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StageSeries A
Raised$11.63M
Founded2019
Employees5
LocationBoston, MA

About

Founded in 2019, AltrixBio is based on research by Jeff Karp, PhD, and Ali Tavakkoli, MD, of Mass General Brigham and Harvard Medical School. Inspired by the rapid resolution of type 2 diabetes following bariatric surgery, they modified sucralfate—a therapy with over 40 years of clinical use—to replicate these metabolic benefits, creating AJN003, a proprietary, bio-engineered, once-daily oral therapy. AJN003 forms a temporary barrier in the stomach, duodenum, and jejunum, altering nutrient sensing to trigger a metabolic reset. Preclinical data show it improves insulin resistance and key metabolic hormones (GLP-1, GIP, ghrelin, leptin), driving improved glycemic control and weight loss. As a small molecule with no systemic exposure, AJN003 offers a novel, patent-protected approach to treating type 2 diabetes, obesity, and other metabolic diseases. The AltrixBio team comprises scientists, clinicians, and business leaders with deep scientific, operational, and commercial expertise.

Product

Value proposition
AJN003 is a novel, oral, non-systemic therapy aiming to reset metabolic regulation by coating stomach and proximal intestine to replicate distal nutrient sensing, with potential for treating type 2 diabetes and obesity and broader metabolic indications.

Founders

  • Nancy Briefs — Co-Founder
  • Ali Tavakkoli — Co-Founder
  • Jeff Karp — Co-Founder

Products

AJN003

Key features

orally administered, daily, non-systemiccoating of stomach and proximal intestinetransient barrier with no surgery or systemic absorptiondual-site mechanism triggering multi-hormonal metabolic resetpotential weight loss and glycemic control improvements

Technologies

bio-engineered moleculecoating formulationlocal/non-systemic GI actionincretin modulation

Target conditions

type 2 diabetesobesitymetabolic syndromecardiometabolic conditionsMASHPCOS

Investors

StageNext FundService Provider Capital100 Plus CapitalArizona Tech InvestorsFlybridge Capital PartnersSand Hill AngelsWalnut VenturesXFactor Ventures

News

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Profile updated Jul 29, 2026. Sources: altrixbio.com

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