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Avalo Therapeutics advances AVTX-010, a long-acting anti-IL-1β antibody, with IND planned for early 2027

Company Fundamentals
16 Jun 2026
GlobeNewsWire
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Bullish
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Avalo Therapeutics announced progress on AVTX-010, a next-generation long-acting anti-IL-1β monoclonal antibody aimed at treating hidradenitis suppurativa and other inflammatory diseases. The company plans to submit an Investigational New Drug (IND) application for AVTX-010 in the first half of 2027, following positive Phase 2 results from their lead drug abdakibart. AVTX-010 is designed for less frequent dosing, potentially improving patient adherence and experience. Avalo is also advancing abdakibart into a pivotal Phase 3 trial, supported by recent financing and productive FDA engagement.

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Autoimmune therapeutics market to reach $137.85B by 2035, driven by biologics and precision medicine growth

Autoimmune therapeutics market to reach $137.85B by 2035, driven by biologics and precision medicine growth

The global autoimmune disease therapeutics market is projected to grow from $80.54 billion in 2025 to $137.85 billion by 2035, at a CAGR of 5.52%. Growth is fueled by rising autoimmune disease prevalence, advances in biologics, JAK inhibitors, monocl...

Market News
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Light Up Chinatown! 2026 festival returns to Vancouver with food, music, and community events on August 8-9.

Light Up Chinatown! 2026 festival returns to Vancouver with food, music, and community events on August 8-9.

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Travelers are more strategic with rewards programs, seeking value and ease amid rising loyalty challenges.

Travelers are more strategic with rewards programs, seeking value and ease amid rising loyalty challenges.

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16 minutes ago
Health plan cuts machine-readable file production from 45 days to under 24 hours with TALON integration

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A regional nonprofit health plan reduced its Transparency in Coverage machine-readable file (MRF) production time from 45 days to less than 24 hours by integrating TALON's platform directly with its claims administration system. This eliminated a com...

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Neutral
1 hour ago
ASUS launches new durable Chromebooks CM15 and CM32 with long battery life and Google AI features in the US

ASUS launches new durable Chromebooks CM15 and CM32 with long battery life and Google AI features in the US

ASUS has introduced two new Chromebooks in the US market: the budget-friendly CM15 laptop and the versatile CM32 Detachable 2-in-1 device. Both run on the MediaTek Kompanio 540 processor, offer up to 12 hours of battery life, and feature military-gra...

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