Allievex, a clinicalstage biotechnology company founded by Pappas Capital, is developing novel therapies for the treatment of rare pediatric neurodegenerative diseases. Allievex's lead product candidate is tralesinidase alfa, an investigational enzyme replacement therapy using a novel fusion of recombinant human alphaNacetyglucosaminidase (NAGLU) with a peptide derived from insulinlike growth factor 2 (IGF2) for the treatment of children with Sanfilippo syndrome type B or mucopolysaccharidosis IIIB (MPS IIIB).
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/23/19 | undisclosed | Series A |
Novo Holdings Pappas Capital | undisclosed |