Pardes Biosciences nets $199 million in COVID-19 pill race
The Carlsbad startup is in early clinical trials for an experimental antiviral oral treatment for COVID-19, akin to Tamiflu for influenza.
Stay updated with breaking news from Fs Development Corp. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Carlsbad startup is in early clinical trials for an experimental antiviral oral treatment for COVID-19, akin to Tamiflu for influenza.
Pardes Biosciences’ experimental oral antiviral for treating and preventing Covid-19 infection addresses the same target as Pfizer’s authorized pill Paxlovid, but with a potential dosing advantage. The Pardes pill is in Phase 1 testing, and the biotech joined the public markets this week after completing a SPAC merger that infuses the company with $274 million.
Startup is in early clinical trials for an experimental antiviral oral treatment for COVID-19, akin to Tamiflu for influenza.
Pardes Biosciences on Tuesday said early human testing shows that its experimental Covid-19 antiviral pill works as a standalone treatment and announced plans to go public by merging with a special purpose acquisition company. If the drug, called PBI-0451, proves effective in later-stage testing, it could have an advantage over similar pills that need to be taken with a
Pardes Biosciences on Tuesday said early human testing shows that its experimental COVID 19 antiviral pill works as a standalone treatment and announc...