Talphera Advances Pipeline With Focus on Anticoagulant and Anti-Inflammatory Therapies Talphera, formerly AcelRx, is progressing with Niyad, an anticoagulant for extracorporeal circuits, and LTX-608, targeting inflammatory and viral conditions. The company’s valuation metrics are in line with healthcare peers, and its product pipeline positions it to address critical needs in medically supervised settings.34