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TransCode Therapeutics Retains Tungsten Advisors to Lead Formal Strategic Process Intended to Maximize Value of TTX-MC138 and its Oncology Portfolio

$RNAZPress releaseOct 28, 2026, 4:30 PM ETRead the release

TransCode Therapeutics' board has initiated a formal strategic process to maximize the value of the company and its oncology portfolio, led by TTX-MC138. Options under evaluation include licensing or asset sales, development partnerships, portfolio transactions and business combinations; Tungsten Advisors has been retained as exclusive strategic financial advisor. TTX-MC138 is in Phase 2a development for ctDNA-positive colorectal cancer following curative-intent therapy, under the PRE-I-SPY program with Quantum Leap Healthcare Collaborative, and a Natera Signatera-based enrollment collaboration was announced October 13, 2026.

Key figures

Drug Name
TTX-MC138
Phase Of Trial
Phase 2a
Phase2a trial size
up to 45 patients
Phase1a stable disease
10 of 14 efficacy-evaluable patients

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