Cytovation

Cytovation

Pre-clinical
Oslo, Norwaycytovation.com

Cytovation ASA is a clinical-stage biotechnology company based in Norway that focuses on precision medicine for patients with β-catenin driven tumors. Built on over 15 years of research from the University of Bergen and Haukeland University Hospital, the company has developed CY-101, a stable synthetic peptide that selectively targets cancer cell membranes while inhibiting the β-catenin pathway. With multiple completed Phase I trials and upcoming Phase II studies, Cytovation aims to expand immunotherapy benefits to a broader range of cancer patients.

Founded
2000
Focus
RNA & Gene Therapy

AI Company Overview

Cytovation ASA is a clinical-stage biotechnology company based in Norway that focuses on precision medicine for patients with β-catenin driven tumors. Built on over 15 years of research from the University of Bergen and Haukeland University Hospital, the company has developed CY-101, a stable synthetic peptide that selectively targets cancer cell membranes while inhibiting the β-catenin pathway. With multiple completed Phase I trials and upcoming Phase II studies, Cytovation aims to expand immunotherapy benefits to a broader range of cancer patients.

Technology Platform

Novel peptide engineering platform that develops stable synthetic peptides with dual mechanism targeting cancer cell membranes and β-catenin pathway inhibition to stimulate tumor-specific immune responses.

Funding History

2

Total raised: $65M

Series B$45MKreos CapitalNov 15, 2022
Series A$20MSarsia SeedApr 15, 2020

Opportunities

Strong potential for expansion into multiple solid tumor types driven by β-catenin signaling, with upcoming Phase II data providing key validation.
Partnership opportunities with major pharmaceutical companies for combination therapies and global development could significantly accelerate growth.

Risk Factors

Clinical development risks inherent in immunotherapy, competitive landscape with established players, and dependency on demonstrating clear efficacy advantages over existing treatments.
Regulatory approval timelines and potential safety concerns in combination studies represent additional challenges.

Competitive Landscape

Operating in the crowded immunotherapy space but differentiated through novel peptide-based dual mechanism approach. Competitors include established immunotherapy companies and checkpoint inhibitor developers, but unique targeting of β-catenin pathway provides potential competitive advantage in specific tumor types.

Company Info

TypeTherapeutics
Founded2000
LocationOslo, Norway
StagePhase 2
RevenuePre-revenue

Therapeutic Areas

OncologyImmunotherapy

Partners

MerckCancer Research UK (CRUK)University of BergenHaukeland University Hospital
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