LeadIQ logo
Learn more at LeadIQ.com

Insights

Cutting-Edge Biotech Solutions Lyra Therapeutics is pioneering innovative therapies for chronic rhinosinusitis through advanced drug delivery technology, presenting a unique value proposition to healthcare providers seeking effective localized treatment options.

Targeted Treatment Approach By offering bioresorbable polymeric matrices for prolonged drug release directly to sinonasal passages, Lyra's product candidates, LYR-210 and LYR-220, demonstrate the potential to address unmet needs in CRS management, appealing to healthcare institutions focused on improving patient outcomes.

Strategic Market Positioning With a growing emphasis on precision medicine and personalized healthcare, Lyra's localized drug delivery technology aligns well with market trends, positioning the company favorably to capitalize on the increasing demand for targeted therapies in the biopharmaceutical sector.

Solid Financial Backing Having secured $50 million in funding and operating within the revenue range of $10-50 million, Lyra exhibits financial stability and growth potential, reflecting positively on the company's ability to scale operations and expand its market presence, attracting potential investors interested in the biotechnology space.

Competitive Landscape Insight By distinguishing itself from competitors like Acclarent, Olympus, and Medtronic through its specialized focus on CRS treatment and innovative drug delivery systems, Lyra stands out as a promising partner for strategic collaborations or acquisitions within the biotechnology research domain.

Similar companies to Lyra Therapeutics

Lyra Therapeutics Tech Stack

Media & News

Lyra Therapeutics's Email Address Formats

Lyra Therapeutics uses at least 1 format(s):
Lyra Therapeutics Email FormatsExamplePercentage
FLast@lyratx.comJDoe@lyratx.com
50%
FLast@lyratx.comJDoe@lyratx.com
50%

Frequently Asked Questions

Where is Lyra Therapeutics's headquarters located?

Minus sign iconPlus sign icon
Lyra Therapeutics's main headquarters is located at 480 Arsenal St Watertown, Massachusetts 02472 US. The company has employees across 2 continents, including North AmericaEurope.

What is Lyra Therapeutics's stock symbol?

Minus sign iconPlus sign icon
Lyra Therapeutics is a publicly traded company; the company's stock symbol is LYRA.

What is Lyra Therapeutics's official website and social media links?

Minus sign iconPlus sign icon
Lyra Therapeutics's official website is lyratx.com and has social profiles on LinkedIn.

How much revenue does Lyra Therapeutics generate?

Minus sign iconPlus sign icon
As of October 2024, Lyra Therapeutics's annual revenue reached $35M.

What is Lyra Therapeutics's SIC code NAICS code?

Minus sign iconPlus sign icon
Lyra Therapeutics's SIC code is 8733 - Noncommercial Research Organizations NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Lyra Therapeutics have currently?

Minus sign iconPlus sign icon
As of October 2024, Lyra Therapeutics has approximately 55 employees across 2 continents, including North AmericaEurope. Key team members include Chief Legal Officer: R. O.Chief Financial Officer: J. C.Chief Medical Officer: R. N.. Explore Lyra Therapeutics's employee directory with LeadIQ.

What industry does Lyra Therapeutics belong to?

Minus sign iconPlus sign icon
Lyra Therapeutics operates in the Biotechnology Research industry.

What is Lyra Therapeutics's email format?

Minus sign iconPlus sign icon
Lyra Therapeutics's email format typically follows the pattern of . Find more Lyra Therapeutics email formats with LeadIQ.

How much funding has Lyra Therapeutics raised to date?

Minus sign iconPlus sign icon
As of October 2024, Lyra Therapeutics has raised $50M in funding. The last funding round occurred on May 26, 2023 for $50M.

When was Lyra Therapeutics founded?

Minus sign iconPlus sign icon
Lyra Therapeutics was founded in 2018.
Lyra Therapeutics

Lyra Therapeutics

Biotechnology ResearchMassachusetts, United States51-200 Employees

Lyra Therapeutics is a clinical-stage biotechnology company developing innovative therapies for the localized treatment of chronic rhinosinusitis (CRS), an inflammatory disease of the paranasal sinuses which leads to debilitating symptoms and significant morbidities.

Building on expertise in materials science, drug development and formulation, Lyra has developed proprietary technology that is designed to deliver medicines directly precisely and consistently to the affected tissue for sustained periods with a single administration. Our product candidates, LYR-210 and LYR-220, are bioresorbable polymeric matrices designed to be administered in a brief, in-office procedure and intended to deliver up to six months of continuous mometasone furoate drug therapy to the sinonasal passages for the treatment of CRS.

Section iconCompany Overview

Headquarters
480 Arsenal St Watertown, Massachusetts 02472 US
Website
lyratx.com
SIC Code
8733 - Noncommercial Research Organizations
Stock Symbol
LYRA
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2018
Employees
51-200

Section iconMedia & News

Section iconFunding & Financials

  • $50M

    Lyra Therapeutics has raised a total of $50M of funding over 10 rounds. Their latest funding round was raised on May 26, 2023 in the amount of $50M.

  • $10M$50M

    Lyra Therapeutics's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $50M

    Lyra Therapeutics has raised a total of $50M of funding over 10 rounds. Their latest funding round was raised on May 26, 2023 in the amount of $50M.

  • $10M$50M

    Lyra Therapeutics's revenue is in the range of $10M$50M

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.