AbbVie-Backed ADARx Plans IPO to Fund Complement siRNA Trials
AbbVie-backed ADARx plans an IPO to bankroll its complement-focused siRNA pipeline, including ongoing phase 2 studies of agazisiran across multiple complement-mediated diseases and plans to fund further phase 3 work if results support it. Proceeds are also expected to continue onvuzosiran in phase 3 for hereditary angioedema and support stroke-related trials, while remaining funds move ADX-077 and ADX-199 into the clinic next year per an SEC filing.