Alume Biosciences

About:

Alume Biosciences is a biotechnology company developing nerve-targeted pharmaceuticals for surgical and therapeutic use.

Website: https://alumebiosciences.com/

Twitter/X: alumebioscience

Top Investors: National Institute of Neurological Disorders and Stroke, Daniel M. Bradbury, Chrysa Mineo

Description:

Alume is a biotechnology company, developing nerve-targeted pharmaceutical agents for surgical and therapeutic use. The company's first product, ALM-488, is a fluorescently labeled peptide-dye conjugate that makes human nerves "glow," helping surgeons reduce injury to critical nerves during surgery. During surgery, inadvertent injury to nerves leads to loss of function, including paralysis, numbness, and decreased quality of life. Alume intends to develop agents including ALM-488 to be used as an adjunct during surgery to help surgeons see nerves better compared to current visualization with white light alone. Alume's technology has the potential to improve the accuracy of nerve identification, decrease operative time, and lead to better outcomes for patients.

Total Funding Amount:

$27.7M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

San Diego, California, United States

Founded Date:

2017-01-01

Founders:

Quyen Nguyen

Number of Employees:

1-10

Last Funding Date:

2023-01-10

IPO Status:

Private

Industries:

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