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Athos Therapeutics Announces The Completion Of Its Oversubscribed Series A Financing

PRIVATENov 15, 2021

Round Type

Series A

TorranceBiotechnologyHealthcareHealth CareScience And Engineering

Description

Athos Therapeutics, Inc., a late preclinical stage biotechnology company pioneering the development of first-in-class precision therapeutics for patients with autoimmune diseases and cancer, announced today the completion of an oversubscribed $15MM Series A financing.

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Company Information

Company

Athos Therapeutics, Inc.

Location

11301 OLYMPIC BLVD., SUITE 592

Torrance, California, United States

About

Athos Therapeutics Inc. is a late-stage preclinical biotech company developing small molecule therapeutics for immune-mediated diseases and cancer using artificial intelligence-generated innovative chemistry and computational platforms. The co-founders of Athos include one of the founders of Kite Pharma (acquired for $12B), the medicinal chemist behind two multi-billion-dollar FDA-approved drugs (Xtandi & Erleada), and the discoverer of the miR-124 drug target, currently in a Phase III IBD trial. Athos identifies novel drug targets (hubs) by integrating clinical and molecular datasets into the biological network of a disease (the disease interactome) and matches them to its small molecule computational chemistry platform. ATH-63, the Company's lead drug compound, is moving into a Phase Ia human clinical early in 2022. The Athos pipeline includes small molecule approaches for various autoimmune disease and cancer.

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Related People

1 contact
Verified contactsDimitrios I., Executive Officer, DirectorSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Athos Therapeutics, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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