Denali Therapeutics

Denali Therapeutics

Develops treatments for neurodegenerative diseases

About

Denali Therapeutics focuses on developing treatments for neurodegenerative diseases like Alzheimer's, Parkinson's, and ALS, which involve the gradual loss of nerve cells leading to serious health issues. The company uses scientific research to understand the biological pathways that contribute to these diseases, aiming to create drugs that target specific molecules in the body. Denali stands out from competitors by combining its own research efforts with strategic partnerships with other biotech firms and pharmaceutical companies, allowing for shared resources and knowledge. The goal of Denali Therapeutics is to create effective treatments that improve the lives of patients suffering from these debilitating conditions.

Company Stage

IPO

Employees

201-500

Industries

Biotechnology, Healthcare

Total Funding

$337.5M

Headquarters

South San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Denali's $500 million financing strengthens its financial position for pipeline advancement.
  • Partnership with Biogen could accelerate Parkinson's treatment development.
  • Focus on blood-brain barrier technology shows promise in treating lysosomal storage diseases.

What critics are saying

  • Failure in ALS trials raises concerns about pipeline efficacy.
  • Increased competition in ALS treatment could impact market share.
  • Discontinuation of programs due to toxicities highlights potential development challenges.

What makes Denali Therapeutics unique

  • Denali focuses on neurodegenerative diseases like Alzheimer's, Parkinson's, and ALS.
  • The company employs a science-driven approach to translational medicine and clinical development.
  • Denali leverages partnerships to access new technologies and spread financial risk.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-6%

2 year growth

-2%

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