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CS2009 (PD-1/VEGF/CTLA-4 Trispecific Antibody) ASCO 2026 Key Highlights

DJ CS2009 (PD-1/VEGF/CTLA-4 Trispecific Antibody) ASCO 2026 Key Highlights

EQS Newswire / 12/06/2026 / 15:02 UTC+8 
 
Shanghai - 12 Jun 2026 - The clinical datasets presented at ASCO 2026 further validate the trispecific synergistic 
mechanism of CS2009 and support its potential to become a next-generation immuno-oncology (I/O) backbone therapy. 
 
I. Trispecific Design Rationale and Differentiated Advantages 
 
1. Greater Potential for Long-Term Survival Benefit vs. PD-1+VEGF Combinations, with Low CTLA-4-Related Toxicity and 
Favorable Tolerability 
 
CS2009 was designed to restore T-cell effector function, remodel the tumor microenvironment (TME), and enhance T-cell 
priming via simultaneous targeting of PD-1, VEGF, and CTLA-4, aiming to generate deeper and more durable anti-tumor 
immune responses. 
 
. Differentiated CTLA-4 Design: The CTLA-4 component is engineered to avoid excessive activation of peripheral CTLA-4 
single-positive T cells, thereby reducing systemic immune toxicity. Combined with VEGF-mediated tumor enrichment, this 
design preserves the immune-stimulatory benefit of CTLA-4 blockade while substantially improving tolerability. Clinical 
data has demonstrated that CTLA-4-related toxicities with CS2009 are notably lower than that of conventional CTLA-4 
antibody regimens, with immune-related adverse events (irAEs) approaching incidence typically seen with PD-1 
monotherapy or PD-1-based bispecific antibodies. 
 
. Advantage of Continuous Dosing: Unlike conventional CTLA-4 antibodies, which are often limited to two or three doses 
due to tolerability concerns, CS2009 can be administered continuously, therefore fully leveraging the CTLA-4 
mechanism-not only initiating and enhancing existing anti-tumor T-cell responses but also continuously priming new 
T-cell clones against newly released tumor antigens throughout treatment. This ongoing expansion of the anti-tumor 
T-cell repertoire, combined with CS2009's favorable tolerability, is expected to drive more durable immune responses, 
prolong clinical benefit, and ultimately improve overall survival. 
 
. Pharmacodynamic Validation: Dose-dependent upregulation in ICOS, a recognized pharmacodynamic marker of CTLA-4 
pathway activation and T-cell activation, were observed. The ICOS elevation suggests that CS2009 continuously promotes 
T-cell priming and clonal expansion, validating the biological activity of its CTLA-4 module and providing biological 
basis for long-term anti-tumor activity. 
 
Industry challenge: Historically, most anti-VEGF plus PD-(L)1 regimens have primarily improved progression-free 
survival (PFS), while overall survival (OS) benefits remains highly uncertain. By incorporating a CTLA-4 mechanism, 
CS2009 aims to break through this limitation. 
 
2. Low VEGF-Related Toxicity Supporting More Adequate Treatment Exposure and Sustained Clinical Benefit 
 
Pharmacodynamic data demonstrated: 
 
. Circulating VEGF levels have declined continuously following dosing, and no clear rebound has been observed after up 
to 147 days of follow-up. 
 
This pattern differs from results reported with traditional anti-VEGF antibodies or PD-1/VEGF bispecifics, potentially 
due to CS2009's enrichment in the tumor microenvironment and CTLA-4-mediated internalization and clearance of 
VEGF-antibody complexes. This may reduce reflux of VEGF and its antibody-bound complexes into the peripheral 
circulation, thereby lowering VEGF-related systemic toxicities such as hypertension and proteinuria. 
 
Clinical data demonstrated: 
 
. The incidence of Grade =3 VEGF-related treatment-related adverse events (TRAEs) is only 5.1%, notably lower than 
reported rates for certain VEGF-based bispecifics. 
 
Industry challenge: VEGF is both a critical efficacy driver and a major source of toxicity in combination therapies. 
Achieving an optimal balance between efficacy and tolerability, particularly in elderly and high-risk patients, remains 
a longstanding, unresolved challenge in the VEGF field. 
 
3. Consistent Activity Observed Across Multiple "Cold" Tumors, Highlighting the Value of the CTLA-4 Module and the 
Trispecific Mechanism 
 
Promising anti-tumor activity has been observed in several traditionally immunotherapy-insensitive tumor types, 
including: Immunotherapy-resistant non-small cell lung cancer (NSCLC), pMMR/MSS metastatic colorectal cancer (mCRC), 
Soft tissue sarcoma (STS), Non-clear cell renal cell carcinoma (nccRCC). 
 
These findings suggest that the combined blockade of PD-1 and CTLA-4, together with VEGF modulation, may enhance T-cell 
priming, broaden T-cell clonal diversity, promote durable immune memory, and improve T-cell infiltration within the 
TME-extending immune responsiveness to tumors that were previously I/O-insensitive. The consistent efficacy signals 
across multiple cold tumors support the ability of CS2009's PD-1, CTLA-4 and VEGF synergism to reshape the 
immunosuppressive TME, expand the I/O-benefiting population, and demonstrate the potential to transcend the efficacy 
boundaries of traditional PD-1 inhibitors and PD-1/VEGF bispecifics. 
 
