Ajax Therapeutics

Ajax Therapeutics

Developing targeted therapies for hematologic cancers through innovative cytokine signaling pathways. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$380—570m (Dealroom.co estimates May 2024.)
New York City New York (HQ)
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Ajax Therapeutics, Inc. is a biotechnology company focused on developing novel therapies for hematologic cancers. Leveraging advances in molecular genetics and biology, Ajax targets key cytokine signaling pathways to create uniquely selective treatments. The company operates in the biopharmaceutical market, primarily serving patients with blood cancers. Ajax's business model involves research and development of proprietary drugs, which are then brought to market through partnerships and collaborations with leading medical institutions and investors. Revenue is generated through licensing agreements, research collaborations, and eventual drug sales. Key clients include healthcare providers, research institutions, and pharmaceutical companies. Ajax has secured funding from prominent investors such as EcoR1 Capital LLC, Boxer Capital, and Inning One Ventures, and collaborates with renowned institutions like Memorial Sloan Kettering Cancer Center and NYU Langone Health. The company is led by a seasoned board of directors with extensive experience in drug discovery and development.

Keywords: hematologic cancers, cytokine signaling, targeted therapies, biotechnology, drug development, molecular genetics, biopharmaceutical, research collaborations, proprietary drugs, healthcare providers.