Last deal

Amount

Non-equity Assistance

Stage

15.05.2023

Date

5

all rounds

$6.3M

Total amount

General

About Company
Lys Therapeutics develops innovative drugs to treat neurovascular and neurodegenerative disorders.

Industry

Sector :

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Also Known As

Lys

founded date

01.01.2021

Number of employees

Last funding type

Non-equity Assistance

IPO status

Private

Description

This biotechnology company specializes in the development of Glunozumab, a monoclonal antibody with a unique mechanism of action. By hyperactivating both vascular and neuronal NMDA receptors, Glunozumab disrupts the blood-brain and blood-spinal cord barriers, leading to severe neuronal excitotoxicity. This groundbreaking drug has the potential to address conditions such as stroke and multiple sclerosis, offering new hope for patients suffering from these debilitating disorders.
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