Wednesday, March 30, 2022

Adagio: Has 1st Monoclonal Antibody to Meet Primary Endpoints in Covid Pre-, Post-exposure Prophylaxis, Treatment

 Risk of symptomatic COVID-19 was reduced by 71% compared to placebo in pre-exposure prophylaxis and 75% compared to placebo in post-exposure prophylaxis

Risk of hospitalization or death in participants with mild to moderate COVID-19 was reduced by 66% compared to placebo in the primary efficacy analysis population and by 77% compared to placebo in participants who received treatment within three days of symptom onset

Full year and fourth quarter 2021 financial results reported; $591 million in cash and investments expected to be sufficient to fund operations into second half of 2024

https://finance.yahoo.com/news/adagio-therapeutics-announces-adg20-adintrevimab-103000765.html

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