Job Cuts As Polyphor Focuses On First-In-Class Anticancer

And Cystic Fibrosis Antibiotic

Switzerland’s Polyphor has redefined its business strategy and is aiming to become a leaner organization, with a potential first-in-class immuno-oncologic, balixafortide, in late-stage clinical development for breast cancer.  

Map_Allschwil_Switzerland
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After a Phase III new antibiotic program disappointment last year, Allschwil, Switzerland-based Polyphor Ltd. is refocusing its research efforts on a potential first-in-class immuno-oncology compound, while becoming a leaner organization with the loss of around 17 positions.

With current funds, Polyphor’s cash runway will last until the end of the first quarter of 2021, executives at the Swiss SIX Exchange-quoted company told an analyst briefing on 20...

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