CytomX Therapeutics dosed the first patient with CX-801 combined with KEYTRUDA® in a Phase 1 study for metastatic melanoma.
Quiver AI Summary
CytomX Therapeutics has announced the dosing of the first patient in a Phase 1 dose escalation study of CX-801, a masked, conditionally activated interferon alpha-2b cytokine, combined with Merck’s KEYTRUDA® for treating metastatic melanoma. This approach aims to leverage the immune-stimulating properties of interferon alpha-2b while minimizing systemic toxicity, which has previously limited its use. The study follows successful earlier cohorts that tested CX-801 alone, and it aims to address the significant unmet need in patients who are refractory to PD-1 inhibitors. Dr. Wayne Chu, CytomX's chief medical officer, expressed optimism about this combination therapy's potential benefits. The company is also focused on developing its PROBODY® therapeutic platform for localized cancer treatments and has a robust pipeline that includes other oncology candidates.
Potential Positives
- First patient has been dosed with CX-801 in combination with KEYTRUDA®, marking a significant milestone in the ongoing Phase 1 dose escalation study for metastatic melanoma.
- CX-801 is designed to reduce systemic toxicities associated with interferon alpha-2b, potentially offering a safer treatment option for patients with melanoma.
- The study addresses a high unmet need in patients with PD-1 refractory melanoma, which could lead to important advancements in treatment options for this patient population.
- CytomX's proprietary PROBODY® platform demonstrates the company's innovative approach to enhancing cancer therapies, with potential for broad applicability in immuno-oncology.
Potential Negatives
- The press release includes extensive forward-looking statements highlighting uncertainties and risks associated with CytomX’s clinical development, which could undermine investor confidence.
- The mention of the "unproven nature" of the PROBODY® therapeutic technology may raise concerns over the efficacy and reliability of the company's product candidates.
- The reliance on third parties for manufacturing and potential regulatory challenges adds layers of risk that could impede progress and success in clinical trials.
FAQ
What is CX-801?
What is the Phase 1 study focusing on?
The Phase 1 study evaluates the safety and initial clinical activity of CX-801 combined with KEYTRUDA® in metastatic melanoma patients.
What is the significance of the first patient dosing?
This marks a critical milestone in assessing the potential efficacy of CX-801 against PD-1 refractory melanoma.
How does CX-801 aim to improve treatment tolerability?
CX-801 localizes the immune-stimulating effects of interferon alpha-2b to tumors, reducing systemic toxicities associated with traditional therapies.
Who is CytomX Therapeutics collaborating with?
CytomX has established collaborations with major oncology leaders, including Amgen, Astellas, and Bristol Myers Squibb, to advance their therapeutic pipeline.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CTMX Insider Trading Activity
$CTMX insiders have traded $CTMX stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $CTMX stock by insiders over the last 6 months:
- SEAN A. MCCARTHY (CEO) sold 37,656 shares for an estimated $22,555
- MARCIA BELVIN (SVP, Chief Scientific Officer) sold 19,512 shares for an estimated $11,687
- LLOYD A ROWLAND (General Counsel) sold 10,203 shares for an estimated $6,111
- CHRISTOPHER OGDEN (Chief Financial Officer) sold 8,551 shares for an estimated $5,122
- YU-WAYE CHU (Chief Medical Officer) sold 4,025 shares for an estimated $2,410
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CTMX Hedge Fund Activity
We have seen 26 institutional investors add shares of $CTMX stock to their portfolio, and 47 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JANUS HENDERSON GROUP PLC removed 4,809,518 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $4,953,803
- ADAGE CAPITAL PARTNERS GP, L.L.C. removed 3,000,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $3,090,000
- WOODLINE PARTNERS LP added 1,657,306 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,053,715
- RA CAPITAL MANAGEMENT, L.P. added 1,000,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $635,800
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 861,007 shares (-55.6%) from their portfolio in Q1 2025, for an estimated $547,428
- SCHONFELD STRATEGIC ADVISORS LLC removed 791,468 shares (-57.3%) from their portfolio in Q1 2025, for an estimated $503,215
- GSA CAPITAL PARTNERS LLP added 724,045 shares (+1862.0%) to their portfolio in Q1 2025, for an estimated $460,347
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CTMX Analyst Ratings
Wall Street analysts have issued reports on $CTMX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Piper Sandler issued a "Overweight" rating on 05/15/2025
- H.C. Wainwright issued a "Buy" rating on 05/15/2025
To track analyst ratings and price targets for $CTMX, check out Quiver Quantitative's $CTMX forecast page.
Full Release
SOUTH SAN FRANCISCO, Calif., May 19, 2025 (GLOBE NEWSWIRE) -- CytomX Therapeutics, Inc. (Nasdaq: CTMX), a leader in the field of masked, conditionally activated biologics, today announced that the first patient has been dosed with CX-801 in combination with KEYTRUDA ® (pembrolizumab), Merck’s anti-PD-1 therapy, in the ongoing Phase 1 dose escalation study (NCT06462794) evaluating safety and initial clinical activity in patients with metastatic melanoma.
