Nectin Therapeutics and the EIC Accelerator: A New Cancer Antibody

30 September 2026866 words5 min

Nectin Therapeutics, based in Jerusalem, is developing NTX1088, a first-in-class monoclonal antibody against the poliovirus receptor (PVR, also called CD155), which tumours use to suppress the immune system's attack through the DNAM1 pathway. The EIC Accelerator granted €2,499,999 towards a total cost of €3,571,427 for the project, which runs from August 2024 to January 2028, according to CORDIS. Israel is associated with Horizon Europe, so Israeli companies can receive EIC funding.

On 17 June 2026 Nectin presented Phase 1a/1b results at the American Society of Clinical Oncology meeting. Of 91 patients treated, NTX1088 was well tolerated with no dose-limiting toxicities, and among 41 evaluable patients on active doses combined with Merck's pembrolizumab (Keytruda), confirmed partial responses were seen in gastric, bladder, lung, head and neck cancers and melanoma, according to PR Newswire. The patients had a median of four prior lines of therapy. The lead investigator at MD Anderson Cancer Center said Phase 2 studies were warranted. The press release did not give a response rate.

€2.5MEIC grant
91Patients treated, June 2026
0Dose-limiting toxicities
Phase 1Stage of development

Company file

Legal entity
Nectin Therapeutics Ltd, Jerusalem
Lead drug
NTX1088, anti-PVR (CD155) antibody
Trial
NTX-1088-01, KEYNOTE E92, NCT05378425
Sites
United States, Israel and Poland
Investors
aMoon, Peregrine Ventures, IBF, Integra Holdings, MIF, GIBF, Cancer Focus Fund
Pipeline
Immuno-oncology antibodies and antibody-drug conjugates
EIC funding
Grant first, €2.5M

Where Nectin Stands Now

The Phase 1 study is active but no longer recruiting, with primary completion estimated for December 2026, according to ClinicalTrials.gov. The EIC project report says the company engaged with the European Medicines Agency through the CTIS system and opened a site at the Maria Sklodowska-Curie National Research Institute of Oncology in Warsaw, according to CORDIS. Nectin's last announced financing was an extension of its Series A to more than $25 million in November 2022, according to BioSpace.

The record

From first dosing to an ASCO oral presentation

Nectin's EIC project runs until January 2028. The EIC money helped it open a trial site in Poland.

  1. Sep 2022Phase 1 trial startsNCT05378425
  2. Nov 2022Series A extendedTo over $25M
  3. Nov 2023EIC Accelerator cut-offNTX1088grant first
  4. Aug 2024EIC project startsRuns to January 2028
  5. By 2026Polish site opensMaria Sklodowska-Curie Institute, Warsaw
  6. Jun 2026ASCO oral presentation91 patients treated
  7. Dec 2026Phase 1 primary completionEstimated

Nectin Therapeutics, PR Newswire, ClinicalTrials.gov and CORDIS.

"Based on these findings, further clinical evaluation in Phase 2 studies, including in less heavily pretreated and biomarker-enriched cohorts, is warranted."

Dr. Sarina A. Piha-Paul, MD Anderson Cancer Center, June 2026

The Technology: Unblocking a Brake on Immune Cells

Checkpoint inhibitors such as pembrolizumab release brakes on immune cells. Nectin describes PVR as a key regulator of the DNAM1 axis and an important driver of tumour-mediated immune suppression, and NTX1088 is designed to block it. Most patients in the trial had already received checkpoint inhibitors. The trial tested eight dose levels from 12 mg to 1,750 mg, and 1,750 mg was chosen for expansion based on pharmacokinetics and target occupancy.

The trial

Patients treated with NTX1088, EIC report

Most patients received NTX1088 with Merck's pembrolizumab. By June 2026 the total had reached 91.

Nectin Therapeutics, EIC project report on CORDIS.

What the EIC Award Promised, and What the Record Shows

The project runs until January 2028, so it is too early to judge it. So far it has supported the Phase 1 trial's expansion, including into Europe. In the report's earlier data cut, 38 evaluable combination patients showed one complete response, five partial responses and 24 cases of stable disease, with the longest response lasting 86 weeks.

  1. Phase 1 dose escalationCompletedDose selected.
  2. European trial siteOpenedWarsaw.
  3. Efficacy signalEarlyResponses in Phase 1.
  4. Phase 2UnverifiedNot yet announced.

The Money

Nectin is privately held. In March 2022 it announced a $5.4 million investment from the Cancer Focus Fund to support the Phase 1 study, and in November 2022 it extended its Series A to more than $25 million. No new round has been announced since, and its accounts are not public.

The early signal

Best response in 38 evaluable combination patients

Among heavily pretreated patients, one complete and five partial responses were confirmed, and 24 had stable disease.

Nectin Therapeutics, EIC project report on CORDIS. Patients.

The EIC project

Who pays for the EIC project

The EU covers 70% of the €3.57 million project cost.

CORDIS, project 101164808. Values in € thousands.

What Cannot Be Checked

Questions for the EIC

How Nectin will fund Phase 2, whether the EIC Fund will invest, what the overall response rate was, and how many patients were treated in Poland are not public.

Why Europe Should Care

The trial enrolled heavily pretreated patients, many of whom had received checkpoint inhibitors before. The EIC project report says Nectin opened a site for its early-stage trial of a new mechanism at a Polish cancer centre, though how many patients were treated there is not public.

What the award promised

A first-in-class antibody to revolutionise cancer immunotherapy.

What the record shows

A well-tolerated drug with early responses in Phase 1.

The Verdict

Early promise

NTX1088 cleared the safety bar and showed activity. Whether it works well enough to matter will only be known after Phase 2.

Nectin Therapeutics and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

HealthBiopharmaceuticals

Focus
  • Antibodies
Technologies
  • Monoclonal antibodies
Keywords
  • Immuno-oncology
  • Checkpoint inhibitors
  • Solid tumours
  • Oncology