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Zenas BioPharma (ZBIO) pipeline and stated timing

Pipeline at a glance

ProgramEventStageStated timingFiling
ZB021/data readoutStage not statedyear-end 20268-K ·
obexelimabTopline/data readoutPhase 2fourth quarter of 20268-K ·
obexelimab target date (company stated)PDUFAMay 27, 20278-K ·
ZB021Topline/data readoutStage not stated20278-K ·

Source: ORION, orionbiotechai.com/company/ZBIO, data as of Oct 13, 2026
https://www.orionbiotechai.com/company/ZBIO

Nearest upcoming stated timing: ZB021 · Topline/data readout · year-end 2026

SEC sources last checked .

Programs and stated timing

○ Quote matched to filing (not yet reviewed by founder) · ✓ Checked by founder.

obexelimab

Matched

Topline/data readoutfourth quarter of 2026

Stage: Phase 2SEC filing · “Phase 2; Phase 2”

Public float: $259,300,000 · as of · SEC filing

Phase 2 SunStone trial in Systemic Lupus Erythematosus (SLE) topline results expected in 4Q 2026: Zenas anticipates reporting topline overall and biomarker population results in the fourth quarter of 2026.

8-K · Filed · Last checked

Source details

Accession 0001104659-26-095437

Topline/data readout2027

Stage: Not stated

Public float: $259,300,000 · as of · SEC filing

Upon completion and evaluation of the SAD and MAD study, Zenas plans to initiate a proof-of-concept (POC) trial in North America to evaluate clinical activity and safety in psoriasis patients with results anticipated in 2027.

8-K · Filed · Last checked

Source details

Accession 0001104659-26-095437

How this date was described over time

Company periods and sentences are quoted as written. A matching disclosure uses the SEC filing date for the same program and event type. As of .

Program / eventStated period and SEC wordingDisclosure in stated period
obexelimabFDA decisionMay 27, 2027
“The BLA has a Prescription Drug User Fee Act (PDUFA) target action date of May 27, 2027.”

Filed · EX-99.1

Period not started

The stated period has not started yet, so there is nothing to compare.

obexelimabClinical resultsfourth quarter of 2026
“Phase 2 SunStone trial in Systemic Lupus Erythematosus (SLE) topline results expected in 4Q 2026: Zenas anticipates reporting topline overall and biomarker population results in the fourth quarter of 2026.”

Filed · EX-99.1

Still within period

As of Oct 19, 2026

ZB021Clinical results2027
“Upon completion and evaluation of the SAD and MAD study, Zenas plans to initiate a proof-of-concept (POC) trial in North America to evaluate clinical activity and safety in psoriasis patients with results anticipated in 2027.”

Filed · EX-99.1

Period not started

The stated period has not started yet, so there is nothing to compare.

ZB021Clinical resultsyear-end 2026
“These data are expected by year-end 2026.”

Filed · EX-99.1

Still within period

As of Oct 19, 2026

obexelimabClinical resultsfourth quarter 2026
“we expect to report topline results, including biomarker data, in the fourth quarter 2026.”

Filed · 10-Q

Not compared

ORION has no confirmed start and end dates for this wording, so it is not compared with filings.

obexelimabClinical resultsfourth quarter of 2026
“In April 2026, we completed enrollment in the SunStone trial and expect to report topline results, including biomarker data, in the fourth quarter of 2026.”

Filed · 10-Q

Still within period

As of Oct 19, 2026

obexelimabClinical results 2026
“Enrollment completed in Phase 2 SunStone trial in Systemic Lupus Erythematosus (SLE) and topline results expected in 4Q 2026”

Filed · EX-99.1

Not compared

ORION has no confirmed start and end dates for this wording, so it is not compared with filings.

obexelimabClinical resultsfourth quarter of 2026
“Zenas anticipates reporting topline overall and biomarker population results in the fourth quarter of 2026.”

Filed · EX-99.1

Still within period

As of Oct 19, 2026

ZB021Clinical results2027
“Upon completion and evaluation of the SAD and MAD study, Zenas plans to initiate a proof-of-concept (POC) trial in North America to evaluate clinical activity and safety in psoriasis patients with results anticipated in 2027.”

Filed · EX-99.1

Period not started

The stated period has not started yet, so there is nothing to compare.

ZB021Clinical resultsyear-end 2026
“These data are expected by year-end 2026.”

Filed · EX-99.1

Still within period

As of Oct 19, 2026

obexelimabClinical resultsfourth quarter of 2026
“we expect to report topline results, including biomarker data, in the fourth quarter of 2026.”

Filed · 10-K

Still within period

As of Oct 19, 2026

obexelimabClinical resultsfourth quarter of 2026
“We expect to report data on the primary endpoint at 24 weeks and biomarker data in the fourth quarter of 2026.”

Filed · 10-K

Still within period

As of Oct 19, 2026

obexelimabClinical resultsfourth quarter 2026
“we expect to report topline results, including biomarker data, in the fourth quarter 2026.”

Filed · 10-K

Not compared

ORION has no confirmed start and end dates for this wording, so it is not compared with filings.

obexelimabClinical resultsfourth quarter of 2026
“We expect to report topline results, including biomarker data, from the SunStone trial, including biomarker data, in the fourth quarter of 2026.”

Filed · 10-K

Still within period

As of Oct 19, 2026

obexelimabClinical resultsmid-2026
“We expect to complete enrollment in the SunStone trial by year-end 2025 and to report topline results from the SunStone trial in mid-2026.”

Filed · 10-Q

Not compared

ORION has no confirmed start and end dates for this wording, so it is not compared with filings.

“Not compared” means ORION has not matched this wording against a complete set of SEC filings for its period. It says nothing either way about whether a matching filing exists. Wording without exact dates is not given calendar dates.

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Reading these records

First stated window
The timing wording in the earliest company statement located within the sources checked, quoted as written (for example “2H 2026”). An earlier statement may exist outside those sources.
Disclosure date
The date of the filing or company release that disclosed the readout. “None found” means no such disclosure was located in the sources checked. SEC filings were searched through the “SEC filings searched through” date shown.
1H, 2H, 1Q–4Q
First or second half, or first to fourth quarter, of the year named, as the company wrote it. Equivalent notations are compared together; the original wording stays visible.
SEC original
The filing as published on the SEC EDGAR system. “Company original” is the release on the company's own investor site.
Status
One of seven labels set by founder review of the original filings. Definitions: Methodology.

See ZBIO in the calendar · Review labels and methodology

Topline results are the main summary results of a clinical trial, released before the full data.A PDUFA date is the target date by which the FDA aims to decide on a drug or biologic application.Q1–Q4 (also written 1Q–4Q) are quarters of the year: Q1 is January–March, Q2 April–June, Q3 July–September and Q4 October–December, unless the company uses a different fiscal year.