Avidity Biosciences

Avidity Biosciences

Edit info

  • Founded: 2013
  • Location: La Jolla, CA
  • Employee range: 50 - 200
  • Clinical stage: Clin1/Clin2
  • Therapy area: Myotonic dystrophy type 1
  • Drug types: GEN, MUS, RAR, CVV
  • Lead product: AOC 1001
  • Funding: $207M stock Dec 2022; $298M IPO Jun 2020; $100M C Nov 2019; $16M B Jan 2017


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Business:

Antibody-Oligonucleotide Conjugates

Drug notes:

AOC 1044 Clin1/Clin2 DMD (FT); AOC 1020 Clin1/Clin2 facioscapulohumeral muscular dystrophy; 3+ undisclosed programs RD DMD, skeletal muscle conditions, rare cardiac conditions

About:

Avidity Biosciences is developing a new class of RNA therapies to treat rare genetic diseases. Avidity has developed an innovative pipeline built upon their Antibody Oligonucleotide Conjugate (AOCTM) platform. AOCs comprise three components: monoclonal antibodies (mAbs), a linker and siRNA. AOCs therefore combine the specificity of mAbs and the precision of oligonucleotides which enable tissue-specific and gene-specific targeting, respectively. Avidity has primarily focused on skeletal muscle diseases with AOC 1001 now in clinical trials and is looking to expand into different cells and tissues. This can be achieved through the flexibility of the AOC platform.

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