Founded Year

2014

Stage

Series C | Alive

Total Raised

$113.38M

Last Raised

$47M | 8 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+433 points in the past 30 days

About Healx

Healx is a technology company focused on artificial intelligence (AI) drug discovery for rare disease treatment within the pharmaceutical industry. The company specializes in using AI to identify drug-disease relationships and accelerate the development of new therapies for rare conditions. Healx's approach aims to increase the scale and success rate of rare disease treatment development by repurposing known compounds and running multiple drug discovery programs in parallel. Healx was formerly known as Healx3. It was founded in 2014 and is based in Cambridge, United Kingdom.

Headquarters Location

66-68 Hills Road Charter House

Cambridge, England, CB2 1LA,

United Kingdom

01223 901980

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ESPs containing Healx

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Drug R&D Tech

The AI-derived small molecule drugs market leverages AI and machine learning to discover and develop novel small molecule therapeutics. Companies in this market combine physics-based AI algorithms, deep learning models, and generative AI with experimental validation to enable target identification, virtual screening, and lead optimization. Proprietary platforms integrate computational approaches w…

Healx named as Leader among 15 other companies, including Insilico Medicine, Recursion, and Schrodinger.

Healx's Products & Differentiators

    Indication expansion

    New rare or common disease predictions for human safe compounds. Our technology can be applied to marketed, development or shelved compounds. Healx performs prediction and early pharmacological validation of predictions.

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Research containing Healx

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Healx in 2 CB Insights research briefs, most recently on Aug 21, 2024.

Expert Collections containing Healx

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Healx is included in 6 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

9,986 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Digital Health 50

150 items

The winners of the second annual CB Insights Digital Health 150.

D

Digital Health

11,305 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

A

AI 100

100 items

D

Drug Discovery Tech Market Map

221 items

This CB Insights Tech Market Map highlights 220 drug discovery companies that are addressing 12 distinct technology priorities that pharmaceutical companies face.

A

AI in drug discovery

504 items

Companies using AI to advance therapeutic discovery, categorized into: platforms (primary product is software) and discovery engines (primary product is therapeutics). Additional funnel descriptions reflect how companies are applying AI.

Healx Patents

Healx has filed 12 patents.

The 3 most popular patent topics include:

  • neurological disorders
  • rare diseases
  • syndromes
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/12/2019

2/28/2023

Phosphodiesterase inhibitors, Lactams, Amines, Beta blockers, Piperazines

Grant

Application Date

4/12/2019

Grant Date

2/28/2023

Title

Related Topics

Phosphodiesterase inhibitors, Lactams, Amines, Beta blockers, Piperazines

Status

Grant

Latest Healx News

Neurofibromatosis Type 2 Pipeline 2025: Key Companies, MOA, ROA, and Clinical Trials Evaluation by DelveInsight | Recursion Pharma, Vivace Therapeutics, Healx Limited, SpringWorks Therapeutics

