BridgeBio Announces Preclinical Data for BBO-11818
BridgeBio Oncology Therapeutics announced the publication of preclinical data describing the discovery and characterization of BBO-11818, a panKRAS inhibitor targeting KRAS in both the ON and OFF states, with significant therapeutic potential for patients with KRAS mutant cancers. The publication, titled "Discovery of BBO-11818, a Potent and Selective Non-covalent Inhibitor of (ON) and (OFF) KRAS with Activity Against Multiple Oncogenic Mutants" was published in the peer-reviewed journal Cancer Discovery, a journal of the American Association for Cancer Research's. The preclinical findings in this publication highlight the key properties BBO-11818 and its potential to address critical limitations associated with other compounds targeting mutant KRAS. Unlike several existing inhibitors that primarily target the inactive GDP-bound state, BBO-11818 potently binds and inhibits KRAS in both its ON and OFF states, as demonstrated through structural analysis, surface plasmon resonance, and functional assays. By targeting the active state of KRAS, BBO-11818 may overcome a critical resistance mechanism observed with current KRAS inhibitors, in which tumors upregulate KRAS expression or activate upstream signaling to sustain pathway activation. Data demonstrate potent activity against multiple clinically relevant KRAS mutants, including KRASG12D, KRASG12V, and KRASG12C, with high selectivity for KRAS, exhibiting greater than500-fold selectivity over other RAS isoforms. BBO-11818's activity across a broad range of KRAS mutants is designed to help prevent the emergence of resistance driven by secondary activating KRAS mutations that can limit the efficacy of allele-specific inhibitors. In addition, its high specificity for KRAS may support improved tolerability and greater potential for combination with other therapeutic agents. Monotherapy studies show robust anti-tumor activity across multiple in vitro and in vivo models of KRAS mutant solid tumors, including colorectal, pancreatic, and lung cancers. BBO-11818 also demonstrated strong combination potential with immune checkpoint inhibitors, anti-EGFR antibodies, and BBO-10203, the company's RAS:PI3Kalpha breaker compound. BBO-11818 is currently being evaluated in the Phase 1 KONQUER-101 trial in subjects with locally advanced unresectable or metastatic KRAS mutant solid tumors. Initial Phase 1 monotherapy data were announced in January 2026, demonstrating encouraging early anti-tumor activity across dose levels and tumor types, including a confirmed partial response in a patient with pancreatic ductal adenocarcinoma with a 56% tumor reduction. The company plans to provide additional data updates in the second half of 2026 and to study the combination of BBO-11818 with BBO-10203 later in 2026. The discovery and preclinical characterization of BBO-11818 is the result of a collaborative effort between BBOT, the RAS Initiative at Frederick National Laboratory, and Lawrence Livermore National Laboratory.
Trade with 70% Backtested Accuracy
Analyst Views on BBOT
About BBOT
About the author

- Preclinical Data Release: BridgeBio Oncology Therapeutics (BBOT) published preclinical data on BBO-11818, demonstrating significant tumor growth inhibition in KRAS mutant models, particularly against KRASG12D and KRASG12V mutations, indicating its potential therapeutic value for KRAS-driven tumors.
- Combination Therapy Potential: BBO-11818 shows enhanced efficacy when used in combination with other anti-tumor agents, such as BBO-10203, suggesting its importance in future treatment regimens and the potential to reshape existing treatment landscapes.
- Clinical Trial Progress: Initial data from the KONQUER-101 trial indicate promising anti-tumor activity across various tumor types, including a 56% tumor reduction in a pancreatic cancer patient, with additional data expected in the second half of 2026.
- Selectivity and Resistance: BBO-11818 exhibits over 500-fold selectivity for KRAS compared to other RAS isoforms, highlighting its potential to overcome resistance mechanisms associated with existing KRAS inhibitors, potentially offering better tolerability and therapeutic outcomes for patients.
- Financial Performance: BridgeBio Oncology reported a GAAP EPS of -$0.49 for Q4 2025, indicating challenges in profitability; however, with cash and equivalents totaling $425.5 million, the company expects to sustain operations into 2028.
- R&D Expense Increase: R&D expenses surged to $38.1 million in Q4 2025 from $19.5 million in Q4 2024, primarily driven by rising clinical trial and manufacturing costs for BBO-8520, BBO-11818, and BBO-10203, reflecting the company's commitment to drug development.
- Administrative Costs Rise: General and administrative expenses reached $5.3 million in Q4 2025, up from $2.3 million in Q4 2024, indicating adjustments related to BBOT's standalone operations and the initiation of its de-SPAC transaction.
- Net Loss Widening: The net loss for Q4 2025 was $38.8 million, nearly doubling from $19.7 million in Q4 2024, highlighting the financial pressures faced by the company as it expands its R&D and operational activities.
- Kingsoft Cloud Upgrade: Goldman Sachs upgrades Kingsoft Cloud (KC) from Neutral to Buy, citing the company's potential as a key beneficiary of Xiaomi's increased AI investments, which support its ambition to integrate AI with the physical world.
- BridgeBio Initiation: Stifel initiates coverage of BridgeBio Oncology Therapeutics (BBOT) with a Buy rating and a $23 target price, indicating that the biotech company has significant room for growth in its stock price.
- Energy Fuels Upgrade: Goldman Sachs upgrades Energy Fuels (UUUU) to Buy, highlighting its ownership of the highest-grade uranium deposit in the U.S. and the White Mesa Mill, which provides a competitive edge as the only facility capable of processing both uranium and rare earth elements.
- James Hardie Upgrade: JPMorgan upgrades James Hardie Industries to Overweight from Neutral, noting that the outlook for U.S. residential new construction is in the early stages of recovery, and the stock trades at a discount to their blended price target, making it an attractive investment opportunity.

