As monotherapy data disappoint, Cyteir lets go of 35 staffers, goes all in on ovarian cancer
Over the summer, as the biotech blues dragged on and depressed Cyteir Therapeutics shares, execs decided to postpone clinical plans for a second candidate and focus on the lead program alongside discovery research in other synthetic lethality pathways in cancer.
It turns out they need to cut even deeper.
Cyteir put out word on Thursday that it’s suspending enrollment into a Phase II trial testing its lead drug, CYT-0851, as a monotherapy “due to insufficient monotherapy activity observed to date.” Moving ahead, the biotech said it will concentrate resources on developing a combination therapy of CYT-0851 plus the chemotherapy capecitabine in ovarian cancer. That means shelving preclinical research and deferring R&D in all other areas.
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