD19 B cells exhibiting expansion and anti-tumor abilities; three patients with refractory solid tumors received S-TILs infusion with one melanoma partial response and two colon or kidney cancer long-term stable disease.

  • Microenvironment-responsive PD-L1 x CD3 engager: Protease-Activated PSTAGylated BiTE, named PAPB, includes a shielding polypeptide domain (PSTAG), a protease-activated linker, and a BiTE core consisting of two scFvs targeting PD-L1 and CD3, releasing BiTE core in response to MMP2 in the tumor microenvironment; plasma half-life in mice was prolonged from 2.46 h to 6.34 h of the BiTE core, with increased infiltration of T lymphocytes in A375 melanoma xenografts.

  • Cytotoxic lymphocyte-related targets including PTPN2 and LDHA in glioblastoma: a three-gene prognostic index (CTLsTKPI: LDHA, TNIP1, PTPN2) via Cox and LASSO stratified survival with AUCs 0.694/0.656/0.819 at 1/2/3 years, high CTLsTKPI aligned with checkpoint pathway activation, Treg/macrophage enrichment and reduced activated NK/CD8 T cells, and LDHA inhibition (GNE-140) synergised with PD-1 blockade to reduce tumour burden and prolong survival.

Addressing Unmet Needs in Advanced Solid Tumors with MB-388

Recent literature highlights targeting of molecularly defined and treatment-refractory advanced solid tumours with limited options after standard therapy. Focus has centered on extending effective therapies beyond traditional HER2-positive or biomarker-unselected populations to HER2-low, rare genomic drivers, and CNS-involved disease.

  • HER2-low and HER2-altered disease: Median incidences of HER2-low were 52%, 16%, 58%, and 17% in breast, gastro-oesophageal, endometrial, and ovarian cancers, respectively, with unknown incidences in lung and cervical cancers. Trastuzumab deruxtecan improves survival in both HER2-positive and HER2-low breast cancer patients, improves survival in HER2-positive gastro-oesophageal cancer and elicits objective responses in HER2-low tumours, with responses also noted in lung and gynaecological cancers with HER2 expression. Trastuzumab deruxtecan received regulatory approval as the first targeted therapy for pre-treated, HER2-mutant, advanced NSCLC patients based on DESTINY-Lung01 and DESTINY-Lung02 trials, and received accelerated approval for advanced, pre-treated HER2-positive solid tumours with no other treatment options.

  • CLDN18.2-positive advanced gastric or gastro-oesophageal junction cancer: Patients with CLDN18.2-positive (immunohistochemistry expression intensity ≥2+ and positive tumour cells ≥40%) advanced gastric or gastro-oesophageal junction cancer, who were refractory to at least two previous lines of treatment, were targeted with satricabtagene autoleucel (satri-cel; also known as CT041) versus treatment of physician's choice. Median progression-free survival was 3·25 months (95% CI 2·86-4·53) in the satri-cel group and 1·77 months (1·61-2·04) in the TPC group (hazard ratio 0·37 [95% CI 0·24-0·56]; one-sided log-rank p<0·0001). CMG901, a humanised anticlaudin 18.2 antibody linked to microtubule-disrupting agent monomethyl auristatin E, showed confirmed objective response rate of 28% (95% CI 20-38; 32 of 113 patients) in gastric or gastro-oesophageal junction cancer.

  • Microsatellite instability-high / mismatch repair-deficient and PD-L1-high tumours: Cohorts with microsatellite instability-high (MSI-H) tumours (n=41) and non-small cell lung cancer with high programmed death-ligand 1 expression (NSCLC/PDL1-H, tumour proportion score ≥50%) (n=13) were evaluated with AMG 404, with objective response rate (80% CI) of 36.6% (26.4-47.8) and 30.8% (14.2-52.3), respectively. In MSI/dMMR advanced pancreatic ductal adenocarcinoma, 15 (48.4%) had an objective response and median progression-free survival (PFS) was 26.7 months.

  • KRAS G12C, NTRK fusions, and TROP2-directed approaches: Adagrasib received first approval in the USA for adults with KRAS G12C-mutated locally advanced or metastatic NSCLC who have received ≥ 1 prior systemic therapy. NTRK fusions were detected in 0.71% (n = 12) of 1,687 patients, with larotrectinib and entrectinib approved as tumour-agnostic therapies for solid tumours harbouring NTRK fusions. Datopotamab deruxtecan, a trophoblast cell surface antigen 2 (TROP2)-directed antibody-drug conjugate, was approved for adult patients with unresectable or metastatic HR positive, HER2 negative breast cancer, while TROP2 is elevated during colorectal cancer metastatic process with high levels in liver metastases predicting increased post-therapy recurrence.

  • CNS involvement and immunotherapy-refractory gastrointestinal cancers: Leptomeningeal disease (LMD) with approximately 10-15% of patients with advanced malignant melanoma developing LMD, and brain metastases with median Overall Survival (OS) from BM diagnosis of 3 months (range: 0-127) in genito-urinary cancers and median OS from the diagnosis of brain metastases of 11.35 months across solid tumours. Metastatic gastrointestinal epithelial cancers with progressive disease following at least one first line standard therapy, including microsatellite-instability-high colorectal cancer refractory to anti-PD1/CTLA-4 therapies, were targeted with neoantigen-reactive CISH-knockout tumour infiltrating lymphocytes, with one complete and ongoing response (>21 months).

Frequently Asked Questions

What is the proposed mechanism of action for MB-388 in advanced solid tumours?
MB-388 is designed to exert its therapeutic effect by targeting a specific molecular pathway critical for the proliferation and survival of cancer cells in advanced solid tumours. This targeted approach aims to disrupt key cellular processes, leading to tumour growth inhibition and potentially inducing apoptosis. Understanding its precise mechanism is crucial for identifying responsive patient populations and potential combination strategies.
Which patient populations are most likely to benefit from MB-388 therapy for advanced solid tumours?
Optimal patient selection for MB-388 therapy in advanced solid tumours is anticipated to be guided by specific biomarkers or genetic alterations within the tumour. Patients whose tumours exhibit these characteristics are hypothesized to derive the greatest clinical benefit from treatment. Further stratification may consider tumour histology, prior treatment lines, and overall disease burden.
What are the common safety considerations for MB-388 in advanced solid tumour treatment?
As with many novel oncology agents, common safety considerations for MB-388 may include a range of adverse events such as gastrointestinal disturbances, dermatological reactions, or hematologic changes. Close monitoring for specific toxicities related to its mechanism of action is essential for patient management. Proactive supportive care strategies are often implemented to mitigate potential side effects and maintain patient quality of life.
How might MB-388 integrate into current treatment paradigms for advanced solid tumours?
MB-388 holds potential to integrate into existing advanced solid tumour treatment paradigms either as a monotherapy or in combination with established standards of care. Its unique mechanism of action could position it for patients who have progressed on prior therapies or as an upfront option in biomarker-selected populations. The ultimate placement will depend on its demonstrated efficacy and safety profile relative to current therapeutic options.

References

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