Clinical Programs

Clinical trials

Pyxis Oncology is advancing breakthrough therapeutics with the potential to defeat difficult-to-treat cancers.

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Our study is enrolling at multiple locations nationwide.

      Lead program

      Our lead therapeutic candidate: MICVO

      Micvotabart pelidotin (MICVO, formerly PYX-201)

      A first-in-concept investigational antibody-drug conjugate (ADC) targeting a noncellular structural component of the extracellular matrix (ECM) with a three-pronged mechanism of action

      MICVO is an investigational ADC that uniquely targets the extradomain-B splice variant of fibronectin (EBD+FN), an extracellular matrix protein selectively overexpressed in the tumor microenvironment (TME) across a wide range of solid tumors, but largely absent from normal adult tissues.

      The tumor-specific extracellular targeting strategy, along with MICVO’s intentional antibody/linker/payload design, distinguishes MICVO from conventional ADCs by potentially enabling efficient payload delivery across diverse tumor types.

      What are ADCs?

      ADCs are powerful cancer treatments that combine an antibody with a powerful drug, allowing for targeted delivery directly to cancer cells. This approach offers several advantages over traditional chemotherapy, such as more precise targeting, enhanced effectiveness, and reduced side effects. 



      With advancements in technology, a new generation of ADCs is being developed, incorporating improvements in key components including conjugation methods, linkers, and drug payloads.

      MICVO has the potential to exert anti-tumor activity 
through three synergistic mechanisms:

      Payload driven

      1

      Direct tumor cell killing


      MICVO is designed to bind to the EDB+FN target and release payload within tumor ECM

      MICVO 1

      2

      Bystander killing

      Payload diffuses into adjacent 
tumor cells

      Tumor cell dies, releasing payload for additional cycles of tumor cell killing

      MICVO 2

      Immune driven

      3

      Immunogenic cell death

      Host immune activation is triggered, enhancing therapeutic response

      Tumor death and exogenous antibody fragments lead to T-cell activation

      MICVO 3
      MICVO key
      Key
      CD8' lymphocyte
      Proteases
 (e.g., cathepsin)
      Cleaved & active payload (auristatin
      EDB*FN
      Dendritic cell
      PYX-201
      Tumor cell
      Matrix

      MICVO also modifies the tumor microenvironment (TME) by eliciting immune cell infiltration which provides a compelling rationale for combination therapies, including for tumors resistant to conventional ADCs.

      MICVO: Next steps

      Pyxis Oncology is advancing MICVO as a monotherapy (NCT05720117) and in combination with KEYTRUDA® 
(pembrolizumab) (NCT06795412) across multiple solid tumors with a focus on recurrent/metastatic head and neck squamous cell carcinoma.

      Learn about these clinical trials on clinicaltrials.gov:

      The U.S. Food and Drug Administration granted Fast Track Designation to MICVO for the treatment of adult patients with R/M HNSCC whose disease has progressed following treatment with platinum-based chemotherapy and an anti-PD-(L)1 therapy.

      Pipeline

      Focused R/M HNSCC Clinical Pipeline Delivering 3 Catalysts 2H25-1H26

      MICVO - EDB+FN ADC

      Recurrent/Metastatic Head and Neck Squamous Cell Carcinoma
(R/M HNSCC)

      Preclinical

      IND-Enabling

      Phase 1

      Phase 2

      Phase 3

      MICVO MONO
      (Fast track designation granted by FDA)

      R/M HNSCC 2/3L Platinum & PD-1 Experienced

      Pre-Cl.

      IND-En.

      Ph1

      Ph2

      Ph3

      Phase 1

      NEXT MILESTONE Preliminary data 2H25

      MICVO MONO

      R/M HNSCC 2/3L EGFRi & PD-1 Experienced

      Pre-Cl.

      IND-En.

      Ph1

      Ph2

      Ph3

      Phase 1

      NEXT MILESTONE Preliminary data 1H26

      MICVO + *KEYTRUDA Combo

      R/M HNSCC 1/2L+

      Pre-Cl.

      IND-En.

      Ph1

      Ph2

      Ph3

      Phase 1

      NEXT MILESTONE Preliminary data 2H25

      Combo Therapy Dose Escalation (Various Solid Tumors)

      Preclinical

      IND-Enabling

      Phase 1

      Phase 2

      Phase 3

      MICVO + *KEYTRUDA Combo Dose Escalation

      Various solid tumors

      Pre-Cl.

      IND-En.

      Ph1

      Ph2

      Ph3

      Phase 1

      Combo dose selection mid-2025

      Scientific publications

      Learn more about Pyxis Oncology’s clinical pipeline and scientific leadership.

      Micvotabart pelidotin (MICVO, formerly PYX-201) is not approved 
and its safety and effectiveness have not been established.