Lytix Biopharma AS (DE:6BG) has released an update.
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Lytix Biopharma has showcased promising results for its lead drug candidate LTX-315 in treating basal cell carcinoma, achieving a 97% overall response rate and significant tumor reduction. This progress reduces development risk and positions the company for potential phase III trials, tapping into a projected USD 11.5 billion market by 2028. Investors may find the company’s innovative approach in cancer treatment compelling for future growth.
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