Lytix Biopharma receives milestone payment from Verrica Pharmaceuticals Inc. triggered by first patient dosed with LTX-315
Oslo, Norway, April 05, 2022 – Lytix Biopharma AS (Lytix), a clinical-stage company with an in situ vaccination technology platform targeting cancer indications, notes that the first patient has been dosed in Verrica Pharmaceuticals Inc.’s Phase II study evaluating LTX-315 for the treatment of basal cell carcinoma (skin cancer). This triggers a USD 1 million milestone payment to Lytix in accordance with the licensing agreement between the parties.Verrica Pharmaceuticals Inc (“Verrica”) has an exclusive worldwide license agreement with Lytix to develop and commercialize LTX-315 for