Axoltis Pharma is developing NX210c, a groundbreaking treatment for Amyotrophic Lateral Sclerosis (ALS), the first targeted treatment for a high unmet medical need. This peptide restores the blood-brain barrier (BBB), a key factor in ALS, Alzheimer’s, Parkinson’s, and other neurodegenerative diseases. With 7 patents and USA/EU orphan drug designation for ALS, NX210c has a very good tolerability profile and is evaluated in an ongoing Phase 2 clinical trial, with topline results expected in May 2026. Axoltis has a head start in the BBB restoration and aims at accelerating the development of NX210c, raising hope for millions of patients facing neurodegenerative diseases.

Completed 25 a day ago
656 investors
Investment achieved
2.198.920€
Target
1.500.000€
Invested
146.6%
146.6% INVESTED
This campaign was live:
From: 30 September 2025
Until: 17 November 2025
Maturity

Premarket/clinical phase

Premoney valuation

14.409.782

Estimated exit

H2 2026

Sector

New drugs

Equity offered

41.22%

Minimum investment

1.000

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Equity L
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Overview: AXOLTIS Pharma

Valuation 14.409.782
Estimated return x20
% Offered 41.22%
Estimated exit H2 2026

An indication for a broad range of neurological diseases with blood-brain barrier breakdown, including ALS, Alzheimer’s, Parkinson’s and multiple sclerosis

A drug candidate in Phase II clinical trials, demonstrating an excellent safety and tolerability profile from its First-In-Human trials in 2020.

“Orphan Drug Designation” granted by the FDA and EMA.

Preclinical studies showed promising results in several in vitro and in vivo models of neurodegenerative and neurotraumatic diseases.

Nominee for the Prix Galien USA 2024 — the equivalent of the Nobel Prize in healthcare — in the Best Startup category.

The drug candidate potential market in ALS is > $1B.

The global market for neurodegenerative diseases is expected to nearly double over the next decade, rising from an estimated $52 billion in 2024 to around $102.4 billion by 2034.

x20 exit potential in less than a year, mid 2026, based on the results of our ongoing Phase 2 clinical trial in ALS patients.

Axoltis Pharma is pioneering a breakthrough treatment for ALS and multiple neurodegenerative disorders 

Axoltis Pharma is developing NX210c, a first-in-class therapeutic candidate targeting Amyotrophic Lateral Sclerosis (ALS) and a broad range of central nervous system (CNS) diseases. At the core of our innovation is a unique peptide with remarkable properties – most notably, the ability to repair the blood-brain barrier (BBB). The breakdown of this protective BBB is now recognized as a key trigger and amplifier of several major neurodegenerative diseases, including Alzheimer’s, Parkinson’s, Multiple Sclerosis and ALS.  Given the strong scientific and medical rationale, and the fact that ALS is a major unmet medical need affecting 500,000 patients worldwide with no effective treatment, it was selected as the first therapeutic indication for NX210c. 

The blood-brain barrier breakdown: a trigger and an accelerator for neurodegeneration 

Emerging evidence points to BBB dysfunction as a central driver in neurodegenerative pathologies. The BBB acts as a critical gatekeeper between the bloodstream and the brain, regulating the passage of nutrients and molecules. When compromised, harmful proteins infiltrate the brain, sparking inflammation and neuronal damage. Diseases such as Alzheimer, Parkinson’s, Multiple Sclerosis, ALS, and many others share this underlying mechanism. Repairing BBB integrity is therefore a very promising avenue in the therapeutic arsenal to stop disease progression. 

NX210c: a peptide with key properties 

NX210c is a short, synthetic peptide inspired by SCO-spondin, a multifunctional glycoprotein essential in neurogenesis, the process by which new neurons are formed in the brainThis peptide not only restores the BBB but also protects neurons and supports intercellular communication. Its impact could be transformative, potentially slowing, halting, or even reversing neurological damage. 

Focusing first on ALS: an urgent and huge unmet need 

ALS is a fatal, rapidly progressing neuromuscular disease marked by the death of motor neurons responsible for walking, speaking, swallowing, and breathing. The disease affects over 500,000 people globally, with a median survival of only 3–5 years post-diagnosis. There is no therapeutic option to date. By restoring the BBB, NX210c offers a completely novel mechanism of action and new hope for patients. 

