
Asalyxa Bio
Biotech | Asalyxa Bio Home.
Date | Investors | Amount | Round |
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- | investor investor | €0.0 | round |
investor investor investor investor investor investor | €0.0 | round | |
N/A | - | ||
Total Funding | 000k |
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Asalyxa Bio, a biopharmaceutical firm established in 2020, is focused on developing therapeutics for significant unmet medical needs driven by immune system dysregulation. The company was co-founded by Dr. Lola Eniola-Adefeso, a chemical engineering professor at the University of Michigan, and Marc Appel, who also serves as the President and CEO. Dr. Eniola-Adefeso's extensive research into neutrophils, the body's 'first responder' white blood cells, forms the scientific foundation of the company. Her work demonstrated that these cells can cause significant damage when their response is not properly controlled.
The company's core asset is its proprietary PANTHER (Poly-Aspirin Nanoparticle THERapeutics) technology platform. This platform facilitates the targeted delivery of therapeutic compounds directly to over-reactive immune cells, specifically neutrophils. This method aims to concentrate treatment where it's needed, potentially minimizing side effects associated with less targeted therapies. The business model centers on the development and commercialization of a pipeline of drug candidates derived from this platform technology. A key milestone was achieved in February 2021, when Asalyxa Bio secured over $2 million in an over-subscribed seed financing round led by Research Bridge Partners and ID Ventures. This capital was earmarked to advance its lead candidate into first-in-human clinical trials.
Asalyxa Bio's lead drug candidate is ASX-100, a formulation designed to deliver a multi-functional anti-inflammatory compound to attenuate the systemic innate immune responses that cause Acute Respiratory Distress Syndrome (ARDS). ARDS is a severe inflammatory condition with a high mortality rate and no approved pharmaceutical treatments, representing a substantial market opportunity. The condition affects hundreds of thousands of individuals annually, often as a complication of severe respiratory diseases like influenza or COVID-19. ASX-100 is designed to specifically target neutrophils, which play a key role in the excessive inflammatory response, often called a "cytokine storm," that characterizes ARDS. The PANTHER platform itself offers broad potential, enabling the development of a portfolio of therapies to transport various payloads to myeloid immune cells for a wide range of inflammatory diseases.
Keywords: biopharmaceutical, drug delivery, neutrophil targeting, PANTHER platform, inflammatory diseases, Acute Respiratory Distress Syndrome, ARDS, cytokine storm, immune cell-targeted therapeutics, nano-engineered therapeutics, ASX-100, Lola Eniola-Adefeso, Marc Appel, University of Michigan spinout, anti-inflammatory, immunotherapy, targeted therapy, drug development, life sciences, clinical trials