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Dualyx
Novel Treg-based therapies for autoimmune diseases
About Dualyx
Dualyx is a biotechnology startup that is pioneering the development of next-generation immune modulators. These are essentially drugs that can manipulate the immune system, specifically by expanding regulatory T cells (Tregs) in the body. Tregs are a type of white blood cell that can suppress autoimmune reactions, which are harmful responses where the body attacks its own cells. By increasing the number of Tregs, Dualyx's drugs could potentially provide long-lasting or even curative treatments for patients with autoimmune diseases.
Dualyx's business model revolves around the development and commercialization of these immune modulators. They have a pipeline of multi-specific antibodies, which are proteins designed to target and activate Tregs without affecting other immune cells. This selective action could lead to effective immune suppression with minimal side effects, offering a significant advantage over traditional therapeutics.
Dualyx's lead program, DT-001, is currently in the investigational new drug (IND) enabling studies stage. This drug targets the TNF receptor 2 (TNFR2), a protein that plays a key role in immune suppression and is highly expressed on Tregs. Preliminary results suggest that DT-001 could be effective in treating a wide range of autoimmune diseases.
Dualyx operates in the biotechnology and healthcare markets, serving patients with autoimmune diseases. They collaborate with industry and academic partners, such as argenx, Wurzburg University, KU Leuven, and VIB, to develop their pipeline.
In terms of revenue, Dualyx likely makes money through partnerships, grants, and potentially future sales of their drugs once they are approved and commercialized.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Ghent, Belgium
- Employees
- 6
- Open positions
- None listed
- Dealroom signal
- 56.2/100
- Industry
- Health
- Sub-industry
- BioTechnology
- Sector
- Biotech & Life Sciences, Biotechnology, Spinout, Disease, Hard Tech, proteomics, DT and LS, science-based
- Business model
- Manufacturing
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2023 | $44M | $176M | HTGF · PMV · Gemma Frisius Fund - GFF · Forbion Capital Partners | ↗ |
| OtherOther financing | Jan 2020 | $0 | — | BioGeneration Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Dualyx is 10 monthly website visits, down 99.2% over the last three months. Dualyx's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A9 investors entered at this stage
Forbion Capital Partners
Fountain Healthcare Partners
Andera Partners
HTGF
PMV
Gemma Frisius Fund - GFF
Flanders Institute for Biotechnology
V-Bio Ventures
BioGeneration Ventures
Other known investors1 additional known investor
KU Leuven
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dualyx on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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