Last deal

$345.1M

Amount

Post-IPO Equity

Stage

14.08.2024

Date

9

all rounds

$1.5B

Total amount

General

About Company
Avidity Biosciences is a biotech company developing oligonucleotide-based therapies to treat serious diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Avidity, Avidity NanoMedicines, Avidity Nanomedicines Llc

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

The company's proprietary AOC platform combines the tissue selectivity of monoclonal antibodies with the precision of oligonucleotide therapies to access previously undruggable tissue and cell types and more effectively target underlying genetic drivers of diseases. Avidity's lead product candidate, AOC 1001, is designed to treat myotonic dystrophy type 1, and its other muscle programs focus on the treatment of muscle atrophy, Duchenne muscular dystrophy, facioscapulohumeral muscular dystrophy, and Pompe disease. The company also has development efforts focused on immune and other cell types. Avidity is committed to revolutionizing the delivery of RNA therapeutics and delivering breakthrough therapies to patients.
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