AeroRx Therapeutics raises $21 million in Series A financing led by Avalon BioVentures to advance AERO-007 for COPD.
Oct 07, 2025•3 days ago
Amount Raised
$21 Million
Round Type
series a
Investors
Alexandria Venture InvestmentsCorrelation VenturesAvalon Bio Ventures
Description
AeroRx Therapeutics announced a $21 million Series A financing led by Avalon BioVentures, with participation from Correlation Ventures and Alexandria Venture Investments. The funds will support late-stage clinical development of AERO-007, a potential first-line treatment for COPD. Data from a Phase 2a study showed AERO-007 was well tolerated and provided sustained bronchodilation. This financing positions AeroRx to advance toward a Phase 2b dose-optimization study.
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