Alume Biosciences
Private Company
Total funding raised: $33M
Overview
Alume Biosciences is pioneering a precision surgery platform with its proprietary nerve-targeted fluorescent imaging agent, ALM-488. Founded in 2017 based on research from a Nobel Laureate, the company's technology aims to reduce iatrogenic nerve damage in complex surgeries, potentially improving functional outcomes for patients. With its lead program in Phase 3 trials and a planned NDA submission in 2026, Alume is positioned to address a significant unmet need in surgical oncology and beyond. The company has garnered support from key surgical thought leaders who recognize the transformative potential of intraoperative nerve visualization.
Technology Platform
Proprietary nerve-targeting fluorescent peptide conjugate (bevonescein/ALM-488) for real-time intraoperative visualization of nerves under near-infrared light.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
The field of fluorescence-guided surgery is growing, but Alume appears to be the first with a specific nerve-targeting agent in late-stage trials. Competition includes general contrast agents (e.g., indocyanine green) and advanced neuromonitoring systems, but none offer direct, real-time visual highlighting of nerve structures.