On March 31, 2025, Sun Pharma Advanced Research Company Ltd. (SPARC) submitted an Investigational New Drug (IND) application to the US Food and Drug Administration (FDA). This application supports the further development of SBO-154, a potential treatment for advanced solid tumours. The drug has successfully completed preclinical studies, showing positive results. A global Phase 1 trial has been planned to evaluate its effectiveness in treating solid tumours.
SBO-154 is the first antibody-drug conjugate (ADC) developed by SPARC. With the IND submission, the drug is set to move forward in clinical trials. Anil Raghavan, CEO of SPARC, stated, “SBO-154’s progress into Phase 1 trials is a major milestone for us, as we aim to enhance cancer treatment worldwide.”
SBO-154 is a unique ADC that targets the SEA domain of the MUC1 protein, which is found in many solid tumours. The drug binds to this domain with high precision and releases a cancer-fighting agent inside the tumour cells. This disrupts cell division, leading to tumour shrinkage. Biomodifying, a startup at the University of Tel Aviv, licensed the anti-MUC1 antibody used in SBO-154.
SPARC is a clinical-stage biopharmaceutical company focusing on developing innovative treatments to improve patient care. Through research and new drug delivery methods, SPARC aims to provide better treatment options for people worldwide.
As of April 1, 2025, at 9:29 AM IST, Sun Pharma Advanced Research Co share price (NSE: SPARC) is trading at ₹149.92, up ₹2.01 (1.36%) for the day. The stock opened at ₹146.40 and reached a high of ₹150.28 while the day’s low remains ₹146.40. The company has a market capitalisation of ₹4,870 crore. SPARC does not have a P/E ratio or dividend yield listed. Over the past 52 weeks, the stock has hit a high of ₹472.80 and a low of ₹109.30.
With the IND submission for SBO-154, SPARC takes a significant step toward advancing cancer treatment. The upcoming Phase 1 trial will determine its potential to improve patient outcomes.
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Published on: Apr 1, 2025, 9:37 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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