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Companies / Health Care / Aldeyra Therapeutics, Inc.
ALDX

Aldeyra Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker ALDXLEXINGTON, MAFiscal year ends DecemberBook value per share $0.63Diluted shares 60.3M

Aldeyra Therapeutics, Inc. (NASDAQ Capital Market: ALDX) is a biotechnology company devoted to discovering and developing innovative therapies designed to treat immune-mediated diseases. The company's website is located at https://ir.aldeyra.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
—
0.00%
$-33.85M
+39.4% year over year
Last 12 mo $-23.05M
-76.49%
+2.2 percentage points
Last 12 mo -60.85%
Cash & financing
$-33.35M
+22.8% year over year
Last 12 mo $-22.02M
$-33.35M
+22.8% year over year
Last 12 mo $-22.02M
0.34
Was 0.21× a year earlier
Last 12 mo 0.00
60.1M
+1.0% year over year
Last 12 mo 60.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Aldeyra Therapeutics, Inc. does

In the company’s own words

Aldeyra Therapeutics, Inc. (NASDAQ Capital Market: ALDX) is a biotechnology company devoted to discovering and developing innovative therapies designed to treat immune-mediated diseases. The company's website is located at https://ir.aldeyra.com.

Aldeyra's core approach focuses on developing pharmaceuticals that modulate protein systems rather than directly inhibiting or activating single protein targets, with the goal of optimizing multiple pathways simultaneously while minimizing toxicity. The company's primary platform technology centers on reactive aldehyde species, or RASP, modulators—novel small molecules designed to bind and allow for the degradation and depletion of RASP, which are elevated in various inflammatory and immune-mediated diseases.

The company's development pipeline includes several late-stage product candidates. Reproxalap, a topically administered RASP modulator, represents the company's most advanced program and is in late-stage development for the treatment of dry eye disease and allergic conjunctivitis. The compound has been studied in more than 2,500 patients across multiple clinical trials and has demonstrated consistent statistically significant activity with a favorable safety profile. ADX-2191, a novel intravitreal formulation of methotrexate, is being developed for the treatment of primary vitreoretinal lymphoma and retinitis pigmentosa. The company is also advancing next-generation RASP modulators ADX-248 and ADX-246 for systemic and retinal immune-mediated diseases, respectively.

In October 2023, Aldeyra entered into an exclusive option agreement with AbbVie Inc., granting AbbVie an exclusive option to obtain a co-exclusive license in the United States and an exclusive license outside the United States for reproxalap, along with rights of first negotiation and data review in related fields. Under this agreement, AbbVie has the potential to pay up to approximately $400 million in upfront and milestone payments, with profit-sharing arrangements in the United States and tiered royalties internationally upon exercise of the option.

Aldeyra has no approved products for sale and has primarily funded operations through equity and debt financing. The company has devoted substantially all resources to preclinical and clinical development of its product candidates and intends to commercialize approved products either directly or through strategic partnerships.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
LEXINGTON, MA
Fiscal year end
December
CIK
1341235
SIC
2834

Financial performance, year by year

Fiscal 2014–2025 · USD
$-67.71M$-50.66M$-33.61M$-16.55M$0.50M2014201520162016201720182019202020212022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Aldeyra Therapeutics, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

68
funds hold it
0 of 35
superinvestors hold it
$11.29M
held by funds, at market
9.9%
of shares held by funds

Largest fund holders · Aldeyra Therapeutics, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
SMALL COMPANY GROWTH PORTFOLIO
VANGUARD VARIABLE INSURANCE FUNDS
0.04%of fund net assets
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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