Polyrizon Ltd. (PLRZ)
Polyrizon was planning to go public, but the IPO was withdrawn on Mar 28, 2024.
IPO Price Range
$5.20 - $7.20
Shares Offered
1,350,000
Deal Size
$8.37M

Company Description

Polyrizon is a development stage biotech company specializing in the development of innovative medical device hydrogels delivered in the form of nasal sprays, which form a thin hydrogel-based shield containment barrier in the nasal cavity that can provide a barrier against viruses and allergens from contacting the nasal epithelial tissue.

Our proprietary Capture and Contain ™, or C&C, hydrogel technology, comprised of a mixture of naturally occurring building blocks, is delivered in the form of nasal sprays, and potentially functions as a “biological mask” with a thin shield containment barrier in the nasal cavity.

We are further developing certain aspects of our C&C hydrogel technology such as the bioadhesion and prolonged retention at the nasal deposition site for intranasal delivery of drugs.

We refer to our additional technology, which is in an earlier stage of pre-clinical development, that is focused on nasal delivery of active pharmaceutical ingredients as Trap and Target ™ Our nasal hydrogels have been designed to serve as a non-invasive and fast-acting system.

The hydrogels are formulated as an innovative mixture of mucoadhesive polymers (e.g., sodium alginate) which are Generally Recognized as Safe, or GRAS, by the Federal Drug Administration.

Our mucoadhesive polymers derived from seaweed polysaccharides possess promising features as they are renewable, biodegradable, biocompatible, and environment friendly.

C&C product candidates are not expected to be considered as drugs by the FDA but as medical devices.

Polyrizon Ltd.
Country Israel
Founded 2005
Industry Health Care
Sector Biotechnology
Employees 3
CEO Tomer Izraeli

Contact Details

Address:
5 Ha-Tidhar Street
Raanana, 4366507
Israel
Phone +972-9-93740333
Website polyrizon-biotech.com

Stock Details

Ticker Symbol PLRZ
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001893645
SIC Code 2834

Key Executives

Name Position
Tomer Izraeli Chief Executive Officer, Director
Nir Ben Yosef Chief Financial Officer
Dr. Eyal S. Ron Chief Technology Officer
Dr. Tidhar Turgeman Chief R&D Officer
Daphna Avital Chief People Officer
Dr. Roy Borochov Director
Liron Carmel Director
Oz Adler Director
Raul Srugo Director

Latest SEC Filings

Date Type Title
Apr 11, 2024 RW WD Filing
Mar 28, 2024 RW Filing
Feb 3, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Jan 10, 2023 F-1/A [Amend] Registration statement for certain foreign private issuers
Dec 19, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Oct 7, 2022 F-1/A [Amend] Registration statement for certain foreign private issuers
Aug 10, 2022 F-1 Registration statement for certain foreign private issuers
May 27, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
May 4, 2022 DRS/A [Amend] [Cover] Draft Registration Statement
Apr 14, 2022 DRS/A [Amend] [Cover] Draft Registration Statement