Aravax is a clinical stage biotechnology company focused on revolutionising the treatment of food allergies with next-generation specific immunotherapies which are safe, effective and convenient. Aravax applies proprietary technology and know-how to design highly targeted pharmacotherapies which reset the immune system to tolerate a specific allergen without evoking allergic reactions during treatment. The lead product, PVX108, is being developed for the treatment of peanut allergy.
Instead of using whole peanut allergens to train the immune system, which is the case with most peanut allergy treatments in clinical development, Aravax has identified the key fragments of the allergen which are critical for immune recognition and memory. Aravax has engineered peptides representing these fragments as the drug candidate PVX108, which mimics presentation of the allergen to specific T cells in a non-inflammatory context to induce tolerance. An intradermal injection of these peptides in the absence of whole protein allergens is designed to reprogram allergy-causing immune cells to become tolerant to the allergen. Precisely targeting the underlying cause of disease, it provides potential for sustained treatment effect. The peptides are designed to be incapable of activating mast cells and basophils, the cells that mediate severe reactions (including anaphylaxis), thus substantially reducing the risk of these reactions during treatment.
Phase I longitudinal immunology data gathered one-year post treatment shows evidence PVX108 may have positive long-term effects. Data suggested that peanut-allergic subjects who had received active PVX108 therapy had developed clinically relevant changes in their immune response to peanut protein. These included changes in peanut-specific cellular responses, peanut-specific antibodies (immunoglobulins), and also downstream tissue reactivity to peanut evaluated by skin-prick testing. Aravax previously reported Phase 1 trial results demonstrating that PVX108 has an excellent safety profile in peanut-allergic subjects with prior anaphylaxis and current asthma.
Aravax is headquartered in Melbourne, Australia.
www.aravax.com.au
Instead of using whole peanut allergens to train the immune system, which is the case with most peanut allergy treatments in clinical development, Aravax has identified the key fragments of the allergen which are critical for immune recognition and memory. Aravax has engineered peptides representing these fragments as the drug candidate PVX108, which mimics presentation of the allergen to specific T cells in a non-inflammatory context to induce tolerance. An intradermal injection of these peptides in the absence of whole protein allergens is designed to reprogram allergy-causing immune cells to become tolerant to the allergen. Precisely targeting the underlying cause of disease, it provides potential for sustained treatment effect. The peptides are designed to be incapable of activating mast cells and basophils, the cells that mediate severe reactions (including anaphylaxis), thus substantially reducing the risk of these reactions during treatment.
Phase I longitudinal immunology data gathered one-year post treatment shows evidence PVX108 may have positive long-term effects. Data suggested that peanut-allergic subjects who had received active PVX108 therapy had developed clinically relevant changes in their immune response to peanut protein. These included changes in peanut-specific cellular responses, peanut-specific antibodies (immunoglobulins), and also downstream tissue reactivity to peanut evaluated by skin-prick testing. Aravax previously reported Phase 1 trial results demonstrating that PVX108 has an excellent safety profile in peanut-allergic subjects with prior anaphylaxis and current asthma.
Aravax is headquartered in Melbourne, Australia.
www.aravax.com.au
Location: Australia, Victoria, Melbourne
Total raised: $62M
Investors 3
Date | Name | Website |
- | Brandon Ca... | brandoncap... |
- | Tenmile | tenmile.co... |
03.02.2024 | Breakthrou... | breakthrou... |
Funding Rounds 2
Date | Series | Amount | Investors |
23.01.2024 | - | $42M | - |
20.12.2022 | Series B | $20M | Brandon Ca... |
Mentions in press and media 8
Date | Title | Description |
23.01.2024 | 23 Jan 2024: Aravax closes Series B round with US$42m to accelerate Phase 2 development for peanut allergy therapy | Aravax, a clinical stage biotechnology company developing the first rationally designed and precisely targeted immunotherapeutic for peanut allergy (PVX108), today announces it has closed its Series B funding round with a total of US$42.2m.... |
01.06.2023 | Aravax doses first patient in Phase 2 peanut allergy clinical trials | MELBOURNE, Australia, June 1, 2023 /PRNewswire/ -- The first patient has been dosed in a Phase 2 study (AVX-201) being run by biotechnology company Aravax, which is developing the novel therapy PVX108 for the safe and convenient treatment o... |
20.12.2022 | Aravax commences Phase 2 development for peanut allergy therapy with $20m commitment to Series B round from Brandon Capital and Tenmile | Aravax, a clinical stage biotechnology company developing the first safe, convenient, and precisely targeted immunotherapeutic for peanut allergy (PVX108), today announces it has commenced its series B funding round with an investment of US... |
06.05.2022 | Aravax appoints Dr Brett Haumann to Board of Directors | MELBOURNE, Australia, May 6, 2022 /PRNewswire/ -- Aravax, a clinical stage biotechnology company focused on developing the most advanced novel therapy for peanut allergy, which is designed to be safe, effective, and convenient, today announ... |
04.03.2022 | Aravax Pty Ltd announces opening of IND for Phase 2 clinical trials of PVX108, a next-generation immunotherapy for the treatment of peanut allergy | Aravax, a clinical stage biotechnology company focused on developing the first therapy for peanut allergy which is designed to be safe, effective and convenient, today announces that it has received a green light for its Investigational New... |
04.03.2022 | Aravax Pty Ltd announces opening of IND for Phase 2 clinical trials of PVX108, a next-generation immunotherapy for the treatment of peanut allergy | Phase 2 study of PVX108 to commence in United States and Australia Dr Robert A. Wood, professor of pediatrics at the Johns Hopkins University School of Medicine, joins Scientific Advisory Board MELBOURNE, Australia, March 4, 2022 /PRNewswir... |
01.11.2020 | Aravax appoints Financial Executive Thomas Ulmer to Board of Directors | Aravax, a clinical stage biotechnology company focused on developing the first safe and rapidly effective treatment for peanut allergy, announced today the appointment of Thomas Ulmer to the Board of Directors. Mr. Ulmer was previously the ... |
- | Aravax | “Aravax” |