Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks VERAXA Biotech AG (NASDAQ: VRXA) Developing Next-Gen Cancer Therapies With Dual-Targeting Approach


(MENAFN- Investor Brand Network) VERAXA Biotech (NASDAQ: VRXA) is developing an oncology pipeline centered on engineered antibody therapies, with a particular focus on bispecific antibody-drug conjugates (“ADCs”) and T-cell engagers (“TCEs”). Its proprietary BiTAC platform uses a dual-targeting“AND-gated” approach intended to activate therapeutic effects preferentially when two tumor-associated targets are present on the same cancer cell, potentially addressing the challenge of on-target, off-tumor toxicity. The company has reported early laboratory data supporting the concept in both TCE and ADC applications, while its lead BiTAC-TCE has advanced into cell-line development and planned IND/CTA-enabling work following regulatory feedback from Germany's Paul-Ehrlich-Institute. Separately, VERAXA's VXA-222 bispecific ADC has progressed beyond antibody discovery following its collaboration with OmniAb.

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About VERAXA Biotech AG

VERAXA is building a premier engine for the discovery and development of next-generation antibody-based therapeutics, including bispecific T cell engagers, bispecific ADCs and other innovative formats. Powered by a suite of transformative technologies and guided by rigorous quality-by-design principles, VERAXA is rapidly advancing its pipeline of ADCs and proprietary BiTAC formats into clinical development and beyond. The company was founded on scientific breakthroughs made at the European Molecular Biology Laboratory, a world-renowned institution known for pioneering life science research and cutting-edge technology. For regular updates about VERAXA Biotech, visit .

NOTE TO INVESTORS: The latest news and updates relating to VRXA are available in the company's newsroom at

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