Mar 24, 2025

(Las Vegas, Nevada, United States) As per DelveInsight’s assessment, globally, Neurofibromatosis Type 2 pipeline constitutes 5+ key companies continuously working towards developing 5+ Neurofibromatosis Type 2 treatment therapies, analysis of Clinical Trials, Therapies, Mechanism of Action, Route of Administration, and Developments analyzes DelveInsight. “ Neurofibromatosis Type 2 Pipeline Insight, 2025 “ report by DelveInsight outlines comprehensive insights into the present clinical development scenario and growth prospects across the Neurofibromatosis Type 2 Market. The Neurofibromatosis Type 2 Pipeline report embraces in-depth commercial and clinical assessment of the pipeline products from the pre-clinical developmental phase to the marketed phase. The report also covers a detailed description of the drug, including the mechanism of action of the drug, clinical studies, NDA approvals (if any), and product development activities comprising the technology, collaborations, mergers acquisition, funding, designations, and other product-related details. Some of the key takeaways from the Neurofibromatosis Type 2 Pipeline Report: Companies across the globe are diligently working toward developing novel Neurofibromatosis Type 2 treatment therapies with a considerable amount of success over the years. Neurofibromatosis Type 2 companies working in the treatment market are Recursion Pharmaceuticals, Vivace Therapeutics, Healx Limited, SpringWorks Therapeutics, AstraZeneca, Fosun Pharmaceutical, NFlection Therapeutics, Inc., and others, are developing therapies for the Neurofibromatosis Type 2 treatment Emerging Neurofibromatosis Type 2 therapies in the different phases of clinical trials are- REC-2282, VT3989, HLX-1502, Mirdametinib (PD-0325901), Selumetinib, FCN-159, NFX-179 Gel, and others are expected to have a significant impact on the Neurofibromatosis Type 2 market in the coming years. In February 2025, SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company specializing in rare diseases and cancer, announced the online publication of data from the pivotal Phase 2b ReNeu trial in the Journal of Clinical Oncology (JCO). The trial evaluated mirdametinib, an investigational MEK inhibitor, in adult and pediatric patients with neurofibromatosis type 1-associated plexiform neurofibromas (NF1-PN). Previously, findings from the multi-center, single-arm ReNeu trial were presented at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting. In November 2024, Alexion, AstraZeneca Rare Disease, and Merck (NYSE: MRK), known as MSD outside the U.S. and Canada, announced positive topline results from the Phase 3 KOMET trial. This global, randomized, double-blind, placebo-controlled multicenter study is the largest of its kind in adults with neurofibromatosis type 1 (NF1) and symptomatic, inoperable plexiform neurofibromas (PN). The findings revealed that KOSELUGO, an oral and selective MEK inhibitor, achieved a statistically significant and clinically meaningful improvement in objective response rate (ORR), the primary endpoint, compared to placebo in these patients. In November 2024, SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company specializing in severe rare diseases and cancer, announced the publication of data from the pivotal Phase 2b ReNeu trial. The study evaluated mirdametinib, an investigational MEK inhibitor, in adult and pediatric patients with neurofibromatosis type 1-associated plexiform neurofibromas (NF1-PN). The findings are now available online in the Journal of Clinical Oncology (JCO). In August 2024, Healx, a clinical-stage biotech company leveraging AI to focus on rare diseases, has secured $47 million in Series C funding. The round was co-led by Silicon Valley’s R42 Group and Atomico, one of Europe’s prominent venture capital firms, with support from new and existing investors such as Balderton, Jonathan Milner, Global Brain, btov, Ayana Capital, o2h, and VU Venture Partners. The funds will be utilized to advance Healx’s pipeline of treatments targeting rare oncology, renal, and neurodevelopmental disorders, including progressing its lead candidate, HLX-1502, into a Phase 2 trial for neurofibromatosis Type 1 (NF1). Neurofibromatosis Type 2 Overview Neurofibromatosis Type 2 (NF2) is a rare genetic disorder characterized by the development of noncancerous tumors in the nervous system, primarily affecting the brain and spinal cord. The hallmark of NF2 is bilateral vestibular schwannomas (tumors on the auditory nerves), leading to hearing loss, tinnitus, and balance issues. Other manifestations may include meningiomas, ependymomas, and cataracts. NF2 is caused by mutations in the NF2 gene, which encodes the tumor suppressor protein merlin. It is typically inherited in an autosomal dominant pattern but can also arise from spontaneous mutations. Treatment focuses on symptom management, including surgery, radiation, and targeted therapies. REC-2282: Recursion Pharmaceuticals Further Neurofibromatosis Type 2 product details are provided in the report. Download the Neurofibromatosis Type 2 pipeline report to learn more about the emerging Neurofibromatosis Type 2 therapies Some of the key companies in the Neurofibromatosis Type 2 Therapeutics Market include: Key companies developing therapies for Neurofibromatosis Type 2 are – AstraZeneca, Recursion Pharmaceuticals Inc., Vivace Therapeutics, Inc, Novartis Pharmaceuticals, GlaxoSmithKline, Ikena Oncology, SpringWorks Therapeutics, Inc, and others. The Neurofibromatosis Type 2 pipeline report provides insights into The report provides detailed insights about companies that are developing therapies for the treatment of Neurofibromatosis Type 2 with aggregate therapies developed by each company for the same. It accesses the Different therapeutic candidates segmented into early-stage, mid-stage, and late-stage of development for Neurofibromatosis Type 2 Treatment. Neurofibromatosis Type 2 key companies are involved in targeted therapeutics development with respective active and inactive (dormant or discontinued) projects. Neurofibromatosis Type 2 Drugs under development based on the stage of development, route of administration, target receptor, monotherapy or combination therapy, a different mechanism of action, and molecular type. Detailed analysis of collaborations (company-company collaborations and company-academia collaborations), licensing agreement and financing details for future advancement of the Neurofibromatosis Type 2 market. The report is built using data and information traced from the researcher’s proprietary databases, company/university websites, clinical trial registries, conferences, SEC filings, investor presentations, and featured press releases from company/university websites and industry-specific third-party sources, etc. Neurofibromatosis Type 2 Pipeline Market Drivers Advances in Genetic Research, Emerging Targeted Therapies, Increased Awareness and Diagnosis, Supportive Regulatory Environment, Collaboration and Funding, are some of the important factors that are fueling the Neurofibromatosis Type 2 Market. Neurofibromatosis Type 2 Pipeline Market Barriers However, Rarity of the Disease, Complexity of Tumor Biology, High Costs of Development, Limited Treatment Options, Regulatory Challenges, and other factors are creating obstacles in the Neurofibromatosis Type 2 Market growth. Coverage: Global Key Neurofibromatosis Type 2 Companies: Recursion Pharmaceuticals, Vivace Therapeutics, Healx Limited, SpringWorks Therapeutics, AstraZeneca, Fosun Pharmaceutical, NFlection Therapeutics, Inc., and others Key Neurofibromatosis Type 2 Therapies: REC-2282, VT3989, HLX-1502, Mirdametinib (PD-0325901), Selumetinib, FCN-159, NFX-179 Gel, and others Neurofibromatosis Type 2 Therapeutic Assessment: Neurofibromatosis Type 2 current marketed and Neurofibromatosis Type 2 emerging therapies Neurofibromatosis Type 2 Market Dynamics: Neurofibromatosis Type 2 market drivers and Neurofibromatosis Type 2 market barriers 2. Neurofibromatosis Type 2 Executive Summary 3. Neurofibromatosis Type 2 Overview 4. Neurofibromatosis Type 2- Analytical Perspective In-depth Commercial Assessment 5. Neurofibromatosis Type 2 Pipeline Therapeutics 6. Neurofibromatosis Type 2 Late Stage Products (Phase II/III) 7. Neurofibromatosis Type 2 Mid Stage Products (Phase II) 8. Neurofibromatosis Type 2 Early Stage Products (Phase I) 9. Neurofibromatosis Type 2 Preclinical Stage Products 10. Neurofibromatosis Type 2 Therapeutics Assessment 11. Neurofibromatosis Type 2 Inactive Products 12. Company-University Collaborations (Licensing/Partnering) Analysis 13. Neurofibromatosis Type 2 Key Companies 14. Neurofibromatosis Type 2 Key Products 15. Neurofibromatosis Type 2 Unmet Needs 16 . Neurofibromatosis Type 2 Market Drivers and Barriers 17. Neurofibromatosis Type 2 Future Perspectives and Conclusion 18. Neurofibromatosis Type 2 Analyst Views 19. Appendix

