Ilypsa Inc.
This article was originally published in Start Up
Executive Summary
Ilypsa is a spin-out of Symyx Technologies, a manufacturer of innovative materials for such industrial clients such as Dow Chemical and Agfa-Gevaert. The company had honed an ability to rapidly screen miniscule amounts of thousands of polymers for interesting functions. Symyx's founders quickly recognized that the company's platform was a potential therapeutic gold mine. Ilypsa was thus founded to focus on pharmaceutical applications.