AlgoRx Pharmaceuticals Inc.
This article was originally published in Start Up
Executive Summary
Applying the numbing properties in capsaicin, a molecule found in the white "ribs" of hot peppers, to painful sites is an ancient remedy. Today, many topical pain relief ointments incorporate it. Injecting capsaicin derivatives to relieve chronic and acute pain, however, remains a novel concept, one that AlgoRx Pharmaceuticals Inc. hopes to exploit, eventually putting its "hot sauce" on the table in several multi-billion-dollar pain indications.