Pyxis Oncology unveiled a $152m series B venture capital round on 30 March that will fund advancement of three preclinical antibody-drug conjugates (ADCs) recently acquired from LegoChem Biosciences, Inc. and Pfizer Inc. toward Phase I in 2022. The new funding also will fund its own internal immuno-oncology discovery efforts.
Pyxis’s $152m Series B Will Push Trio Of ADCs Toward Clinic
Pyxis says its three preclinical ADCs, acquired from Pfizer and LegoChem, offer immunomodulatory effects as well as direct killing of tumor cells. It hopes all three will reach Phase I in 2022.
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