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Occurring Fact4888STELLA PHARMA CORPORATIONPharmaceuticals

Notice Regarding the Initiation of a Japan-Based Phase III Clinical Trial for Recurrent Glioblastoma

The domestic Phase III BNCT physician-initiated clinical trial for patients with recurrent glioblastoma, which has been conducted in collaboration with Osaka Medical and Pharmaceutical University and others, has commenced. The trial will enroll 48 patients, and the Company will provide the investigational drug free of charge.

Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
48
patients (target enrollment)
Wording
Conditional
How definitive the wording is.

Initiation of a Domestic Phase III Clinical Trial for Recurrent Glioblastoma

Subject Entity

STELLA PHARMA CORPORATION (provider of the investigational drug and development entity), Educational Corporation Osaka Medical and Pharmaceutical University (entity conducting the physician-initiated clinical trial), SUMITOMO HEAVY INDUSTRIES,LTD. (provider of the BNCT system and treatment planning program)

Target Locations / Products

Japan, recurrent glioblastoma, borofalan (10B) (SPM-011), BNCT neutron irradiation system (BNCT30), BNCT treatment planning program (DE-01)

This disclosure05/18/2026
Cause

The trial was scheduled to formally commence after submission of the treatment plan and completion of the prescribed review process, and those procedures have now been completed.

Amount of Impact on Business Performance

¥497 million (planned to be allocated to costs related to recurrent malignant glioma; the impact on financial results is immaterial; accounting classification: Not disclosed)

Accounting period in which recognized

Fiscal year ending March 2027 (impact of this matter on financial results)

Impact on Earnings Forecast

The impact of this matter on the Company's financial results for the fiscal year ending March 2027 is immaterial.

Related procedures

Type

Physician-initiated clinical trial (domestic Phase III clinical trial)

Outlook

The Company will proceed with additional data analysis, preparations for the application and other related measures toward filing for regulatory approval based on the clinical trial results. The clinical trial is scheduled to continue through 30 June 2030.

Planned follow-up disclosure

AltPlusInc. will promptly make an announcement if any matter requiring disclosure arises.

Event that occurred
ItemDetails
Event nameInitiation of a Domestic Phase III Clinical Trial for Recurrent Glioblastoma
Subject EntitySTELLA PHARMA CORPORATION (provider of the investigational drug and development entity), Educational Corporation Osaka Medical and Pharmaceutical University (entity conducting the physician-initiated clinical trial), SUMITOMO HEAVY INDUSTRIES,LTD. (provider of the BNCT system and treatment planning program)
Target Locations / ProductsJapan, recurrent glioblastoma, borofalan (10B) (SPM-011), BNCT neutron irradiation system (BNCT30), BNCT treatment planning program (DE-01)
CauseThe trial was scheduled to formally commence after submission of the treatment plan and completion of the prescribed review process, and those procedures have now been completed.
Amount of Impact on Business Performance¥497 million (planned to be allocated to costs related to recurrent malignant glioma; the impact on financial results is immaterial; accounting classification: Not disclosed)
Accounting period in which recognizedFiscal year ending March 2027 (impact of this matter on financial results)
Impact on Earnings ForecastThe impact of this matter on the Company's financial results for the fiscal year ending March 2027 is immaterial.
Type of litigation or proceedingPhysician-initiated clinical trial (domestic Phase III clinical trial)
OutlookThe Company will proceed with additional data analysis, preparations for the application and other related measures toward filing for regulatory approval based on the clinical trial results. The clinical trial is scheduled to continue through 30 June 2030.
Planned follow-up disclosureAltPlusInc. will promptly make an announcement if any matter requiring disclosure arises.
Items this document does not state (15)
Date of occurrenceDate recognized / date notice receivedCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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.

The treatment plan has been submitted and the prescribed review process has been completed. Based on the agreement dated 29 January 2026 and the development policy announced on 31 March 2025, the clinical trial will be conducted with support from AMED.

How to read this page

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Notice Regarding the Initiation of a Japan-Based Phase III Clinical Trial for Recurrent Glioblastoma | STELLA PHARMA CORPORATION (4888) timely disclosure | Komori