Key findings
- ClinicalTrials.gov lists 1,525 1 interventional oncology studies of bispecific antibodies; 1,109 2 are active and 160 3 are Phase 3.
- 985 4 started between January 2023 and September 2026: 489 5 with a China site and 352 6 with a US site.
- PD-(L)1 x VEGF bispecifics account for 204 7 of the studies started since 2023, led by Akeso's ivonescimab (153 8).
- Lung cancer (194 9) and lymphoma (184 10) are the largest indications among new studies.
Momentum: fivefold growth, mostly from China
Oncology bispecific trial starts rose from 61 11 in 2020 to 317 12 in 2025. Studies with a China site grew from 23 13 to 153 14; studies with a US site grew from 32 15 to 117 16. The two lines were level in 2022, and the China line has been above the US line every year since 2023.
Much of the growth is investigator-initiated. Chinese hospitals run many studies combining approved domestic bispecifics, such as ivonescimab and cadonilimab, with chemotherapy or other drugs. That gives developers cheap early evidence across many tumour types, but it also scatters effort. China approved 4 bispecific antibodies in 2025 17.
Bispecific trial starts grew fivefold, led by studies with a China site
Interventional oncology bispecific antibody studies by start year; a study with sites in both countries counts in both lines
View the underlying data
| Series | Period | Type | Value |
|---|---|---|---|
| All studies | 2025 | Actual | 317 |
| All studies | 2024 | Actual | 226 |
| All studies | 2023 | Actual | 189 |
| All studies | 2022 | Actual | 130 |
| All studies | 2021 | Actual | 104 |
| All studies | 2020 | Actual | 61 |
| With a US site | 2025 | Actual | 117 |
| With a US site | 2024 | Actual | 78 |
| With a US site | 2023 | Actual | 62 |
| With a US site | 2022 | Actual | 64 |
| With a US site | 2021 | Actual | 58 |
| With a US site | 2020 | Actual | 32 |
| With a China site | 2025 | Actual | 153 |
| With a China site | 2024 | Actual | 119 |
| With a China site | 2023 | Actual | 105 |
| With a China site | 2022 | Actual | 64 |
| With a China site | 2021 | Actual | 41 |
| With a China site | 2020 | Actual | 23 |
Live registry counts retrieved 2026-09-27. Studies registered only outside ClinicalTrials.gov, including many China-only trials, are not counted.
Competitive landscape: two families
Immune-modulating bispecifics. PD-(L)1 x VEGF drugs appear in 204 7 studies started since 2023. Ivonescimab accounts for 153 8 and pumitamig (BNT327, co-developed by BioNTech and Bristol Myers Squibb since June 2025, BioNTech) for 36 30. Pfizer's PF-08634404, licensed from 3SBio in May 2025 (Pfizer), is another. Akeso's PD-1 x CTLA-4 bispecific cadonilimab appears in 184 31 studies. Ivonescimab was approved in China in May 2024. Summit Therapeutics holds the rights in the US, Canada, Europe, Japan, Latin America, the Middle East and Africa (Summit) and is testing it head-to-head against pembrolizumab.
T-cell engagers. CD20 x CD3 engagers (epcoritamab, glofitamab, mosunetuzumab, odronextamab) appear in 142 32 new studies and BCMA x CD3 engagers in 99 33. Tarlatamab, the first DLL3 T-cell engager for small cell lung cancer, appears in 30 34. The EGFR x MET antibody amivantamab appears in 32 35.
The two families are starting to meet. New Phase 3 designs combine PD-(L)1 x VEGF drugs with ADCs, such as ivonescimab with enfortumab vedotin, or pair bispecific ADCs with them.
PD-(L)1 x VEGF bispecifics are the largest cluster of new trials
Interventional studies started since January 2023, by asset or class; a study can count in more than one bar
View the underlying data
| Category | Source | Type | Value |
|---|---|---|---|
| PD-(L)1 x VEGF bispecifics (all) | ClinicalTrials.gov | Actual | 204 |
| Cadonilimab (PD-1 x CTLA-4) | ClinicalTrials.gov | Actual | 184 |
| Ivonescimab (PD-1 x VEGF) | ClinicalTrials.gov | Actual | 153 |
| CD20 x CD3 T-cell engagers | ClinicalTrials.gov | Actual | 142 |
| BCMA x CD3 T-cell engagers | ClinicalTrials.gov | Actual | 99 |
| Pumitamig / BNT327 (PD-L1 x VEGF) | ClinicalTrials.gov | Actual | 36 |
| Amivantamab (EGFR x MET) | ClinicalTrials.gov | Actual | 32 |
| Tarlatamab (DLL3 x CD3) | ClinicalTrials.gov | Actual | 30 |
Live registry counts retrieved 2026-09-27. Name and code matching can miss studies registered under other identifiers.
Indications: solid tumours are catching up with blood cancers
Lung cancer was listed in 194 9 bispecific studies started since 2023, lymphoma in 184 10 and multiple myeloma in 132 36. Gastrointestinal cancers (156 37), liver and biliary cancers (60 38) and breast cancer (51 39) follow.
