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Polaryx names Will Charlton CMO, 2026 trial set

Polaryx Therapeutics, Inc. (PLYX) reported the appointment of Will Charlton, M.D., M.A.S. as Chief Medical Officer, effective September 1, 2026.

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8-K

Rhea-AI Filing Summary

Polaryx Therapeutics, Inc. (PLYX) reported the appointment of Will Charlton, M.D., M.A.S. as Chief Medical Officer, effective September 1, 2026. Dr. Charlton is a board-certified pediatric endocrinologist with over 15 years of rare disease and pediatric drug development experience, including senior roles at Tyra Biosciences, Spruce Biosciences, 89bio, Ascendis Pharma, and Allergan.

The company highlighted his role in leading Phase 2 rare disease programs and redesigning clinical strategies for pediatric indications. Polaryx reiterated plans to initiate SOTERIA, a Phase 2 open-label, single-arm trial of PLX-200 in multiple lysosomal storage disorders, in the fourth quarter of 2026, initially at sites in the United States and then other jurisdictions.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Effective date of Chief Medical Officer appointment September 1, 2026 Date Dr. Will Charlton’s role as CMO at Polaryx becomes effective
Safe to proceed letter date October 2025 Month and year when the FDA provided a safe to proceed letter for SOTERIA
Planned SOTERIA trial initiation timing Q4 2026 Targeted start period for the Phase 2 SOTERIA trial of PLX-200
SOTERIA trial phase Phase 2 Development stage of the SOTERIA basket trial for PLX-200
Lysosomal storage disorders in SOTERIA 4 Number of LSDs targeted in the SOTERIA trial: CLN2, CLN3, Krabbe disease, Sandhoff disease
Estimated share of LSD population approximately one quarter Proportion of lysosomal storage disorder population represented by SOTERIA’s target indications
lysosomal storage disorders medical
"rare pediatric lysosomal storage disorders (“LSDs”), today announced the appointment"
A group of inherited conditions where cells cannot break down and clear certain molecules, like a clogged recycling center inside cells causing harmful buildup that damages organs and the nervous system. Investors care because these disorders create clear targets for specialized treatments, often qualify for orphan-drug incentives and accelerated review, and can drive focused clinical programs and high-value niche markets if therapies prove safe and effective.
Phase 2 medical
"Appointment further strengthens clinical leadership and execution capabilities ahead of planned SOTERIA Phase 2 initiation"
Phase 2 is the mid-stage clinical trial where a new drug or treatment is tested in a larger group of patients to see if it works and to keep checking safety after initial human testing. Think of it as a field test that proves whether a product actually delivers its promised benefit. Investors watch Phase 2 closely because its results strongly influence a medicine’s chances of reaching the market, the size of its potential sales, and the company’s valuation.
open-label medical
"SOTERIA is a Phase 2, open-label, single-arm trial intended to assess the safety"
Open-label describes a situation where everyone involved in a study or process knows the full details, such as who is receiving a treatment or intervention. For investors, understanding whether a project or product is open-label helps gauge the level of transparency and potential biases, influencing trust and decision-making. It’s like knowing whether a test or experiment is conducted openly or behind closed doors.
single-arm trial medical
"SOTERIA is a Phase 2, open-label, single-arm trial intended to assess the safety"
natural history study medical
"A natural history study is a preplanned observational study intended to track the course"
A natural history study is an observational research project that follows people with a specific disease over time to document how the condition develops, what symptoms appear, and typical outcomes without testing a new treatment. Investors care because these studies create a factual map of the disease—like a road atlas for drug developers—helping companies design efficient clinical trials, choose meaningful goals for approval, estimate how many patients could benefit, and reduce the guesswork and risk around a drug’s path to market.
expedited approval pathway regulatory
"Should the data demonstrate compelling clinical activity, Polaryx may pursue an expedited approval pathway"
An expedited approval pathway is a regulatory process that lets a drug, medical device or treatment reach the market faster than the standard route when it addresses a serious condition or unmet medical need. For investors, it matters because faster reviews can shorten time to sales and reduce development costs—like a fast lane at an airport—while still carrying regulatory and clinical risks if safety or effectiveness questions remain.

