Tacalyx

Tacalyx

Tacalyx develops therapeutics targeting cancer-specific carbohydrate antigens on the surface of metastatic malignant tumors where no satisfactory treatments exist. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD48—71m (Dealroom.co estimates Jun 2024.)
Company register number HRB 32607 P (Potsdam)
Berlin Germany (HQ)
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Tacalyx, founded in 2019 as a spin-off from the Max Planck Institute of Colloids and Interfaces in Potsdam, Germany, is a biotechnology startup focused on developing innovative anticancer therapies. The company targets Tumor Associated Carbohydrate Antigens (TACAs), which are specific molecules found in high levels on cancer cells but not on normal cells. This makes TACAs ideal targets for new cancer treatments.

Tacalyx operates in the biopharmaceutical market, specifically within the oncology sector. The company serves a range of clients, including healthcare providers, research institutions, and pharmaceutical companies. Its primary goal is to develop and commercialize novel immunotherapeutics—drugs that use the body's immune system to fight cancer.

The business model of Tacalyx revolves around research and development (R&D) of these unique therapies. The company has a pipeline of "first-in-class" assets, meaning they are the first of their kind to target specific TACAs. These assets are designed for various treatment modalities, including antibody-drug conjugates (ADCs) and T cell engagers. ADCs are drugs that link an antibody to a cancer-killing drug, while T cell engagers are designed to direct the body's T cells to attack cancer cells.

Tacalyx generates revenue through multiple channels. Primarily, it aims to license its developed therapies to larger pharmaceutical companies. Additionally, it may enter into partnerships or collaborations for co-development and commercialization. The company could also receive milestone payments and royalties based on the success of its therapies in clinical trials and eventual market approval.

Located in one of Berlin's prestigious science hubs, Tacalyx benefits from a vibrant research environment, fostering innovation and rapid decision-making. The team is composed of highly motivated scientists dedicated to advancing cancer treatment.

Keywords: biotechnology, anticancer, immunotherapy, TACAs, oncology, R&D, antibody-drug conjugates, T cell engagers, Berlin, innovation.

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