Atea Pharmaceuticals, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jean-Pierre Sommadossi
- Full Time Employees
- 56
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 125 Summer Street Boston MA United States of America 02110
- IPO Date
- Oct 30, 2020
- CIK
- 0001593899
- Website
- ateapharma.com
- Similar Companies
- Business
- Atea Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical organization dedicated to the discovery, development, and commercialization of oral antiviral treatments for individuals facing severe viral infections. Leveraging a proprietary nucleos(t)ide prodrug platform, the company strategically advances novel therapeutic candidates, particularly targeting single-stranded ribonucleic acid (ssRNA) viruses, which are known causes of serious viral diseases. Currently, Atea’s primary focus centers on the advancement of a combination regimen of bemnifosbuvir, a nucleotide analog polymerase inhibitor, and ruzasvir, an NS5A inhibitor, for the treatment of hepatitis C virus (HCV). This regimen is progressing through a global Phase 3 development program, following positive Phase 2 results that demonstrated a 98% sustained virologic response at 12 weeks post-treatment with an eight-week duration. Atea secured exclusive worldwide rights to ruzasvir through a licensing agreement with Merck & Co. The company also maintains development efforts for bemnifosbuvir in the context of COVID-19, with a global Phase 3 trial (SUNRISE-3) having been initiated for high-risk non-hospitalized patients. Additionally, Atea has recently expanded its pipeline with a new development program targeting hepatitis E virus (HEV), specifically for immunocompromised patients. Earlier programs, such as AT-752 for dengue, were deprioritized in February 2023 to concentrate resources on the COVID-19 and HCV initiatives due to anticipated extensive clinical timelines and associated costs. Established in 2012, Atea Pharmaceuticals, Inc. is headquartered in Boston, Massachusetts.
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