
Axonis
Advancing breakthrough drug discoveries to develop first-in-class therapies for currently incurable neurological disorders.
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* | $115m | Series A | |
Total Funding | 000k |
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Axonis Therapeutics, Inc. is a Boston-based biotechnology company focused on developing innovative treatments for neurological disorders. The company specializes in creating first-in-class and best-in-class medicines that target KCC2, a critical mediator of inhibition within the brain. Axonis leverages breakthrough discoveries from Boston Hospital, Harvard, and Laval University to develop its proprietary KCC2 discovery engine.
Axonis primarily serves patients suffering from neurological conditions such as epilepsy, pain, and other central nervous system (CNS) pathologies. The company's flagship product, AXN 027, is an oral KCC2 potentiator drug designed to fine-tune inhibition in the brain. First-in-human trials for AXN 027 are scheduled to begin in 2024.
The company operates in the highly specialized neuro-focused biotechnology market. Its business model revolves around advancing its proprietary drug candidates through clinical trials and eventually bringing them to market. Axonis has successfully raised $34 million in dilutive seed funding and $8 million in competitive non-dilutive grants to support its mission.
Revenue generation for Axonis will primarily come from the commercialization of its drug candidates, partnerships with larger pharmaceutical companies, and potential licensing agreements. The company is committed to maintaining the integrity and objectivity of its research activities, ensuring that financial conflicts of interest do not bias its scientific endeavors.
Keywords: KCC2 potentiator, neurological disorders, epilepsy treatment, CNS pathologies, biotechnology, drug development, clinical trials, Boston-based, neuro-focused, AXN 027.