Pyxis Oncology Receives FDA Clearance for Two IND Applications

(24/7 MARKET NEWS) – Pyxis Oncology, Inc. (Nasdaq: PYXS) announced, this morning, that it received FDA clearance for its two Investigational New Drug (IND) to initiate Phase 1 clinical trials. PYX-201, a novel antibody-drug conjugate (ADC) product candidate, will be investigated for the potential treatment of several solid tumors, including breast, head and neck, lung, and thyroid cancer. PYX-106, an immunotherapy product candidate, will be investigated for the potential treatment of solid tumors, including bladder, cholangio-carcinoma, colorectal, and kidney cancer.

Pyxis is trading in this morning’s premarket at $1.56, up $0.11 (+7.59%), on nearly 1.5 million shares.

Its 52-week range is $ 1.34 to $12.61, with its next inflection points at $1.60, $1.65, $1.71 and $1.81.

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