FAQ

What executive change did PLYX announce on September 1, 2026?

Polaryx Therapeutics appointed Will Charlton, M.D., M.A.S. as its Chief Medical Officer, effective September 1, 2026. He brings extensive experience in rare diseases and pediatric drug development, including prior CMO and senior clinical development roles at several biotechnology companies.

What is Dr. Will Charlton’s background relevant to PLYX?

Dr. Charlton is a board-certified pediatric endocrinologist with over 15 years of rare disease and pediatric drug development experience. He previously held senior roles at Tyra Biosciences, Spruce Biosciences, and 89bio, where he led Phase 2 programs and pediatric-focused clinical strategies.

What is the SOTERIA trial mentioned by PLYX?

The SOTERIA trial is a planned Phase 2, open-label, single-arm study of PLX-200 in patients with CLN2, CLN3, Krabbe disease, and Sandhoff disease. It is intended to assess safety, tolerability, and clinical activity and to inform PLX-200’s future development.

When does PLYX plan to initiate the SOTERIA Phase 2 trial?

Polaryx plans to initiate the SOTERIA Phase 2 trial in the fourth quarter of 2026, starting with trial sites in the United States and then expanding to other foreign jurisdictions, following a safe to proceed letter from the FDA received in October 2025.

Which diseases will PLX-200 target in the SOTERIA trial for PLYX?

In SOTERIA, PLX-200 will be evaluated in CLN2, CLN3, Krabbe disease, and Sandhoff disease, all lysosomal storage disorders. Polaryx believes these patient populations collectively represent approximately one quarter of the overall lysosomal storage disorder population.

How will SOTERIA incorporate control comparisons for PLYX?

Although SOTERIA is an open-label trial, the CLN2 and CLN3 cohorts will include analyses comparing natural history data as a control arm to the PLX-200 treated arm, using preplanned observational data on disease course for comparison.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 1, 2026

 

Polaryx Therapeutics, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada   001-43080   47-3393659
(State or other jurisdiction   (Commission File Number)   (IRS Employer
of incorporation)     Identification No.)

 

South Tower, 140 E Ridgewood Avenue, Suite 415

ParamusNJ 07652

(Address of principal executive offices) (Zip Code)

 

(201) 940-7236

Registrant’s telephone number, including area code

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.0001 per share   PLYX   The Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On September 1, 2026, Polaryx Therapeutics, Inc. (the “Company”), announced the appointment of Will Charlton, M.D., M.A.S., as its Chief Medical Officer, effective September 1, 2026. A copy of the Company’s press release announcing Dr. Charlton’s appointment is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this Item 7.01 and including Exhibit 99.1 furnished herewith shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be incorporated by reference into any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference therein.

 

Item 8.01 Other Events.

 

On August 27, 2026, the Company appointed Will Charlton, M.D., M.A.S. as its Chief Medical Officer, effective September 1, 2026.

 

Dr. Charlton is a board-certified pediatric endocrinologist with experience in endocrinology, rare disease, growth disorders, and metabolic disease and spent over a decade in clinical practice.

 

Prior to joining Polaryx, from March 2025 to June 2026, Dr. Charlton served as Senior Vice President, Clinical Development, Skeletal Dysplasia at Tyra Biosciences, where he led a Phase 2 rare disease clinical trial program through key milestones and developed a multi-indication clinical development plan to guide long-term growth strategy. Prior to Tyra Biosciences, Dr. Charlton worked as Chief Medical Officer at Spruce Biosciences from March 2022 to January 2025, where he redesigned the congenital adrenal hyperplasia (“CAH”) program to focus on pediatric patients and delivered dose-finding and registrational-stage studies. Prior to Spruce Biosciences, Dr. Charlton served from November 2020 to March 2022 as Vice President, Clinical Development at 89bio, where he repositioned clinical strategy and led clinical development for pegozafermin across MASH and severe hypertriglyceridemia (SHTG). 