A pipeline of opportunities across neurodegenerative diseases 

NX210c’s mechanism of action unlocks opportunities far beyond ALS. Its ability to restore the BBB could be relevant across a wide range of CNS conditions. The global market for neurodegenerative diseases is expected to nearly double over the next decade, rising from an estimated $52 billion in 2024 to around $102.4 billion by 2034. 

Promising preclinical and Phase 1b results fuel rapid progress into Phase 2 

Robust preclinical studies in blood brain barrier restoration and in an ALS mouse model showed delayed motor function impairment and increased survival. In a 2023 Phase 1b trial in elderly healthy volunteers, NX210c showed an excellent safety and tolerability profile with no serious adverse events. Preliminary pharmacodynamic signals confirmed its BBB-repair activity through biomarker analysis. (Click here to read the released publication). This paved the way for a phase 2 trial. 

A top-tier team ready to scale 

Led by CEO Dr. Yann Godfrin – a biotech serial entrepreneur with 25 years of experience in the corporate management, drug development and innovation – Axoltis has gathered a multidisciplinary team of experts spanning neurology, clinical development, and regulatory affairs. The company is fully equipped to scale development rapidly and efficiently. 

A multi-patented pioneering drug candidate 

NX210c is an innovative disease-modifying drug candidate, protected by 7 patent families and has been granted Orphan Drug Designation by FDA and EMA. Orphan medicines benefit from market exclusivity once they receive a marketing authorization from 10 years in EU and 7 years in USA. Recently, in recognition of its breakthrough potential, Axoltis has been nominated for Prix Galien USA 2024 – Best Start Up category, considered as the Nobel Prize of pharmaceutical innovation. Among its numerous esteemed partners and supporters, Axoltis is honored to benefit from the valuable collaboration and support of ARSLA, the French Association for Research on ALS.

Phase 2 underway, first due diligence in motion 

A multicenter phase 2 trial in 80 ALS patients across France, coordinated by Dr. Bernard (HCL – Reference Center for ALS – Lyon France), is currently recruiting. Topline results are expected in May 2026. Among several Pharma companies interested in partnering once topline results are available, two have already initiated due diligence to explore licensing opportunities. This signals strong market interest and a rare opportunity for investors with a X20 potential exit as early as 2026. 

 

Axoltis’s mission  

Axoltis is driven by a bold ambition: to change the lives of millions of patients affected by neurodegenerative diseases, starting with ALS patients. With an innovative approach and a value creation strategy guided by a clear drug development vision, we are now at a decisive inflection point. 

Join us now on in the fight against ALS – and help us bring to market a therapy with the potential to reshape the future of neurological care. 

Why is Capital Cell investing in this company?

If you were on social media in 2014, you probably remember the Ice Bucket Challenge. What started as a viral stunt raised $115 million in just a year for ALS, a rare and devastating disease that gradually paralyzes the body—while leaving the mind intact. Stephen Hawking was a striking example.

After 85 years of research, we still don’t know exactly what causes ALS. One early feature seen in patients is the breakdown of the blood-brain barrier (BBB), the brain’s protective shield. When this barrier fails, harmful substances reach the brain and disrupt communication between neurons and immune cells. Restoring the BBB could slow disease progression.

Axoltis Pharma’s lead candidate, NX210c, holds orphan drug status and has shown in preclinical studies the ability to restore BBB integrity, improve cell signaling, and protect neurons. And it’s not just for ALS—BBB disruption is also found in Alzheimer’s, Parkinson’s, MS, and brain injuries, a combined $52B market.

NX210c has already shown excellent safety and early biological activity in a completed Phase Ib trial, which allowed them to start the Phase II trial in patients. It is not a surprise then that two pharma companies—including a major Japanese group—are already in due diligence for licensing.

You can now join a funding round at a favourable valuation, alongside a French family office with extensive experience in the healthcare sector. A unique opportunity to support a promising therapy targeting the central nervous system.

Minimum investment: 1.000
Type of exit expected: M&A
Drag-along rights
70%
Tag-along rights
Preferential liquidation right
Capital Cell investors will be granted any liquidation preference that the company agrees to grant to any other investor in this round.
Anti-dilution law
Tax deductions
Main risks

While the project shows strong promise, there are certain risks to consider. First, the full €8M financing round must be completed for Capital Cell investors to join, and €3M has been secured to date—this makes the success of the round an important milestone. Second, ALS is a highly complex disease with no clearly identified cause, which means that, like other approaches, this treatment may not provide a definitive solution. Lastly, although initial data and preclinical signals are encouraging, efficacy results are still pending and will be key to validating the therapeutic potential of the asset.