Airway Therapeutics Closes $15.5 Million Series C Financing to Advance Preclinical and Clinical Research and Development Programs to Prevent and Treat Serious Respiratory Diseases
This funding will enable clinical development of AT-100 (rhSP-D), an investigational preventive treatment for the serious respiratory disease bronchopulmonary dysplasia (BPD) in very preterm infants, while also supporting preclinical research in influenza, respiratory syncytial virus (RSV) and cystic fibrosis.
- This funding will enable clinical development of AT-100 (rhSP-D), an investigational preventive treatment for the serious respiratory disease bronchopulmonary dysplasia (BPD) in very preterm infants, while also supporting preclinical research in influenza, respiratory syncytial virus (RSV) and cystic fibrosis.
- Preclinical research in BPD demonstrated that Airways AT-100 prevented the onset of lung tissue damage, and reduced inflammation and infection triggered by mechanical ventilation and oxygen support.
- Funding from the Series C financing will enable Airway to further develop its preclinical package for influenza, RSV and cystic fibrosis in preparation for additional clinical trials in 2021.
- Mr. Patel has more than 25 years of experience covering all aspects of biopharmaceutical clinical development, including program management, clinical operations, regulatory affairs, analytical development and quality.