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits

 

Exhibit No.   Exhibit Title or Description
99.1   Press Release, dated September 1, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 1 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

September 1, 2026 Polaryx Therapeutics, Inc.
   
  /s/ Alex Yang
  Alex Yang
  Chief Executive Officer

 

 2 

 

Exhibit 99.1

 

Polaryx Therapeutics Appoints Dr. Will Charlton as Chief Medical Officer

 

Dr. Charlton brings over 15 years of rare disease and pediatric drug development experience including CMO and clinical development roles

 

Appointment further strengthens clinical leadership and execution capabilities ahead of planned SOTERIA Phase 2 initiation in Q4 2026

 

PARAMUS, N.J., September 1, 2026 (GLOBE NEWSWIRE) -- Polaryx Therapeutics, Inc. (Nasdaq: PLYX), a clinical-stage biotechnology company developing novel, disease-modifying therapies for rare pediatric lysosomal storage disorders (“LSDs”), today announced the appointment of Will Charlton, M.D., M.A.S. as Chief Medical Officer, effective September 1, 2026. With nearly two decades of leadership experience as a Chief Medical Officer and in senior clinical development roles, Dr. Charlton is a board-certified pediatric endocrinologist with extensive experience in rare diseases and pediatric drug development spanning the full drug development lifecycle.

 

Prior to joining Polaryx, Dr. Charlton served as Senior Vice President, Clinical Development, Skeletal Dysplasia at Tyra Biosciences, where he led a Phase 2 rare disease clinical trial program through key milestones and developed a multi-indication clinical development plan to guide the long-term growth strategy. Prior to Tyra Biosciences, Dr. Charlton served as Chief Medical Officer at Spruce Biosciences, where he redesigned and optimized clinical development strategy for congenital adrenal hyperplasia (CAH), a rare inherited genetic disorder caused by an enzyme deficiency, with a focus on pediatric patients. Earlier in his career, Dr. Charlton held various senior medical director and clinical development roles at multiple biotech companies, including 89bio, Ascendis Pharma, and Allergan.

 

“I am excited to join Polaryx at such an important stage of the company’s clinical development. Throughout my career as a pediatrician and clinical development executive, I have seen first-hand both the significant unmet medical needs in rare diseases and the challenges of bringing new treatments to these patients,” said Dr. Charlton. “I am impressed by the extensive preclinical work and established safety profile supporting PLX-200, which together provide a strong foundation as PLX-200 advances into the clinic. I look forward to bringing my experience to the SOTERIA trial and being of service to pediatric patients and families.”

 

“Will has extensive experience serving as a Chief Medical Officer and leading rare disease clinical trials, coupled with his background as a pediatrician and passion for developing patient-friendly therapies, making him an excellent fit to lead our SOTERIA trial,” said Alex Yang, Polaryx Therapeutics’ Chief Executive Officer. “With SOTERIA on track to initiate in Q4 2026, his proven track record will be highly valuable as we execute the trial, advance of key clinical milestones, and deepen our engagement with the patients and families affected by lysosomal storage disorders.”

 

Earlier in his career, Dr. Charlton spent over a decade in clinical practice as a board-certified pediatric endocrinologist. Dr. Charlton currently serves as a board member of ReSurge International, providing governance oversight and strategic guidance to a global nonprofit advancing access to reconstructive surgical care in underserved regions.

 

Dr. Charlton earned his medical degree from the University of Southern California Keck School of Medicine and completed his pediatric internship and residency at Children’s Hospital Los Angeles. He completed a Master of Advanced Studies in Clinical Research and fellowship in Pediatric Endocrinology at the University of California, San Francisco. He has also earned his BA in Liberal Studies from the University of the Pacific. Dr. Charlton is licensed by the Medical Board of California.

