- CEO
- Kristina Torfgård
- Full Time Employees
- 31
- Sector
- Health technology
- Industry
- Pharmaceuticals: major
- Address
- Arvid Wallgrens Backe 20 Gothenburg VG Sweden 413 46
- IPO Date
- Feb 28, 2017
- Business
- IRLAB Therapeutics AB (publ) IRLAB Therapeutics AB (publ) (Nasdaq Stockholm: IRLAB A) operates as a Sweden-based research and development company focused on discovering and developing novel small-molecule drugs for Parkinson's disease and other central nervous system (CNS) disorders; it employs its proprietary Integrative Screening Process (ISP) platform, a systems pharmacology approach leveraging a proprietary database of CNS compounds accumulated over 25 years, to generate drug candidates targeting various disease stages including levodopa-induced dyskinesias (LIDs), psychosis, falls, dementia, apathy, and cognitive impairment. The company's primary pipeline includes mesdopetam (IRL790) in Phase III preparation for PD-LIDs, pirepemat (IRL752) in Phase IIb for PD-psychosis and falls risk reduction, IRL757 in Phase I for neurology-apathy (in collaboration with The Michael J. Fox Foundation and MSRD/Otsuka Pharmaceutical), and preclinical candidates IRL942 for PD-dementia/cognitive impairment and IRL1117 for core Parkinson's motor symptoms without levodopa complications; all candidates originate from ISP and aim to address unmet needs in neurodegenerative diseases affecting nearly 11 million patients globally, with projections to double by 2040. Founded in 2013 from Nobel Laureate Prof. Arvid Carlsson's research group and headquartered at Arvid Wallgrens Backe 20 in Gothenburg, Sweden, IRLAB conducts operations primarily in Europe with global partnership ambitions and lists on Nasdaq Stockholm's Main Market since 2020. Recent developments encompass a June 2025 rights issue raising approximately SEK 136 million before costs to fund clinical/preclinical advancement, business development, and capital strengthening with strong backing from major shareholders including FV Group AB, Fjärde AP-fonden, and senior management; extension of a SEK 55 million Fenja Capital loan; full funding secured for IRL757 Phase Ib study via MSRD/Otsuka collaboration with patient recruitment planned for Q4 2025; positive Phase I results for IRL757 in May 2025; strengthened patent protections including a May 2025 grant; and progress toward Phase III for mesdopetam with favorable regulatory feedback from US and European authorities.