Company Description
PolyPid Ltd. (Nasdaq: PYPD) is described in its public communications as a late-stage biopharma company aiming to improve surgical outcomes. The company is associated with the surgical and medical instrument manufacturing industry and operates in the broader manufacturing and life sciences ecosystem. According to its disclosures, PolyPid focuses on locally administered, controlled, prolonged-release therapeutics that are designed to deliver drugs directly at the site of treatment over extended periods.
The company reports that its proprietary PLEX (Polymer-Lipid Encapsulation matriX) technology pairs with Active Pharmaceutical Ingredients (APIs) to enable precise, localized drug delivery at pre-determined release rates. Public descriptions state that this platform can maintain drug release over durations ranging from several days to months, with the goal of optimizing therapeutic exposure at the target site.
Core technology and development focus
PolyPid’s communications describe PLEX as a drug delivery platform that can encapsulate APIs and release them in a controlled, prolonged manner. Earlier descriptions characterize PLEX as capable of encapsulating many types of drugs to enable targeted, localized delivery into the body over extended periods with pre-determined release rates. This underpins the company’s approach to improving surgical outcomes and addressing conditions where sustained local therapy is important.
The company has identified D-PLEX100 as its lead product candidate. According to multiple company press releases, D-PLEX100 is designed to provide local, prolonged and controlled anti-bacterial activity directly at the surgical site to prevent surgical site infections (SSIs). After administration into the surgical site, D-PLEX100 uses the PLEX technology to pair with an antibiotic API, enabling prolonged and continuous release and resulting in a high local drug concentration for an extended period. Company materials state that this prolonged exposure is intended for the prevention of SSIs in abdominal colorectal surgeries, particularly those involving large incisions.
Clinical development and regulatory pathway
PolyPid’s public updates describe it as a late-stage company, reflecting that its lead candidate has been evaluated in advanced clinical trials. The company reports that the Phase 3 SHIELD II trial of D-PLEX100 was a prospective, multinational, randomized, double-blind study that successfully met its primary and all key secondary efficacy endpoints. In company communications, the SHIELD II trial is reported to have demonstrated reductions in a combined endpoint of surgical site infections, reinterventions, or mortality, as well as reductions in SSI rates in the D-PLEX100 treatment arm compared to standard of care alone.
PolyPid has also disclosed significant regulatory interactions. The company states that D-PLEX100 has received Breakthrough Therapy designation from the U.S. Food and Drug Administration (FDA) for the prevention of SSIs in patients undergoing elective colorectal surgery. In addition, the company has reported positive pre-New Drug Application (pre-NDA) meeting minutes from the FDA, which, according to PolyPid, support the submission of a New Drug Application for D-PLEX100 for the prevention of abdominal colorectal surgical site infections. Company communications further note that the FDA agreed to a rolling NDA review, allowing submission of completed sections over time.
Manufacturing readiness and quality systems
Beyond clinical development, PolyPid has publicly highlighted steps toward commercial manufacturing readiness for D-PLEX100. The company reports that it successfully completed a Good Manufacturing Practice (GMP) inspection by the Israeli Ministry of Health. According to PolyPid, this inspection was conducted under the EU-Israel Agreement on Conformity Assessment and Acceptance (ACAA) framework, under which European regulatory authorities may rely on these inspections for EU GMP compliance certification. The company states that this inspection confirmed that its manufacturing facility meets standards required for commercial production in the European market and that this represents an important milestone as it prepares for potential commercialization.
In its corporate updates, PolyPid notes that the positive outcome of the inspection marked the fourth consecutive successful GMP inspection of its manufacturing facility. The company describes this as reinforcing its readiness to support commercial-scale manufacturing of D-PLEX100 following regulatory approvals and as part of its broader regulatory submission preparation.
Pipeline areas and therapeutic focus
In addition to D-PLEX100, PolyPid’s public materials refer to an innovative pipeline in oncology, obesity and diabetes. Earlier descriptions of the company also mention OncoPLEX as a potential intra-tumoral therapy candidate and list several names as company trademarks, including BonyPid, PolyPid, Opzifend, Ssisurg, Elyfssi, Baczenssi, Opzifend and Bacyssio. These references indicate that PolyPid has explored or is exploring applications of its PLEX technology across multiple therapeutic areas beyond surgical infection prevention, although D-PLEX100 is consistently described as the lead product candidate.
In one of its filings, PolyPid also refers to the unveiling of a long-acting GLP-1 receptor agonists delivery platform targeting the diabetes and weight loss market. This aligns with the company’s stated interest in obesity and diabetes and suggests that it is applying its prolonged-release drug delivery expertise to metabolic and weight management indications, in addition to oncology and surgical infection prevention.
