Aldeyra Therapeutics (ALDX)

Overall impact
C (51)

Commentary

Aldeyra Therapeutics is an average overall performer. With a 'C' rating of 51.4 for overall impact (44th percentile compared to all companies), Aldeyra Therapeutics ranks 525th out of 585 industry peers, behind Grifols, Biogen, Ionis Pharmaceuticals and 521 others, and ahead of Jazz Pharmaceuticals, Citius Pharmaceuticals, Xbiotech and 57 others. On top material causes for Aldeyra Therapeutics's industry (Pharmaceuticals & Biotech), Aldeyra Therapeutics performs well in Technology Innovation (95.2 score) and Disease Eradication (96.4) and performs poorly in Sustainable Use of Water (29.7 score), Accountable Institutions (22.7), Disaster Readiness and Effective Aid (28.3) and 4 other causes where it received a 'D' or 'F' score.
Impact
Cause ALDX
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Company
Founded
2004
Employees
8
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
ALDX
Description
Aldeyra Therapeutics, Inc. is a biotechnology company that discovers and develops therapies designed to treat immune-mediated and metabolic diseases. Its lead product candidate is reproxalap, a reactive aldehyde species (RASP) modulator, which is in Phase III clinical trial for the treatment of dry eye disease and allergic conjunctivitis. The company is also developing ADX-2191, a dihydrofolate reductase inhibitor for the treatment of retinitis pigmentosa. Additionally, it is working on ADX-629, an orally administered RASP modulator that is in Phase 2 clinical trials for the treatment of COVID-19, atopic asthma, psoriasis, and alcohol intoxication. Furthermore, Aldeyra Therapeutics develops a preclinical RASP platform, including ADX 248, ADX 743, ADX 631, ADX 246, and other product candidates in development for inflammatory and metabolic diseases. The company was formerly known as Aldexa Therapeutics, Inc. and changed its name to Aldeyra Therapeutics, Inc. in March 2014. Aldeyra Therapeutics, Inc. was incorporated in 2004 and is based in Lexington, Massachusetts.
Material causes
Ethos considers the following causes material for Aldeyra Therapeutics, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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