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BREAKING Myris Therapeutics out of stealth, February 2025 DAR 50-300 10-100x payload density vs current ADCs $100M+ raised under Benjamin at OncXerna AACR 2025 first public scientific reveal in Chicago PITTSBURGH 25-person biotech, global ambitions HARVARD > LILLY > CEO x2 a translational career BREAKING Myris Therapeutics out of stealth, February 2025 DAR 50-300 10-100x payload density vs current ADCs $100M+ raised under Benjamin at OncXerna AACR 2025 first public scientific reveal in Chicago PITTSBURGH 25-person biotech, global ambitions HARVARD > LILLY > CEO x2 a translational career
Profile / Biotech / Oncology

Laura E. Benjamin

A molecular biologist with a polymer brush, building cancer drugs that carry their own delivery system.

She runs Myris Therapeutics out of a 25-person office in Pittsburgh. The pitch is uncomplicated: take an antibody, attach 50 to 300 copies of a cancer payload to it without breaking it, and aim. Most of the field is still arguing about how to attach eight.

$100M+Raised at OncXerna
50-300DAR target at Myris
2024Took Myris CEO seat
25Employees at Myris
Laura E. Benjamin, Ph.D., CEO and President of Myris Therapeutics
Benjamin. Pittsburgh. The chemistry is the strategy.
Field Note Most clinical ADCs deliver about eight drug copies per antibody. Benjamin's platform aims for somewhere between fifty and three hundred. Order of magnitude, not increment.
The Story

A career that keeps narrowing toward the same target.

Laura Benjamin spends her days at the intersection of two stubborn fields. One is polymer chemistry, where chains of repeating molecules can be coaxed into shapes that drug developers rarely see. The other is oncology biologics, where antibodies are exquisite at finding cancer cells but only mediocre at carrying anything useful when they get there. Myris Therapeutics, the Pittsburgh biotech she has led since 2024, is the experiment in what happens when those two fields are forced to share a room.

The premise is the kind of thing that sounds either obvious or impossible depending on who is listening. An antibody-drug conjugate stitches a cytotoxic payload onto a tumor-targeting antibody. The ratio of payload molecules to antibody, in trade jargon, is the DAR. Clinical-stage ADCs typically run a DAR of around eight. Push higher and antibodies tend to misfold, aggregate, or get cleared from circulation before they reach a tumor. Benjamin's team is working on a polymer scaffold - bottlebrushes built with ATRP chemistry - that lets DAR climb to fifty, a hundred, three hundred, without breaking the antibody it rides on. If it works in patients, the math of cancer payload chemistry changes.

"This dramatically expands the range of possible payloads and precision therapy opportunities... we will see the expected improvement in efficacy and tolerability that the field so desperately needs."

Benjamin is not new to oncology executive work, and she is not new to translating a research idea into a clinical-stage company. Before Myris she ran OncXerna Therapeutics for five years, from 2018 to 2023, and raised more than a hundred million dollars to advance two oncology programs through clinical development. OncXerna's distinguishing trick was its biomarker-driven approach to patient selection - figuring out, in advance, which tumors a given therapy was likely to bend. Myris's distinguishing trick is one level upstream of that: figuring out how to give the patient something the field cannot currently deliver.

The path she took into the CEO seat had a brief detour through the boardroom. In June 2023, while still finishing her tenure at OncXerna, she joined the board of directors at BioHybrid Solutions, the Pittsburgh polymer-chemistry company that would later become Myris. A year later she stepped into the operating role. In February 2025 the company unveiled both a new name and a new public identity built around its ultra-high DAR ADC platform. Two months after that, Myris presented at AACR in Chicago - the field's marquee scientific meeting - and the platform stopped being a stealth-mode rumor.

Look at her resume from a distance and the throughline is the steady narrowing of a scientific question. She came out of Barnard College, Columbia, with a B.A. in biology, then took a Ph.D. in molecular biology at the University of Pennsylvania. Early academic work put her at Harvard Medical School as an associate professor in pathology, and at Beth Israel Deaconess as a co-director of the Center for Vascular Biology, where she studied how tumors recruit blood vessels. That field - angiogenesis - is the one that taught a generation of cancer researchers how tumor cells hijack the body's own delivery systems. It is also a useful background for a CEO whose company depends on circulating antibodies finding their way through circulation to disease sites.

