EQUITY RESEARCH MEMO

Myricx Bio

Generated 5/9/2026

Executive Summary

Conviction (model self-assessment)55/100

Myricx Bio is a London-based biotechnology company pioneering a novel class of antibody-drug conjugates (ADCs) based on inhibitors of N-myristoyltransferases (NMT). Unlike conventional ADC payloads (e.g., tubulin inhibitors or topoisomerase inhibitors), NMT inhibition targets a fundamental protein lipidation process essential for cancer cell survival, offering a potentially broader therapeutic window and reduced resistance. The company's platform leverages proprietary small molecule NMT inhibitors conjugated to monoclonal antibodies targeting tumor-associated antigens, aiming to deliver potent and selective cytotoxicity. Founded in 2020, Myricx is preclinical and has raised undisclosed funding to advance its lead programs.

Upcoming Catalysts (preview)

  • Q4 2026Lead optimization data for first NMT-ADC candidate60% success
  • Q1 2027IND-enabling studies initiation50% success
  • TBDPotential partnership or licensing deal30% success
Locked sections
  • · Pipeline Analysis
  • · Competitive Landscape
  • · Catalyst Calendar (full 12-month)
  • · Bull Case
  • · Bear Case
  • · Counterfactual Scenarios
  • · Valuation Notes
  • · SEC Filing Highlights
  • · Insider Activity
  • · Literature Watch
  • · Patent Landscape
  • · Mechanism Cluster Map
  • · Audio Briefing (5 min)