Avidity Biosciences Receives Equity Investment from CureDuchenne

healthcareAvidity Biosciences, a La Jolla, CA-based biotech company advancing a new class of precision medicines based upon antibody-oligonucleotide conjugates, received an equity investment from CureDuchenne.

The amount of the deal was not disclosed.

The company intends to use the funds to advance pre-clinical development of potential therapies to treat patients with Duchenne muscular dystrophy (DMD).

Avidity Biosciences is a biotech company advancing Antibody Oligonucleotide Conjugates (AOC™), which combine the tissue selectivity of monoclonal antibodies and the precision of oligonucleotide-based therapeutics to overcome barriers to the delivery of oligonucleotides and target genetic drivers of disease.

Avidity, which is advancing a pipeline of therapeutic programs focused on rare muscle disorders and other serious diseases, has raised $30m in venture financing from a top-tier group of healthcare investors.

The company’s team includes:
– Troy Wilson, Ph.D., J.D., President and Chief Executive Officer
– Kent Hawryluk, Chief Business Officer
– Arthur A. Levin, Ph.D., Executive Vice President, Research and Development
– Andy Geall, Andrew J. Geall, Ph.D., Vice President, Formulations & Chemistry
– John Wallen, Ph.D., J.D., Vice President, Intellectual Property
– Vanessa L. Jacoby, CPA, Vice President, Finance



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