PYC Therapeutics (ASX:PYC) said it continues to progress towards its 48-month objective of becoming a commercial-stage drug developer under its published operational roadmap, according to a Thursday Australian bourse filing.
The focus for the firm now is to generate clinical proof-of-concept for each of its three clinical-stage drug candidates, per the filing.
The company will start with the presentation of phase one and two data for its lead blinding eye disease drug candidate in May, the filing said.
PYC Therapeutics' shares rose almost 6% in recent trading on Wednesday.