Healx Frequently Asked Questions (FAQ)

  • When was Healx founded?

    Healx was founded in 2014.

  • Where is Healx's headquarters?

    Healx's headquarters is located at 66-68 Hills Road, Cambridge.

  • What is Healx's latest funding round?

    Healx's latest funding round is Series C.

  • How much did Healx raise?

    Healx raised a total of $113.38M.

  • Who are the investors of Healx?

    Investors of Healx include Jonathan Milner, Balderton Capital, Global Brain, Atomico, b2venture and 20 more.

  • Who are Healx's competitors?

    Competitors of Healx include Atomwise, Aitia, Maya AI, Verge Genomics, Cyclica and 7 more.

  • What products does Healx offer?

    Healx's products include Indication expansion and 3 more.

  • Who are Healx's customers?

    Customers of Healx include Ono Pharmaceutical Co., Ltd and Ovid Therapeutics.

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Compare Healx to Competitors

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Aitia

Aitia focuses on the development and application of Causal AI and Digital Twins in the pharmaceutical industry. The company's main services include the discovery of drugs for neurodegenerative disorders, oncology, and immunology by revealing hidden biological mechanisms of diseases and creating Digital Twins. It is used to discover novel therapies and accelerate research and development in various diseases such as Alzheimer’s Disease, Parkinson’s Disease, Huntington’s Disease, multiple myeloma, prostate cancer, and pancreatic cancer. It was founded in 2000 and is based in Cambridge, Massachusetts.

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Insitro

Insitro focuses on drug discovery and development. The company's main services involve the use of machine learning and throughput biology to predict successful paths for medicine creation. It aims to avoid costly failures in pharmaceutical research and development. Insitro primarily sells to the healthcare industry. It was founded in 2018 and is based in South San Francisco, California.

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Atomwise

Atomwise develops machine learning-based discovery engines and uses artificial intelligence (AI)-based neural networks to help discover new medicines. It predicts drug candidates for pharmaceutical companies, start-ups, and research institutions and designs drugs using computational drug design. It was formerly known as Chematria. The company was founded in 2012 and is based in San Francisco, California.

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Aria Pharmaceuticals

Aria Pharmaceuticals operates as a preclinical-stage pharmaceutical company that focuses on the discovery and development of novel, small-molecule therapies in the pharmaceutical industry. The company's main service is the development of new treatments for complex and hard-to-treat diseases using its proprietary symphony platform, which combines biomedical data and artificial intelligence to increase the success rates of drug discovery. Aria Pharmaceuticals primarily serves the healthcare sector, specifically targeting areas where new therapies are most needed. It was founded in 2014 and is based in Palo Alto, California.

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Standigm

Standigm specializes in AI-driven drug discovery within the pharmaceutical industry. The company provides services, including target identification, lead generation, and optimization, as well as AI SaaS solutions for drug development. Standigm primarily serves sectors engaged in pharmaceutical research and drug development. It was founded in 2015 and is based in Seoul, South Korea.

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BioMap

BioMap focuses on leveraging artificial intelligence (AI) to advance life sciences. The company develops AI foundation models to understand and predict biological behaviors and creates task models for various life science applications, including therapeutic antibodies and industrial enzymes. BioMap primarily serves the biotechnology and pharmaceutical industries with its AI-driven solutions. It was founded in 2020 and is based in Palo Alto, California.

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