IBX Secures Central Ethics Approval - Key Phase 2 Milestone
Released
Released
Announcement PDF
Imagion Biosystems Limited
ASX: IBX
Imagion Biosystems Limited
ASX: IBX ACN 616 305 027
Suite 2, Level 11 385 Bourke Street Melbourne VIC 3000
imagionbiosystems.com | investor@imagionbio.com
A S X A N N O U N C E M E N T | 3 0 S e p t e m b e r 2 0 2 6
Imagion Biosystems Secures Central Ethics
Approval, Clearing Key Phase 2 Trial Startup
Milestone
Key Highlights:
• Central Institutional Review Board (IRB) ethics approval received for Imagion's Phase 2 MagSense® trial in
HER2-positive breast cancer, clearing a key ethics and regulatory hurdle
• Protocol, informed consent forms and all study materials approved by Advarra IRB, enabling advancement to
active site initiation and patient recruitment
• Use of a single central IRB process streamlines activation across multiple participating clinical sites,
supporting efficient site activation and enrolment
• Site activation activities are underway, with patient enrolment to commence following first site activation
• Achievement of this milestone materially advances the Company's clinical development program and
supports progression towards generating Phase 2 efficacy and safety data
Imagion Biosystems (ASX: IBX) (Company or Imagion), a company dedicated to improving healthcare outcomes
through early and more accurate detection of cancers, is pleased to announce that Advarra, Inc. has granted central
Institutional Review Board (IRB) ethics approval for the Company’s Phase 1b/2 clinical trial of the MagSense® HER2
Imaging Agent.
Central IRB approval represents a significant milestone and clears a key ethics and regulatory requirement prior to
patient enrolment. Together with the previously announced United States Food and Drug Administration (FDA)
Investigational New Drug (IND) clearance, it solidifies the approvals necessary to commence the trial in the United
States. Advarra’s review confirms that the study protocol, informed consent process and participant safeguards
meet U.S. ethical and regulatory standards for clinical research involving human participants.
The use of a central IRB is intended to streamline trial start-up and support efficient trial execution. Participating sites
may rely on the central IRB ethics approval, where permitted, rather than conducting separate full ethics reviews,
reducing duplication and facilitating more rapid site activation and patient enrolment.
“Central IRB approval is an important milestone as we progress towards study activation and it reflects the disciplined
work of our team in designing and preparing for this clinical trial,” said Ward Detwiler, President of Imagion’s U.S.
operations. “With both regulatory and ethics approvals now secured, our focus remains on completing the final stages
of site activation and advancing towards opening the study for patient enrolment.”
Imagion Biosystems Limited
ASX: IBX
Imagion Biosystems Limited
ASX: IBX ACN 616 305 027
Suite 2, Level 11 385 Bourke Street Melbourne VIC 3000
imagionbiosystems.com | investor@imagionbio.com
The Company and its clinicaltrial partners are now finalising site activation activities, including site contract execution,
investigator training, and patient recruitment planning, with first patient enrolment to commence following first site
activation.
About the MagSense® Imaging Agent Technology
MagSense® technology is a new class of MRI imaging agents that aims to improve cancer detection compared to
conventional imaging technologies by adding molecular specificity without using radioactivity. MagSense® agents will
be the first imaging technology to use targeted magnetic nanoparticles to potentially tag and detect cancers allowing
for visualisation using MRI. This new class of imaging agents does not use ionising radiation or radioactive tracers and
aims to improve how medical imaging can be used compared to conventional imaging methods which cannot
differentiate benign tumours from malignant cancer. Imagion has developed MagSense® imaging agents for potential
use in three different types of cancer. The lead product has successfully completed a Phase 1 study for the detection
of nodal metastases (spread) in HER2+ breast cancer and is now advancing into the planned Phase 1b/2 study. The
MagSense® technology platform has the potential to expand into two additional indications, being prostate cancer and
ovarian cancer.
Authorisation & Additional Information
This announcement was authorised by the Board of Imagion Biosystems Limited.
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About Imagion Biosystems
Imagion Biosystems (ASX: IBX) is a clinical-stage, medical imaging company dedicated to transforming how cancer is
diagnosed and treated. The company produced and is developing clinical applications for MagSense®, a first-of-its-
class MRI imaging agent that aims to enable clinicians to detect cancer earlier and with greater precision. Advancing
molecular MRI, the company is using non-radioactive, bio-safe magnetic nanoparticles to potentially improve
diagnostic certainty for a broad range of applications, including HER2+ breast cancer, prostate cancers and ovarian
cancers. For more information, visit imagionbiosystems.com.
Imagion Biosystems Limited
ASX: IBX
Imagion Biosystems Limited
ASX: IBX ACN 616 305 027
Suite 2, Level 11 385 Bourke Street Melbourne VIC 3000
imagionbiosystems.com | investor@imagionbio.com
Executive Chairman Contact Details
Bob Proulx
investor@imagionbio.com
AU: +61 3 9692 7222
Media Enquiries & Investor Relations
Erich Boileau, Boileau & Co.
imagionbio@boileau.co
US: +1 (616) 786-4461
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