Report · Oncology: bispecific antibodies

Oncology bispecific antibodies

PD-(L)1 x VEGF drugs lead a China-driven boom

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Industry
Pharmaceuticals
Period
Registry snapshot 2026-09-27; trial starts 2020 to September 2026
Cited records
39
Reading time
6 min

Bispecific antibody trials in cancer grew more than fivefold between 2020 and 2025, and studies with a China site now outnumber those with a US site. PD-(L)1 x VEGF bispecifics that originated in China are the biggest single cluster, while T-cell engagers keep expanding in blood cancers and are now entering solid tumours.

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

3 series · 18 observations · 2020 to 2025
Bispecific trial starts grew fivefold, led by studies with a China siteBispecific trial starts grew fivefold, led by studies with a China site. 3 series on one axis: All studies, With a US site, With a China site. 18 observations from 2020 to 2025, ranging from 23 to 317. Latest values: All studies 317 (2025); With a US site 117 (2025); With a China site 153 (2025). 0 100 200 300 400 2020 2021 2022 2023 2024 2025 All studies With a US site With a China site
Bispecific trial starts grew fivefold, led by studies with a China siteBispecific trial starts grew fivefold, led by studies with a China site. 3 series on one axis: All studies, With a US site, With a China site. 18 observations from 2020 to 2025, ranging from 23 to 317. Latest values: All studies 317 (2025); With a US site 117 (2025); With a China site 153 (2025). 0 100 200 300 400 2020 2021 2022 2023 2024 2025 All studies With a US site With a China site
Bispecific trial starts grew fivefold, led by studies with a China siteBispecific trial starts grew fivefold, led by studies with a China site. 3 series on one axis: All studies, With a US site, With a China site. 18 observations from 2020 to 2025, ranging from 23 to 317. Latest values: All studies 317 (2025); With a US site 117 (2025); With a China site 153 (2025). 0 100 200 300 400 2020 2021 2022 2023 2024 2025 All studies With a US site With a China site
View the underlying data
Bispecific trial starts grew fivefold, led by studies with a China site
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
Source: ClinicalTrials.gov · CC BY 4.0 · statorigin.org

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

8 entries
PD-(L)1 x VEGF bispecifics are the largest cluster of new trialsPD-(L)1 x VEGF bispecifics are the largest cluster of new trials. 8 categories, highest is PD-(L)1 x VEGF bispecifics (all) at 204. Tarlatamab (DLL3 x CD3) Amivantamab (EGFR x MET) Pumitamig / BNT327 (PD-L1 x VEGF) BCMA x CD3 T-cell engagers CD20 x CD3 T-cell engagers Ivonescimab (PD-1 x VEGF) Cadonilimab (PD-1 x CTLA-4) PD-(L)1 x VEGF bispecifics (all) 30 32 36 99 142 153 184 204
PD-(L)1 x VEGF bispecifics are the largest cluster of new trialsPD-(L)1 x VEGF bispecifics are the largest cluster of new trials. 8 categories, highest is PD-(L)1 x VEGF bispecifics (all) at 204. Tarlatamab (DLL3 x CD3) Amivantamab (EGFR x … Pumitamig / BNT327 (P… BCMA x CD3 T-cell eng… CD20 x CD3 T-cell enga… Ivonescimab (PD-1 x V… Cadonilimab (PD-1 x CT… PD-(L)1 x VEGF bispecif… 30 32 36 99 142 153 184 204
PD-(L)1 x VEGF bispecifics are the largest cluster of new trialsPD-(L)1 x VEGF bispecifics are the largest cluster of new trials. 8 categories, highest is PD-(L)1 x VEGF bispecifics (all) at 204. Tarlatamab (DLL3 x CD3) Amivantamab (EGFR x MET) Pumitamig / BNT327 (PD-L1 x VEGF) BCMA x CD3 T-cell engagers CD20 x CD3 T-cell engagers Ivonescimab (PD-1 x VEGF) Cadonilimab (PD-1 x CTLA-4) PD-(L)1 x VEGF bispecifics (all) 30 32 36 99 142 153 184 204
View the underlying data
PD-(L)1 x VEGF bispecifics are the largest cluster of new trials
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
Source: ClinicalTrials.gov · CC BY 4.0 · statorigin.org

