-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in US stocks | Biotech company Attovia Therapeutics (ATTO.US) closed up 28.82% on the first day of listing on the NASDAQ
Share
Listen to the news

The Zhitong Finance App learned that on Wednesday, biotech company Attovia Therapeutics (ATTO.US) officially landed on the NASDAQ and closed up 28.82% on the first day of listing to $21.9. The IPO price is $17. Established in 2022, Attovia's core technology “ATTOBODY” platform is a biotechnology platform based on biparatopic nanoantibodies (biparatopic nanobody), obtained an exclusive license from Alamar Biosciences (ALMR.US). The platform enables the development of multi-specific antibody therapies targeting complex immune targets.

The company currently has three drugs under development, of which ATTO-1310 is the company's core asset. The drug has completed phase I clinical trial administration for healthy volunteers and patients with chronic pruritus and atopic dermatitis. As a bispecific antibody targeting IL-13 and IL-31, ATTO-2306 is expected to achieve more comprehensive efficacy coverage in the field of atopic dermatitis. As a tri-specific antibody, ATTO-1091 also targets the three popular immune targets of TL1A, IL-23, and integrin α4β7, pointing to the huge inflammatory bowel disease market.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending