Ayala Pharmaceuticals
Targeted Therapies for People with Rare Cancers
Startup Acquired Health Tech & Life Sciences Est. 2017 Acquired
Total Raised
$102M
Acquired
Last Round
$55M
5 rounds
Investors
6
6 public
Team
4
11-50 employees
Confidence
90/100
News
26
articles
Patents
1
About
Ayala Pharmaceuticals is a clinical-stage precision oncology company dedicated to developing and commercializing potential small molecule therapeutics for patients suffering from rare and aggressive cancers, especially in genetically defined patient populations. Ayalas product candidates, AL101 and AL102, are designed to target cancer by addressing the underlying key drivers of tumor growth. Both product candidates target the aberrant activation of the Notch pathway with gamma-secretase inhibitors (GSIs). By developing drugs designed to inhibit Notch pathway activation, Ayala is enabling personalized therapy for cancer patients. In 2017, the company entered into an exclusive worldwide license agreement with Bristol-Myers Squibb for its gamma-secretase inhibitors. Ayalas lead product, AL101, granted orphan drug designation by the FDA in 2019, has completed preclinical and phase 1 studies. A phase 2 study (ACCURACY) for AL101 in patients with adenoid cystic carcinoma bearing activated Notch mutations has been initiated. In 2018, Ayala entered into a deal with Novartis to develop and commercialize AL102 in combination with BCMA-targeting agents in multiple myeloma. In addition, Ayala is evaluating AL102 as an inhibitor of the Notch pathway in hematologic cancers.
Classification
Sector
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & Development
Core Technology
BiologicalsCells
Target Customer
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business Model
B2B
Tags
rare-diseasescancergenomicscell-therapydrug-discoveryoncologytherapeuticspharmaceuticalslife-sciencespatients
Funding & Events
Oct 2023
Exit Undisclosed
Oct 2023
M&A Undisclosed
Nov 2022
Exit Undisclosed
May 2024
Exit Undisclosed
May 2020
Exit Undisclosed
May 2019
B Round $30M
Novartis (Lead), Shavit Capital Fund, Harel Insurance & Finance, Israel Biotech Fund, SBI JI Innovation Fund, aMoon Fund
Jan 2023
Exit Undisclosed
Dec 2017
Seed Undisclosed
aMoon Fund, Israel Biotech Fund, Harel Insurance & Finance
Dec 2017
Non-equity Undisclosed
Bristol-Myers Squibb (BMS)
Apr 2018
A Round $17M
Israel Biotech Fund, Harel Insurance & Finance, aMoon Fund
News (26)
May 8, 2024 · finance.yahoo.com
growth-negative
Ayala Pharmaceuticals Files Form 15 to Voluntarily Deregister and Suspend its Reporting Obligations
Public Trading
Oct 18, 2023 · finance.yahoo.com
growth-positive
Ayala Pharmaceuticals Announces Closing of Merger with Biosight
AcquisitionManagement Changes
Jul 27, 2023 · www.globenewswire.com
Growth-Positive
Ayala Pharmaceuticals and Biosight Enter into Definitive Merger Agreement
Acquired-byManagement Changes
Feb 10, 2023 · www.globenewswire.com
growth-positive
Ayala Pharmaceuticals Reports Financial Results For the Fiscal Year Ended October 31, 2022
Acquired-byManagement Changes
Jan 19, 2023 · www.globenewswire.com
growth-positive
Advaxis and Ayala Pharmaceuticals Complete Merger
AcquisitionManagement Changes
Nov 16, 2022 · www.globenewswire.com
growth-positive
Ayala Pharmaceuticals Announces First Patient Dosed with AL102 in Phase 3 Segment of RINGSIDE Trial in Desmoid Tumors
Customers
Oct 19, 2022 · www.globenewswire.com
growth-positive
Ayala Pharmaceuticals and Advaxis Enter into Merger Agreement
Acquired-byManagement ChangesPublic Trading
May 10, 2020 · en.globes.co.il
growth-positive
Ayala Pharmaceuticals raises $55m in Nasdaq IPO
Investment
May 7, 2020 · www.globenewswire.com
growth-positive
Ayala Pharmaceuticals Announces Pricing of Initial Public Offering
Public Trading
Mar 8, 2020 · en.globes.co.il
growth-positive
Ayala Pharma files for Nasdaq IPO
Public Trading
Mar 3, 2020 · www.businesswire.com
Ayala Pharmaceuticals Granted U.S. FDA Fast Track Designation for AL101 for the Treatment of Recurrent or Metastatic Adenoid Cystic Carcinoma
Jan 7, 2020 · www.calcalistech.com
growth-positive
Ayala Pharmaceuticals Headed for Nasdaq IPO
InvestmentPublic Trading
Sep 30, 2019 · www.businesswire.com
Ayala Pharmaceuticals Presents Encouraging Preliminary Safety and Efficacy Data in Patients with Recurrent/Metastatic Adenoid Cystic Carcinoma with Progressing Disease and Notch Activating Mutations from Ongoing Phase 2 Clinical Trial at ESMO
Sep 19, 2019 · www.businesswire.com
growth-positive
Ayala Pharmaceuticals Announces Presentation at the European Society for Medical Oncology (ESMO)
None
Sep 9, 2019 · www.fiercebiotech.com
N/A
Ayala Pharma nabs AbbVie cancer exec Gordon as CMO
Jul 8, 2019 · www.prnewswire.com
growth-positive
ArcherDX and Ayala Pharmaceuticals Announce Strategic Companion Diagnostic Collaboration
Partners
May 28, 2019 · en.globes.co.il
growth-positive
Cancer drug developer Ayala Pharmaceuticals raises $30m
Investment
May 24, 2019 · www.businesswire.com
Ayala Pharmaceuticals to Present at Raymond James Life Sciences and MedTech Conference
May 20, 2019 · apnews.com
Ayala Pharmaceuticals to Present at ASCO Annual Meeting on Investigational Drug AL101 in Adenoid Cystic Carcinoma and Triple Negative Breast Cancer
May 13, 2019 · www.apnews.com
FDA Grants Orphan Drug Designation to Ayala's AL101 for Potential Treatment of Adenoid Cystic Carcinoma (ACC)
+ 6 more articles
Details
Product Stage
Clinical Trial
Employees
11-50
Exact Count
30
District
Center District
Founded
2017
Registrar
515748697
Crunchbase
ayala-pharmaceuticals
Locations
Prof. Hillel ve-Khanan Oppenheimer St 4, Rehovot, Israel
1007 North Orange Street, Wilmington, DE, USA
Links
Website
LinkedIn
Twitter
Careers
Admin
Last Update
Sep 14, 2024
Verified by
Yanina Wainscheinker
Missing
video or image, markets, not claimed
Team (4)
Ken Berlin
President & CEO
Dana Gelbaum
CBO
David Caron
VP CMC
Irit Klipper-Avni
VP HR
Internal
Created by
Natalia Golczar (ngolczar@gmail.com)
Created
2017-12-19T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Advaxis on Jan, 2023