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Details:
ATX-01, an antimiR designed to target microRNA 23b (miR-23b), is the first microRNA therapeutic which is being evaluated for the treatment of Myotonic Dystrophy Type 1.
Lead Product(s): ATX-01
Therapeutic Area: Genetic Disease Product Name: ATX-01
Highest Development Status: IND EnablingProduct Type: Large molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable February 28, 2024
Details:
The Series B proceeds will be used to advance company's lead compound, ATX-01 (amitriptyline hydrochloride), an antimiR designed to target microRNA 23b (miR-23b), to a Phase I/IIa clinical trial for the treatment of Myotonic Dystrophy Type 1 (DM1).
Lead Product(s): ATX-01
Therapeutic Area: Neurology Product Name: ATX-01
Highest Development Status: PreclinicalProduct Type: Large molecule
Partner/Sponsor/Collaborator: Columbus Venture Partners
Deal Size: $46.4 million Upfront Cash: Undisclosed
Deal Type: Series B Financing May 03, 2023
Details:
ATX-01 is an investigational drug compound designed to address myotonic dystrophy, a rare progressive muscle wasting disease, by targeting a microRNA involved in the disease pathogenesis.
Lead Product(s): ATX-01
Therapeutic Area: Genetic Disease Product Name: ATX-01
Highest Development Status: IND EnablingProduct Type: Large molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable December 14, 2022
Details:
Proceeds will be used to fund the FIGHT-DM 1 project to initiate clinical trial of Arthex' lead candidate, ATX-01, in DM1 in 2023.
Lead Product(s): ATX-01
Therapeutic Area: Genetic Disease Product Name: ATX-01
Highest Development Status: PreclinicalProduct Type: Large molecule
Partner/Sponsor/Collaborator: EIC Accelerator
Deal Size: $13.7 million Upfront Cash: Undisclosed
Deal Type: Funding October 25, 2022