Aerium Therapeutics, a venture-backed startup, on Tuesday announced industry veteran Rajeev Venkayya will lead the company and released data that showed its two experimental monoclonal antibodies neutralized coronavirus variants, including Omicron and its fast-spreading subvariant BA.2, in lab studies.
Aerium, which raised an undisclosed sum in Series A financing through Omega Funds and F-Prime Capital, will be based in Boston with research and development operations in Lausanne, Switzerland.
The company plans to develop its two monoclonal antibodies for use in combination to prevent coronavirus infection in people who are immunocompromised and do not make a strong antibody response to vaccines.
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