Privately-held US biotech Attovia Therapeutics, which is developing treatments for immune-mediated diseases with high unmet patient need, today announced the close of a $90 million Series C financing.
Proceeds from the financing, along with the company’s existing cash and investments, will be used to advance Attovia’s lead assets, ATTO-1310 and ATTO-3712, through clinical proof-of-concept, with the aim of achieving best-in-disease efficacy for the treatment of chronic pruritus and atopic dermatitis.
The funds will also enable focused expansion of Attovia’s pipeline of multi-specific therapeutic candidates utilizing the company’s proprietary ATTOBODY technology to develop breakthrough treatment options for patients suffering from immune-mediated disorders, including inflammatory bowel disease (IBD) and others.
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