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PVT-101 is a preclinical asset developed by Proteovant Therapeutics, a US-based clinical-stage biotech company. It is being developed for autoimmune diseases and utilizes a targeted protein degradation (TPD) platform. SK Biopharmaceuticals acquired Proteovant Therapeutics, integrating this TPD technology into its R&D efforts to target previously "undruggable" proteins, expanding its focus into oncology and biologics.
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