T-cell engagers built the class in lymphoma and myeloma. The growth now comes from solid tumours, driven by PD-(L)1 x VEGF drugs in lung, gastrointestinal and liver cancer, and by DLL3 engagers in small cell lung cancer.
Lung cancer and lymphoma lead new bispecific trials
Interventional studies started since January 2023, by condition; a study can count in more than one bar
View the underlying data
| Category | Source | Type | Value |
|---|---|---|---|
| Lung cancer | ClinicalTrials.gov | Actual | 194 |
| Lymphoma | ClinicalTrials.gov | Actual | 184 |
| Gastric, oesophageal or colorectal cancer | ClinicalTrials.gov | Actual | 156 |
| Multiple myeloma | ClinicalTrials.gov | Actual | 132 |
| Liver or biliary cancer | ClinicalTrials.gov | Actual | 60 |
| Breast cancer | ClinicalTrials.gov | Actual | 51 |
Live registry counts retrieved 2026-09-27. Name and code matching can miss studies registered under other identifiers.
Approvals
- Lynozyfic (linvoseltamab, BCMA x CD3), approved 2 July 2025 (BLA 761400)
- Ziihera (zanidatamab, HER2 biparatopic), 20 November 2024 (BLA 761416)
- Imdelltra (tarlatamab, DLL3 x CD3), 16 May 2024 (BLA 761344)
- Elrexfio (elranatamab) and Talvey (talquetamab), August 2023 (BLA 761345, BLA 761342)
- Columvi (glofitamab) and Epkinly (epcoritamab), mid-2023 (BLA 761309, BLA 761324)
- Tecvayli (teclistamab), 25 October 2022 (BLA 761291)
No PD-(L)1 x VEGF bispecific has FDA approval yet. The first US filings in that class will set the benchmark every follower is measured against.
What it means for founders and R&D teams
- PD-(L)1 x VEGF is already a big-pharma race. At least four global companies hold assets in late development. A new entrant needs a different design, such as a trispecific, a masked or conditionally active format, or a clear safety advantage.
- T-cell engagers for solid tumours are the harder but less crowded path. The obstacles are finding tumour-selective targets and managing cytokine release. DLL3 showed it can work. Other neuroendocrine and prostate targets are next.
- Use investigator-initiated trials, but control the story. Many of the studies started since 2023 were run by hospitals rather than companies. They are cheap evidence, but scattered combinations can blur the registrational path.
- Licensing is the main exit. The largest recent bispecific deals went to Chinese-origin assets with human proof of concept, often before global Phase 3.
Methodology and limitations
Every trial count is the totalCount of one ClinicalTrials.gov API v2 query, retrieved on 26 September 2026. Each numbered citation opens a record whose source link re-runs the query. The track includes interventional studies in cancer whose record mentions a bispecific antibody by class or by name.
The class term also captures some bispecific ADCs and occasional studies that only mention bispecifics in passing. Site-country counts overlap. China-only trials registered only in Chinese registries are missing. Asset bars count every indication for that asset and a study can count in several bars. Approval dates come from Drugs@FDA; the China approval count is cited to its publisher.
Data behind this report
The industry hubs and indicator series these figures come from. Each page carries the full table, every source and the records this report does not quote.
Industry hubs
Indicator series
- Oncology bispecific antibody trial starts 21
- Active oncology bispecific antibody trials 1
- Bispecific antibody approvals 1
- Oncology bispecific antibody trial starts since 2023: Breast cancer 1
- Oncology bispecific antibody trial starts since 2023: Gastric, oesophageal or colorectal cancer 1
- Oncology bispecific antibody trial starts since 2023: Liver or biliary cancer 1
- Oncology bispecific antibody trial starts since 2023: Lung cancer 1
- Oncology bispecific antibody trial starts since 2023: Lymphoma 1
- Oncology bispecific antibody trial starts since 2023: Multiple myeloma 1
- Phase 3 oncology bispecific antibody trials 1
- Registered interventional oncology bispecific antibody trials 1
- Trial starts since 2023: Amivantamab (EGFR x MET) 1
- Trial starts since 2023: BCMA x CD3 T-cell engagers 1
- Trial starts since 2023: Cadonilimab (PD-1 x CTLA-4) 1
- Trial starts since 2023: CD20 x CD3 T-cell engagers 1
- Trial starts since 2023: Ivonescimab (PD-1 x VEGF) 1
- Trial starts since 2023: PD-(L)1 x VEGF bispecifics (all) 1
- Trial starts since 2023: Pumitamig / BNT327 (PD-L1 x VEGF) 1
- Trial starts since 2023: Tarlatamab (DLL3 x CD3) 1
Sources
Every figure in this report is a published StatOrigin record. The table lists the 39 cited statistics. Sort any column or download CSV. Open a record for APA, MLA, Chicago or BibTeX.
Cite this report
StatOrigin. (2026). Oncology bispecific antibodies: PD-(L)1 x VEGF drugs lead a China-driven boom. https://statorigin.org/reports/oncology-bispecific-antibody-pipeline-2026
Prefer citing the underlying statistic when you only need one figure. Published 26 September 2026 · updated 27 September 2026. Data licence: CC BY 4.0.