Heidelberg Pharma (HPHA) Status Update summary
Event summary combining transcript, slides, and related documents.
Status Update summary
12 Nov, 2025Clinical development highlights
HDP-101 is an amanitin-based antibody-drug conjugate (ADC) targeting BCMA with a novel payload derived from mushroom toxin, inhibiting RNA polymerase II, a previously untargeted, cell cycle-independent mechanism.
The ADC efficiently kills both dividing and dormant tumor cells, with no known resistance mechanisms and is effective even in ultra-low BCMA-expressing cells.
Preclinical and early clinical data show strong activity against myeloma cells, including those resistant to other therapies, and a favorable safety profile.
Phase I trial results and safety
In heavily pretreated, triple-class exposed multiple myeloma patients, HDP-101 demonstrated multiple responses, including a stringent complete remission lasting over 19 months.
Dose escalation cohorts revealed that split dosing strategies mitigated transient thrombocytopenia, with no significant ocular, renal, or liver toxicities observed.
No dose-limiting toxicities were seen up to 112.5 mcg/kg, and the trial is enrolling at 140 mcg/kg.
The safety profile is notably mild, with no cumulative toxicity observed in long-term treated patients.
Efficacy and future development
Responses were observed at doses above 90 mcg/kg, with ongoing durable partial and complete responses.
The recommended phase II dose is expected by year-end, with plans to expand into phase II, including monotherapy and combination regimens.
The drug is positioned for post-BCMA relapse/refractory myeloma and earlier lines in combination, aiming for accelerated or conditional approval by 2030.
Additional amanitin-based ADCs targeting CD37, PSMA, and GCC are in early development for other cancers.
Latest events from Heidelberg Pharma
- Strategic focus shifts to HDP-101 with deep cost cuts and cash runway to mid-2026.HPHA
Investor Update17 Dec 2025 - HDP-101 shows strong efficacy and safety in myeloma, with new data to be presented at ADC Congress.HPHA
Status Update17 Nov 2025 - Innovative ADC platform achieves durable remissions in resistant cancers, with strong financial backing.HPHA
Life Sciences Investor Forum11 Nov 2025 - Delayed milestone payment led to major cost cuts and a strategic focus on HDP-101.HPHA
Q3 20259 Oct 2025 - Strong clinical advances and financing extend runway to 2027, despite higher losses.HPHA
Q2 202510 Jul 2025 - HDP-101 shows clinical promise as guidance improves and cash outlook remains robust.HPHA
Q3 202413 Jun 2025 - Net loss halved, pipeline advanced, and major royalty deal boosts Heidelberg Pharma's outlook.HPHA
Q2 202413 Jun 2025 - Clinical progress and a $20M royalty payment extend funding into 2027.HPHA
Q1 202511 Jun 2025 - HDP101 clinical progress and royalty deals secure funding into 2027.HPHA
Q4 20246 Jun 2025