The Work Index by Flexa

Allakos Inc

Allakos Inc. is a clinical-stage biotechnology company developing therapeutic antibodies to treat allergic, inflammatory and proliferative diseases.

https://www.allakos.com/
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Description

Allakos is a clinical-stage biotechnology company focused on developing innovative therapies for allergic, inflammatory, and proliferative diseases. The company utilizes monoclonal antibodies that target immunomodulatory receptors on immune cells, aiming to either activate or block their function. Activating inhibitory receptors allows for the direct inhibition of cells involved in disease pathogenesis, potentially reducing inflammation. In proliferative diseases, blocking inhibitory receptors can restore the immune system's ability to identify and kill proliferative cells.

Allakos' lead program focuses on inhibiting mast cells, which play a crucial role in inflammatory responses. Their most advanced antibody, AK006, targets Siglec-6, an inhibitory receptor expressed on mast cells. AK006 is currently being studied in healthy volunteers and Allakos plans to initiate a Phase 1 trial in patients with Chronic Spontaneous Urticaria in Q2 2024. Allakos is also developing AK007, a Siglec-10 antagonist antibody designed to block Siglec-10 interaction with its known ligands in proliferative diseases like cancer, aiming to restore myeloid cell function and promote anti-tumor immunity.

Flexibility

Allakos provides flexible work options for its employees, offering a generous mix of paid holidays, vacation time, and sick days, as well as parental leave. They also have an employee referral program, an employee assistance program (EAP), and a commuter benefit program, which suggests a workplace that prioritizes employee well-being and caters to diverse needs.

Benefits

Allakos offers a comprehensive benefits package for full-time employees, including competitive salary and equity compensation. This includes health and wellness benefits like medical, dental, and vision insurance with low employee contributions, as well as healthcare spending and flexible spending accounts. They also offer employer-funded disability plans, a 401k plan with company match, an employee stock purchase plan, and equity grants for all new and eligible employees. Allakos also provides a generous mix of paid holidays, vacation time, and sick days, as well as reward and recognition programs, parental leave, an employee referral program, an employee assistance program, a commuter benefit program, gym access on campus, and healthy snacks and beverages.

Enhanced parental leave

Mission

Allakos is a clinical-stage biotechnology company dedicated to developing therapeutic antibodies that target immunomodulatory receptors on immune cells. Their goal is to create novel therapies for allergic, inflammatory, and proliferative diseases by activating or blocking these receptors, ultimately transforming patients' lives.

Disruptor
Healthcare
Improving quality of life/health
Science and research driven

Culture

Allakos promotes a culture of innovation, diversity, and collaboration. The company emphasizes the importance of teamwork and provides a supportive environment for its employees to thrive. They offer competitive compensation, comprehensive benefits, and various perks, including gym access, healthy snacks, and recognition programs. Allakos is committed to transforming people's lives through its work and fostering a workplace where every employee feels valued and empowered to contribute.

People-first
Supportive

DE&I

Allakos is committed to fostering a diverse and inclusive workplace, recognizing the value of different perspectives and experiences. They offer comprehensive benefits and programs to support their employees, including competitive salary and equity compensation, healthcare and financial benefits, and initiatives like parental leave, employee referral programs, and an employee assistance program. While specific details about their DEI strategy aren't explicitly stated on the website, their commitment to a diverse workforce and employee support programs suggests a dedication to creating a welcoming and equitable environment for all.

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