Allay Therapeutics

Menlo Park, United States Founded: 2017 • Age: 9 yrs
Post-surgical pain drugs are developed using non-opioid biopolymer technology.
Annual revenue - Latest available
Total funding $146.9M 6 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About Allay Therapeutics

Allay Therapeutics is a company based in Menlo Park (United States) founded in 2017. Allay Therapeutics has raised $146.89 million across 6 funding rounds from investors including Evonik, HHS and Temasek. Allay Therapeutics offers products and services including Localized Pain Management Technology. Allay Therapeutics operates in a competitive market with competitors including Flexion Therapeutics, Cara Therapeutics, Eliem Therapeutics, Ethypharm and Zogenix, among others.

  • Headquarter Menlo Park, United States
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Allay Therapeutics, Inc.
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $146.89 M (USD)

    in 6 rounds

  • Latest Funding Round
    Not available
  • Investors
    Evonik

    & 10 more

  • Employee Count
    Not available
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Products & Services of Allay Therapeutics

Allay Therapeutics offers a comprehensive portfolio of products and services, including Localized Pain Management Technology.

Product name locked
Category locked
Primary

Technology designed to provide weeks of targeted pain relief for patients.

People of Allay Therapeutics

Headcount 10-50
Employee Profiles 12
Board Members and Advisors 10
Employee Profiles
People
David Hewitt
Chief Medical Officer
People
Negar Shiraz
In-House Clinical Research Associate
People
Adam D. Gridley
Chief Executive Officer
People
Koon Kiat Teu
Gm, Singapore

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Board Members and Advisors
people
Mike Carusi
Director
people
Tak Cheung
Director
people
Mark Deem
Director
people
Leighton Read
Director

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Funding Insights of Allay Therapeutics

Allay Therapeutics has successfully raised a total of $146.89M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Allay Therapeutics

Allay Therapeutics has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Evonik, HHS and Temasek.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Healthcare venture capital investments are made by Arboretum Ventures.
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Venture capital investments are offered to startups by NEA.
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An investment platform is provided for diverse sectors and geographies.
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Investor details for Allay Therapeutics

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Investments & Acquisitions by Allay Therapeutics

Investments
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Investment portfolio details for Allay Therapeutics

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Financial Statements - Allay Therapeutics

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Detailed financials for Allay Therapeutics

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Allay Therapeutics Comparisons

Allay Therapeutics Primary company
Description
Post-surgical pain drugs are developed using non-opioid biop...
Location
Menlo Park, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Allay Therapeutics

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Competitors of Allay Therapeutics

Allay Therapeutics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flexion Therapeutics, Cara Therapeutics, Eliem Therapeutics, Ethypharm and Zogenix, among others.

Company Name Domain Founded year HQ Location Description
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Developer of therapies for the treatment of musculoskeletal disorders
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Developer of therapeutics for pain relief and inflammatory diseases
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Develops antibody-based treatments for autoimmune and inflammatory disorders.
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Therapies for pain and addiction treatment are developed.
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Drug delivery systems for CNS disorders and pain are developed.
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Pain treatment products are developed through reformulation technologies.
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Detailed competitors of Allay Therapeutics

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Latest news on Allay Therapeutics

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Complete news archive for Allay Therapeutics

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Frequently Asked Questions about Allay Therapeutics

Allay Therapeutics was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Allay Therapeutics is headquartered in Menlo Park, United States. It is registered at Menlo Park, California, United States.

Allay Therapeutics is a funded company, having raised a total of $146.89M across 6 funding rounds to date.

Allay Therapeutics was founded in 2017 in Menlo Park, United States, within the biotechnology sector. Drugs for post-surgical pain management are developed through a proprietary platform that integrates non-opioid analgesics with biopolymers, resulting in dissolvable candidates for site-targeted relief. The lead candidate, ATX-101, is aimed at knee rehabilitation following surgery. Additional injectables, ATX-201 and ATX-301, are created for on-demand pain control.

Allay Therapeutics's top competitors include Flexion Therapeutics, Cara Therapeutics and Trevena.

Allay Therapeutics offers Localized Pain Management Technology.

Allay Therapeutics has 11 investors. Key investors include Evonik, HHS, Temasek, Arboretum Ventures, and NEA.

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