Industry challenge: Effective immunotherapy options remain limited for cold tumors. PD-1 plus CTLA-4 blockade is still 
one of the most widely recognized strategies for enhancing immunotherapy responsiveness. 
 
4. Consistent Benefit Observed Across Squamous and Non-Squamous NSCLC 
 
. Across multiple NSCLC treatment settings, comparable response rates were observed in both squamous and non-squamous 
patients. 
 
CS2009 is showing a trend of consistent benefit across histological subtypes, indicating that its mechanism may not 
depend on a particular pathologic type and may cover a broader population of NSCLC patients, enhancing the probability 
of success in future global registrational trials. 
 
Industry challenge: Notable differences in efficacy between squamous and non-squamous NSCLC often limit the label 
expansion and commercial potential of certain products. 
 
II. Favorable Safety Profile with Notably Lower VEGF-Related Toxicity Compared with Bispecifics 
 
Safety data from the ongoing Phase I study in a mixed tumor population (N=118): 
 
. Grade =3 TRAE incidence: 24.6%; 
 
. Grade =3 irAE incidence: 12.7%; 
 
. Grade =3 VEGF-related TRAE incidence: 5.1%. 
 
Focusing on the later-line NSCLC cohort (n=57): 
 
. Grade =3 TRAE rate: 19.3%; 
 
. Grade =3 irAE rate: 12.3%; 
 
. VEGF-related Grade =3 TRAE rate: 5.3%; 
 
. Consistent with the safety profile of the overall heavily pretreated mixed-tumor population. 
 
Overall: 
 
. CTLA-4-related toxicity appears very well controlled. 
 
. No new or unexpected safety signals have been identified. 
 
. The overall safety profile is comparable to that of PD-1/VEGF bispecific antibodies, while VEGF-related toxicity 
appears substantially lower. 
 
This safety profile provides an important foundation for long-term dosing and future global registrational development. 
 
III. Efficacy in "Cold" Tumors Demonstrates Differentiated Clinical Value 
 
CS2009 has demonstrated meaningful clinical activity across multiple "cold" tumors, highlighting the differentiated 
mechanism. 
 
1. Monotherapy in Later-Line pMMR/MSS mCRC 
 
. All enrolled patients had heavily pretreated, refractory CRC, including cases with BRAF mutations and right-sided 
tumors. 
 
. CS2009 monotherapy achieved an ORR of 25% and a DCR of 87.5%. 
 
Given that ORR in later-line colorectal cancer are typically in the single digits, these results demonstrate clinically 
meaningful anti-tumor activity. 
 
More importantly, efficacy signals emerging in a typical cold-tumor population further supports the differentiated 
value of the CTLA-4 module. 
 
2. Combination with XELOX in First-Line pMMR/MSS mCRC 
 
. The study did not select patients by tumor sidedness, molecular subtype, or liver metastasis; the enrolled population 
better reflects real-world clinical practice. 
 
. To date, all six patients have experienced tumor shrinkage, and three patients achieved a partial response (PR) at 
their first efficacy assessment. 
 
. ORR was 66.7%, and DCR was 100%. 
 
Although the sample size remains small, highly consistent early efficacy signals have already been observed, providing 
positive support for subsequent global registrational development. 
 
The Company plans to expand the cohort to approximately 40 patients to generate a more comprehensive proof-of-concept 
(POC) dataset for upcoming discussions with the global regulatory authorities including the U.S. Food and Drug 
Administration (FDA) and China's National Medical Products Administration (NMPA) on a Phase III global registrational 
clinical trial. 
 
3. Other "Cold" Tumors 
 
. Monotherapy in Later-line Soft Tissue Sarcoma (STS): ORR 33.3%, DCR 66.7%; 
 
. Monotherapy in Later-line non-clear cell renal cell carcinoma (nccRCC): ORR 33.3%, DCR 100%;. 
 
. Durable responses have also been observed. Notably, the first patient enrolled in Phase I (an Australian female) has 
experienced sustained tumor shrinkage of more than 40% over 12 months. 
 
IV. NSCLC: Multi-Dimensional Data Support Global Registrational Development 
 
Dimension 1: Later-Line NSCLC Monotherapy (Pretreated with IO, Chemotherapy, ADCs, or Bispecifics) 
 
. Overall ORR in the 30 mg/kg cohort: 24% (squamous 25%, non-squamous 23.1%, consistent benefit); DCR 60%; 
 
. In second-line NSCLC (30 mg/kg, post IO + chemotherapy): ORR improved to 30.8%, DCR 84.6%. 
 
. In such post-PD-(L)1 patient populations, standard-of-care ORRs are generally low, thus CS2009 has demonstrated 
competitive single-agent activity. 
 
Additional observations include: 
 
. 6-month duration-of-response (DOR) rate exceeded 80% (i.e., more than 80% of responders remained in response at 6 
months); 
 
. Depth of response has continued to deepen over time; 
 
. DOR data are still maturing. 
 
Dimension 2: Later-Line NSCLC in Combination with Docetaxel 
 
. All six evaluable patients experienced tumor shrinkage, resulting in an ORR of 66.7% and a DCR of 100%. 
 

(MORE TO FOLLOW) Dow Jones Newswires

June 12, 2026 03:02 ET (07:02 GMT)

© 2026 Dow Jones News
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