Alys Puts Skin In The Dermatology Game With $100m Launch

 
• By Kevin Grogan
  
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Having adopted a similar model to set up Centessa, investment firm Medicxi is merging six of its portfolio companies to create an ambitious immuno-dermatology group.

Francesco and Thibaud
Francesco De Rubertis (L) and Thibaud Portal • Source: Alys

The dermatology space has become crowded in the last few years but Alys Pharmaceuticals, which has launched with $100m seed financing from healthcare-focused investment firm Medicxi and the backing of world-leading experts in the field, believes it can transform the treatment paradigm for several indications where there is still major unmet need.

Alys brings together six companies from Medicxi’s portfolio, combining the assets of three US-based start-ups (Aldena Therapeutics, Klirna Biotech and...

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