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Lyra Therapeutics
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LYR-220 (mometasone furoate) is a bioresorbable, polymetric matrix that is designed to deliver six months of continuous anti-inflammatory medication (7500µg MF) to the sinonasal passages for the treatment of CRS.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: LYR-220

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 12, 2023

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LYR-210 (mometasone furoate) is a bioresorbable nasal implant which is intended to deliver up to six months of continuous, proven anti-inflammatory therapy, mometasone furoate, to the sinonasal passages to treat chronic rhinosinusitis (CRS).


Lead Product(s): Mometasone Furoate

Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable August 29, 2023

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The financing will be used to complete company's pivotal clinical trials of LYR-210 (mometasone furoate), a bioresorbable nasal mesh, being developed in Phase 3 for chronic rhinosinusitis (CRS) patients.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Perceptive Advisors

Deal Size: $50 million Upfront Cash: Undisclosed

Deal Type: Private Placement June 01, 2023

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Details:

LYR-210 is a bioresorbable nasal implant which is intended to deliver up to six months of continuous, proven anti-inflammatory therapy, mometasone furoate, to the sinonasal passages to treat chronic rhinosinusitis (CRS).


Lead Product(s): Mometasone Furoate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 25, 2023

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Details:

LYR-220 (mometasone furoate) is a bioresorbable, polymetric matrix that is designed to deliver six months of continuous anti-inflammatory medication (7500µg MF) to the sinonasal passages for the treatment of CRS.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: LYR-220

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 06, 2023

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LYR-220 (mometasone furoate) is designed as a non-invasive alternative to repeat sinus surgery for CRS patients who have an enlarged nasal cavity due to sinus surgery but continue to require treatment to manage CRS. symptoms.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Pulmonary/Respiratory Diseases Product Name: LYR-220

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 13, 2022

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LYR-210 (mometasone furoate) is an investigational product candidate that utilizes Lyra's proprietary XTreoTM platform to enable six months of local, intra-nasal, anti-inflammatory therapy from a single treatment for CRS.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 08, 2022

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The positive data for LANTERN Phase 2 results for LYR-210 treated subjects reported dose-dependent global symptom improvement, achieving statistical significance (p<0.05) in each SNOT-22 subdomain compared to control at week 24.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 30, 2022

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Details:

LYR-220, an investigational product candidate that utilizes Lyra's proprietary XTreo™ platform to enable six months of single treatment for chronic rhinosinusitis in patients with post-surgical anatomy.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: LYR-220

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 25, 2022

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Details:

LYR-210 is an anti-inflammatory implantable drug matrix based upon Lyra’s XTreo™ platform designed to elute mometasone furoate consistently and locally to inflamed mucosal tissue of surgically-naive CRS patients for up to six months from a single treatment.


Lead Product(s): Mometasone Furoate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: LYR-210

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 21, 2022

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