- Leadership Participation: BridgeBio Oncology Therapeutics will present at the 44th J.P. Morgan Healthcare Conference on January 12, 2026, at 5:15 p.m. PT, showcasing advancements in its RAS-pathway malignancy therapeutics, aimed at enhancing investor interest in the company's research direction.
- Live Webcast Availability: The presentation will be accessible via a live webcast on BBOT's website, with a replay available for at least 90 days post-event, ensuring that investors unable to attend in real-time can still access critical information.
- Company Background: BridgeBio is a clinical-stage biopharmaceutical company focused on advancing novel small molecule therapeutics targeting RAS and PI3Kα malignancies, with the goal of improving outcomes for patients with cancers driven by these two prevalent oncogenes.
- Market Potential: By presenting its research advancements at a key healthcare conference, BridgeBio not only attracts potential investors' attention but also strengthens its position in the competitive biopharmaceutical market, further propelling the clinical development of its innovative drugs.

- Leadership Participation: BridgeBio Oncology's leadership team will present at the 44th J.P. Morgan Healthcare Conference on January 12, 2026, at 5:15 p.m. PT, showcasing advancements in their RAS-pathway malignancies research, aimed at enhancing investor interest in the company's development direction.
- Webcast Availability: The presentation will be live-streamed on BBOT's website under the 'Events' section, with a replay available for at least 90 days post-event, ensuring that investors unable to attend live can still access critical information, thereby enhancing transparency.
- Clinical Stage Drug Development: BBOT focuses on advancing small molecule therapeutics targeting RAS and PI3Kα malignancies, aiming to improve outcomes for patients with cancers driven by these two prevalent oncogenes, demonstrating the company's potential in cancer treatment.
- Investor Relations Enhancement: By participating in key healthcare conferences and providing online replays, BBOT not only strengthens its engagement with investors but also potentially attracts more funding focused on its innovative drug development, further propelling the company's growth in the biopharmaceutical sector.
- Employee Incentive Plan: On December 10, 2025, BridgeBio awarded a new employee 53,060 non-qualified stock options at an exercise price of $12.88 per share under its 2025 Inducement Plan, aimed at attracting and retaining key talent to drive company growth.
- Equity Incentive Structure: The stock options will vest 1/4 on the employee's first anniversary and in 36 equal monthly installments thereafter, ensuring continued service and contribution, which enhances team stability and execution capabilities.
- Compliance Assurance: All stock options were granted outside of BBOT's stockholder-approved equity incentive plans, in accordance with Nasdaq Listing Rule 5635(c)(4), demonstrating the company's commitment to compliance and transparency in talent acquisition.
- Strategic Company Positioning: As a clinical-stage biopharmaceutical company focused on RAS-pathway malignancies, BridgeBio aims to enhance the professionalism and innovation of its R&D team through such incentives, accelerating the development and market introduction of new therapeutics.








