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Avalo Therapeutics
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Avalo Therapeutics

https://www.avalotx.com/
Last activity: 12.11.2024
Active
Website visits
34.9K /mo.
Mentions
6
Location: United States, Maryland, Rockville
Employees: 11-50
Founded date: 2011

Investors 2

Mentions in press and media 6

DateTitleDescription
12.11.2024Avalo Therapeutics Receives $69.4 Million in Proceeds from the Full Exercise of Private Placement WarrantsProceeds from the full exercise of warrants issued in the first quarter of 2024 private placement bring the total gross proceeds from the transaction to $185 million Cash runway expected into at least 2027 WAYNE, Pa. and ROCKVILLE, Md., Nov...
28.03.2024Avalo signals change in fortunes by snapping up AlmataBio for ex-Lilly inflammatory drugAvalo Therapeutics is handing over more than $22 million in stock and cash to acquire AlmataBio for a phase 2-ready monoclonal antibody for hidradenitis suppurativa (HS). The anti-IL-1β mAb, dubbed AVTX-009, has its origins at Eli Lilly. Av...
05.05.2022Ava­lo Ther­a­peu­tics to lay off 33% of staff amidst mar­ket strug­gles and pen­ny stock sta­tusAva­lo Ther­a­peu­tics is con­tin­u­ing to hit bumps in its jour­ney as it is ex­e­cut­ing a work­force re­duc­tion to fo­cus more on its pipeline. The Rockville, MD-based biotech an­nounced that it would be com­mit­ting to a staff re­duc­t...
17.02.2022Avalo Therapeutics shuffles leadership team as the flailing biotech searches for a port in the stormMike Cola A badly stumbling public market for biotech has laid waste to small companies in the first weeks of 2022, and now another victim is shuffling the deck. Avalo Therapeutics CEO Mike Cola and CFO Schond Greenway are stepping away fro...
17.09.2021Avalo Therapeutics, Inc. Announces Closing of a $31.5 Million Public Offering of Common Stock, Including Proceeds from Exercise of Option to Purchase Additional SharesWAYNE, Pa. and ROCKVILLE, Md., Sept. 17, 2021 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (“Avalo” or the “Company”) (Nasdaq: AVTX), a leading clinical-stage precision medicine company that discovers, develops, and commercializes targeted ...
15.09.2021Avalo Therapeutics, Inc. Announces Pricing of $27.5 Million Public Offering of Common StockWAYNE, Pa. and ROCKVILLE, Md., Sept. 14, 2021 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (“Avalo” or the “Company”) (Nasdaq: AVTX), a leading clinical-stage precision medicine company that discovers, develops, and commercializes targeted ...

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