Crystalys Therapeutics is a clinical-stage biopharmaceutical company transforming the treatment of gout. Headquartered in San Diego, California, and co-founded by Catalys Pacific and Novo Holdings, Crystalys brings together a world-class team with deep expertise in gout drug development, dedicated to delivering more effective options for people living with gout. The company's lead candidate, dotinurad, is a next-generation, once daily oral, URAT1 inhibitor in clinical development as a second-line therapy aimed to reduce uric acid, gout flares and tophi. Dotinurad was invented by Fuji Yakuhin and has obtained regulatory approval in Japan, China, Philippines and Thailand. With best-in-class potential for both safety and efficacy, dotinurad is supported by clinical data from multiple Asian markets where it is approved. Crystalys is advancing dotinurad in global Phase 3 trials toward regulatory approval and commercial launch.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/06/25 | $205,000,000 | Series A |
Aberdeen Investments Alexandria Venture Investments AN Ventures Catalys Pacific ![]() KB Investments Lightstone Ventures Longwood Fund Novo Holdings ![]() Perceptive Xontogeny Venture Fund Pontifax Prebys Ventures Fund SR One ![]() Wedbush Healthcare Partners | undisclosed |