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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