Last deal

$14.83M

Amount

Venture - Series Unknown

Stage

14.09.2020

Date

3

all rounds

$99.84M

Total amount

date founded

Financing round

General

About Company
AZTherapies is a clinical-stage biotech company developing breakthrough treatments for neuroinflammation-related diseases.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The Boston-based company is developing a multi-modal approach to stop or slow the progression of neurodegenerative diseases, with a lead candidate, ALZT-OP1, currently in a Phase 3 trial for early Alzheimer’s disease. AZTherapies is also advancing candidates for the treatment of post-ischemic stroke cognitive impairment, ALS, and other indications. The company's innovative approach recognizes neuroinflammation as a root cause of neurodegeneration and leverages the ability of cromolyn, a small molecule, to shift the brain’s innate immune cells from a pro-inflammatory to neuroprotective state.
Contacts

Contact Email

Phone number

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Tas Parafestas

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People

Founders
1
David R. Elmaleh
David R. Elmaleh

David R. Elmaleh

David R. Elmaleh is the founder of [Mersana Therapeutics](https://www.crunchbase.com/organization/mersana-therapeutics#/entity). Previously, he served as the chairman and president of AZTherapies. Elmaleh obtained a bachelor’s degree in chemistry and physics, and master’s degree and PhD in organic chemistry from Hebrew University.

current job

AZTherapies
AZTherapies

David R. Elmaleh

Employee Profiles
12
Marc de Garidel

Marc de Garidel

CEO

Ernie Penachio

Ernie Penachio

Vice President of Manufacturing Operations and CMC

Philip Ashton-Rickardt

Philip Ashton-Rickardt

Senior Vice President of Immunology

George Alex

Senior vice president

Karen R. Reeves, MD

President and Chief Medical Officer

Ljiljana Kundakovic

Advisor

David R. Elmaleh

David R. Elmaleh

Scientific Founder, CEO and Chairman

David Brazier

VP of Clinical Operations

Activity

Recent News
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