Delix Therapeutics Explained

Delix Therapeutics, Inc. ("Delix")
Type:Private
Founded:2019
Hq Location:Boston, Massachusetts
Key People:Mark Rus

Delix Therapeutics is an American biotech company based in Boston, Massachusetts.[1] The company develops novel neuroplasticity-promoting therapeutics for central nervous system (CNS) diseases such as depression and post-traumatic stress disorder (PTSD).[2] It was co-founded in 2019 by David E. Olson and Nick Haft.[3]

Company History

The company was founded to develop novel, non-hallucinogenic psychoplastogens, also known as neuroplastogens, to better treat mental health disorders at scale. David E. Olson founded the company following his discovery that psychedelics are highly potent neuroplasticity-promoting compounds. In September 2021, Delix secured a Series A financing round, the largest in the space, to continue their work focused on neuroplastogens and neuroplasticity therapeutics.[4] Also in Fall of 2021, Delix joined the National Institute on Drug Abuse industry partnering program to screen psychoplastogens in models of substance use disorder. In 2021, the company expanded the leadership team, adding a new CEO,[5] CSO, and CMO

Awards

In 2021, Delix was named one of the Fierce 15 of Biotech.[6] In 2022, Nature named Delix Spinout of the Year[7] and Delix was awarded the Healthcare Businesswomen's Association (HBA) ACE award.[8] In 2023, Delix was a finalist for the Prix Galien award for Best Startup[9] and the BWB award for Biotech Innovation of the Year[10] and won the Biotech Breakthrough Award for Neuroscience Therapeutics Company of the Year.[11]

Product Candidates

To date, the company has synthesized over 2000 novel psychoplastogens.[12] Many of these small molecule compounds are analogs of known psychedelics such as ibogaine and 5-MeO-DMT.[13] Delix focuses on the development of non-hallucinogenic psychoplastogens as scalable alternatives to first-generation hallucinogenic psychoplastogens like ketamine and psilocybin.[14]  Their compounds have been engineered to lack cardiotoxicity and psychostimulant properties characteristic of other first-generation psychoplastogens.[15] Two of the company’s known scaffolds are tabernanthalog and AAZ-A-154.[16] Delix has licensed these compounds from UC Davis.[17]

See also

Notes and References

  1. Web site: LaHucik . Kyle . 2021-09-27 . Delix raises $70M to test psychedelic analogs for treating brain disorders in clinical trials next year . 2022-06-08 . Fierce Biotech . en.
  2. Web site: Yakowicz . Will . Delix Therapeutics Pursues A Psychedelic-Inspired Medicine Without The Trip . 2022-05-18 . Forbes . en.
  3. Web site: Kathan . Jesse . December 13, 2021 . Harnessing Psychedelics for Healing . 2022-06-08 . . en.
  4. Salarizadeh . Cynthia . 2022-03-11 . How Capital Markets Are Fueling Psychedelic Medicine Growth . 2022-06-08 . Rolling Stone . en-US.
  5. Web site: Shire neuro head lands at Delix Therapeutics as CEO. 2021-08-27. FierceBiotech. 18 March 2021 . en.
  6. https://www.fiercebiotech.com/special-report/fierce-biotech-s-2021-fierce-15-0
  7. Garber . Ken . Delix Therapeutics : psychedelics without the trip . Nature Biotechnology . 19 August 2022 . 10.1038/d41587-022-00006-0 . 35986098 . 251694020 .
  8. Delix Therapeutics and Pfizer UK Recognized as Gender Equity Champions for Women in the Workplace by Healthcare Businesswomen's Association .
  9. The Galien Foundation Announces 2023 Prix Galien USA Nominees for "Best Digital Health Solution," "Best Medical Technology," "Incubators, Accelerators and Equity," and "Best Startup" .
  10. Web site: Award Categories .
  11. Web site: 2023 Winners .
  12. Web site: Yakowicz . Will . U.S. Government Will Test Ibogaine Derivative As An Addiction Treatment . 2022-06-08 . Forbes . en.
  13. Web site: Andy Extance2020-12-17T14:30:00+00:00 . Chemists tame shamanic addiction treatment . 2022-06-08 . Chemistry World . en.
  14. Web site: A new psychedelics player emerges to treat mental health disorders — minus the hallucinogenic effects . 2022-06-07 . Endpoints News . en.
  15. Web site: scientificinquirer . 2022-03-14 . Industry Matters: Delix Therapeutics is taking Next-Gen psychedelics out of the lab and into the clinic. . 2022-06-07 . Scientific Inquirer . en-US.
  16. Brown . Grace . Can we take the high out of psychedelics? . Wired UK . 6 March 2021 .
  17. Peters . Jamie . Olson . David E . Engineering Safer Psychedelics for Treating Addiction . Neuroscience Insights . January 2021 . 16 . 263310552110338 . 10.1177/26331055211033847 . 8295933 . 34350400.

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