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Veralox Therapeutics
AddedFeb 17, 2024
UpdatedJun 18, 2026
Veralox Therapeutics

Veralox Therapeutics

Series B

Veralox Therapeutics: A biotech firm innovating first-in-class molecule therapeutics for unmet needs.

HQ
Frederick, MD, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

Veralox Therapeutics, founded with a mission to address significant unmet medical needs, is a biotechnology company focused on developing first-in-class small molecule therapeutics. Their core vision is to treat the underlying pathologies of various diseases, particularly those related to immune-mediated conditions. The company's lead candidate, VLX-1005, is being developed for the treatment of heparin-induced thrombocytopenia (HIT), a severe immune-mediated adverse drug reaction.

Notable individuals affiliated with Veralox include Jonathan Mow, who serves as the Chief Executive Officer. The company has secured substantial financing to fully fund the Phase II clinical program for VLX-1005. Veralox has achieved favorable results in Phase I studies, positioning itself as a promising player in the biotech industry. Their innovative approach and successful early-stage trials underscore their potential impact on improving therapeutic options for patients with critical medical needs.

Veralox Therapeutics - Quick Facts

When was Veralox Therapeutics founded?

Veralox Therapeutics was founded in 2018.

Where is Veralox Therapeutics' headquarters located?

Veralox Therapeutics' headquarters is located in Frederick, MD, US.

When was Veralox Therapeutics' last funding round?

Veralox Therapeutics' most recent funding round was for $24M (USD) in June 2023.

How much has Veralox Therapeutics raised to-date?

As of Jun 20, 2023, Veralox Therapeutics has raised a total of $47.5M (USD).

How many employees does Veralox Therapeutics have?

Veralox Therapeutics has 17 employees as of Feb 5, 2024.

Veralox Therapeutics - Classification

Ownership
  • Venture Capital
Technology
  • Biotech
Geographic Exposure
  • United States
Revenue
  • Recurring
  • Software
Customer
  • Enterprise
Main Product
  • Drug Development
  • Therapeutics
Tags
  • Healthtech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541714Research and Development in Biotechnology (except Nanobiotechnology)
  • 541000Professional, Scientific, and Technical Services
  • 541700Scientific Research and Development Services
  • 541710Research and Development in the Physical, Engineering, and Life Sciences
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8730Research, Development, And Testing Services
  • 8731Commercial Physical and Biological Research
Show 13 more industry codes
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 620000Health Care and Social Assistance
  • 325000Chemical Manufacturing
  • 623000Nursing and Residential Care Facilities
  • 325410Pharmaceutical and Medicine Manufacturing
  • 325412Pharmaceutical Preparation Manufacturing
SIC
  • 2800Chemicals And Allied Products
  • 8000Health Services
  • 2830Drugs
  • 8040Offices And Clinics Of Other Health Practitioners
  • 2834Pharmaceutical Preparations
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified