NEW YORK/R&D/CTR/TRANSLATIONAL MED/THER

Biotech · Private

Altenex, a biologic drug consisting of exosomes derived from mesenchymal stem cells cultured on engineered 3D scaffolds for tendinopathy treatment

Grants
$6.0M
12 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
—
No federal contracts on record
Patents
—
No published records under this name
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal grantDepartment of Health and Human Services · Phase I · A product for osteoarthritis treatment and prevention$243,994
Federal grantDepartment of Health and Human Services · Phase I · A novel product for tendinopathy treatment$225,042
Federal grantDepartment of Health and Human Services · Phase I · A novel nutraceutical drug for tendinopathy treatment$225,000
Federal grantDepartment of Health and Human Services · Phase I · Gene and Stem Cell-Based Treatment for Tendinopathy$225,392
Federal grantDepartment of Health and Human Services · Phase II · A novel product for tendinopathy treatment$924,366
Federal grantDepartment of Health and Human Services · Phase II · A novel product for tendinopathy treatment$20,300
Federal grantDepartment of Health and Human Services · Phase II · A novel product for tendinopathy treatment$831,571
Federal grantDepartment of Health and Human Services · Phase II · miRNA drug for tendinopathy$737,376
Federal grantDepartment of Health and Human Services · Phase II · miRNA drug for tendinopathy$568,966
Federal grantDepartment of Health and Human Services · Phase II · Exosome drug for tendinopathy$766,269
Federal grantDepartment of Health and Human Services · Phase II · miRNA drug for tendinopathy$560,060
Federal grantDepartment of Health and Human Services · Phase II · Exosome drug for tendinopathy$719,580
Federal grant · SBIR/STTR

Peer position

Biotech · 4373 companies · ranked on federal contract value
Biotech companies ranked by federal contract value
#CompanyContractsDisclosed equity
3094AGYPHARMA, LLC——
3095TINY CARGO COMPANY, THE——
3096NEUROLUX, INC.——
3097NEW YORK/R&D/CTR/TRANSLATIONAL MED/THER——
3098ImmPORT Therapeutics Inc dba Antigen Discovery Inc——
3099ASSUAGE PHARMACEUTICALS, INC.——
3100TUNITAS THERAPEUTICS, INC.——

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Regulatory activity · Biotech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.