Xilio Therapeutics

Xilio Therapeutics is a biopharmaceutical company focused on developing highly-potent, targeted immuno-oncology therapeutics.

Business Model:

Revenue: $0

Employees: 11-50

Detailed Xilio Therapeutics Information

Geographic Data

Xilio Therapeutics headquarters map

Address:

City: Waltham

State: Massachusetts

Zip:

Country: United States

Financial Info

Stage:

series c

Raised Last:

$95M

Raised Total:

$233M

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Description

Xilio Therapeutics is a biotechnology company advancing next-generation cancer immunotherapies designed to improve patient outcomes by unleashing the power of the immune system selectively at the site of the tumor. The company’s tumor-selective immunotherapies are based on its proprietary technology, which maximizes the potency of proven immuno-oncology therapies and restricts their activity to the tumor to minimize peripheral side effects. The broad applicability of these therapies across cancer types means that all patients could benefit from these potentially curative medicines. These tumor-selective therapies are designed to overcome the significant toxicities associated with validated IO therapies, such as IL-2 and aCTLA4, which have historically limited the number of patients that can be treated and prevented patients from completing full courses of treatment Xilio Therapeutics proprietary technology enables the explosion of therapeutic activity specifically within the tumor while reducing toxicity throughout the body a nod to the company name, Xilio, derived from the Latin term, Ex Nihilo, meaning creation or big-bang. The company applying its technology to build a broad pipeline of engineered antibodies, cytokines and chemokines as potential new options for people living with cancer. Xilio Therapeutics was founded in 2016 and is headquartered in Waltham, Massachusetts, United States.

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Xilio Therapeutics went public on 10/22/2021 on the NASDAQ

Listed Exchange:
NASDAQ

IPO Date:
10/22/2021

IPO Valuation:
$427M

Ticker Symbol:
XLO

IPO Price:
$16/share

Amount Raised:
$118M

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