Mersana Therapeutics (MRSN) Study Update summary
Event summary combining transcript, slides, and related documents.
Study Update summary
10 Jan, 2026Study background and objectives
Emi-Le (emiltatug ledadotin, XMT-1660) is a B7-H4-targeting ADC developed to address efficacy and safety limitations of current ADCs in solid tumors, especially breast cancer.
B7-H4 is highly expressed in TNBC, endometrial, ovarian, and HR+ breast cancers, with limited expression in healthy tissue.
Emi-Le received FDA Fast Track designation for advanced/metastatic TNBC and HER2-low/negative breast cancer post-topo-1 ADC.
The Phase 1 trial uses a Bayesian Optimal Interval design to establish safety, tolerability, and preliminary efficacy, with dose escalation and backfill cohorts across multiple tumor types.
B7-H4 expression is assessed retrospectively using tumor proportion scores (TPS) to inform biomarker strategy and optimize expansion cohorts.
Patient demographics and trial design
130 patients dosed as of December 13, 2024, with the majority having breast cancer and prior exposure to topo-1 ADCs.
Median age was 55, with a median of 4.5 prior lines of therapy; 60% had received prior topo-1 ADCs.
Dose escalation and backfill cohorts investigated a broad range of doses and schedules, with expansion at 67.4 mg/m² Q4W in TNBC post-topo-1 ADC.
B7-H4 high expression (TPS ≥70) was present in 43.7%–45% of patients with known status.
Additional cohorts included HR+ breast, endometrial, ovarian, and adenoid cystic carcinoma.
Safety and tolerability findings
No grade 4 or 5 treatment-related adverse events (TRAEs) were reported among 130 patients.
Most common TRAEs were transient AST increases, low-grade nausea, fatigue, and reversible proteinuria.
Grade 3 TRAEs occurred in 30% of patients; 4.6% experienced treatment-related serious adverse events.
Dose-limiting toxicities included transient grade 3 AST elevations, reversible grade 3 proteinuria, and grade 3 pyrexia.
Proteinuria was generally asymptomatic and reversible, with mitigation strategies including ACE inhibitors, ARBs, SGLT2s, and dose reduction instead of delay.
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Guggenheim SMID Cap Biotech Conference24 Dec 2025 - Annual meeting to vote on director elections, executive pay, auditor, and a reverse stock split.MRSN
Proxy Filing2 Dec 2025