Pipeline

One oral molecule against a class of disease. Niemann-Pick type C1 and Krabbe disease lead; the remaining lysosomal storage disorders advance together as a basket trial.

Regulatory strategy

The 505(b)(2) pathway

We intend to pursue UNDC-005 under the FDA's 505(b)(2) pathway, which permits an applicant to reference existing safety and efficacy data from previously approved drugs with similar pharmacological profiles. If accepted, this would allow us to rely on FDA findings of safety for alpha-cyclodextrin (NDA 20375) and on the HPβCD NPC1 programs, together with the published NIH/NHLBI study and the proprietary human pharmacokinetic and pharmacodynamic data — and to enter Phase 2b/3 without a standalone Phase 1 program.

We have not yet submitted an IND or held pre-IND meetings with the FDA, and there can be no assurance that the FDA will accept this pathway or that we will not be required to conduct additional studies before initiating clinical trials.


Indication / Program
Discovery Preclinical IND-enabling Phase 2b/3 NDA
Niemann-Pick disease type C1 (NPC1)
UNDC-005
Lead indication — Phase 2b/3 ready
Krabbe disease
UNDC-005 · Globoid cell leukodystrophy; psychosine as the target lipid
Second lead indication
Niemann-Pick disease types A and B
UNDC-005
Expansion — preclinical
Basket trial — remaining pediatric lysosomal storage disorders
UNDC-005 · Wolman disease, neuronal ceroid lipofuscinosis (Batten disease), Sanfilippo syndrome type B, and Tay-Sachs disease
Basket trial
Lead indications Basket trial and further expansion indications

No program has entered clinical development. The Company has not conducted clinical trials in any indication, including NPC1. No IND has been submitted and no pre-IND meetings have been held with the FDA. Stage labels are as described in our registration statement.

Any pursuit of expansion indications would require licensing amendments, separate IND filings, pre-IND interactions with the FDA, regulatory review, and successful clinical development. No assurance can be given that UNDC-005 will demonstrate safety or efficacy in any indication.

Two cyclodextrin rings in close-up: one with an empty central cavity, one holding a single phospholipid molecule seated inside it, above a suggestion of membrane.

The lysosomal class

Roughly 50 inherited metabolic diseases share one failure: substrate the lysosome cannot clear.

Lysosomal storage disorders are caused by deficiencies in lysosomal enzymes or transporters, resulting in toxic substrate accumulation, progressive organ damage, and in many cases premature death in childhood or early adulthood. UNDC-005 is proposed to clear lipid from the circulation without depleting cholesterol, which is why we believe a single oral molecule may apply across the class — either alone or alongside approved enzyme replacement or substrate reduction therapies.

Indication Incidence Current standard
Niemann-Pick disease type C1 Rare; a limited number of diagnosed patients globally Two therapies approved in September 2024. Neither is an oral therapy directed at clearing accumulated lysosomal lipid.
Krabbe disease
(globoid cell leukodystrophy)
Approximately 1 in 100,000 live births Median survival of less than two years in the infantile-onset form, with no approved disease-modifying therapy.
Niemann-Pick disease types A and B Not stated in our registration statement Identified as an expansion indication; early-onset lysosomal dysfunction and impaired lipid trafficking drive severe, often life-limiting neurodegeneration.
Neuronal ceroid lipofuscinosis
(Batten disease)
Approximately 1 in 100,000 births globally Progressive neurodegeneration, with no broadly effective treatment currently available.
Wolman disease, Sanfilippo syndrome type B, Tay-Sachs disease Not stated in our registration statement Identified as pediatric genetic lysosomal storage disorders under evaluation for UNDC-005.
~50
Inherited metabolic diseases in the lysosomal storage disorder class
>$10B
Estimated annual rare pediatric LSD market, and growing as novel approaches demonstrate proof of concept
Oral
Administration, against the intravenous and intrathecal routes of investigational cyclodextrin therapies
7 years
Orphan Drug Exclusivity on approval, if Orphan Drug Designation is granted. We intend to seek designation; it may not be granted.

Incidence and market figures are as described in our registration statement and are drawn from third-party sources; they are estimates and may prove inaccurate.


Program detail

Rights, mechanism, and the next milestone for each program.

Indication(s) Program Mechanism of action Stage Ownership / licensing Expected next milestone
Niemann-Pick disease type C1 (NPC1) UNDC-005 Oral lipid-lysosomal modulator* (HP-α-CD / sodium caprate clathrate); selectively captures pathogenic lipids within its hydrophobic cavity Phase 2b/3 ready In-licensed under an exclusive, worldwide, royalty-bearing agreement. Internal lead program. IND filing and Phase 2b/3 pivotal trial initiation under the 505(b)(2) pathway; apply for Orphan Drug Designation
Krabbe disease; Niemann-Pick types A and B; Wolman disease; neuronal ceroid lipofuscinosis; Sanfilippo syndrome type B; Tay-Sachs disease UNDC-005 Same lipid-lysosomal modulation; oral lysosomal lipid clearance without cholesterol depletion, as a potential platform approach across the class Preclinical Under the same in-license. Krabbe disease is targeted for out-licensing to an indication-specific development partner; the remaining indications are intended for selective out-licensing after European investigator-initiated study proof-of-concept data. European investigator-initiated study data generation to support out-licensing discussions

* “Lipid Lysosomal Modulator” is a Company-descriptive term for UNDC-005’s proposed mechanism and is not an FDA-recognised drug classification.


One mechanism across every program.

UNDC-005 is an orally administered hydroxypropyl-alpha-cyclodextrin complexed with sodium caprate. It is proposed to selectively capture and clear pathogenic lipid species from the circulation without depleting cholesterol — the same mechanism across NPC1 and the pediatric lysosomal disorders that share its biology.

Our science