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Start-ups

Pheon launches for antibody-drug conjugates to treat cancer

by Gina Vitale
October 1, 2022 | A version of this story appeared in Volume 100, Issue 35
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Pheon Therapeutics has launched with $68 million in financing to develop antibody-drug conjugates (ADCs) for solid tumors. Its lead program, for which it expects to submit an investigational new drug application to the US Food and Drug Administration within 18 months, “exploits a novel target that is highly expressed in a broad range of solid tumors,” the company says. Pheon plans to disclose the target early next year, CEO Bertrand Damour says.

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