Cyxone reaches important milestone regarding mechanism of action
Cyxone (publ), a biotech company in autoimmune diseases, has reached an important milestone for the drug candidate rabeximod. Recently, the biological target protein for rabeximod was identified, a finding that has now been confirmed in an independent scientific analysis. This important milestone represents a major step forward for the project as the new knowledge contributes to an increased understanding of the drug's mechanism of action and confirms its First-in-Class status.Rabeximod is an immunomodulatory drug that has shown selectivity for pro-inflammatory macrophages and dendritic