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Private Company

Total funding raised: $105M

Overview

Xyphos Biosciences is a private, preclinical-stage biotech company pioneering a novel and adaptable platform for cancer cell therapy. The company's core technology is the convertibleCAR platform, which aims to address key limitations of current CAR-T therapies by enabling control over T-cell activity and targeting multiple antigens. Led by an experienced team with deep expertise in oncology and drug development, Xyphos is working to advance its platform towards clinical development for a variety of cancer indications.

Oncology

Technology Platform

ConvertibleCAR platform: a universal chimeric antigen receptor system designed to create flexible and controllable immune cell therapies, potentially allowing for control over T-cell activity and targeting of multiple antigens via separate adapter molecules.

Funding History

2
Total raised:$105M
Series B$75M
Series A$30M

Opportunities

The convertibleCAR platform addresses major limitations of current CAR-T therapies, including lack of control, antigen escape, and difficulty treating solid tumors.
Success could enable safer, more effective, and more broadly applicable off-the-shelf cell therapies for a wide range of cancers.
Backing from a corporate parent provides strategic resources and potential development pathways.

Risk Factors

The novel platform is unproven in humans and faces significant technical and translational risks.
The company operates in a highly competitive landscape of next-generation CAR-T developers.
As a preclinical entity, it remains dependent on continued funding and strategic support from its parent organization to reach clinical milestones.

Competitive Landscape

Xyphos competes in the crowded and fast-moving field of next-generation CAR-T and immune cell therapies. Direct competitors include companies developing switchable, universal, or logic-gated CAR platforms (e.g., Bellicum Pharmaceuticals, Autolus, Cellectis, and numerous private startups). It also competes broadly with developers of TCR therapies, bispecific antibodies, and other immuno-oncology modalities.