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Companies / Health Care / Polaryx Therapeutics, Inc.
PLYX

Polaryx Therapeutics, Inc.

Health CarePharmaceutical Preparations
Ticker PLYXPARAMUS, NJFiscal year ends DecemberBook value per share $0.10Diluted shares 45.4M

Polaryx Therapeutics, Inc. (trading symbol not specified; exchange: The Capital Market) is a clinical-stage biotechnology company dedicated to discovering, developing, and commercializing novel disease-modifying therapies for rare, pediatric lysosomal storage disorders. The company website is not provided in the… From the company’s description.

Fiscal year 2025 · ends 12-31
Sales & profitability
—
0.00%
$-8.98M
-196.82%
Cash & financing
$-3.94M
$-3.94M
—
45.4M

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 Polaryx Therapeutics, Inc. does

In the company’s own words

Polaryx Therapeutics, Inc. (trading symbol not specified; exchange: The Capital Market) is a clinical-stage biotechnology company dedicated to discovering, developing, and commercializing novel disease-modifying therapies for rare, pediatric lysosomal storage disorders. The company website is not provided in the filing.

The company focuses on a multi-modal therapeutic approach integrating small molecule therapies and gene therapy to address both genetic and downstream pathological features of lysosomal storage disorders. Polaryx's pipeline centers on four primary candidates: PLX-200, an oral small molecule based on gemfibrozil being advanced through a Phase 2 proof-of-concept basket trial called SOTERIA; PLX-300, a novel oral small molecule in IND-enabling studies; PLX-100, a preclinical combination therapy pairing PLX-200 with vitamin A; and PLX-400, a preclinical gene therapy program.

The company's therapeutic focus targets approximately 50,000 lysosomal storage disorder patients across the United States, Europe, and select regions worldwide. Polaryx concentrates on neuronal ceroid lipofuscinoses, representing approximately 15 percent of the lysosomal storage disorder population, along with Krabbe disease, Tay-Sachs and Sandhoff diseases, and Niemann-Pick disease types A and B. These conditions are characterized by progressive neurodegeneration, developmental regression, seizures, blindness, and early mortality, with most lacking approved disease-modifying therapies.

Polaryx was founded in August 2014 as a Wyoming corporation and redomesticated to Nevada in October 2025. Since inception through the filing date, the company has raised $21.7 million from institutional and private investors. The company operates with a lean structure, leveraging a Services Agreement with controlling stockholder Mstone Partners Healthcare Limited, a Hong Kong-based biotechnology and healthcare incubator, which provides comprehensive operational support across preclinical and clinical development, regulatory engagement, scientific and medical affairs, business development, intellectual property management, and investor relations.

The company's lead candidate, PLX-200, has received three orphan drug designations and Fast Track designation from the FDA. PLX-200 is being pursued through the 505(b)(2) regulatory pathway as a repurposed drug, leveraging gemfibrozil's established safety profile while introducing a novel pediatric-friendly oral solution formulation and establishing optimal pediatric dosing regimens.

Company details
Sector
Health Care
Industry (SIC)
Pharmaceutical Preparations
Headquarters
PARAMUS, NJ
Fiscal year end
December
CIK
2075320
SIC
2834

Financial performance, year by year

Fiscal 2025–2025 · USD
$-9.98M$-9.48M$-8.98M$-8.48M$-7.98M2025

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 Polaryx Therapeutics, Inc. — and what changed

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

9
funds hold it
0 of 35
superinvestors hold it
$4.88M
held by funds, at market
3.6%
of shares held by funds

Largest fund holders · Polaryx 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 Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Nasdaq Composite Index Fund
FNCMX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
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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