Athos Therapeutics announced it raised $7.56 Million in an initial filing from an offering of $35 Million
Athos Therapeutics announced it raised $7.56 Million in an initial filing from an offering of $35 Million
02/06/24, 7:41 PM
Location
Money raised
$7.56 million
Industry
biotechnology
science and engineering
health care
Company Info
Location
11301 olympic blvd., suite 592
torrance, california, united states
Additional Info
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.