CANWELL Phrama Receives U.S. FDA Orphan Drug Designation for CAN1012 in the Treatment of Soft Tissue Sarcoma

GUANGZHOU, China – March 3, 2026 – CANWELL Phrama today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) to CAN1012, the company’s proprietary IFNα-biased TLR7 agonist, for the treatment of Soft Tissue Sarcoma (STS). This designation represents a significant milestone in CANWELL Phrama’s global strategic roadmap, validating the clinical potential of CAN1012 in addressing high unmet medical needs within the field of refractory oncology.

 

  • About CAN1012

CAN1012 is a Class I innovative small-molecule Toll-like receptor 7 (TLR7) selective agonist independently developed by CANWELL Phrama with full global intellectual property rights. Distinguished as the only TLR7 agonist in its class globally capable of biased induction of IFNα, CAN1012 specifically recognizes TLR7 to trigger robust IFNα production while maintaining minimal pro-inflammatory cytokine responses (such as IL-6). This unique profile results in high efficacy paired with low toxicity. The candidate is currently in Phase II clinical development.

At the 2025 European Society for Medical Oncology (ESMO) Annual Meeting, CANWELL Phrama presented preliminary data from a Phase Ib/II trial evaluating CAN1012 in combination with toripalimab for advanced solid tumors:

  • Dedifferentiated Liposarcoma (DDLPS): In evaluable patients, the combination therapy achieved an Objective Response Rate (ORR) of 25%, significantly outperforming the current standard-of-care chemotherapy (doxorubicin monotherapy ORR is typically ~2.9%). Given that DDLPS is traditionally insensitive to radiotherapy and chemotherapy, these results suggest CAN1012 could provide a breakthrough for this patient population.
  • PD-1 Refractory Melanoma: In evaluable patients with advanced melanoma who progressed after PD-1 inhibitor therapy, the combination achieved an ORR of 37.5% and a Disease Control Rate (DCR) of 100%. This indicates CAN1012’s potential to reverse PD-1 resistance.
  • Safety Profile: The incidence of Grade 3 Treatment-Related Adverse Events (TRAEs) was only 3.5%, with no reported Grade 4/5 TRAEs, Cytokine Release Syndrome (CRS), or Dose-Limiting Toxicities (DLTs).

 

  • About Soft Tissue Sarcoma (STS)

Soft Tissue Sarcoma is a group of malignant tumors originating from connective tissues—including fat, muscle, nerves, and blood vessels—encompassing over 70 subtypes. According to the American Cancer Society, approximately 13,520 new cases and 5,410 deaths were projected in the U.S. in 2025. While STS accounts for 1% of adult malignancies, it represents up to 15% of pediatric cancers. Due to its high heterogeneity and risk of recurrence, patients with advanced STS face limited therapeutic options and poor prognoses.

The FDA Orphan Drug Designation will accelerate the clinical development and regulatory process of CAN1012 in the United States, offering renewed hope to patients worldwide.

  • About FDA Orphan Drug Designation

The FDA’s Orphan Drug Act provides incentives to encourage the development of drugs for rare diseases affecting fewer than 200,000 people in the U.S. Benefits include federal tax credits for clinical research costs, waivers of PDUFA application fees, and seven years of market exclusivity upon regulatory approval.

 

About CANWELL Phrama

CANWELL Phrama is a clinical-stage biopharmaceutical company dedicated to developing First-in-Class (FIC) and Best-in-Class (BIC) cancer immunotherapies. Led by a founding team with extensive global R&D and executive experience at multinational pharmaceutical companies, the firm focuses on clinical value and patient outcomes.

CANWELL Phrama has established two core technology platforms: a Multi-payload ADC (Antibody-Drug Conjugate) platform and an SMDC (Small Molecule Drug Conjugate) platform. Leveraging these technologies, the company has built a robust pipeline of innovative immuno-oncology and targeted therapies, several of which have progressed into clinical trials.

A novel Dual-payload HER2 Targeted ADC, CAN016 as a Clinical Candidate to Overcome Enhertu Resistance

Resistance to ADC Enhertu (DS-8201) therapy presents a significant clinical challenge for patients with HER2-positive cancers. To address this unmet need, we have developed a novel dual-payload ADC (CAN016), conjugating both MMAE and exatecan to a HER2 antibody, based on our proprietary StarLinkerTM multi-payload technology. This dual payload ADC has demonstrated great in vitro and in vivo efficacy against Enhertu-resistant cell lines, including Enhertu resistant CDX and PDX tumor models. Furthermore, CAN016 has exhibited excellent DMPK and safety profiles in non-human primates with a high HNSTD in the GLP tox study. The CMC manufacturing process has been successfully established and validated. CAN016 is at a stage of IND filling (US & China).

CanWell Pharma Announces Participation in the 44th Annual J.P. Morgan Healthcare Conference

SAN FRANCISCO, CA – CanWell Pharma is pleased to announce its participation in the 44th Annual J.P. Morgan Healthcare Conference (JPM 2026), taking place from January 12–15, 2026, at the Westin St. Francis Hotel in San Francisco.

As one of the world’s most prestigious healthcare investment symposiums, JPM 2026 will host over 8,000 global leaders, including senior executives from premier biotechnology firms and top-tier institutional investors. This year’s conference is set to highlight pivotal advancements in AI-driven drug discovery, cell and gene therapies (CGT), and the evolving landscape of global mergers and acquisitions (M&A).

