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AlloVir

AlloVir logo
🇺🇸United States
Ownership
Public
Established
2013-01-01
Employees
112
Market Cap
-
Website
http://www.allovir.com
Introduction

AlloVir, Inc. engages in the research, development and commercialization of off-the-shelf VST therapies to prevent and treat severe viral-associated diseases. It develops novel cell therapies with a focus on restoring natural immunity against life-threatening virus-associated diseases in patients with severely weakened immune systems. The firm's technology platforms deliver commercially scalable solutions by leveraging off-the-shelf, allogeneic, multi-virus specific T-cells targeting devastating viral pathogens for immunocompromised patients under viral attack. The company was founded by Malcolm K. Brenner, Juan F. Vera, Helen E. Heslop, Cliona M. Rooney, John R. Wilson, and Ann M. Leen in August 2013 and is headquartered in Waltham, MA.

Kalaris and AlloVir Complete Merger to Advance Novel Anti-VEGF Therapy for Retinal Diseases

• Kalaris Therapeutics and AlloVir have finalized their merger, with the combined entity operating under the Kalaris name and trading on Nasdaq as KLRS, led by CEO Andrew Oxtoby. • The merged company has secured approximately $100 million in cash, providing financial runway into Q4 2026 to support the continued development of TH103, a novel anti-VEGF therapy for retinal diseases. • TH103, engineered by Dr. Napoleone Ferrara, aims to address limitations of current neovascular age-related macular degeneration treatments with initial Phase 1 data expected in the second half of 2025.
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