Company intelligence / Profile preview
Avalo Therapeutics
Rockville, Maryland, United Statesavalotx.com ↗
- Ownership
- Public · AVTX
- Employees
- ~23
- Development stage
- Other
01
Overview
Avalo’s lead program is AVTX-009, an anti–IL‑1β monoclonal antibody in Phase 2 for hidradenitis suppurativa. The company recently pivoted its pipeline to focus on this asset after acquiring AlmataBio and deprioritizing previous assets such as quisovalimab and a BTLA agonist fusion protein. Previous programs included AVTX‑002 for non-eosinophilic asthma and COVID‑19 ARDS; however, recent trials did not meet primary endpoints but showed positive trends in biomarker-defined subpopulations[10][7]. The company has secured significant funding to advance the current lead program through key clinical milestones.
- Therapeutic areas
- PulmonologyImmunologyDermatologyRare DiseasesInfectious Diseases
- Modalities
- monoclonal antibodies (mAbs)fusion proteins
- Industry
- Biotech
02
Drug pipeline
14 assets13 more assets in the full pipeline.
03
Partnerships
No major pharmaceutical partnerships disclosed post-pipeline pivot. Recent investors include Commodore Capital, TCGX, BVF Partners, Deep Track Capital, OrbiMed, Petrichor and RA Capital Management[7].
04
Financials
- Market cap
- $355.6M
- Total revenue
- $59K
- Enterprise value
- $-37.2M
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