CX-801 is a dually masked interferon (IFN) alpha-2b PROBODY ® cytokine. CX-801 has been intentionally designed by CytomX to harness the power of Interferon alpha-2b’s immune stimulating properties in combination with checkpoint inhibition. Interferon alpha-2b has well known single agent anti-cancer activity in multiple tumor types, including in melanoma. However, its use has been limited due to its poor tolerability arising from systemic toxicities. CX-801 is designed to localize the potency of IFN alpha-2b to tumors and reduce systemic toxicities, enabling combination strategies.
CytomX is conducting a focused Phase 1 dose escalation study of CX-801 in metastatic melanoma. The combination arm of the study evaluating CX-801 in combination with KEYTRUDA ® has been initiated following successful the clearance of the first three CX-801 monotherapy dose escalation cohorts.
“We are excited to begin evaluating this combination therapy that has the potential to provide significant clinical benefit to patients with PD-1 refractory melanoma, which remains an area of high unmet need,” said Dr. Wayne Chu, M.D., chief medical officer of CytomX Therapeutics. “Utilizing CytomX’s proprietary conditional activation platform to maintain potency and widen interferon’s therapeutic index, CX-801 is well suited to combine with KEYTRUDA ® and could become an important component of combination immuno-oncology therapy. We look forward to initial Phase 1a translational and biomarker data in advanced melanoma in the second half of 2025.”
KEYTRUDA ® is a registered trademark of Merck Sharp & Dohme LLC, a subsidiary of Merck & Co., Inc., Rahway, NJ, USA
About CytomX Therapeutics
CytomX is a clinical-stage, oncology-focused biopharmaceutical company focused on developing novel conditionally activated, masked biologics designed to be localized to the tumor microenvironment. By pioneering a novel pipeline of localized biologics, powered by its PROBODY ® therapeutic platform, CytomX’s vision is to create safer, more effective therapies for the treatment of cancer. CytomX’s robust and differentiated pipeline comprises therapeutic candidates across multiple treatment modalities including antibody-drug conjugates (ADCs), T-cell engagers, and immune modulators such as cytokines. CytomX’s clinical-stage pipeline includes CX-2051 and CX-801. CX-2051 is a masked, conditionally activated ADC directed toward epithelial cell adhesion molecule (EpCAM), armed with a topoisomerase-1 inhibitor payload. CX-2051 has potential applicability across multiple EpCAM-expressing epithelial cancers, including CRC, and was discovered in collaboration with ImmunoGen. CX-801 is a masked interferon alpha-2b PROBODY ® cytokine with broad potential applicability in traditionally immuno-oncology sensitive as well as insensitive (cold) tumors. CytomX has established strategic collaborations with multiple leaders in oncology, including Amgen, Astellas, Bristol Myers Squibb, Regeneron and Moderna. For more information about CytomX and how it is working to make conditionally activated treatments the new standard-of-care in the fight against cancer, visit www.cytomx.com and follow us on LinkedIn and X (formerly Twitter) .
CytomX Therapeutics Forward-Looking Statements
This press release includes forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that are difficult to predict, may be beyond our control, and may cause the actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied in such statements, including those related to CX-801. Accordingly, you should not rely on any of these forward-looking statements, including those relating to the potential benefits, safety and efficacy or progress of CytomX’s or any of its collaborative partners’ product candidates, including CX-801 and CX-2051, the potential benefits or applications of CytomX’s PROBODY ® therapeutic platform, CytomX’s or its collaborative partners’ ability to develop and advance product candidates into and successfully complete clinical trials, including the ongoing and planned clinical trials of CX-801 and CX-2051 and the timing of initial and ongoing data availability for our clinical trials, including CX-801 and CX-2051, and other development milestones. Risks and uncertainties that contribute to the uncertain nature of the forward-looking statements include: the unproven nature of CytomX’s novel PROBODY ® therapeutic technology; uncertainties around the Company’s ability to raise sufficient funds to carry out its planned research and development; CytomX’s clinical trial product candidates are in the initial stages of clinical development and its other product candidates are currently in preclinical development, and the process by which preclinical and clinical development could potentially lead to an approved product is long and subject to significant risks and uncertainties, including the possibility that the results of preclinical research and early clinical trials, including initial CX-801 results, may not be predictive of future results; the possibility that CytomX’s clinical trials will not be successful; the possibility that current preclinical research may not result in additional product candidates; CytomX’s dependence on the success of CX-2051 and CX-801; CytomX’s reliance on third parties for the manufacture of the Company’s product candidates; possible regulatory developments in the United States and foreign countries, including China and the European Union; and the risk that we may incur higher costs than expected for research and development or unexpected costs and expenses or may not obtain expected savings from our announced restructuring. Additional applicable risks and uncertainties include those relating to our preclinical research and development, clinical development, and other risks identified under the heading "Risk Factors" included in CytomX’s Quarterly Report on Form 10-Q filed with the SEC on May 12, 2025. The forward-looking statements contained in this press release are based on information currently available to CytomX and speak only as of the date on which they are made. CytomX does not undertake and specifically disclaims any obligation to update any forward-looking statements, whether as a result of any new information, future events, changed circumstances or otherwise.
PROBODY is a U.S. registered trademark of CytomX Therapeutics, Inc. All other trademarks are the properties of their respective owners.
Company Contact:
Chris Ogden
SVP, Chief Financial Officer
[email protected]
Investor Contact:
Precision AQ (formerly Stern Investor Relations)
Stephanie Ascher
[email protected]
Media Contact:
Redhouse Communications
Teri Dahlman
[email protected]