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Avalo Therapeutics Reports First Quarter 2026 Financial Results and Recent Business Updates

Achieved positive topline results in Phase 2 LOTUS trial of abdakibart in moderate to severe hidradenitis suppurativa (HS) and plan to advance into a registrational phase 3 programCompleted public offering of equity securities for gross proceeds of $431.3 million Cash, cash equivalents, and short-term investments of $82 million as of March 31, 2026, not including the subsequent financing WAYNE, Pa., May 13, 2026 (GLOBE NEWSWIRE) -- Avalo Therapeutics, Inc. (Nasdaq: AVTX) (“Avalo”), a clinical st

articleAvalo Therapeutics, Inc.May 13, 202612/company/avalo-therapeutics-inc/news/avalo-therapeutics-reports-first-quarter-2026-financial-results-and-recent-business-updates
Avalo Therapeutics Reports First Quarter 2026 Financial Results and Recent Business Updates

About this update from Avalo Therapeutics, Inc.

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