tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Xilio Therapeutics Initiates Phase 2 Trial for XTX301

Story Highlights
Xilio Therapeutics Initiates Phase 2 Trial for XTX301

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Xilio Therapeutics ( (XLO) ) has issued an announcement.

On September 9, 2025, Xilio Therapeutics announced the initiation of Phase 2 of its clinical trial for efarindodekin alfa (XTX301), a tumor-activated IL-12, as a monotherapy for advanced solid tumors. This milestone, achieved under a license agreement with Gilead Sciences, also included a $17.5 million development milestone, extending Xilio’s cash runway into early 2027. The Phase 1 trial data showed promising anti-tumor activity and a well-tolerated safety profile, supporting further clinical validation of Xilio’s proprietary technology.

The most recent analyst rating on (XLO) stock is a Buy with a $2.00 price target. To see the full list of analyst forecasts on Xilio Therapeutics stock, see the XLO Stock Forecast page.

Spark’s Take on XLO Stock

According to Spark, TipRanks’ AI Analyst, XLO is a Neutral.

Xilio Therapeutics receives a moderate score due to a mix of promising strategic partnerships and ongoing financial challenges. The partnership with AbbVie is a notable positive, providing potential financial and strategic benefits. However, the company’s current lack of profitability and negative cash flow impact the overall evaluation. Technical analysis indicates short-term momentum, but longer-term trends remain a concern. The valuation reflects the company’s current unprofitability.

To see Spark’s full report on XLO stock, click here.

More about Xilio Therapeutics

Xilio Therapeutics is a clinical-stage biotechnology company focused on discovering and developing tumor-activated immuno-oncology therapies aimed at improving outcomes for cancer patients without the systemic side effects of current treatments. The company leverages its proprietary platform to advance a pipeline of novel, tumor-activated molecules designed to optimize therapeutic efficacy within the tumor microenvironment.

Average Trading Volume: 405,821

Technical Sentiment Signal: Sell

Current Market Cap: $36.27M

Find detailed analytics on XLO stock on 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