Adagio adds $336M for pivotal tests of drug with potential to beat Covid variants

Tillman Gerngross, Adagio Therapeutics

Antibody therapies are seen as one way to overcome the variants that continue to fuel the pandemic. With its Series C financing, Adagio Therapeutics, led by CEO Tillman Gerngross, will proceed with a pivotal clinical trial of an antibody that has neutralized SARS-CoV-2 variants in lab and animal tests.