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Friday, May 29, 2020

CytomX presents on Probody platform at ASCO

CytomX Therapeutics (NASDAQ:CTMX) says seven presentations at ASCO provides evidence validating its approach to conditional antibody activation and therapeutic target engagement with the Probody platform.
Underpins advancement of four drug candidates into Phase 2 trials.
Includes presentation of clinical data for CX-2029, a Probody drug conjugate against CD71, a previously undruggable target.
Provides data updates for CX-2009 support Phase 2 investigations into breast cancer.
Reports favorable tolerability profile demonstrated for Anti-PD-L1 and Anti-CTLA-4 Probody therapeutics.
Shares slip 0.8% in premarket trading.
Conference call at 5:00 PM ET.
https://seekingalpha.com/news/3578652-cytomx-presents-on-probody-platform-asco

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