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Altay Therapeutics

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Altay Therapeutics

Altay develops disease-modifying therapies targeting transcription…

altaytherapeutics.com
HQ: San Carlos, CA, USA; South San Francisco, CA, USA
1-10
Healthcare

Company research

Public company, workplace, funding, and market signals

Overview

Altay Therapeutics is a San Francisco-based biopharmaceutical company developing oral small-molecule inhibitors of transcription factors to address serious, underserved diseases. Its lead program is DX5057, an oral DUX4 inhibitor for FSHD, alongside a STAT3 program for inflammatory diseases and oncology.

Primary product

DX5057, an oral DUX4 inhibitor for facioscapulohumeral muscular dystrophy (FSHD)

Founded

2019

Headquarters

San Francisco, California, United States

Team size

1-10

Industry

Biotechnology Research

Sub-industry

Biopharmaceutical drug discovery

Offices

455 Mission Bay Blvd S, San Francisco, California 94158, United States (HQ)
San Francisco, California, United States
United States (3 offices)

Business model

drug discovery
drug development

Funding

Stage

Seed

Total raised

$3.4M

Latest round

Grant · Sep 2023

Latest amount

$275K

People & investors

Leadership

Mike Grey

Executive Chair

Jim Breitmeyer

Chief Executive Officer, Board Director

Ali Ozes

Founder and CSO

Osman N. Ozes

Founder

Eric Bjerkholt

Board member

Eva Chin

Board member

Alejandro Dorenbaum

Chief Medical Officer

Grace M. Furman

Toxicology

Chaline Strickland

Regulatory

Bingidibi Mobele

CMC/Process Chemist

Jason Brittain

Drug Product

Klaus Jensen

DMPK

Lars Nordholm

Project Manager

Lee Latimer

MedChem

Noopur Liffick

Advisor

Investors

Creative Destruction Lab
FSHD Global
National Institutes of Health
National Science Foundation
SOLVE FSHD
Tachyon Ventures
Y Combinator

Work & culture

Product & market

Differentiators

  • —Therapeutic-area-agnostic platform that finds novel allosteric sites on transcription factors
  • —First oral small-molecule DUX4 inhibitor (DX5057)
  • —Broad pipeline spanning FSHD, STAT3/inflammation, and oncology
  • —Explicit focus on previously considered "undruggable" transcription factors
  • —Uses genetics, structural work, AI, and chemoproteomics to identify druggable pockets

Technology

biochemical assays
next-generation computational biology
chemoproteomics
genetics
structural biology
AI
allosteric site discovery
small-molecule medicinal chemistry
Google Cloud
Google Cloud CDN
Wix

Customers

patients with FSHD
patients with inflammatory diseases
patients with cancer

Competitors

Excision BioTherapeutics
Cedilla Therapeutics

Scale & contact

Estimated revenue

Third-party estimates vary from roughly $0.75M to $10M annually; several sources place it in the low-single-digit millions.

Estimated monthly visits

1.3K

info@altaytherapeutics.com(650) 455-1147

Latest news

FDA grants Orphan Drug Designation to DX5057

Altay Therapeutics LinkedIn · Nov 2025

Altay announced that the FDA granted Orphan Drug Designation to DX5057, described as the first and only oral small-molecule DUX4 inhibitor in development for FSHD.

Altay named a finalist for the $10M FSHD Bonus Prize

Altay Therapeutics LinkedIn · May 2025

Altay said it was selected as one of eight finalists for the $10M FSHD Bonus Prize, with a $250,000 award to advance feasible FSHD solutions.

Mike Grey joins Altay Therapeutics as Executive Chairman of the Board

Ali Ozes LinkedIn · Nov 2024

Altay announced that Dr. Mike Grey joined as Executive Chairman of the Board.

Astellas and MBC BioLabs Announce 2023 Future Innovator Prize Awarded to TippingPoint Biosciences and Altay Therapeutics

PR Newswire · Dec 2023

Altay won the Astellas-sponsored Future Innovator Prize at MBC BioLabs, gaining access to lab space and Astellas resources.

SOLVE FSHD invests US$3 million in Altay Therapeutics

GlobeNewswire · Sep 2022

SOLVE FSHD announced a US$3 million investment in Altay Therapeutics to accelerate development of a DUX4 inhibitor for FSHD.

SourcesOfficial websiteLinkedIn company pageY Combinator profileThe Org leadership pageGlobeNewswire funding releaseBioSpace funding articlePR Newswire Astellas prize announcementSBIR award pageSBIR business contact pageCB Insights financials pageCaplight company page

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