Insights

Strategic Funding AlgoTx has raised EUR 35 million to date with a recent EUR 20 million Series B in 2023, signaling strong investor confidence and potential collaboration or co-development opportunities with pharma partners seeking late-stage clinical program support.

Category Leadership Non-opioid, locally acting ATX01 for chemotherapy-induced peripheral neuropathy positions AlgoTx in a high-need niche of pain management, offering a compelling collaboration angle for biotech and pharma companies looking to expand non-addictive pain therapeutics.

Clinical Momentum Phase II ACT study enrolling over 270 patients with results expected early in 2025, and plans to expedite Phase III, creating near-term milestones ideal for business development discussions around licensing, strategic partnerships, or milestone-based collaborations.

ESG & Trust Recognition with the ESG HealthTech Trophy and a board-backed governance framework enhances credibility for engaging ESG-conscious investors and potential partners prioritizing sustainable biotech development and responsible manufacturing.

Global Reach International study design and leadership with experience bringing global products to market, plus a diverse investor consortium, suggests readiness for global partnerships, cross-border clinical collaborations, and access to multinational pharma networks.

Similar companies to AlgoTx

AlgoTx Tech Stack

AlgoTx uses 8 technology products and services including iCIMS, RSS, WordPress, and more. Explore AlgoTx's tech stack below.

AlgoTx's Email Address Formats

AlgoTx uses at least 1 email format:
AlgoTx Email FormatsExamplePercentage
First@algotx.comJohn@algotx.com
100%

Frequently Asked Questions

What is AlgoTx's official website and social media links?

Minus sign iconPlus sign icon
AlgoTx's official website is algotx.com and has social profiles on LinkedIn.

How much revenue does AlgoTx generate?

Minus sign iconPlus sign icon
As of August 2026, AlgoTx's annual revenue is estimated to be <$1M.

What is AlgoTx's SIC code and NAICS code?

Minus sign iconPlus sign icon
AlgoTx's SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does AlgoTx have currently?

Minus sign iconPlus sign icon
As of August 2026, AlgoTx has approximately 6 employees across 1 continents, including Europe. Key team members include Cfo: E. B., Chief Marketing Officer: G. F. and Founder: S. T. Explore AlgoTx's employee directory with LeadIQ.

What industry does AlgoTx belong to?

Minus sign iconPlus sign icon
AlgoTx operates in the Biotechnology Research industry.

What technology does AlgoTx use?

Minus sign iconPlus sign icon
AlgoTx's tech stack includes iCIMS, RSS, WordPress, MySQL, oEmbed, Microsoft 365, Vimeo and Piwik PRO Core.

What is AlgoTx's email format?

Minus sign iconPlus sign icon
AlgoTx's email format typically follows the pattern of First@algotx.com. Find more AlgoTx email formats with LeadIQ.

How much funding has AlgoTx raised to date?

Minus sign iconPlus sign icon
As of August 2026, AlgoTx has raised $37M in funding. The last funding round occurred on Mar 14, 2023.

When was AlgoTx founded?

Minus sign iconPlus sign icon
AlgoTx was founded in 2018.
AlgoTx logo

AlgoTx

Biotechnology ResearchÎle-de-France, France2-10 Employees

AlgoTx is a biotechnology company focused on developing targeted, pioneering therapies for peripheral neuropathic pain. Its lead candidate, ATX01, is a non-opioid therapy designed to act locally and relieve chemotherapy-induced peripheral neuropathy by selectively inhibiting pain-related sodium channels. Based in Suresnes, Île-de-France, the company has a small team supported by an international board of leaders. The ACT study is an international Phase II trial with more than 270 patients, and results are expected in early 2025, with plans to accelerate toward a Phase III program. In 2023, AlgoTx received France Biotech's ESG HealthTech Trophy for its early commitment to ESG initiatives.

Section iconCompany Overview

Website
algotx.com
SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2018
Employees
2-10

Section iconFunding & Financials

  • $37M

    AlgoTx has raised a total of $37M of funding over 4 rounds. Their latest funding round was raised on Mar 14, 2023 as a Series B.

  • <$1M

    AlgoTx's revenue is estimated to be in the range of <$1M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.