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

6 entries
Lung cancer and lymphoma lead new bispecific trialsLung cancer and lymphoma lead new bispecific trials. 6 categories, highest is Lung cancer at 194. Breast cancer Liver or biliary cancer Multiple myeloma Gastric, oesophageal or colorectal c… Lymphoma Lung cancer 51 60 132 156 184 194
Lung cancer and lymphoma lead new bispecific trialsLung cancer and lymphoma lead new bispecific trials. 6 categories, highest is Lung cancer at 194. Breast cancer Liver or biliary cancer Multiple myeloma Gastric, oesophageal or … Lymphoma Lung cancer 51 60 132 156 184 194
Lung cancer and lymphoma lead new bispecific trialsLung cancer and lymphoma lead new bispecific trials. 6 categories, highest is Lung cancer at 194. Breast cancer Liver or biliary cancer Multiple myeloma Gastric, oesophageal or colorectal cancer Lymphoma Lung cancer 51 60 132 156 184 194
View the underlying data
Lung cancer and lymphoma lead new bispecific trials
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
Source: ClinicalTrials.gov · CC BY 4.0 · statorigin.org

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.

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.

Cited statistics in this report
Figure Indicator Region Value Period Basis Source Record
Registered interventional oncology bispecific antibody trials Registered interventional oncology bispecific antibody trials Global 1,525 as of 27 Sep 2026 actual ClinicalTrials.gov STO-R875DZV440-7J033ANPQJ-WY99R9
Active oncology bispecific antibody trials Active oncology bispecific antibody trials Global 1,109 as of 27 Sep 2026 actual ClinicalTrials.gov STO-9BSGEKK7CJ-1V8AW4DBVJ-TW3PZ2
Phase 3 oncology bispecific antibody trials Phase 3 oncology bispecific antibody trials Global 160 as of 27 Sep 2026 actual ClinicalTrials.gov STO-FT5S2411XC-K5XSW3EGB3-MWNS4T
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 985 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-AFA6D7BH4G-E0D9J7E5WJ-FC7FA7
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 489 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-3S3BC59E5S-Q2KHM84PB8-H3M6FW
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 352 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-C861SHKD54-8CXPSF2GJP-0QR2R0
Trial starts since 2023: PD-(L)1 x VEGF bispecifics (all) Trial starts since 2023: PD-(L)1 x VEGF bispecifics (all) Global 204 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-530HYND22F-C5MZW55ZWD-DKF9Q9
Trial starts since 2023: Ivonescimab (PD-1 x VEGF) Trial starts since 2023: Ivonescimab (PD-1 x VEGF) Global 153 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-CBSHY92S14-KJAWSYRN57-241KGC
Oncology bispecific antibody trial starts since 2023: Lung cancer Oncology bispecific antibody trial starts since 2023: Lung cancer Global 194 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-02NFBTNM37-SGBFFHNHNJ-JZDN0N
Oncology bispecific antibody trial starts since 2023: Lymphoma Oncology bispecific antibody trial starts since 2023: Lymphoma Global 184 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-7E2838NKBF-4JYVRPBPFK-0ZWAB2
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 61 2020 actual ClinicalTrials.gov STO-Q5VQWV6FYY-HG1ZR2AY89-SBZX8N
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 317 2025 actual ClinicalTrials.gov STO-V6H32PX7QW-HM57SXHEB4-89XVV7
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 23 2020 actual ClinicalTrials.gov STO-VWKJ72W8D7-3TZ9MJ5XP7-734QYB
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 153 2025 actual ClinicalTrials.gov STO-YGXSFDYSK2-VWZKYHGN6S-6YKW26
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 32 2020 actual ClinicalTrials.gov STO-X864M6MH91-JWB99Y97JM-B7N2A7
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 117 2025 actual ClinicalTrials.gov STO-AGPREHF419-PXW3GJY68A-HXKK7V