From academia she crossed into industry at Eli Lilly, where she held senior leadership positions in oncology, including VP and Chief Scientific Officer in that area. That move - lab to large-pharma R&D - is one of the hardest jumps in life sciences, and it is what put her on the short list to be a CEO. She has been one ever since.

It is worth noting where Myris is, geographically. Pittsburgh is not San Francisco. It is not Cambridge. It does not have the dense gravitational pull of a coastal biotech ecosystem. What it does have, in this case, is a polymer chemistry tradition with deep university roots and a small, focused team. Benjamin's job is to convert that local concentration into something that matters globally to oncology. It is a familiar problem for a researcher whose career has been about turning local biology - a specific protein, a specific vessel, a specific patient subset - into a treatment.

What does the immediate future look like? More public scientific outings. A pipeline that Myris describes as preclinical, with the polymer-enabled ADC platform expected to nominate clinical candidates as it matures. Conversations with pharma partners whose oncology pipelines are currently constrained by what a low-DAR conjugate can be asked to do. And almost certainly more capital - building the manufacturing for a high-density polymer ADC is not the work of a seed round.

Benjamin is not a flamboyant operator. Her public commentary is measured, her quotes mostly land on technical opportunity rather than on personality. The interesting drama, by her telling, is in the chemistry. Which is, after twenty-five years of careful translational work, exactly the kind of drama a person of her training would choose to chase.

Career In Eight Stops

From vascular biology bench to Pittsburgh CEO chair.

Early career
Associate Professor of Pathology at Harvard Medical School; Co-director of the Center for Vascular Biology at Beth Israel Deaconess.
Pre-2018
Vice President / Chief Scientific Officer of oncology at Eli Lilly and Company.
2018
Becomes CEO and President of OncXerna Therapeutics, a biomarker-driven oncology developer.
Through 2023
Raises more than $100M for OncXerna and advances two clinical-stage oncology programs.
June 2023
Joins the BioHybrid Solutions board as executive chairperson.
2024
Steps in as CEO and President of Myris Therapeutics, the renamed BioHybrid Solutions.
February 2025
Leads Myris out of stealth with a public platform announcement focused on ultra-high DAR ADCs.
April 2025
First scientific reveal at the AACR Annual Meeting in Chicago.
The Science, In Plain Words

An antibody walks into a tumor. How much can it carry?

DAR is short for Drug-to-Antibody Ratio. It is the number of cytotoxic payload molecules tethered to a single tumor-targeting antibody. Most clinical antibody-drug conjugates - the ones on label today - sit in the single digits. Myris is aiming a generation higher.

~8
Clinical ADC standard

Average DAR of marketed ADCs. The ceiling that protein stability tends to impose.

50-300
Myris target

Polymer-enabled scaffolds with bottlebrush architecture, attached via ATRP chemistry.

10-100x
Density jump

The order-of-magnitude increase in payload per antibody that Myris claims is reachable.

2025
Out of stealth

Public unveiling in February. AACR scientific reveal two months later.

Payload Density - DAR by Generation (illustrative)

First-gen ADCs
~4
Current clinical
~8
High-DAR experimental
~16
Myris (low end)
50
Myris (high end)
300
"This dramatically expands the range of possible payloads and precision therapy opportunities... we will see the expected improvement in efficacy and tolerability that the field so desperately needs." - Laura E. Benjamin, CEO of Myris Therapeutics
Three Things Worth Knowing

Curiosities, quirks, fact patterns.

Pattern 1

Director to driver in a year.

Benjamin joined the BioHybrid Solutions board in mid-2023. By 2024 she was running the company. That kind of jump is rare in biotech, which usually rewards long apprenticeships.

Pattern 2

Blood vessels, then drug payloads.

Her academic work at Harvard and Beth Israel was on vascular biology - how tumors steal the body's plumbing. Twenty years later she runs a company whose drugs depend on traveling that plumbing.

Pattern 3

Pittsburgh, not the coasts.

Myris is a 25-person company in western Pennsylvania, not Cambridge or South San Francisco. The polymer chemistry is local. The ambition is global.

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