Company profile for Allyx Therapeutics

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About

Allyx Therapeutics is focused on introducing a novel approach to preserve and protect synapses for individuals with neurodegenerative diseases. Their lead compound, ALX-001, represents a first-in-class oral therapy with a distinctive mechanism of action targeting mGluR5. Clinical programs, particularly in Alzheimer's disease (Phase 1b), are actively progressing. Founded in 2019 by a team of Yale scientists, experienced biophar...
Allyx Therapeutics is focused on introducing a novel approach to preserve and protect synapses for individuals with neurodegenerative diseases. Their lead compound, ALX-001, represents a first-in-class oral therapy with a distinctive mechanism of action targeting mGluR5. Clinical programs, particularly in Alzheimer's disease (Phase 1b), are actively progressing. Founded in 2019 by a team of Yale scientists, experienced biopharma industry professionals, and venture capitalists, Allyx has secured funding from various sources, including non-dilutive support from the National Institutes of Health (NIH).

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CONTACT DETAILS

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Country
Country
U.S.A
Address
Address
555 Long Wharf Drive Floor 11 New Haven, CT 06511
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NEWS #PharmaBuzz

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https://www.globenewswire.com/news-release/2024/10/15/2963064/0/en/Allyx-Therapeutics-Awarded-3-3-Million-NIH-Grant-to-Support-Further-Clinical-Studies-of-Lead-Candidate-ALX-001.html

GLOBENEWSWIRE
15 Oct 2024

https://www.globenewswire.com/news-release/2024/09/04/2940463/0/en/Allyx-Therapeutics-Announces-First-Parkinson-s-Disease-Patient-Treated-with-ALX-001.html

GLOBENEWSWIRE
04 Sep 2024

https://www.globenewswire.com/news-release/2024/06/11/2896705/0/en/Allyx-Therapeutics-Announces-First-Alzheimer-s-Disease-Patient-Treated-with-Lead-Compound-ALX-001.html

GLOBENEWSWIRE
11 Jun 2024

https://www.globenewswire.com//news-release/2024/03/11/2843754/0/en/Allyx-Therapeutics-Announces-Positive-Phase-1b-Multiple-Ascending-Dose-Data-and-Advances-ALX-001-to-Patients.html

GLOBENEWSWIRE
11 Mar 2024

https://www.globenewswire.com//news-release/2024/03/05/2840394/0/en/Allyx-Therapeutics-Announces-Expansion-into-Parkinson-s-Disease-Clinical-Research-with-Lead-Compound-ALX-001-Following-IND-Acceptance.html

GLOBENEWSWIRE
05 Mar 2024

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