Company Profile

Purple Biotech Stock Price, News & Analysis

Ticker:
PPBT
Exchange:
NASDAQ
Sector:
Biopharma
Location:
Israel

Stock performance

1.41 USD (-6.00%)

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Last updated: August 6, 2026

2.81M USD

Market cap

Why the stock is moving

The latest monitored company update is “Purple Biotech Reports Second Quarter 2026 Financial Results.” The corresponding closing-price reaction is not yet available.

Company overview

Next-Generation Immuno-Oncology Platform

Purple Biotech develops next-generation immunotherapies designed to increase antitumor activity while limiting toxicity. Its CAPTN-3 platform consists of masked trispecific antibodies that simultaneously target tumors and activate T cells and natural killer cells.

IM1240 Trispecific Antibody

IM1240 is a capped CD3 × 5T4 × NKG2A trispecific antibody. In patient-derived tumor samples, it demonstrated activity in treatment-resistant settings, including head and neck squamous cell carcinoma resistant to PD-1 therapy or PD-1 plus chemotherapy and bladder cancer resistant to enfortumab vedotin plus PD-1 therapy.

Conditional Immune Activation

CAPTN-3 molecules are designed to remain masked outside the tumor microenvironment and become activated at the disease site. This approach seeks to combine T-cell and NK-cell engagement while reducing systemic immune toxicity.

Existing Clinical Assets

Purple Biotech also owns clinical-stage programs including CM24 and NT219, although further development depends on external partnership or investment. Current value creation is increasingly centered on CAPTN-3, IM1240, and the design of additional trispecific combinations.

Future catalysts

Purple Biotech’s catalysts are oncology programs and any update that shows the platform can still generate differentiated data. The company remains highly data-dependent.

Recent news

  1. 01

    Purple Biotech Reports Second Quarter 2026 Financial Results

    Source: Purple Biotech

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Frequently Asked Questions

What is the current stock price of Purple Biotech (PPBT)?

Purple Biotech (PPBT) most recently closed at 1.41 USD, a -6.00% move versus the previous session.

What is the market cap of Purple Biotech (PPBT)?

Purple Biotech currently has a market capitalization of 2.81M USD on BioPharmSignal.

What does Purple Biotech do?

Next-Generation Immuno-Oncology Platform Purple Biotech develops next-generation immunotherapies designed to increase antitumor activity while limiting toxicity. Its CAPTN-3 platform consists of masked trispecific antibodies that simultaneously target tumors and activate T cells and natural killer cells. IM1240 Trispecific Antibody IM1240 is a capped CD3 ×...

On which exchange is PPBT stock listed?

Purple Biotech (PPBT) is associated with NASDAQ, Israel, Biopharma.

What is CAPTN-3?

Its CAPTN-3 platform consists of masked trispecific antibodies that simultaneously target tumors and activate T cells and natural killer cells.

Which conditions is Purple Biotech targeting with CAPTN-3?

Purple Biotech is associated with oncology, cancer therapeutics based on its company overview and current catalyst commentary.

How does Purple Biotech describe recent progress with CAPTN-3?

Purple Biotech’s catalysts are oncology programs and any update that shows the platform can still generate differentiated data. The company remains highly data-dependent.

What is PD-1?

In patient-derived tumor samples, it demonstrated activity in treatment-resistant settings, including head and neck squamous cell carcinoma resistant to PD-1 therapy or PD-1 plus chemotherapy and bladder cancer resistant to enfortumab vedotin plus PD-1 therapy.