By Stephen Nakrosis
Pyxis Oncology said Thursday it will focus resources on its lead asset, PYX-201, which is being studied as a treatment for certain patients with head and neck squamous cell carcinoma, with additional potential in other solid tumors.
The company also said it decided to suspend further clinical investment in PYX-106, which was being studied in a Phase 1 monotherapy trial of patients with advanced solid tumors.
Pyxis said PYX-201 showed significant response evaluation criteria in solid tumors, or Recist, responses in head and neck squamous cell carcinoma. In November, the company said it reported positive preliminary data from the ongoing Phase 1 dose-escalation study of PYX-201, evaluating the treatment's safety and efficacy in multiple solid tumor types.
The portfolio prioritization supports a development plan for PYX-201 in several dose expansion studies, both as monotherapy and in combination, the company added.
Pyxis said its current cash position is expected to fund its planned trials of PYX-201 into the second half of 2026.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 19, 2024 17:06 ET (22:06 GMT)
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