Lixumistat has completed Phase 1 with a clean safety profile and is showing early efficacy in the Phase 1b/2a PDAC trial. ImmunoMet is raising to complete the PDAC study and initiate GBM studies.
Lixumistat is the only clinical-stage OxPhos inhibitor with demonstrated efficacy in pancreatic cancer. Phase 1 is complete with a well-characterised safety profile. Phase 1b/2a is active at MD Anderson with a 50% response rate at the recommended dose.
The current raise funds the path to proof of concept in PDAC and GBM — two data inflection points that position ImmunoMet for partnering, licensing, or a next funding round.