Bispecific antibody approvals Bispecific antibody approvals China 4 2025 actual DIA STO-VTRXBDTB1N-EFN7JEV4E0-2EV9S9
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 104 2021 actual ClinicalTrials.gov STO-6YP9NGV5B5-PVSMAAQQX0-9J4PVV
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 130 2022 actual ClinicalTrials.gov STO-2YZ4D1Q4FH-3FAJGDRMER-GS86MH
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 189 2023 actual ClinicalTrials.gov STO-SV90FMCVK2-VPESGNGXFZ-DG651D
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts Global 226 2024 actual ClinicalTrials.gov STO-1SNTSEEBGF-MBP5M5DHTR-QPEADG
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 58 2021 actual ClinicalTrials.gov STO-PMW8242E2Y-BZGB378ZT6-RHNGPT
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 64 2022 actual ClinicalTrials.gov STO-Y31KCN1Q7K-RKRFXPBNTH-X0M6Z4
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 62 2023 actual ClinicalTrials.gov STO-2VWHPAXTKT-Z11ZAG5Y5B-XGP9S7
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts United States 78 2024 actual ClinicalTrials.gov STO-M55G39K339-97N3W1018B-WJTQT8
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 41 2021 actual ClinicalTrials.gov STO-8QZ64SZQ5Z-CRF55E32JE-82C8K6
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 64 2022 actual ClinicalTrials.gov STO-HHVZ5B8ANV-A8HZPG20VF-JPAJCK
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 105 2023 actual ClinicalTrials.gov STO-7E8EGSQ69Y-RENZDYGERQ-MESSY1
Oncology bispecific antibody trial starts Oncology bispecific antibody trial starts China 119 2024 actual ClinicalTrials.gov STO-X0AKGWJW8C-X33N75P1N4-9Y8BJB
Trial starts since 2023: Pumitamig / BNT327 (PD-L1 x VEGF) Trial starts since 2023: Pumitamig / BNT327 (PD-L1 x VEGF) Global 36 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-19J0Q85JDY-GRT31VH1T6-27ACTP
Trial starts since 2023: Cadonilimab (PD-1 x CTLA-4) Trial starts since 2023: Cadonilimab (PD-1 x CTLA-4) Global 184 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-F6TZ0DEJYZ-6TRJC4VSGH-12EBW1
Trial starts since 2023: CD20 x CD3 T-cell engagers Trial starts since 2023: CD20 x CD3 T-cell engagers Global 142 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-WJ4EJM55D4-HXSVPEVHE3-6QP1CJ
Trial starts since 2023: BCMA x CD3 T-cell engagers Trial starts since 2023: BCMA x CD3 T-cell engagers Global 99 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-A8VGQ67Q2Q-G31PNAQR9D-PYSS7A
Trial starts since 2023: Tarlatamab (DLL3 x CD3) Trial starts since 2023: Tarlatamab (DLL3 x CD3) Global 30 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-MD1W4R4NTQ-SCX8DJM3DF-03ZS1H
Trial starts since 2023: Amivantamab (EGFR x MET) Trial starts since 2023: Amivantamab (EGFR x MET) Global 32 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-M7MV15M78A-N71BXQ40MN-NGFZWW
Oncology bispecific antibody trial starts since 2023: Multiple myeloma Oncology bispecific antibody trial starts since 2023: Multiple myeloma Global 132 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-3565R5JCNF-DN5RF46J21-8AWGB2
Oncology bispecific antibody trial starts since 2023: Gastric, oesophageal or colorectal cancer Oncology bispecific antibody trial starts since 2023: Gastric, oesophageal or colorectal cancer Global 156 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-Z5NARY8T2R-0MRQG6K448-3CDZJB
Oncology bispecific antibody trial starts since 2023: Liver or biliary cancer Oncology bispecific antibody trial starts since 2023: Liver or biliary cancer Global 60 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-P8FDYVFTT7-2ZB5HW76EK-FAA0BN
Oncology bispecific antibody trial starts since 2023: Breast cancer Oncology bispecific antibody trial starts since 2023: Breast cancer Global 51 1 Jan 2023 to 27 Sep 2026 actual ClinicalTrials.gov STO-H5ED4V5S60-FFPXH0V5MX-03F9JZ

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.