Silverback took 595 days to go from float to effective bust, which alongside Yumanity’s 531 days – that company reverse merged with Kineta last month – ranks among biotech’s fastest implosions. Prior to Capstan, Miguel served as Vice President of Corporate Development and Investor Relations at Silverback Therapeutics, contributing to the companys. The theory foundered at last year’s Esmo conference, and the fact that Silverback’s lead, SBT6050, targeted Her2, a space hit by the Enhertu juggernaut, provided a double whammy. Silverback Solutions ’s Employees Email Address Formats Percentage firstNameInitial. Email formats & phone numbers of Silverback Solutions 1-10 employees. Silverback's premise was that combining tumour targeting with TLR8 agonism (TLR8 was thought to activate myeloid cells in the tumour microenvironment) could improve efficacy. Where is Silverback Therapeutics's headquarters Silverback Therapeutics's headquarters is located at 500 Fairview Ave N, Seattle. Contact and general information about Silverback Solutions company, headquarter location in Tokyo, Japan. Silverback’s December 2020 IPO had raised $278m, and at the end of last year the group had $319m in the bank, but with a market cap of just $137m the best it has been able to extract is a 37% share of a combined entity that will now focus purely on Neffy, ARS’s nasal epinephrine spray. What investors make of this is a separate question. Having discovered that its TLR8 agonist conjugation theory was nonsense Silverback Therapeutics could easily have limped on like so many zombie biotechs, but instead it has thrown in the towel, on Friday agreeing to a lowball reverse merger with ARS Pharmaceuticals. Read: Seeking Alpha contributor Donovan Jones analyzed Silverback Therapeutics (SBTX) when the company was planning its IPO.Give credit where credit is due. ![]() Meanwhile, the cash, cash equivalents, restricted cash, and investments stood at $319.1M indicating an ~18% YoY decline from a year ago.
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