tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lytix Biopharma’s Ruxotemitide Shows Promising Results in Cancer Immunotherapy

Story Highlights
Lytix Biopharma’s Ruxotemitide Shows Promising Results in Cancer Immunotherapy

Claim 70% Off TipRanks Premium

Lytix Biopharma AS ( (DE:6BG) ) has issued an announcement.

Lytix Biopharma announced promising immune response data for ruxotemitide, presented at the SITC Annual Meeting, highlighting its potential in treating basal cell carcinoma (BCC). The Phase II study by Verrica Pharmaceuticals showed significant immune activation and tumor response, reinforcing ruxotemitide’s role in transforming immune-suppressed tumors into active ones. This supports Lytix’s confidence in their oncolytic immunotherapy platform, with plans for further development in BCC and other cancers.

More about Lytix Biopharma AS

Based in Oslo, Norway, Lytix Biopharma is a clinical-stage biotech company specializing in oncolytic molecule platforms derived from host-defense peptides. Their lead product, ruxotemitide, is a first-in-class oncolytic molecule aimed at maintaining durable anti-cancer immunity, with a pipeline that spans multiple cancer indications and treatment settings.

YTD Price Performance: 60.54%

Average Trading Volume: 44,667

Current Market Cap: NOK644.4M

For detailed information about 6BG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1