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Pyxis Oncology Announces Portfolio Prioritization, Focusing Resources on its Lead Clinical Program, PYX-201
GlobeNewswire· 2024-12-19 21:08
Core Viewpoint - Pyxis Oncology is prioritizing its lead asset, PYX-201, a novel antibody-drug conjugate (ADC) targeting difficult-to-treat cancers, particularly head and neck squamous cell carcinoma (HNSCC) [1][8] Group 1: PYX-201 Development - PYX-201 has shown significant RECIST responses in HNSCC, with a confirmed 50% objective response rate (ORR) in a Phase 1 trial [2] - The drug achieved a disease control rate (DCR) of 100% in a small cohort of heavily pretreated patients [2] - Across six solid tumor types, PYX-201 achieved a 26% ORR, indicating potential for further development in both monotherapy and combination therapy settings [3] Group 2: Clinical Trials and Future Plans - The company plans to initiate patient dosing for both monotherapy and combination therapy trials in early 2025, including a frontline HNSCC study in combination with pembrolizumab [3][4] - Preliminary data from ongoing dose expansion studies is expected in the second half of 2025 and the first half of 2026 [4] Group 3: Financial Outlook - The current cash position is projected to fund the development of PYX-201 into the second half of 2026 [9] Group 4: Pipeline Prioritization - The company has deprioritized its second clinical program, PYX-106, to focus resources on advancing PYX-201 [6][8] - PYX-106 was observed to be generally safe and well-tolerated, but further clinical investment has been suspended [7][8]
Pyxis Oncology's Cancer Drug Progress Stirs Analyst Concerns
Benzinga· 2024-11-21 14:18
On Wednesday, Pyxis Oncology, Inc. PYXS released preliminary data from the ongoing Phase 1 clinical dose escalation study evaluating PYX-201 in multiple solid tumors.Among evaluable Head and Neck Squamous Cell Carcinoma (HNSCC) patients treated at an identified dose range of PYX-201 from 3.6 – 5.4 mg/kg (n=6), a confirmed 50% objective response rate (ORR) was observed, including one confirmed complete response (CR) and two confirmed partial responses (PR).The company additionally announced a Clinical Trial ...
Pyxis Oncology Announces Favorable Preliminary PYX-201 Clinical Phase 1 Part 1 Data
GlobeNewswire News Room· 2024-11-20 21:05
— PYX-201 achieved a confirmed 50% ORR by RECIST 1.1 including one Complete Response and 100% Disease Control Rate in six heavily pretreated HNSCC patients, supporting differentiated mono and front-line combo therapy expansion trials to begin dosing 1Q25 — Overall, 26% ORR across all six Solid Tumor Types of Interest (n=31) with Dose Dependent Responses Observed, Supporting First-In-Concept Mechanism with Novel Extracellular Targeting ADC — New Clinical Trial Collaboration Agreement with Merck (known as MSD ...
Pyxis Oncology(PYXS) - 2024 Q3 - Quarterly Report
2024-11-12 12:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40881 | --- | --- | |----------------------------------------------------------------------------|------------------------------------------| | Pyxis Oncology, ...
Pyxis Oncology's Cancer Drug Platform Shows Potential, Analyst Sees Over 190% Upside
Benzinga· 2024-11-08 18:30
Core Insights - Stephens has initiated coverage on Pyxis Oncology Inc, emphasizing the company's technology platform for next-gen antibody-drug conjugates (ADCs) with improved potency, stability, and tolerability [1] - The lead drug, PYX-201, targets Extradomain-B Fibronectin (EDB+FN) in tumor stroma and delivers a toxic payload into the tumor microenvironment [1] - The analyst has given an Overweight rating with a price target of $13 [1] ADC Technology Potential - The ADC technology has demonstrated strong potential, with recent successes enhancing confidence in market growth [2] - Pyxis has shown that proteases and acidic conditions in the tumor stroma can effectively break down the payload linker, similar to cellular absorption processes [2] Clinical Trial Updates - The company is set to announce results from the first phase of its human clinical trial for PYX-201, which targets various solid tumors, with updates expected this month [3] - Positive results, including partial or complete responses and a favorable safety profile at doses above 3.6 mg/kg, are anticipated [3] Financial Position - As of June 30, 2024, Pyxis Oncology reported cash and cash equivalents of $157.2 million, which includes restricted cash and short-term investments [4] - The current financial resources are projected to fund operations into the second half of 2026 [4] - The stock price of PYXS was noted at $4.42, reflecting a 12.2% change at the last check [4]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Pyxis Oncology, Inc. (NASDAQ:PYXS)
Prnewswire· 2024-09-25 23:15
NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Pyxis Oncology, Inc. (NASDAQ:PYXS) concerning possible breaches of fiduciary duty. To obtain additional information, go to: https://zlk.com/compensation2/pyxis-oncology-inc-lawsuit-submission-form or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500. There is no cost or obligation to you. Levi & Korsinsky is a nationally recognized firm with offices ...
Moment Of Truth Approaches For Pyxis Oncology
Seeking Alpha· 2024-09-13 11:08
RapidEye/iStock via Getty Images Pyxis Oncology (NASDAQ:PYXS) is an antibody and antibody-drug conjugate (ADC) developer that I covered back in March. At that time, I rated it a hold, as the company had the funds it needed to run its trials, but there was no near-term clinical catalyst. This article looks at updates from the company and the near-term catalyst of PYX-201 data. The clinical timeline While I lamented slippage to the timeline of clinical readouts in my previous article on PYXS, the timeline for ...
Pyxis Oncology to Participate in Two Upcoming Investor Conferences
GlobeNewswire News Room· 2024-08-29 11:30
BOSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pyxis Oncology, Inc. (Nasdaq: PYXS), a clinical stage company focused on developing next generation therapeutics to target difficult-to-treat cancers, today announced that Lara S. Sullivan, M.D., President and Chief Executive Officer, will participate in fireside chats and members of management will participate in one-on-one meetings at the following two upcoming investor conferences: Morgan Stanley 22nd Annual Global Healthcare Conference in New York, NY, on Septem ...
Pyxis Oncology(PYXS) - 2024 Q2 - Quarterly Report
2024-08-14 20:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-40881 | --- | --- | |----------------------------------------------------------------------------|------------------------------------------| | | | | | | | Pyxis On ...
Pyxis Oncology(PYXS) - 2024 Q2 - Quarterly Results
2024-08-14 20:19
Pyxis Oncology Provides Corporate Update and Reports Financial Results for Second Quarter 2024 - Preliminary data from the Phase 1 trial of PYX-201 remains on track to be announced in the fall of 2024 - Preliminary data from the Phase 1 trial of PYX-106 is expected to be reported by year-end 2024 - Expected cash runway into 2H 2026 BOSTON, Mass., August 14, 2024 – Pyxis Oncology, Inc. (Nasdaq: PYXS), a clinical stage company focused on developing next generation therapeutics to target difficult-to-treat can ...