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Aridis Pharmaceuticals Priced, Nasdaq: ARDS

Developing immunotherapies for antibiotic-resistant infections.

Industry: Health Care

First Day Return: 0.0%

Industry: Health Care

We are a late-stage biopharmaceutical company focused on the discovery and development of targeted immunotherapy using fully human monoclonal antibodies to treat life-threatening infections. mAbs represent an innovative treatment approach that harnesses the human immune system to fight infections and are designed to overcome the deficiencies associated with current therapies, such as rise in drug resistance, short duration of response, negative impact on the human microbiome, and lack of differentiation among the treatment alternatives. The majority of our product candidates are derived by employing our differentiated antibody discovery platform called MabIgX. Our proprietary product pipeline is comprised of fully human mAbs targeting specific pathogens associated with life-threatening bacterial infections, primarily hospital-acquired pneumonia and ventilator-associated pneumonia. Two of our product candidates have exhibited promising preclinical data and clinical data are available from two completed studies. Our lead product candidate, AR-301, targets the alpha toxin produced by gram-positive bacteria Staphylococcus aureus, which is associated with HAP and VAP. We have conducted an end-of-Phase 2 meeting with the FDA, and expect to initiate a Phase 3 pivotal trial for AR-301 in the second half of 2018.
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Aridis Pharmaceuticals (ARDS) Performance