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Other Disclosures4575CanBas Co.,Ltd.Pharmaceuticals

Company Presentation Materials, May 2026, Updated to Reflect Third-Quarter Financial Results

The materials were updated to reflect the results for the third quarter of the fiscal year ending June 2026 and to explain to investors the progress of the major drug discovery pipelines, future development strategies, funding requirements and financial performance. Applications and preparations are underway to initiate a Phase 3 trial of CBP501 in Europe, although the timing of approval to begin the trial is uncertain.

Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
45
¥100 million (outlook for CBP501 Phase 3 clinical trial costs)
Wording
Avoiding a definitive answer
How definitive the wording is.

Announced details

CBP501CBT005CBS9106(Felezonexor)CBP-A08IDO/TDO dual inhibitor
Applicable field (uses covered by this announcement)

Third-line treatment for pancreatic cancer, other cancer immunotherapy indications, solid tumors and hematological cancers. Future expansion of CBP501's indications is also contemplated.

Contract DateThe CBS9106 out-licensing agreement was concluded in December 2014, and the territory was expanded in August 2018. The agreement was terminated in June 2025.
What the company reported numerically
Quantitative Effects

The primary endpoint of the 3-month progression-free survival rate was achieved in the Phase 2 clinical trial of CBP501.

Usage history

CBP501 achieved its primary endpoint in a Phase 2 clinical trial. CBS9106 completed a Phase 1 clinical trial.

Relationship between the counterparty and the company
CanBas Co.,Ltd.4575
Relationship with the Company

The licensing partnership with Stemline was terminated, and all rights relating to the development and commercialization of CBS9106 were returned to the Company in June 2025. The Company conducts joint research with the University of Shizuoka. The Company conducts joint research on AI-based drug discovery with INTAGE Healthcare.

CounterpartyStemlineShizuoka Prefectural UniversityINTAGE HealthcarePharma Valley CenterEuropean Medicines Agency (EMA)U.S. Food and Drug Administration (FDA)

Stemline is the partner for CBS9106. The University of Shizuoka is a joint research partner for the IDO/TDO dual inhibitor. INTAGE Healthcare is a joint research partner for AI-based drug discovery. Pharma Valley Center is involved in alliance activities. EMA and FDA are regulatory authorities. Other details are Not disclosed.

Award/certification name

CBP501 orphan drug designation

Awarding / certifying body

European regulatory authorities (EMA)

Registration number and expiry date

The materials refer to 10 years of exclusivity protection in Europe and 7 years in the United States in connection with the orphan drug designation. The registration number is Not disclosed.

Location (as indicated in this announcement)

2-2-1 Otemachi, Numazu, Shizuoka, Japan

19 employees (14 in research and development and 5 in administration).
Contract Value

Upfront payments for CBS9106 were ¥10 million in December 2014 and ¥5 million in August 2018. Technology advisory fees totaled ¥702 million from December 2014 through June 2021.

Offering price

The estimated monthly drug cost for CBP501 is approximately US$20,000 in the United States and €9,000–€10,000 in Europe. Both figures are estimates following commercialization.

Impact on Business Performance

No business revenue was recorded for the first 3 quarters of the fiscal year ending June 2026. The operating loss was ¥916 million, while the ordinary loss and net loss were each ¥873 million. The cost of the CBP501 Phase 3 clinical trial is expected to be ¥4.5–¥5.0 billion, creating short-term funding requirements.

Source (materials cited by the company)

European Journal of Cancer

European Society for Medical Oncology (ESMO)

GLOBOCAN2018(IARC)

ECIS European Cancer Information System Globocan 2022

NCCN Clinical Practice Guidelines in Oncology

The International Agency for Research on Cancer(IARC)

Announced details
ItemDetails
Names of Products / Services CoveredCBP501, CBT005, CBS9106(Felezonexor), CBP-A08, IDO/TDO dual inhibitor
CounterpartyStemline, Shizuoka Prefectural University, INTAGE Healthcare, Pharma Valley Center, European Medicines Agency (EMA), U.S. Food and Drug Administration (FDA)
Counterparty overviewStemline is the partner for CBS9106. The University of Shizuoka is a joint research partner for the IDO/TDO dual inhibitor. INTAGE Healthcare is a joint research partner for AI-based drug discovery. Pharma Valley Center is involved in alliance activities. EMA and FDA are regulatory authorities. Other details are Not disclosed.
Relationship with the CompanyThe licensing partnership with Stemline was terminated, and all rights relating to the development and commercialization of CBS9106 were returned to the Company in June 2025. The Company conducts joint research with the University of Shizuoka. The Company conducts joint research on AI-based drug discovery with INTAGE Healthcare.
Contract ValueUpfront payments for CBS9106 were ¥10 million in December 2014 and ¥5 million in August 2018. Technology advisory fees totaled ¥702 million from December 2014 through June 2021.
Offering priceThe estimated monthly drug cost for CBP501 is approximately US$20,000 in the United States and €9,000–€10,000 in Europe. Both figures are estimates following commercialization.
Contract DateThe CBS9106 out-licensing agreement was concluded in December 2014, and the territory was expanded in August 2018. The agreement was terminated in June 2025.
Applicable areaThird-line treatment for pancreatic cancer, other cancer immunotherapy indications, solid tumors and hematological cancers. Future expansion of CBP501's indications is also contemplated.
Award/certification nameCBP501 orphan drug designation
Awarding / certifying bodyEuropean regulatory authorities (EMA)
Registration number and expiry dateThe materials refer to 10 years of exclusivity protection in Europe and 7 years in the United States in connection with the orphan drug designation. The registration number is Not disclosed.
Location2-2-1 Otemachi, Numazu, Shizuoka, Japan
Location scale19 employees (14 in research and development and 5 in administration).
Quantitative EffectsThe primary endpoint of the 3-month progression-free survival rate was achieved in the Phase 2 clinical trial of CBP501.
Usage historyCBP501 achieved its primary endpoint in a Phase 2 clinical trial. CBS9106 completed a Phase 1 clinical trial.
Impact on Business PerformanceNo business revenue was recorded for the first 3 quarters of the fiscal year ending June 2026. The operating loss was ¥916 million, while the ordinary loss and net loss were each ¥873 million. The cost of the CBP501 Phase 3 clinical trial is expected to be ¥4.5–¥5.0 billion, creating short-term funding requirements.
SourceEuropean Journal of Cancer, European Society for Medical Oncology (ESMO), GLOBOCAN2018(IARC), ECIS European Cancer Information System Globocan 2022, NCCN Clinical Practice Guidelines in Oncology, The International Agency for Research on Cancer(IARC)
Items this document does not state (1)
Launch date

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To reflect the third-quarter results and explain progress in the application and preparations to initiate the CBP501 Phase 3 clinical trial in Europe, the development status of subsequent pipelines, and future funding requirements and financial policies.

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Company Presentation Materials, May 2026, Updated to Reflect Third-Quarter Financial Results | CanBas Co.,Ltd. (4575) timely disclosure | Komori