Xilio Therapeutics Reports Second Quarter 2026 Financial Results and Provides Pipeline and Business Updates
Xilio Therapeutics reported its second quarter 2026 financial results and provided pipeline and business updates. The company received FDA clearance of its IND application for XTX501, a bispecific PD-1/masked IL-2 candidate, and is advancing IND-enabling studies for multi-specific masked T cell engager programs targeting CLDN18.2 and PSMA+STEAP1, with IND applications anticipated in the second half of 2027. The company said its cash runway into the first quarter of 2028 is expected to support key milestones across its pipeline.
Why it matters — The FDA clearance of the XTX501 IND and progress on its next-generation multi-specific masked immuno-oncology pipeline, supported by a cash runway into early 2028, signal XLO's continued advancement toward key clinical milestones.