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Atea closes $215m Series D round to support Covid-19 trials

Usa city Boston county Rock virus covid-19 RNA pandemic
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www.pharmaceutical-technology.com
pharmaceutical-technology.com:

Boston-based Atea Pharmaceuticals has raised $215m in a Series D financing round. The investment was led by Bain Capital Life Sciences; other new investors that participated in the round include Omega Funds, Rock Springs Capital and Redmile Group.

Some of Atea’s existing investors also participated, including Ally Bridge Group and Morningside Ventures. This funding will primarily be used to support Atea’s efforts against Covid-19.

The company recently received clearance from the US Food and Drug Administration (FDA) to advance its novel antiviral drug AT-527 into a Phase II clinical trial.

This study will evaluate the safety, tolerability and efficacy of AT-527 in those aged between 45 to 80 with moderate Covid-19 and risk factors for poor

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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