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Last updated : 05/11/2026 - 11h21
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Transgene: BT-001 tested before surgery in localized rectal cancer

Candidate BT-001, whose first clinical trials involved treatment-resistant metastatic cancers, is now being evaluated at an earlier stage of the disease, before surgery. Transgene announced this in a press release published on November 5, 2026, regarding a study conducted at the initiative of Danish investigators.


Transgene: BT-001 tested before surgery in localized rectal cancer

A Phase 1 study before surgery in localized pMMR rectal cancer

The Phase 1 OV-PRIME-R study is conducted by Bispebjerg and Frederiksberg Hospital (University of Copenhagen), in Denmark, as an investigator-initiated trial supported by Transgene. It combines BT-001, an armed oncolytic virus injected directly into the tumor, with pembrolizumab, an anti-PD-1 therapy administered intravenously.

Eligible patients have localized rectal cancer with pMMR status. According to the press release, this population represents approximately 95% of rectal cancer cases, which to date show limited response to immunotherapy used alone.

The combination is administered as neoadjuvant treatment, before standard surgery, in order to assess its safety, tolerability and efficacy. It recalls that neoadjuvant (chemo)radiotherapy leads to a complete response in fewer than 30% of patients, that some still develop distant recurrences, and that adjuvant options remain limited.

A candidate co-developed with BioInvent

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BT-001 is jointly developed by Transgene and BioInvent. Derived from Transgene's Invir.IO platform, it is designed to express BioInvent's GM-CSF cytokine and anti-CTLA-4 monoclonal antibody, with the aim of inducing an antitumor immune response while limiting systemic exposure and the associated adverse effects.

For the principal investigator, Professor Henry G. Smith, the combination “will strengthen the immune response and improve patients' future by reducing the risk of relapse or even decreasing the need for surgery”. Emmanuelle Dochy, Transgene's Medical Affairs Director, highlights tolerability already observed, which she describes as “excellent”.

The first clinical trials cited by the company involved patients with treatment-resistant metastatic cancers. The multicenter, open-label Phase I/IIa study (NCT04725331) evaluated BT-001 alone or combined with pembrolizumab in patients with advanced solid tumors.

OV-PRIME-R has only just treated its first patient, and Transgene reminds, in its forward-looking statements, that there is no guarantee that the results of previous trials will be predictive of those of the ongoing clinical trials.



Sector Pharmacie et biotechnologies › Biotechnologies


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 0,3 millions d'euros
  • Quarterly revenue: 0,3 millions d'euros
  • Net income: -15,7 millions d'euros
Guidance from the release
  • « Based on the above elements, Transgene estimates that it will be financed until early 2028. » ; « expects to communicate topline results from TG4050's Phase 1/2 trial by the end of Q1 2028 »

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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