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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 |
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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
Paramus, NJ 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). |
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 |
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