PLYX · NASDAQ · Biotechnology

Polaryx Therapeutics (PLYX)

Develops PLX-200 and other candidates for rare pediatric lysosomal storage disorders.

$2.02
Pre-market−0.01 (−0.49%)
At close$2.03(+2.53%)
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Polaryx Therapeutics, Inc. Common StockPLYXHealth Care

Develops small-molecule and gene-therapy candidates for rare pediatric lysosomal storage disorders. Its lead candidate, PLX-200 (gemfibrozil), is a repurposed, reformulated oral therapy being advanced through the SOTERIA Phase 2 basket study; near-term work centers on trial initiation and clinical evidence.

Develops small-molecule and gene-therapy candidates for rare pediatric lysosomal storage disorders. Its lead candidate, PLX-200 (gemfibrozil), is a repurposed and reformulated oral small molecule.

PLX-200 is being advanced through SOTERIA, an open-label, single-arm Phase 2 basket study assessing safety, tolerability, and clinical activity in CLN2, CLN3, Krabbe disease, and Sandhoff disease. The program follows the FDA's 505(b)(2) pathway.

Trial initiation was planned in the United States, with potential expansion to Europe, Asia, or other jurisdictions. The current operating path centers on initiating SOTERIA and generating clinical evidence from the lead program.

Company facts

CEOAlex Yang
ListedFeb 2, 2026
ExchangeNASDAQ
HeadquartersParamus, NJ
CountryUnited States
Employees11
CIK0002075320
ISINUS73110F1003

Market cap$101.7M
EPS (ttm)−$0.1217
P/E (ttm)−16.76
ROE-117.6%
P/B9.00
P/S0.00
Dividend yieldDiv yield
Beta1.22vs XLV 0.50

Unavailable right now.

EPSReportedEstimate

Jan '26Mar '26May '26Aug '26
Reported−$0.03−$0.13−$0.05−$0.03
Estimate−$0.02−$0.02−$0.04
Surprise−550.0%−150.0%+14.3%

RevenueReportedEstimate

Jan '26Mar '26May '26Aug '26
Reported
Estimate
Surprise
Estimate−$0.04
Reported−$0.03+14.3%
Estimate
Reported
View details

Debt to equity0.00%
Current ratio1,353.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$771.0K−$723.0K−$5.1M−$1.0M−$1.4M−$1.5M−$2.5M−$1.4M
Net margin

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$771.0K−$723.0K−$5.1M−$884.0K−$974.0K−$911.0K−$2.0M−$1.4M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $11.5M · Total debt $0 · Total assets $11.8M · Shareholders' equity $10.9M

Revenue
$0
Operating income
−$1.4M
Net income
−$1.4M
View details

No dividends on record.

Institutions14 holders · as of Mar 31, 20264.55%2.27M shares
Otherremainder95.45%47.58M shares

49.85M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Vanguard Capital Management LLCInstitution
3.33%1.66M13Fas of Mar 31, 2026
Geode Capital Management, LLCInstitution
0.34%170,67313Fas of Mar 31, 2026
Millennium Management LLCInstitution
0.26%127,52513Fas of Mar 31, 2026
Vanguard Fiduciary Trust CoInstitution
0.21%104,55613Fas of Mar 31, 2026
State Street CorpInstitution
0.12%58,10413Fas of Mar 31, 2026
See all 14

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

ComparePre-market

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Polaryx Therapeutics$2.02−0.49%$101.7M
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Median125.010.83.2+24.2%