CanWell Pharma intends to utilize this premier platform to engage with international partners and the investment community. The company will showcase its latest technological milestones, innovative pipeline, and long-term commitment to advancing global healthcare through strategic collaboration.

“Our participation in JPM 2026 represents a significant step in our international trajectory,” the company stated. “We look forward to fostering the partnerships necessary to accelerate the delivery of transformative therapies to patients worldwide.”

Preliminary Results of CanWell’s CAN1012 (an IFNα-biased TLR7 Agonist) in Combination with Toripalimab was Presented at ESMO 2025

The 2025 European Society for Medical Oncology (ESMO) Annual Congress was held in Oct 17-19, Berlin, Germany. CanWell presented preliminary safety and efficacy data from its Phase 1b/2a clinical trial of CAN1012, a first-in-class IFNα-biased TLR7 agonist, in combination with toripalimab for advanced solid tumors, in a poster presentation format.

 

  • CAN1012 is an IFNα-biased TLR7 agonist

CAN1012 preferentially inducing IFN-α but inducing minimal pro-inflammatory cytokines such as IL-6, contributing to the favorable safety profile.

 

  • CAN1012 plus toripalimab demonstrates superior safety

Among enrolled subjects, Grade 3 treatment-related adverse events (TRAEs) occurred in only 3.5% (with no Grade >3 TRAEs), and all other adverse events were mild (Grade 1–2). No cytokine release syndrome (CRS) or DLT events were observed,

 

  • CAN1012 plus toripalimab may address unmet needs in PD-1-resistant advanced melanoma

In patients with advanced melanoma who relapsed or metastasized after PD-1 inhibitor treatment, the combination therapy achieved an objective response rate (ORR) of 37.5% and a disease control rate (DCR) of 100%.

 

  • CAN1012 plus toripalimab could become a first-line option for dedifferentiated liposarcoma (DDLPS), addressing a lack of effective therapies

In patients with DDLPS, the combination therapy yielded an ORR of 25%, significantly higher than the ORR of doxorubicin monotherapy (2.9%) – the current treatment standard. Given that DDLPS is insensitive to conventional radiotherapy and chemotherapy, there is an urgent unmet clinical need.

 

The expansion part of the trial is on-going to generate additional data on safety and efficacy in DDLPS and melanoma.

CanWell will Present Latest ADC Program Updates at 16th World ADC in San Diego, CA (Nov 3-6, 2025)

CanWell Pharma will present its latest development progress at the 16th World ADC held on Nov 3-6, 2025, in San Diego, CA. The presentation will be in the form of a poster. The poster will cover the newest research and development updates on company StarLinker dual/tri-payload ADCs, which had made significant progress against tumor heterogeneity and overcoming drug resistance, while maintaining excellent tolerability in preclinical safety studies.

 

Date: Nov 3-6, 2025

Location: Town & Country San Diego, 500 Hotel Circle North, San Diego, CA, 92108, United States

CanWell will Present Clinical Updates on an IFN-α Biased TLR7 Agonist CAN1012 at ESMO 2025 – Annual Meeting (October 17-21, 2025)

CanWell Pharma will present latest updates on company clinical development of CAN1012 at ESMO 2025 – Annual Meeting held on October 17-21, 2025 in Berlin. The presentation will be in a poster format during a poster session at the conference. The poster covers newest clinical study updates on the safety and efficacy of our IFN-α biased TLR7 agonist CAN1012 alone or combined with an anti-PD-1 antibody toripalimab from Phase 1 and IIa.

 

Poster Title (5550): Efficacy of an IFN-α Biased TLR7 Agonist CAN1012 Alone or Combined With the Anti-PD-1 Antibody Toripalimab

Date: October 17-21, 2025

Location: Messe Berlin, Berlin, Germany

CanWell will attend ADC & Novel Conjugates Partnering & Investment Summit (September 9-10, 2025)

CanWell Pharma will update company’s ADC programs at ADC & Novel Conjugates Partnering & Investment Summit held on September 9-10, 2025 in Boston. It covers newest research updates on StarLinker dual/tri-payload ADCs, which had been making tremendous progress in preclinical efficacy studies overcoming tumor heterogeneity and drug resistance, while maintaining excellent tolerability in preclinical safety studies.

 

Date: September 9-10, 2025

Location: Hyatt Regency Boston, One Avenue de Lafayette, Boston, MA 02111, United States

CanWell Pharma will Present Research Developments at The Society for Immunotherapy of Cancer (SITC) Annual Meeting

CanWell Pharma will present the latest research developments at the 39th of The Society for Immunotherapy of Cancer (SITC) Annual Meeting held on Nov6-10, 2024 in Houston, TX. The research developments are from its two different studies and will be conducted on the following two posters:

Date: Nov8, 2024

Location: Exhibit Halls A B George R. Brown Convention Center

Poster 1 (No. 689)

Results From A Phase I Dose Escalation Trial of CAN1012 in Patients With Solid Tumors

Poster 2 (No. 1345)

CAN2109: Preclinical Development of A Novel Long-Acting Immunogenic Cell Death (ICD) Inducer for Cancer Therapy