Pyxis Oncology, Inc.
NASDAQ•PYXS
CEO: Dr. Lara S. Sullivan M.D., MBA
Sector: Healthcare
Industry: Biotechnology
Listing Date: 2021-10-08
Pyxis Oncology, Inc., a clinical stage company, engages in the development of therapeutics to treat cancers. Its lead antibody-drug conjugates (ADC) product candidate is PYX-201, an investigational novel ADC consisting of human immunoglobulin G1 (IgG1), which is in Phase 1 clinical trial to treat patients with relapsed or refractory solid tumors; and lead immuno-oncology (IO) product candidate is PYX-106, an investigational fully human IgG1 Siglec-15-targeting antibody that is in Phase 1 clinical trial to treat patients with advanced solid tumors. The company is also developing PYX-107, a CD40 agonist with demonstrated anti-cancer activity in patients who previously progressed on PD-(L)1 inhibitors, which is in Phase 2 clinical trial for the treatment of solid tumors, such as soft tissue sarcomas, esophageal and gastroesophageal junction, cancers, and melanoma in combination with chemotherapy, radiation therapy, and immunotherapy. It has in-license agreement with Pfizer Inc. to develop and commercialize ADC product candidates directed to certain licensed targets, including PYX-201 and PYX-203, and products containing the ADC product candidates; and Biosion USA, Inc. for development, manufacture, and commercialization of PYX-106, an IO product candidate. Pyxis Oncology, Inc. was incorporated in 2018 and is headquartered in Boston, Massachusetts.
Contact Information
321 Harrison Avenue, 11th Floor, Suite 1, Boston, MA, 02118, United States
617-221-9059
Market Cap
$111.51M
P/E (TTM)
-1.4
24.5
Dividend Yield
--
52W High
$5.55
52W Low
$0.97
52W Range
Rank54Top 78.1%
2.7
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 2.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025
Financial Dashboard
Q1 2026 Data
Revenue
$0.00+0.00%
4-Quarter Trend
EPS
-$0.37+0.00%
4-Quarter Trend
FCF
-$26.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Promising MICVO Combination Efficacy Combination therapy showed 71% ORR (5/7) in R/M HNSCC patients; monotherapy showed 46% ORR (6/13).
Royalty Sale Milestone Revenue Recognized $2.8M milestone revenue from Simcere approval; total 2025 revenues $13.9M, down $2.3M.
Increased R&D Spending R&D expenses rose $14.9M to $73.7M in 2025, driven by MICVO manufacturing and clinical trial costs.
Cash Runway Extended Cash sufficient to fund operations into Q4 2026; cash, equivalents, and securities totaled $66.9M on 12/31/2025.
Risk Factors
Continued Operating Losses Reported net loss of $79.6M in 2025; substantial doubt exists regarding ability to continue as going concern.
Lead Candidate Clinical Risk Heavy dependence on MICVO success; failure in trials or regulatory approval will materially harm operations immediately.
Third-Party Manufacturing Reliance Reliance on CDMOs for supply limits direct control; failure or delays could impair clinical trial initiation or commercialization.
High Body Weight Toxicity Higher incidence of Grade ≥3 TRAEs observed in high body weight patients; active dosing optimization underway.
Outlook
Pivotal Trial FDA Alignment Obtained FDA alignment on design for planned pivotal monotherapy study in 2L+ R/M HNSCC during Q4 2025.
Upcoming Clinical Data Updates Expect updated MICVO monotherapy data in mid-2026; combination therapy data expected in second half of 2026.
Prioritizing MICVO Development Resources reallocated to MICVO development; paused PYX-106 program; seeking partnerships for other paused assets.
Optimize MICVO Dosing Strategy Implementing dose capping and AIBW dosing strategies to mitigate exposure variability in heavier patients starting 2026.
Peer Comparison
Revenue (TTM)
$126.71M
$78.09M
$69.21M
Gross Margin (Latest Quarter)
100.0%
100.0%
93.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| GNFT | $445.68M | -5.4 | -596.4% | 64.1% |
| AVIR | $359.32M | -2.1 | -57.0% | 0.2% |
| ENTA | $276.28M | -4.1 | -64.0% | 59.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Deep Research
Next earnings:Aug 13, 2026
EPS:-$0.35
|Revenue:$21.88K
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data