Relevium Medical

Relevium Medical YC Application

Summer 2022Active

Relevium Medical went through Y Combinator in the Summer 2022 batch as a Healthcare company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2022
Industry
HealthcareTherapeutics
Team size
5
Status
Active
Launched
2022

Founders

  • Alison Liddy
    Alison LiddyFounder

What Relevium Medical does

Relevium Medical is developing an injectable gel for knee osteoarthritis. Approximately half the population will be diagnosed with this pain and progressive disease. Right now, patients have to undergo not only repeat injections to control their pain, but also have to take strong oral medications. Because the disease is progressive and only gets worse over time, many patients end up on highly addictive, high-dose opioids. To date, we have secured $3.7 million in non dilutive funding and completed preclinical testing. We demonstrated that our drug is safe, selectively blocks nerves that transmit pain, and provides pain relief that lasts four times as long. Insurance currently pays $770 per six-monthly treatment for knee osteoarthritis. With 5 million patients in the US, this represents a $7.7 Bn market opportunity. This platform biotherapeutic can also be used to treat other joints affects by osteoarthritis such as the hip and ankle, where the same problems exist in treatment care.

Relevium Medical's YC application, reconstructed

Y Combinator application

Relevium Medical, Summer 2022 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Relevium Medical

Describe what your company does in 50 characters or less.

Injectable gel therapy for osteoarthritis

What is your company going to make? Please describe your product and what it does or will do.

We are developing a platform injectable gel designed to provide long-lasting pain relief for knee osteoarthritis patients. Our gel selectively blocks the pain-transmitting nerves and significantly extends the duration of relief compared to current treatments. It aims to reduce reliance on repeated injections and opioids.

Where do you live now, and where would the company be based after YC?

We live and work in Galway, County Galway, Ireland, and plan to keep the company based there after YC.

Explain your decision regarding location.

We are based in Galway where we have access to local talent and medical expertise relevant to our therapeutic development. Remaining here supports our preclinical testing and product development continuity.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Relevium Medical YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Relevium Medical's public data (launch notes, founder backgrounds, product description). It shows how a company like Relevium Medical would present itself to YC, not the text they submitted.

What YC batch was Relevium Medical in?

Relevium Medical was part of the Y Combinator Summer 2022 batch.

Who founded Relevium Medical?

Relevium Medical was founded by Alison Liddy.

What does Relevium Medical do?

Platform injectable gel based therapeutic for osteoarthritis

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Relevium Medical's application, and every other YC batch, is in YC Insights.

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