Simris evaluating options to expand its ADC-payload development programme and prepare for the next funding round to accelerate its plans.
Simris is evaluating two strategic development paths that both require additional funding: continued focus on pre-clinical development of its Microcystin-based ADC platform, or a more capital-intensive expansion involving the integration of an experienced ADC team and a clinically validated payload class potentially enabling a first-in-human study by 2028 and transforming the company into a fully integrated ADC development platform.