Axalbion
↗Lausanne, Switzerland
Axalbion is a clinical-stage biopharmaceutical company focused on developing novel therapies for chronic sensory disorders by targeting TRP (Transient Receptor Potential) ion channels. The company's primary focus is on TRPM8 agonists, a class of molecules that can normalize sensory reflexes in the throat and eye to treat conditions with high unmet needs.
Their lead candidate, AX-8, is being developed as a topical treatment for refractory chronic cough and dry eye disease. By leveraging the cooling and desensitizing properties of TRPM8 activation, Axalbion aims to provide rapid-onset relief and disease-modifying potential for patients who currently have limited therapeutic options.
CLASSIFICATION
Company Type:Biotech
Therapeutic Areas:
Industry:Biotechnology
Sub-Industry:Neuroscience & Respiratory Therapeutics
SIZE & FINANCIALS
Employees:1-50
Revenue:$0M (Clinical Stage)
Founded:2017
Ownership:private
Status:operating
FUNDING
Stage:Series A
Total Raised:$25M-$35M (Estimated)
Investors:Forbion, Seroba Life Sciences, Lundbeckfonden Ventures, Perscitus, EPFL Innovation Park
PIPELINE
Stage:Phase 2
Lead Drug Stage:Phase 2 (Chronic Cough & Dry Eye)
Modalities:Small molecule, TRPM8 Agonist
Active Trials:1
Trial Phases:Phase 2: 1
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Axalbion Therapeutics Limited (UK)
Key Partnerships:Medicines Evaluation Unit (UK clinical trial partner), University of Manchester (Clinical research collaboration)
COMPETITION
Position:Emerging
Competitors:GSK (Camlipixant), Merck (Gefapixant), Viatris (Tyrvaya), Bausch + Lomb (Miebo), Shionogi (S-600918)
LEADERSHIP
Key Executives:
Michael Kitt, MD - CEO
Olivier Poirot, PhD - CSO
Ashley Woodcock, OBE - Executive Chairman
Scientific Founders:Marco Ruedi, Olivier Poirot
Board Members:Ashley Woodcock, Adrian Field, Paul Glyer, Thomas Courtney
LINKS
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