Pyxis Oncology Q1 2026 net loss $23.3M; MICVO data on track for mid-2026

Pyxis Oncology, Inc.

Net loss $23.3M ($0.37/share) vs $21.2M ($0.35/share) YoY; R&D expenses rose to $20.0M from $17.0M.
Cash and equivalents $42.5M; expected runway into Q4 2026.
MICVO Phase 1 monotherapy update in 2L+ R/M HNSCC (dose cap patients) on track for mid-2026.
MICVO + pembrolizumab Phase 1/2 combination dose escalation data in 1L R/M HNSCC expected 2H 2026.
Appointed Nelson Azoulay as Chief Business Officer.

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