Going In Reverse Is Faster Way Forward for Crescent Bio’s Cancer Immunotherapy
Crescent Biopharma is going public via a reverse merger with GlycoMimetics that will capitalize the combined company with $200 million. Crescent's lead program is a bispecific antibody for cancer that replicates the properties of a Summit Therapeutics bispecific drug that recently trounced Merck's blockbuster med Keytruda in a pivotal head-to-head study.