Press Releases
- Sofinnova Partners co-led the seed investment in 2019 and has supported the company from founding through to exit
- The proposed acquisition combines the oncology expertise of Novartis with Myricx Bio’s novel ADC assets and platform having broad potential across multiple solid tumor types
- Myricx Bio's first-in-class NMTi payload platform is designed to improve the therapeutic index of ADCs, offering the potential for more effective and better-tolerated treatment... (continue reading...)
MELBOURNE, Australia, July 06, 2026 (GLOBE NEWSWIRE) -- Brandon Capital, Australasia’s leading life sciences venture capital firm, today announces the successful exit of its portfolio company Myricx Bio following its agreement to be acquired by Novartis. The transaction is valued at up to US$1.5 billion (~A$2.16bn) including an upfront cash payment of US$1.1 billion (~A$1.58bn) plus potential milestone payments.
Myricx Bio is a UK-based pre-clinical oncology... (continue reading...)
- Potential first-in-class N-myristoyltransferase inhibitor (NMTi) ADC payload with a differentiated mechanism of action
- Combines oncology expertise of Novartis with Myricx Bio’s novel ADC assets and platform having broad potential across multiple solid tumour types
- Transaction valued at up to $1.5 billion including $1.1 billion cash upfront
LONDON, July 06, 2026 (GLOBE NEWSWIRE) -- Myricx Bio, a UK-headquartered biotech company focusing on the discovery and development... (continue reading...)
RICHMOND, Va., July 06, 2026 (GLOBE NEWSWIRE) -- The biggest myth about smart cities? That they're privacy-invading data traps run by unaccountable corporations (e.g., Toronto's failed Quayside project sponsored by GOOGL). The AI Wat QAIAx Microcities Project flips that script. It's the world's first federally registered clinical trial (ClinicalTrials.gov PRS: NCT07661823) for an AGI-governed community—and privacy is built in from the ground up. An automatic... (continue reading...)
RICHMOND, Va., July 06, 2026 (GLOBE NEWSWIRE) -- The biggest myth about smart cities? That they're privacy-invading data traps run by unaccountable corporations (e.g., Toronto's failed Quayside project sponsored by GOOGL). The AI Wat QAIAx Microcities Project flips that script. It's the world's first federally registered clinical trial (ClinicalTrials.gov PRS: NCT07661823) for an AGI-governed community—and privacy is built in from the ground up. An automatic... (continue reading...)
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