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AVTX

Avalo Therapeutics Inc

AVTX

NASDAQ

Biotechnology

$18.20

USD

+$0.20 (+1.11%)

Last close

Market Cap:

$954.07M

Volume:

8.5M

Price (USD)
Key Statistics

Previous Close

$18.00

Day Range

$17.63 - $18.46

52 Week Range

$4.50 - $24.27

Average Volume (10 Days)

1.9M

P/E Ratio

0.00

Dividend Yield

0.00%

About This Company

Avalo Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the treatment of immune dysregulation by developing therapies that target the LIGHT-signaling network. The company is headquartered in Wayne, Pennsylvania and currently employs 33 full-time employees. The company went IPO on 2015-11-13. The firm's lead asset is AVTX-009, an anti-IL-1β mAb, targeting inflammatory diseases. AVTX-009 is a humanized monoclonal antibody (IgG4) that binds to interleukin-1β (IL-1β) with high affinity and neutralizes its activity. IL-1β is a central driver in the inflammatory process. Overproduction or dysregulation of IL-1β is implicated in many autoimmune and inflammatory diseases. IL-1β is a major, validated target for therapeutic intervention. There is evidence that inhibition of IL-1β could be effective in hidradenitis suppurativa and a variety of inflammatory diseases in dermatology, gastroenterology, and rheumatology. AVTX-009 is in the Phase II LOTUS trial for hidradenitis suppurativa (HS).

CEO

Dr. Garry Neil

Headquaters

Wayne, PENNSYLVANIA, US

Founded

2015

Employees

33

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