VERALOX THERAPEUTICS, INC

FREDERICK, MD · Founded 2018 · Biotech · Private

VLX-1005, a first-in-class 12-lipoxygenase (12-LOX) inhibitor molecule for type 1 diabetes

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Updated

Sector
Biotech
Headquarters
FREDERICK, MD
Founded
2018
Latest Form D
$24M, Jun 2023
Total capital
$40.5M
Federal grants
$619K
2 awards · 2018–2019
Rank in peer group#144 of 502
Private capital raised
$39.9M
3 Form D · last Jun 2023
40 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
0
7 pending

Capital timeline

201820192020202120222023FEDERAL ↑EQUITY ↓Cumulative $40.5M$319K$300K1st Form D$1.5M2nd Form D$14.4M3rd Form D$24M
201820192020202120222023FEDERAL ↑EQUITY ↓Cumulative $40.5M$319K$300K1st Form D$1.5M2nd Form D$14.4M3rd Form D$24M

Latest events

  • Private capital raisedForm D · SEC · 3rd filing$24M
  • Private capital raisedForm D · SEC · 2nd filing$14.4M
  • Federal grantHealth and Human S · Phase I · Novel therapeutic for treatment of type 1 diabetes$300K
  • Private capital raisedForm D · SEC · 1st filing$1.5M
  • Federal grantHealth and Human S · Phase I · Development of a 12-LOX inhibitor for heparin induced thrombocytopenia and thrombosis$319K

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

8months

from VERALOX THERAPEUTICS, INC’s first federal award to its first private round.

First federal award · Sep 2018
Health and Human S · $319K
First Form D · May 2019
$1.5M · 1st Form D
Awards before first raise
1 award

An association in public records, not a cause or a prediction.

Standing among 502 peers

Line = median

Biotech · Molecule

  • Federal grants#144 · top 29%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Alex MartinDirectorNamed in SEC Form D filings
  • Benjamin W. ScruggsDirectorNamed in SEC Form D filings
  • Christopher W. GagliardiDirectorNamed in SEC Form D filings
  • David W. MaloneyExecutive Officer, DirectorNamed in SEC Form D filings
  • Jamie StiffDirectorNamed in SEC Form D filings
  • Jeffrey W. StrovelExecutive Officer, DirectorNamed in SEC Form D filings
Show all 11 people
  • Jonathan W. BehrDirectorNamed in SEC Form D filings
  • Jonathan MowExecutive Officer, DirectorNamed in SEC Form D filings
  • Katie W. ElliasDirectorNamed in SEC Form D filings
  • Matthew W. BoxerExecutive Officer, DirectorNamed in SEC Form D filings
  • Megan KrenchDirectorNamed in SEC Form D filings

What it has protected

USPTO · 0 granted of 7
  • PendingCompositions And Methods Of Use To Treat 12-LIPOXYGENASE (12-LOX) Mediated DiseasesUSPTOApplication PCTUS2024035216
  • PendingMethods For Treating Heparin-induced ThrombocytopeniaUSPTOApplication 63570574
  • Pending12-LIPOXYGENASE Inhibitors For The Treatment Of LupusUSPTOApplication PCTUS2023079411
Show all 7 patent records
  • Compositions And Methods Of Use To Treat 12-LIPOXYGENASE (12-LOX) Mediated DiseasesApplication PCTUS2024035216Pending
  • Methods For Treating Heparin-induced ThrombocytopeniaApplication 63570574Pending
  • 12-LIPOXYGENASE Inhibitors For The Treatment Of LupusApplication PCTUS2023079411Pending
  • Oral Pharmaceutical Formulations Containing 4-((2-HYDROXY-3-METHOXYBENZYL)AMINO) Benzenesulfonamide DerivativesApplication PCTUS2023078471Pending
  • Compositions And Methods Of Use To Treat 12-LIPOXYGENASE (12-LOX) Mediated DiseasesApplication PCTUS2022081779Pending
  • Aqueous Parenteral Pharmaceutical Formulations Containing 4- ((2-HYDROXY-3-METHOXYBENZYL)AMINO) Benzenesulfonamide DerivativesApplication PCTUS2022081645Pending
  • Compositions And Methods Of Use To Treat 12-LIPOXYGENASE (12-LOX) Mediated DiseasesApplication 19496351Pending

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.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .