Tr1X

Tr1X

Develops cellular immunotherapies for autoimmune diseases

About

Tr1X focuses on developing cellular immunotherapies aimed at treating autoimmune and inflammatory diseases. The company uses a unique platform to create cell therapy products that help to rebalance the immune system and restore its normal function, which is essential for long-term health. Unlike many other companies in the biopharmaceutical sector, Tr1X specializes in first-in-class therapies that target the underlying issues of immune system dysfunction. The goal of Tr1X is to provide effective and advanced therapeutic solutions for patients, working closely with healthcare providers to ensure these treatments reach those in need.

Company Stage

Series A

Employees

11-50

Industries

Biotechnology, Healthcare

Total Funding

$73M

Headquarters

San Diego, California

Founded

2018


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Simplify's Take

What believers are saying

  • FDA clearance for TRX103 IND boosts Tr1X's credibility and market potential.
  • $75M Series A funding supports rapid development of Tr1X's therapies.
  • Growing autoimmune therapeutics market offers significant opportunities for Tr1X's products.

What critics are saying

  • Emerging competition in allogeneic Treg therapy could impact Tr1X's market share.
  • High manufacturing costs may pose financial risks for Tr1X.
  • Regulatory hurdles could delay Tr1X's product development and market entry.

What makes Tr1X unique

  • Tr1X uses a proprietary platform for novel cellular immunotherapies.
  • The company focuses on allogeneic regulatory T-cell therapies for autoimmune diseases.
  • Tr1X's TRX103 is the first allogeneic engineered Tr1 regulatory T cell product.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

6%

2 year growth

6%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Company Match

Flexible Work Hours

Stock Options

Performance Bonus

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