Dragonfly Therapeutics
Develops natural killer cell engagers and engineered cytokines for oncology and autoimmune disease
Dragonfly's DF5112 (CCR6 depletor) completed IV cohorts with depletion of both Th17 and B cells, now advancing to subcutaneous dosing. PsA, Sjögren's, SSc, HS on the indication shortlist.

A CCR6 depletor that hits both Th17 cells and B cells is a wide net. Psoriatic arthritis, Sjögren's, systemic sclerosis, and hidradenitis suppurativa all sit in spaces where IL-17 and B cell biology overlap. The interesting platform story is that Dragonfly built the TriNKET engine for cancer NK cell engagement and is now using a related modality to deplete autoimmune cell populations. With SC dosing now in cohorts and the IV phase already producing a clean Th17 + B cell depletion signal, the question is which indication Dragonfly picks for Phase 2.