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COMPANY

Allyx Therapeutics Inc.

HQ: New Haven, CT source · allyxthera.com ↗ · New England

Clinical Phase 1

Location: New Haven, CT · source · Oct 15, 2026

Profile checked Oct 10, 2026

Keywords: Alzheimer's Disease Drug Drug Interaction Alzheimer Disease Dementia Parkinson Disease BMS-984923 BMS-9894923

4Trials (company is sponsor)3NIH grants

Funding and NIH signals

Job counts as of Oct 18, 2026. All funding and NIH signals

Timeline

  1. Grant Government grant — SBIR: $1.67M (annual award, as published), announced Jun 27, 2025. Agency: NIH/NIA. Source: government award database. source ↗
  2. Trial start Phase 1: A Study Evaluating the Potential of BMS-984923 to Alter the Systemic Exposure of Three Orally Administered Probe Substrates source ↗
  3. Grant Government grant: $3.3M (total, as published), announced Oct 15, 2024. Source: company release on GlobeNewswire. source ↗
  4. Trial start Phase 1: A Study to Assess the Safety of BMS-984923 Compared to Placebo, in People With Parkinson's source ↗
  5. Trial start Phase 1: A Multiple Ascending Dose Study in Healthy Volunteers and Patients With Alzheimer's Disease source ↗
  6. Trial start Phase 1: Food Effect Study of BMS-984923 in Healthy Older Adult Volunteers source ↗

Funding

Last 2 years.

Clinical trials (lead sponsor) 4

RecordTitlePhaseStatusStartPrimary completion
NCT05804383A Multiple Ascending Dose Study in Healthy Volunteers and Patients With Alzheimer's DiseasePhase 1CompletedMar 28, 2023Jul 15, 2025 (actual)
NCT06632990A Study Evaluating the Potential of BMS-984923 to Alter the Systemic Exposure of Three Orally Administered Probe SubstratesPhase 1Active, not recruitingNov 4, 2024Apr 3, 2025 (estimated)
NCT05817643Food Effect Study of BMS-984923 in Healthy Older Adult VolunteersPhase 1Unknown status (ClinicalTrials.gov)Jan 10, 2023Feb 27, 2023 (actual)
NCT06309147A Study to Assess the Safety of BMS-984923 Compared to Placebo, in People With Parkinson'sPhase 1Unknown status (ClinicalTrials.gov)Mar 15, 2024Feb 15, 2025 (estimated)

NIH awards 3

Annual award amounts. Total $3.7M.

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