Invion’s Skin Cancer Drug Hits 79% Disease Control and Moves Toward Phase II Trial

The Invion INV043 skin cancer trial closed recruitment with no serious adverse events, no pain and a 79% disease control rate across 14 patient readouts, setting up a Phase II push.
By Josua Ferreira -
  • Invion has closed recruitment in its Phase 1 INV043 trial, with 14 patient readouts showing no serious adverse events, dose-limiting toxicities or pain.
  • The 79% disease control rate includes one complete response, though the announcement gives no split between SCC and BCC lesions.
  • The Safety Review Committee's review supports advancing the NMSC study to Phase II, with planning already under way.
  • Results are preliminary and unaudited, with final data due only after 12-month patient follow-up and an independent audit.
  • Phase II timing, design, funding and patient numbers are undisclosed, so the next catalyst remains open-ended.
Summarise with AI:

Invion closes Phase 1 skin cancer recruitment with 79% disease control rate

Invion Limited (ASX: IVX) has completed patient treatments and closed recruitment in its Phase I Non-Melanoma Skin Cancer (NMSC) trial of INV043. Preliminary findings from 14 patient readouts showed no serious adverse events, dose-limiting toxicities (DLTs) or pain, alongside a 79% disease control rate that included one complete response.

The Safety Review Committee (SRC) reviewed the preliminary data, which supports Invion’s decision to advance the NMSC study to a Phase II trial.

The results are preliminary and unaudited. Final results will follow the 12-month patient follow-up and independent audit, although Invion believes the preliminary findings are sufficient to meet primary safety endpoints and demonstrate encouraging efficacy signals.

Preliminary results from 14 patient readouts

The primary end-points for the Phase 1 trial focus on safety. The figures below are drawn from the announcement’s body text.

Safety profile

The SRC found consistently strong safety readouts, including with more recently treated Basal Cell Carcinoma (BCC) patients. There were eight cases of mild to moderate adverse events (e.g. mild headache, urinary tract infection and skin abrasion).

All eight were assessed by the SRC as “not related” or “unlikely related” to the treatment.

Efficacy signals

Tumour responses were assessed using calliper measurements consistent with RECIST 1.1 principles (longest diameter, percentage change from baseline). Encouraging efficacy signals were observed across Squamous Cell Carcinoma (SCC) and BCC lesions.

The BCC readouts build on the earlier expansion into BCC patients, which followed a positive Safety Review Committee decision and early SCC data showing lesion reductions without pain.

The 79% figure is a positive disease control response rate across SCC and BCC lesions combined. The announcement does not provide a split by lesion type.

Phase 1 Trial Safety and Efficacy Dashboard

Metric Preliminary finding
Patient readouts 14
Serious adverse events None
Dose-limiting toxicities None
Pain None
Disease control rate 79%
Complete responses One

Prof Thian Chew, Executive Chair and CEO

“INV043 has delivered what we hoped to see in a first-in-human study for skin cancer: a strong safety profile and promising early efficacy signals across multiple non-melanoma skin cancer types, including in both Squamous Cell Carcinoma (SCC) and Basal Cell Carcinoma (BCC) lesions, reinforcing the potential of Photosoft™ as a differentiated photodynamic therapy platform.”

What is Next Generation Photodynamic Therapy?

Invion is developing its Photosoft™ platform technology as a novel Next Generation Photodynamic Therapy (NGPDT). According to the company, NGPDT uses non-toxic photosensitisers (light-activated compounds) and light to selectively kill cancer cells and promote an anti-cancer immune response.

The company describes NGPDT as less invasive than surgery and with minimal side effects, offering an alternative treatment option aimed at achieving complete tumour regression and long-lasting remission. It has also demonstrated potential in:

  • Ophthalmic applications
  • Broad-spectrum antimicrobial activity across pathogens including bacteria, fungi and viruses

Invion holds the global exclusive license to the Photosoft technology for multiple cancer and non-cancer disease indications.

For readers wanting to see how the platform extends beyond oncology, our full explainer on Photosoft’s wet AMD partnership details the funded preclinical studies with SANGMYUNG Innovation and the size of the retinal disease market being targeted.

Phase II planning under way

Invion has started planning a Phase II clinical trial that looks to incorporate dose optimisation and may target advanced skin cancers, including rare cancers, with pressing unmet needs. The announcement does not disclose Phase II timing, design, funding or patient numbers, and states that more details will be provided “at the appropriate juncture.”

Milestones flagged by the announcement include:

  1. The 12-month patient follow-up
  2. Independent audit and final results
  3. Further Phase II details

Investors can sign up to Invion’s Investor Hub at https://investors.inviongroup.com/ to receive updates.

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Frequently Asked Questions

What is Next Generation Photodynamic Therapy?

Next Generation Photodynamic Therapy (NGPDT) uses non-toxic, light-activated photosensitisers and light to selectively kill cancer cells and promote an anti-cancer immune response. Invion is developing it through its Photosoft platform.

What were the results of the Invion INV043 skin cancer trial?

Preliminary findings from 14 patient readouts showed no serious adverse events, dose-limiting toxicities or pain, plus a 79% disease control rate including one complete response. The results are unaudited.

What happens next after Invion's Phase 1 NMSC trial?

Invion is planning a Phase II trial that looks to include dose optimisation and may target advanced skin cancers. Final Phase 1 results will follow the 12-month patient follow-up and an independent audit.

How can investors keep up with Invion announcements?

Investors can sign up to Invion's Investor Hub at investors.inviongroup.com to receive updates. They can also follow ASX announcements for Phase II details and final trial results.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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