Co-Founder & CEO, TwoStep Therapeutics

SF Bay Area
Thrilled to share that @TwoStepTx has officially launched! With the closing of our seed round, we’ll be advancing our pipeline of targeted therapies for solid tumors. Many thanks to our incredible co-founders and investors for their support. @CarolynBertozzi @CochranLab
1/ We’re excited to announce our official launch and the closing of a $6.5M seed round to advance our pipeline of targeted therapies for solid tumors. Learn more 👉 businesswire.com/news/home/2…
4
8
33
6,908
Caitlyn Miller retweeted
If you've lost a loved one to cancer and seen TwoStep Therapeutics science in action, you'd see why backing this team is a no-brainer. Excited to share the bigger vision behind why we led this seed round: nfx.com/post/why-nfx-investe…
1
4
21
2,556
We are thrilled to announce our latest investment in @TwoStepTx! Read more about why we invested 👇 2048.vc/blog/our-investment-… 💡 Enabling targeted delivery to virtually any solid tumor using a unique and modular polyspecific integrin-binding peptide. 👩‍💻 The Founder: @CaitlynBioE 📌 Location: San Francisco, CA 💰 Investment Stage: Seed You can also read more in this article (shoutout to @ky_lahucik for the writeup!) endpts.com/new-cancer-biotec…
5
9
2,399
Caitlyn Miller retweeted
My dad died from colon cancer in 2020, NFX bio principal Gita Bassman Reinitz lots two parents to cancer, so many people we know are effected by this horrible disease.. businesswire.com/news/home/2…
2
8
41
4,270
Caitlyn Miller retweeted
1/ We’re excited to announce our official launch and the closing of a $6.5M seed round to advance our pipeline of targeted therapies for solid tumors. Learn more 👉 businesswire.com/news/home/2…
1
4
12
10,798
Caitlyn Miller retweeted
We are hiring at multiple levels to join our team jstarklab.com @MITdeptofBE @kochinstitute Apply below! Postdoc: tinyurl.com/3nufr3rp Lab Coordinator: tinyurl.com/3rhjvdf3 Tech: tinyurl.com/wud3hp6k Please repost! #immunoengineering #synbio #glycotime #newPI
85
178
51,243
Caitlyn Miller retweeted
The ADC space is blowing up: • >$125B in partnerships and M&A since 2019, including Pfizer's $43B acquisition of $SGEN and a record $5.5B upfront deal ($MRK / Daiichi) this year • Hundreds of assets across thousands of trials • 8 approvals in the last 5 years (13 total) I pulled together 42 representative companies and charted the clinical assets of each, segmented by target and payload Exhibit 1: ADC Competitive Landscape Some takeaways: An ADC is essentially 3 modular components: an antibody, a payload (typically chemo) and a linker that connects the two. The idea is to combine the selective targeting of mAbs with the toxic lethality of chemo, such that only the tumor is impacted, rather than healthy cells. Many approved mAbs are used in combination with chemo anyways, which negates the benefit of selective targeting. By minimizing off-target impact, ADCs can maximize the therapeutic window (increased efficacy at a lower dose, translating to a better side effect profile). Exhibit 2: Evolution Towards ADCs (source: Cowen) Key to the approach is selecting the right target. Ideally, the tumor should have a high level of antigen expression and healthy cells should have none. In reality, tumors are too heterogeneous, so companies settle for validated targets that are known to be more prevalent in tumors. Some ADCs exhibit a 'bystander effect' whereby the payload diffuses into adjacent cells that may not express the target antigen - an advantageous design in heterogeneous tumors. Exhibit 3: ADC Target Antigens by Indication (source: Capital One) The first ADC approved was Mylotarg in 2000 (later pulled from the market in 2010 and relaunched in 2017), although meaningful traction really started with later 2nd gen ADCs (such as Kadcyla and Adcetris) as the tech of each component improved. Since then, clinical and commercial wins have continued to rack up, including via ADC / IO combos (i.e. Padcev / Keytruda in bladder cancer at ESMO 2023). Some recent financial stats: • >$7B in sales in 2022 (~33% YoY growth) • Aggregate sales expected to exceed ~$20B by 2026 ($6B via Enhertu) • >$125B in partnerships, licensing and M&A deals since 2019 A lot of the differentiation between ADC players comes down to manufacturing prowess. Development is a multi-step technical process with a complex supply chain (components produced in separate locations). We're seeing this theme with other emerging modalities as well. Looking ahead, there's potential for ADCs to move beyond oncology (i.e. Adcetris in sclerosis), as well as novel structural add-ons (bispecifics, RACs, PDCs, SMDC, DACs, etc.). Technological improvements will be key to watch - each successive generation has improved on efficacy / safety, and with the massive $ investment from several pharma companies, we can expect this to only increase. It's likely that new brands, rather than biosimilars, are what cannibalize current ADC drug sales. If you found this interesting, follow @andrewpannu for more biotech analyses & commentary!
19
66
313
135,229
Caitlyn Miller retweeted
Probably the best ADC review I came across, so much valuable information + great figures on targets, linkers and payloads! tandfonline.com/doi/full/10.…
5
45
214
40,156
Caitlyn Miller retweeted
The Stark Lab @MITdeptofBE and @kochinstitute opens January 2024! We are recruiting curious and motivated scientists at all levels. Learn more about our work and how to join our team: jstarklab.com 🧬 Please share widely! #immunoengineering #synbio #glycotime #newPI
3
67
284
45,844
#JI_TopRead from @CaitlynBioE @CochranLab @CarolynBertozzi @StanfordHealth | #TLR9 agonist, PIP-CpG, enhances the CD8 #Tcell response to spontaneous tumors | #ReadTheJI #immunology #AuthorChoice #FreetoRead #TumorImmunology 👉 ow.ly/FTbV50P6FNv
7
15
7,874
Caitlyn Miller retweeted
👉 From database to clinical trial: 23andMe identifies CD200R1 based on opposing effects in immune disease and cancer bit.ly/3Njfhtw
3
5
1,595
Excited to share my first paper from my PhD research in Chris Garcia's lab! We determined structures of the IL-21 receptor complex and engineered IL-21 variants that enhanced vaccine responses in tonsil organoids with reduced autoantibody induction. (1/9) cell.com/cell-reports/fullte…
10
36
228
39,424
Caitlyn Miller retweeted
In the physiologically relevant MMTV-PyMT GEMM model, @CaitlynBioE @BarfiIdit @CarolynBertozzi demonstrated that systemic delivery of a tumor integrin-targeted TLR9 agonist (PIP-CpG) led to sustained elimination [...] bit.ly/3Cu9QTC
3
10
9,639
Thrilled to announce that our new PIP-CpG paper is now live @J_Immunol . PIP-CpG is a tumor-targeting immunotherapy that is in preclinical development & we are hoping to advance it to the clinic in the coming years. doi.org/10.4049/jimmunol.220… . A 🧵👇(1/13)
4
12
49
17,911
Overall, similar to many cancer patients, oncogene-driven spontaneous tumors are often resistant to immunotherapy, and thus, therapeutic agents like PIP-CpG that are effective against these aggressive cancers show considerable promise for clinical translation (12/13)
1
169
I’d like to thank all the authors who made this work possible, especially my co-first author @BarfiIdit & our wonderful PIs @CarolynBertozzi , @CochranLab , & Ron Levy! Also thank you to Stanford IMA who is now helping us advance this project forward! @Stanford_ChEMH (13/13)
197