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Tyra Biosciences wants to bank $100M for an IPO

August 23, 2021

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Just a few short months after getting off a $106 million funding round and beefing up its C-suite as it looks to tap its SNAP platform to fight resistance to cancer drugs, Tyra Biosciences has filed to raise $100 million in an IPO.

Tyra is taking aim at acquired resistance, a problem that makes targeted cancer treatments stop working. Over time, tumors with mutations such as EGFR rewire themselves to find a way around targeted therapies and continue to grow without relying on proteins made by the mutated gene.

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