Amylyx Pharmaceuticals

Amylyx Pharmaceuticals

AMLX
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AMLX · Stock Price

USD 15.20+10.59 (+229.72%)
Market Cap: $1.7B

Historical price data

Market Cap: $1.7BPipeline: 12 drugs (5 Phase 3)Patents: 10Founded: 2013HQ: Cambridge, United States

Overview

Amylyx Pharmaceuticals is a commercial-stage biotech focused on developing novel therapies for neurodegenerative and metabolic diseases with significant unmet medical needs. Its foundational achievement is the FDA and Health Canada approval of AMX0035 (RELYVRIO/ALBRIOZA) for ALS, secured via accelerated approval based on Phase 2 data. The company's strategy leverages a modality-agnostic R&D approach to match investigational drugs with diseases where they can have the greatest mechanistic impact, as seen in its expanding pipeline which now includes a first-in-class GLP-1 antagonist for hypoglycemia and an antisense oligonucleotide for ALS. Amylyx is transitioning from a single-product company to a diversified portfolio player while navigating the critical confirmatory trial for its lead asset.

Neurodegenerative DiseasesMetabolic DisordersRare Diseases

Technology Platform

A modality-agnostic R&D approach focused on matching therapeutic mechanisms to disease pathophysiology, initially built on a dual-mechanism neuroprotection platform targeting endoplasmic reticulum stress and mitochondrial dysfunction.

Pipeline

12
12 drugs in pipeline5 in Phase 3
DrugIndicationStageWatch
AMX0035Amyotrophic Lateral SclerosisPhase 3
AvexitidePost Bariatric HypoglycemiaPhase 3
AMX0035Amyotrophic Lateral SclerosisPhase 3
AMX0035Amyotrophic Lateral SclerosisPhase 2/3
AMX0035Progressive Supranuclear PalsyPhase 2/3

Funding History

4
Total raised:$255M
IPO$190M
Series C$30M
Series B$30M
Series A$5M

Company Timeline

2013Founded

Founded in Cambridge, United States

2019Series B

Series B: $30.0M

2020Series C

Series C: $30.0M

2021IPO

IPO — $190.0M