Blacksburg biotech company Landos Biopharma Inc. has gone public.
An initial public offering of stock, priced at $16 a share, was expected to raise $100 million to develop possible new treatments for autoimmune diseases.
The Landos labs at the Virginia Tech Corporate Research Center have “identified seven novel immunometabolic targets and product candidates” for the treatment of such ailments as ulcerative colitis, Crohn’s disease, lupus, rheumatoid arthritis, multiple sclerosis, Alzheimer’s disease, asthma, psoriasis, chronic obstructive pulmonary disease and type 1 diabetes.
Those descriptions and scores of scientific charts have been filed by Landos with the U.S. Securities and Exchange Commission.
Click here to read more via The Roanoke Times.
Latest posts by BioBuzz Media (see all)
- Gain Therapeutics Announces Issuance of Two New PCT Patents Covering GBA and GALC Modulator Compounds for Treatment of CNS Disorders - June 10, 2021
- Adaptive Phage Therapeutics Announces Collaboration with Oyster Point Pharma to Target Ophthalmic Diseases - June 10, 2021
- Judy Costello Appointed as Special Projects Manager, Office of the County Executive at Montgomery County, Maryland - June 10, 2021
- Montgomery County, University System of Maryland, and Montgomery College Sign Memorandum of Understanding to Expand County’s Leadership Role in Life and Regulatory Sciences Education and Innovation - June 9, 2021
- Rockville’s NeoImmuneTech Announces First Clinical Trial Application Authorization Received in the EU for its Phase 2 Study of NT-I7 and Opdivo® - June 8, 2021