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ARTHEx Biotech
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Spain
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C/ Catedrático Agustín Escardino 9 46980 Paterna, Valencia
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+34 625 016 629
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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

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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

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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

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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

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