Instil Bio Discontinues Clinical Development of IMM2510, Returns Rights to ImmuneOnco
Instil Bio, a U.S. biotech company, has announced the discontinuation of its clinical development program for IMM2510, a bispecific antibody combining an anti-PD-L1 antibody with a vascular endothelial growth factor (VEGF) receptor "trap." The company will return the rights to this drug, along with another asset, IMM27M, to their original owner, ImmuneOnco Biopharmaceuticals.