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Pyxis Oncology raises up to $114M to advance MICVO cancer treatment through key clinical milestones.

Company Fundamentals
30 Jun 2026
GlobeNewsWire
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Bullish
Pyxis Oncology raises up to $114M to advance MICVO cancer treatment through key clinical milestones.

Pyxis Oncology secured up to $114 million through a private placement led by BVF Partners to fund the development of its cancer drug MICVO. The financing will extend the company's cash runway into Q2 2027, supporting ongoing trials for head and neck squamous cell carcinoma. Updated Phase 1 monotherapy data is expected in Fall 2026, with combination therapy data due in Q4 2026. This funding strengthens Pyxis's ability to advance MICVO toward regulatory and clinical milestones, aiming to improve treatment for difficult cancers.

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