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Lycia Therapeutics

Filed, US Offering, Nasdaq: LYCA

Phase 1 biotech developing protein degraders for food allergy and Graves' disease.

Industry: Health Care

We are a clinical-stage biotechnology company focused on the discovery and development of novel therapeutics designed to degrade disease-causing extracellular proteins, with an initial focus on addressing autoimmune, inflammatory and allergic diseases. By leveraging our proprietary LYTAC (Lysosomal Targeting Chimera) platform, we have developed a pipeline of therapeutic candidates with the potential to provide deep and durable elimination of extracellular proteins that are inadequately addressed by currently available therapies. Our IgE portfolio consists of LCA-0061 and LCA-0062, which are both designed with an aim to efficiently degrade IgE for the treatment of allergic diseases, including food allergy. We are conducting a Phase 1 clinical trial of LCA-0061 in participants with elevated IgE, including patients with food allergy. We are also advancing our Graves' disease program, LCA-0321, which is designed with an aim to selectively degrade thyroid-stimulating hormone receptor (TSHR) autoantibodies (also known as thyrotropin receptor antibodies or TRAbs), the pathogenic drivers of Graves' disease. We are conducting a Phase 1 clinical trial of LCA-0321 in patients with Graves' disease.
IPO Data
IPO File Date 10/05/2026
Offer Price n/a
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Underwriter Name Jefferies
Underwriter Name TD Securities
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Company Data
Headquarters South San Francisco, CA, United States
Founded 2019
Employees at IPO 31
Website lyciatx.com

Lycia Therapeutics (LYCA) Performance