Nanobiotix Shares Surge After Encouraging Esophageal Cancer Study Results

Nanobiotix (NASDAQ:NBTX) shares rose 11.6% on Thursday after the biotech firm reported promising preliminary findings from a Phase 1 trial evaluating JNJ-1900 (NBTXR3) in patients with esophageal cancer.

The late-stage clinical company said the treatment was well-tolerated and that injections were feasible in 13 patients with locally advanced esophageal adenocarcinoma. The study demonstrated an 85% disease control rate and a 69% objective response rate, including six complete and three partial responses.

Data were presented at the 2025 Annual Meeting of the American Society for Radiation Oncology, covering cohorts 1 and 2 of the dose escalation phase. The trial examines JNJ-1900 in combination with either photon or proton chemoradiation, followed by surgery when medically appropriate.

“These early results support our hypothesis that intratumoral injection of JNJ-1900 (NBTXR3) in combination with chemoradiation is both technically feasible and generally well-tolerated in patients with locally advanced esophageal adenocarcinoma,” said Steven Lin, MD, PhD, Professor of Radiation Oncology at MD Anderson and Principal Investigator of the study.

The recommended Phase 2 dose for JNJ-1900 with photon chemoradiation was determined to be 33% of gross tumor volume. Among the six patients who underwent surgery after treatment, two achieved a pathological complete response, while four experienced a major pathological response.

Recruitment for the first dose-escalation cohort has concluded, with five more patients being enrolled in cohort 2. The trial will subsequently expand to include 12 additional patients for the dose-expansion phase.

Nanobiotix stock price

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