 

About the SOTERIA Trial

 

SOTERIA is a Phase 2, open-label, single-arm trial intended to assess the safety, tolerability, and clinical activity of Polaryx’s lead drug candidate, PLX-200, in CLN2, CLN3, Krabbe disease, and Sandhoff disease, four different LSDs whose patient populations Polaryx believes represent approximately one quarter of the LSD population. SOTERIA is designed to provide important clinical data to inform PLX-200’s future development while maintaining a flexible and resource-efficient trial design. Polaryx received a safe to proceed letter in October 2025 from the FDA and plans to initiate SOTERIA in the fourth quarter of 2026 with trial sites in the United States followed by other foreign jurisdictions. Designed with a high degree of flexibility, SOTERIA represents a resource-efficient opportunity to validate PLX-200’s preclinical science across multiple LSDs while gathering data that will be invaluable in planning PLX-200’s future development pathway, including the initiation of potentially pivotal trials. For the CLN2 and CLN3 cohorts, although the entire trial is open label, these cohorts will incorporate analyses comparing natural history data as a control arm to PLX-200’s treated arm. A natural history study is a preplanned observational study intended to track the course of the disease. Should the data demonstrate compelling clinical activity, Polaryx may pursue an expedited approval pathway. For more information about the SOTERIA trial, please visit https://clinicaltrials.gov/study/NCT07740512.

 

   

 

About Polaryx Therapeutics

 

Polaryx Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing patient-friendly small molecule and gene therapy treatments for rare orphan lysosomal storage disorders (LSDs). Founded in 2014, Polaryx seeks to deliver safe, effective, and patient-friendly treatments that address the underlying pathophysiology of these catastrophic diseases and their significant unmet need. Our approach integrates small molecule therapies, including a combination therapy, and a gene therapy, positioning us to potentially address both the genetic and downstream pathological features of LSDs. Our small molecule drug candidates share similar modes of action that have been demonstrated to address lysosomal dysfunction, neuroinflammation, and neuronal loss in our validated animal models that closely mimic human clinical phenotypes. Our most advanced product candidate, PLX-200, targets several LSDs and we intend to launch SOTERIA, a Phase 2 basket trial, to evaluate PLX-200’s safety and efficacy in the fourth quarter of 2026. For more information about the SOTERIA trial, please visit https://clinicaltrials.gov/study/NCT07740512. More information about Polaryx may be found at www.polaryx.com.

 

Forward-Looking Statements

 

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the federal securities laws, including, but not limited to, statements regarding: Polaryx’s clinical development plans for its product candidates, including PLX-200, including the timing for initiation of the SOTERIA trial. Words such as “may,” “might,” “will,” “objective,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “design,” “estimate,” “predict,” “potential,” “develop,” “plan” or the negative of these terms, and similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While Polaryx believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to the company on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties (including, without limitation, those set forth in Polaryx’s filings with the U.S. Securities and Exchange Commission (the SEC), many of which are beyond the Company’s control and subject to change. Actual results could be materially different. Risks and uncertainties include: global macroeconomic conditions and related volatility, expectations regarding the initiation, progress, and expected results of Polaryx’s clinical trials; expectations regarding the timing, completion and outcome of Polaryx’s clinical trials; the timing or likelihood of regulatory filings and approvals; liquidity and capital resources; and other risks and uncertainties identified in Polaryx’s most recently filed Form 10-K with the SEC and subsequent disclosure documents Polaryx may file with the SEC. Polaryx claims the protection of the Safe Harbor contained in the Private Securities Litigation Reform Act of 1995 for forward-looking statements. Polaryx expressly disclaims any obligation to update or alter any statements whether as a result of new information, future events or otherwise, except as required by law.

 

Media Contact:

 

CORE IR

(212) 655-0924

media@polaryx.com

 

Investor Contact:

 

CORE IR

(212) 655-0924

investor@polaryx.com

 

   

 

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