Gallop Oncology

Gallop Oncology

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Private Company

Total funding raised: $4M

Overview

Gallop Oncology is a clinical-stage, wholly-owned subsidiary of PureTech Health developing first-in-class therapies targeting galectin-9. Its lead asset, LYT-200, has received FDA Fast Track and Orphan Drug designations for acute myeloid leukemia (AML) and head and neck squamous cell carcinoma (HNSCC), demonstrating a dual mechanism of action that combines direct tumor suppression with immune modulation. The company is advancing LYT-200 in Phase 1/2 trials for these high-need indications, with initial clinical data showing promising safety and activity. Gallop represents a focused effort to address significant unmet needs in oncology through a novel biological pathway.

OncologyHematologic MalignanciesSolid Tumors

Technology Platform

Development of fully human monoclonal antibodies targeting galectin-9, a protein that drives tumor progression and immune evasion. The platform aims for a dual mechanism of action: direct induction of tumor cell apoptosis and restoration of anti-tumor immune response by blocking immunosuppressive signaling.

Funding History

1
Total raised:$4M
Seed$4M

Opportunities

The significant unmet need in relapsed/refractory AML and metastatic head and neck cancer presents large addressable markets.
LYT-200's dual mechanism offers potential for deep and durable responses, positioning it as a novel combination partner with standard therapies like venetoclax or anti-PD-1 drugs.
Successful proof-of-concept could expand the platform to other galectin-9-high cancers.

Risk Factors

Primary risks include clinical failure in ongoing Phase 1/2 trials, given the novel target.
The company faces intense competition in both AML and HNSCC from established and emerging therapies.
As a single-asset company wholly dependent on PureTech, it carries high platform concentration and strategic dependency risks.

Competitive Landscape

In AML, competitors include other novel targeted agents (e.g., IDH, FLT3 inhibitors) and next-generation venetoclax combinations. In HNSCC, the landscape is dominated by PD-1 inhibitors and numerous combination trials. Gallop's key differentiation is its first-in-class focus on galectin-9, aiming to simultaneously attack the tumor and reverse a broad immunosuppressive network, a mechanism distinct from single-checkpoint inhibitors.