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Myotec and Hybrid merge to form PsiOxus

 
• By Simon Varcoe

Myotec Therapeutics and Hybrid Biosystems are to merge to form PsiOxus Therapeutics with £3.6 million in funding from a syndicate led by the former's previous backer Imperial Innovations.

Myotec Therapeutics and Hybrid Biosystems are to merge to form PsiOxus Therapeutics with £3.6 million in funding from a syndicate led by the former's previous backer Imperial Innovations.

PsiOxus will initially focus on the development of Myotec's MT-102, a β-blocker and catabolic/anabolic transforming agent for the treatment of cancer cachexia and sarcopenia, and Hybrid's ColoAd1, an oncolytic virus...

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