Avalo Therapeutics, Inc. (AVTX) Dividend History

Avalo Therapeutics, Inc. (AVTX) is a biotechnology company focused on developing innovative therapies for immune-inflammatory and specialized conditions. The company leverages its expertise in immunology and inflammation to advance treatments aimed at improving patient outcomes in chronic and rare diseases.

540 Gaither Road, Rockville, MD, 20850
Phone: 410-522-8707
Website: https://www.avalotx.com

Dividend History

Avalo Therapeutics, Inc. currently does not pay dividends

Company News

  • Avalo Therapeutics, a clinical-stage biotechnology company, announced its participation in upcoming investor conferences to discuss its lead asset AVTX-009, a monoclonal antibody targeting inflammatory diseases.

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  • Tuesday, Oppenheimer upgraded Avalo Therapeutics Inc (NASDAQ:AVTX), noting that its AVTX-009 is a promising drug candidate and looks forward to a Phase 2 topline data in 2026 in hidradenitis suppurativa (HS) and additional updates. In March, Avalo Therapeutics announced the acquisition of a Phase 2-ready anti-IL-1β mAb, which it refers to as AVTX-009, originally developed by Eli Lilly And Co (NYSE:LLY). Avalo announced a private placement of $185 million in gross proceeds, including an initial gross upfront investment of $115.6 million. Oppenheimer says that the company is preparing to advance ‘009 for Phase 2 development in hidradenitis suppurativa (HS), showing confidence in its potential. While topline data won’t be available until 2026, there’s consideration to also ...Full story available on Benzinga.com

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