Allakos

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Founded: 2012

Location: San Carlos, CA

Employee range: 50 - 200

Clinical stage: Clin3

Therapy area: Eosinophilic gastritis and/or duodenitis

Drug types: IMM, ALL, RAR, DRM, GI, OPH

Lead product: Lirentelimab (AK002)

Funding: $150M stock Sep 2022; $134M IPO Jul 2018; $100M Dec 2017; $10M Sep 2014; $32M A Dec 2012

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Drug notes:

Also Clin2/Clin3 eosinophilic esophagitis, Clin2a chronic urticaria, Clin1b severe allergic conjunctivitis, Clin1 indolent systemic mastocytosis; AK006 Clin0 undisclosed; AK007 RD undisclosed

About:

Allakos is developing antibody-based therapeutics to treat allergic and inflammatory diseases. Eosinophils and mast cells, both types of immune cells, play a role in pathogenesis of many acute and chronic inflammatory diseases. Allakos is targeting receptors expressed on the surface of different immune cells with therapeutic antibodies. Allakos’ lead therapeutic target, AK002, binds a receptor on eosinophils to deplete them as they are elevated in patients with eosinophilic gastrointestinal diseases. The receptor is Siglec-8, which when activated by the antibody, induces apoptosis in eosinophils. Positive clinical activity of AK002 has already been seen and Allokos is continuing to test the drug in more eosinophil-driven diseases.

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Contact: recruit@workinbiotech.com