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Cytovation

June 16, 2025
Company Presentation
Oncology
Cytovation is a biotechnology company pioneering a novel class of bifunctional peptide therapeutics that target tumors with immune-excluded microenvironments. Its lead candidate, CY-101, is a synthetic peptide designed to selectively target cancer cell membranes via their negative surface charge, forming pores that expose intact neoantigens and trigger a tumor-specific immune response. Simultaneously, CY-101 uniquely inhibits the Wnt/β-catenin pathway by activating Axin2, a negative feedback regulator in the β-catenin destruction complex. This dual mechanism addresses both local tumor clearance and systemic immune suppression, overcoming resistance to checkpoint inhibitors. CY-101 is currently in a registrational Phase 2 trial for adrenocortical carcinoma (ACC) in collaboration with Cancer Research UK. The company is now raising a Series B to expand into high-prevalence β-catenin-driven tumors such as colorectal cancer (CRC) and hepatocellular carcinoma (HCC).
Cytovation
Company HQ City: Bergen
Company HQ State: Hordaland
Company HQ Country: Norway
Year Founded: 2001
Lead Product in Development: CY-101

CEO

Lars Prestegarden, MD, PhD

Development Phase of Lead Product

Phase II

When you expect your next catalyst update?

Interim readout Ph2

What is your next catalyst (value inflection) update?

December 2026
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Primary Speaker
Lars Prestegarden
Lars Prestegarden
CEO
Cytovation
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