Rajeev Venkayya, Aerium Therapeutics CEO

In year 3 of the pan­dem­ic, a new Covid-19 biotech takes flight with an an­ti­body com­bo and Takeda's ex-vac­cines chief at the helm

Year three of the Covid-19 pan­dem­ic just be­gan, but this far in, Omega Funds thinks it’s not too late to launch a biotech to fight SARS-CoV-2 just as an­oth­er sub­vari­ant takes flight and cas­es rise in var­i­ous re­gions.

The pro­lif­ic biotech in­cu­ba­tor poached Take­da’s for­mer vac­cines leader Ra­jeev Venkayya and inked re­search agree­ments with Swiss uni­ver­si­ties to cre­ate Aeri­um Ther­a­peu­tics, named af­ter the Latin word for air­borne. With the cov­er now off, Aeri­um can put to work two mon­o­clon­al an­ti­bod­ies that it says have shown neu­tral­iza­tion against Omi­cron and its sub­vari­ants in pre­clin­i­cal test­ing that is yet to be peer re­viewed.

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.