Company Overview: Propanc Biopharma, Inc. is a biopharmaceutical company focused on developing novel cancer treatments, particularly for recurring and metastatic cancers, with its lead asset "PRP" set to enter Phase 1B clinical trials in 2026.
Recent Developments: The company successfully completed an initial public offering, raising $4 million, and has begun trading on Nasdaq under the ticker symbol "PPCB," marking a significant milestone in its corporate development.
Clinical Development Plans: PRP, a mixture of proenzymes, aims to inhibit tumor growth and reprogram cancer cells, with plans to submit a clinical trial application by mid-2026 and potentially initiate two Phase 2 studies based on Phase 1 results.
Future Aspirations: Propanc has raised approximately $30 million since its inception and aims to pursue strategic collaborations to advance its assets, targeting a combined market size of $18.1 billion for pancreatic and ovarian cancers by 2029.
Propanc Biopharma, Inc. is an Australia-based biopharmaceutical company. The Company is focused on the development of novel cancer treatments for patients suffering from pancreatic, ovarian and colorectal cancers. The Company has developed a rational, composite formulation of anti-cancer compounds, which together exert a number of effects designed to control or prevent tumors from recurring and spreading through the body. Its lead product candidate, PRP, is a variation upon its formulation and involves pro-enzymes, the inactive precursors of enzymes. PRP is a long-term therapy based on pancreatic proenzyme formulation to prevent tumor recurrence and metastasis. PRP is a patented, formulation consisting of two proenzymes mixed in a synergetic ratio. PRP is in the preclinical phase of development. Its drug pipeline also includes POP1.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
