US00887A2042 - Common Stock
AILERON THERAPEUTICS INC
NASDAQ:ALRN (5/1/2024, 7:00:00 PM)
4.16
-0.39 (-8.57%)
Aileron Therapeutics, Inc. is a clinical stage biopharmaceutical company, which engages in the development and commercialization of a novel class of therapeutics for the treatment of cancer and other diseases. The company is headquartered in Waltham, Massachusetts and currently employs 6 full-time employees. The company went IPO on 2017-06-29. The company is focused on developing medicines to make chemotherapy safer. Its ALRN-6924 product is a MDM2/MDMX dual inhibitor that leverages its peptide drug technology, which is designed to activate p53, which in turn upregulates p21, a known inhibitor of the cell replication cycle. ALRN-6924 is the chemoprotective agent in clinical development, which focused on treating patients with p53-mutated cancers. The company is developing ALRN-6924 to selectively protect healthy cells in patients with cancers that harbor p53 mutations to reduce or eliminate chemotherapy-induced side effects without interrupting chemotherapy’s destruction of cancer cells. The company stabilizes peptides by stapling them with hydrocarbon bonds into their natural alpha-helical conformation. ALRN-6924 can pause cell division in cells with wild type, p53, include normal bone marrow cells and ALRN-6924 has no activity against cancer cells with mutations in p53.
AILERON THERAPEUTICS INC
738 Main Street, Unit 398
Waltham MASSACHUSETTS 02472
P: 16179950900
CEO: Manuel C. Alves Aivado
Employees: 6
Website: https://aileronrx.com/
Includes initial funding of approximately $20 million, as well as the potential for additional proceeds of approximately $20 million from exercise of three-year warrants issued in offering
Includes initial funding of approximately $20 million, as well as the potential for additional proceeds of approximately $20 million from exercise of...
Low-dose LTI-03 (2.5 mg BID), a Caveolin-1 related peptide, reduced expression of multiple profibrotic proteins in both pathological basal-like cells and...
Aileron Therapeutics just reported results for the fourth quarter of 2023.
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