Renaissance Capital logo

TransCode Therapeutics Priced, Nasdaq: RNAZ

Preclinical biotech developing RNA-based targeted therapies for cancer.

Industry: Health Care

First Day Return: +32.3%

Industry: Health Care

TransCode Therapeutics is an emerging RNA oncology company, created on the belief that cancer can be defeated through the intelligent design and effective delivery of RNA therapeutics. We have created a platform of drug candidates designed to target a variety of tumor types with the objective of significantly improving patient outcomes. Our lead therapeutic candidate, TTX-MC138, is focused on treating metastatic cancer, which causes approximately 90% of all cancer deaths representing over nine million deaths per year worldwide. We believe that TTX-MC138 has the potential to produce regression without recurrence in a range of cancers, including breast, pancreatic, ovarian and colon cancer, glioblastomas and others. Our drug candidates, TTX-siPDL1 and TTX-siLIN28b, focus on the treatment of tumors by targeting PD-L1 and Lin28b, respectively. Our scientific founders developed the initial TransCode therapeutic candidate at The General Hospital Corporation, d/b/a Massachusetts General Hospital, or MGH, to target microRNA-10b, a well-validated biomarker linked to metastatic cancer. TTX-MC138 comprises proprietary iron-oxide nanoparticles and oligonucleotides that specifically target microRNA-10b. We anticipate submitting an exploratory investigational new drug application, or eIND, in the first quarter of 2022 to support initiation of a First-in-Human (FIH) clinical study with TTX-MC138.
more less

TransCode Therapeutics (RNAZ) Performance