The company reached a manufacturing agreement with Bachem Americas and a term sheet with Polypeptide Group to lock in long-term commercial supply of avexitide starting in 2028.
The company expects roughly $471.7 million in net proceeds to fund a potential avexitide launch in post-bariatric hypoglycemia, with an NDA planned by year-end 2026.
Amylyx said the last participant finished the 16-week double-blind portion of the Phase 3 avexitide trial in post-bariatric hypoglycemia, with cash runway into 2028.