| Founded | 2020 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Biotech |
| Collapse type | Fire Sale |
Xilio Therapeutics
"Waltham's tumor-targeted cytokine biotech dissolved after Phase 1 trial results disappointed"
Distressed acquisition below last-round valuation
Key Events Timeline
Xilio Therapeutics developed tumor-selective cytokine therapies — engineered versions of IL-2 and IL-12 designed to activate only within the immunosuppressive tumor microenvironment.
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