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**ASX-100** is the lead candidate from Asalyxa Bio, a University of Michigan spinout company, featuring a novel neutrophil-targeting drug delivery platform. It is a spherical polymer particle designed to deliver anti-inflammatory effects directly to overreactive neutrophils, degrading into salicylic acid—an active metabolite of aspirin—and a safe food additive. The technology addresses excessive neutrophil activity implicated in acute respiratory distress syndrome (ARDS) and severe inflammatory conditions like COVID-19, aiming to reduce inflammation with high specificity and minimal systemic side effects.[4][5][8]
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