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Polaryx Therapeutics Filed Terms, Nasdaq: PLYX

Phase 2-ready biotech targeting rare lysosomal storage disorders.

Industry: Health Care

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Industry: Health Care

We are a clinical-stage biotechnology company committed to the discovery, development, and commercialization of novel, disease-modifying therapies for rare, pediatric lysosomal storage disorders (“LSDs”). Our therapeutic philosophy is centered on delivering safe, effective, and patient-friendly treatments that address the underlying pathophysiology of these catastrophic diseases and their significant unmet need. Our multi-modal approach integrates small molecule therapies, including a combination therapy, and a gene therapy, positioning us to potentially address both the genetic and downstream pathological features of LSDs. Our small molecule drug candidates share target indications, as well as similar modes of action, that have been demonstrated to address lysosomal dysfunction, neuroinflammation, and neuronal loss in our validated animal models that closely mimic human clinical phenotypes. Our most advanced product candidate, PLX-200, targets several LSDs and we intend to launch a Phase 2 proof-of-concept basket trial which may enhance PLX-200’s potential to become the standard of care across multiple LSDs. Our drug candidate pipeline includes: PLX-200; PLX-300; PlX-100: PLX-400.
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IPO Data
IPO File Date 11/21/2025
Offer Price
Price Range $0.64 - $0.64
Offer Shares (mm) 189.4
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $0.64 - $0.64
Offer Shares (mm) 189.4
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Paramus, NJ, United States
Founded 2014
Employees at IPO 11
Website www.polaryx.com

Polaryx Therapeutics (PLYX) Performance