Corporate and capital markets profile
PolyPid Ltd. is identified in its SEC filings as a foreign private issuer that files annual reports on Form 20-F. The company’s ordinary shares, with no par value, trade on the Nasdaq stock market under the symbol PYPD. The company has used registration statements on Form F-3 and Form S-8, and has disclosed an at-the-market Sales Agreement with a broker-dealer for the issuance and sale of ordinary shares up to an aggregate offering price that has been increased over time, as reflected in its Form 6-K filings.
Corporate governance and board composition are also addressed in the company’s filings. For example, PolyPid has reported changes in its board leadership, including the termination of service of a prior chairman and the election of an interim chairman, as well as the later appointment of a new chairman of the board of directors with extensive MedTech and surgical market experience. The company’s shareholder meetings have addressed matters such as the re-election of directors, approval of compensation policies, and option grants for directors and executives, as disclosed in its Form 6-K reports.
Geographic base and regulatory environment
According to its SEC filings, PolyPid’s principal executive offices are located in Petach Tikva, Israel. As an Israel-based company listed on Nasdaq, it operates under both Israeli regulatory oversight and U.S. securities law requirements. Its GMP inspection by the Israeli Ministry of Health, under a framework recognized by European regulators, indicates that the company’s operations are subject to multiple regulatory regimes relevant to pharmaceutical manufacturing and commercialization.
Business model orientation
While PolyPid’s disclosures do not provide a detailed breakdown of revenue streams, they consistently describe the company as a clinical-stage or late-stage biopharma company engaged in the research, development and potential commercialization of drug products based on its proprietary PLEX technology. The emphasis on clinical trials, regulatory milestones, GMP inspections and potential partnerships for D-PLEX100 suggests a business orientation centered on developing and, subject to approvals and partnerships, commercializing therapeutics that leverage its drug delivery platform.
Frequently asked questions about PolyPid Ltd.
The following questions and answers summarize key points drawn directly from PolyPid’s public descriptions, news releases and SEC filings.
- What does PolyPid Ltd. do?
PolyPid Ltd. describes itself as a late-stage biopharma company aiming to improve surgical outcomes. It develops locally administered, controlled, prolonged-release therapeutics based on its proprietary PLEX (Polymer-Lipid Encapsulation matriX) drug delivery technology. - What is PolyPid’s core technology?
The company’s core technology is the PLEX (Polymer-Lipid Encapsulation matriX) platform. According to PolyPid, PLEX pairs with Active Pharmaceutical Ingredients (APIs) to enable precise, localized drug delivery at optimal release rates over durations ranging from several days to months. - What is D-PLEX100?
D-PLEX100 is PolyPid’s lead product candidate. Company materials describe it as designed to provide local, prolonged and controlled anti-bacterial activity directly at the surgical site to prevent surgical site infections, particularly in abdominal colorectal surgeries with large incisions. - What clinical results has PolyPid reported for D-PLEX100?
PolyPid reports that its Phase 3 SHIELD II trial of D-PLEX100 was a prospective, multinational, randomized, double-blind study that successfully met its primary and all key secondary efficacy endpoints. The company states that the trial demonstrated reductions in a combined endpoint of surgical site infections, reinterventions, or mortality, as well as reductions in SSI rates in the D-PLEX100 treatment arm compared to standard of care alone. - What regulatory designations has D-PLEX100 received?
According to PolyPid, D-PLEX100 has received Breakthrough Therapy designation from the U.S. Food and Drug Administration for the prevention of surgical site infections in patients undergoing elective colorectal surgery. The company has also reported positive pre-NDA meeting minutes from the FDA supporting an NDA submission. - What is known about PolyPid’s manufacturing readiness?
PolyPid has announced the successful completion of a routine Good Manufacturing Practice (GMP) inspection by the Israeli Ministry of Health. The company states that this inspection, conducted under the EU-Israel ACAA framework, confirms that its manufacturing facility meets standards required for commercial production in the European market and represents the fourth consecutive successful GMP inspection of its facility. - Where is PolyPid based?
SEC filings list PolyPid Ltd.’s principal executive offices in Petach Tikva, Israel. The company is a foreign private issuer that files annual reports on Form 20-F and is listed on Nasdaq under the symbol PYPD. - What other therapeutic areas does PolyPid target?
In addition to surgical infection prevention, PolyPid has stated that it has an innovative pipeline in oncology, obesity and diabetes. Earlier descriptions also reference OncoPLEX as a potential intra-tumoral therapy and mention a long-acting GLP-1 receptor agonists delivery platform targeting the diabetes and weight loss market. - What trademarks and product names has PolyPid disclosed?
Company descriptions list several trademarks and product-related names, including BonyPid, PolyPid, Opzifend, Ssisurg, Elyfssi, Baczenssi, Opzifend and Bacyssio, as well as D-PLEX100 and OncoPLEX. - How does PolyPid access capital markets?
PolyPid’s SEC filings describe registration statements on Form F-3 and Form S-8 and a Sales Agreement with a broker-dealer for the issuance and sale of ordinary shares up to a specified aggregate offering price. The company has disclosed an increase in the maximum aggregate offering price under this agreement.