Aiolos Bio debuts with $245 million financing
San Francisco, USA-based biotech start-up Aiolos Bio has today emerged out of stealth, backed by an oversubscribed $245 million Series A investment.
The company said the funding will advance its lead drug candidate, AIO-001, into a Phase II clinical trial in moderate-to-severe asthma patients and is actively evaluating additional development opportunities.
The funding was co-led by Atlas Venture, Bain Capital Life Sciences, Forbion, and Sofinnova Investments with additional investment from RA Capital Management
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