Crystalys Therapeutics

Raised $130M in a Series B round, announced 22 July 2026.

Round

Crystalys Therapeutics announced a $130M Series B to fund global Phase 3 development and commercialization of dotinurad for gout.

Amount
$130M
Stage
Series B
Announced
22 July 2026
Lead
Frazier Life Sciences
Other investors
Wellington Management, HBM Healthcare Investments, Soleus Capital, Cormorant Asset Management, Trails Edge Capital Partners, Pivotal bioVenture Partners, KCap Biotechnology Fund, Novo Holdings, SR One, Catalys Pacific, Perceptive Xontogeny Venture Funds
Use of funds
Support ongoing late-stage global clinical development and commercialization preparation of dotinurad.
Checked
Amount and date checked against the press source

Company

Biopharmaceutical company advancing dotinurad through global Phase 3 development for gout treatment.

Based in
San Diego
Sector
Health
Website
crystalystx.com ↗

Founder

  • James MackayPresident and Chief Executive OfficerLinkedIn ↗

Sources and links

Source
Crystalys Therapeutics Announces $130 Million Series B Financing to Advance Global Phase 3 Development and Com news.google.com
Website
crystalystx.com ↗
LinkedIn
James Mackay ↗
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