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STELLA PHARMA NEWS
March 24th, 2026

Announcement regarding the Marketing Authorization Application for Borofalan (10B) used in BNCT for Angiosarcoma

We are pleased to announce that today we submitted the application to the Ministry of Health, Labour and Welfare (MHLW) to expand the approved use of Borofalan (10B) (development code: SPM‑011, hereinafter “the Drug”), a drug used in BNCT (Boron Neutron Capture Therapy) to treat angiosarcoma.

The application is based on the positive results obtained in a domestic Phase II clinical trial of BNCT conducted in collaboration with CICS Corporation for patients with unresectable cutaneous angiosarcoma. In this trial patients with locally advanced or locally recurrent disease for whom chemoradiotherapy or radiotherapy was difficult were enrolled. The study was designed as a single‑arm trial*1 with 10 patients, with the primary endpoint defined as the objective response rate (ORR; complete response (CR) + partial response (PR)) assessed by independent central imaging review*2 within 90 days after BNCT administration.
Among the 10 patients who received BNCT, partial responses were observed in 3 patients and complete responses in 2 patients, resulting in an ORR of 50.0% (90% confidence interval*³: 22.2%–77.8%). As the lower limit of the 90% confidence interval met the predefined success criterion established at the time of study planning, the study successfully achieved its primary endpoint.
Progression‑free survival*⁴ was defined as the time from BNCT administration to the first confirmation of disease progression or death. The median progression‑free survival was 6.3 months (95% confidence interval: 0.6–not estimable). In addition, no serious adverse drug reactions were observed, and no new safety concerns emerged.
Based on these results, the efficacy and safety of the Drug were demonstrated, suggesting that BNCT has the potential to serve as a promising new treatment option for patients with unresectable cutaneous angiosarcoma.

Angiosarcoma is an extremely rare malignant tumor classified as a vascular tumor within the group of soft tissue sarcomas. It can arise in various parts of the body, with the skin being the most common site of occurrence, particularly on the scalp of elderly individuals. The disease progresses rapidly, and its prognosis is poor, with a five‑year survival rate of approximately 10%. Currently, when chemoradiotherapy or radiotherapy is difficult to administer, no established treatment options exist that provide effective local control, and there is a strong need for new therapies capable of achieving higher local control rates. According to statistics from the Rare Cancer Center of the National Cancer Center, the estimated number of angiosarcoma patients in Japan is approximately 390 per year, and the disease is classified as a rare disease.

Given this situation, the Drug was designated as an orphan drug by the MHLW in December 2023 for the treatment of unresectable cutaneous angiosarcoma. The orphan drug designation is a system designed to promote the research and development of treatments for rare diseases affecting fewer than 50,000 patients in Japan. Under this designation, the Drug has been granted various incentives, including eligibility for government research funding. In addition, orphan drug designation allows the product to undergo priority review during the regulatory approval process, enabling a shorter review period compared with standard pharmaceuticals.

We remain committed to making BNCT available as a new treatment option for patients suffering from cancer as soon as possible, and we will continue to advance our efforts toward this goal.

*1 Single-arm trial
A single-arm trial is a clinical trial in which all participants are treated with the same treatment without dividing them into multiple groups for comparison.

*2 Central Imaging Review
In pharmaceutical clinical trials, central imaging review refers to a method of evaluating efficacy and safety through an independent review organization (central review body), to ensure objectivity and consistency in image assessments.

*3 Confidence Interval A statistical range within which the true value of a measured effect is expected to lie with a given level of confidence (e.g. 90% CI: 22.2–77.8%).

*4 Progression-free survival Progression-free survival is one indicator to measure the effectiveness of cancer treatment. It shows the period after treatment until progression or recurrence of cancer, or the time until the death of the patient.