Details

Last Funding Type

Series B

Last Funding Money Raised

$16M

Industries

Biotechnology,Health Care,Life Science,Pharmaceutical,Therapeutics

Founded date

Jan 1, 2013

Number Of Employee

101 - 250

Operating Status

Active

Stock Symbol

nasdaq:RNA

Legal Name

Avidity Biosciences, Inc

Avidity Biosciences, Inc. is pioneering a new class of oligonucleotide-based therapies called AOCs designed to overcome the current limitations of oligonucleotide therapies in order to treat a wide range of serious diseases. Avidity utilizes its proprietary AOC platform to design, engineer and develop therapeutics that combine the tissue selectivity of monoclonal antibodies and the precision of oligonucleotide therapies in order to access previously undruggable tissue and cell types and more effectively target underlying genetic drivers of diseases. Avidity's lead product candidate, AOC 1001, is designed to treat myotonic dystrophy type 1, and its four other muscle programs are focused on the treatment of muscle atrophy, Duchenne muscular dystrophy, facioscapulohumeral muscular dystrophy and Pompe disease. In addition to its muscle franchise, Avidity has development efforts focused on immune and other cell types.