# Avidity Biosciences

**Source:** https://www.startuphub.ai/startups/avidity-biosciences
**Profile type:** Startup

> Clinical-stage biotechnology company developing Antibody Oligonucleotide Conjugates (AOCs) for serious diseases.

## About

Avidity Biosciences is developing a new class of targeted RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs). These AOCs combine monoclonal antibodies and oligonucleotides to deliver therapies to previously inaccessible tissues and target the underlying genetic drivers of diseases. The company is currently advancing programs for rare muscle diseases including myotonic dystrophy type 1, facioscapulohumeral muscular dystrophy, and Duchenne muscular dystrophy.

## Key facts

- **Slug:** avidity-biosciences
- **Website:** https://www.aviditybiosciences.com
- **Location:** San Diego, United States
- **Founded:** 2013-01-01
- **Employees:** 445
- **Operating status:** Active
- **Total funding:** $495M
- **Sectors / tags:** Biotech, Drug Discovery, Genomics, Clinical Trials, Rare Diseases, Oligonucleotide Therapeutics, Antibody-Drug Conjugates, RNA Therapeutics, Precision Medicine, Antibody Oligonucleotide Conjugates, Gene Therapy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/avidity-biosciences-llc

## Frequently asked

### What does Avidity Biosciences do?

Avidity Biosciences is developing a new class of targeted RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs). These AOCs combine monoclonal antibodies and oligonucleotides to deliver therapies to previously inaccessible tissues and target the underlying genetic drivers of diseases. The company is currently advancing programs for rare muscle diseases including myotonic dystrophy type 1, facioscapulohumeral muscular dystrophy, and Duchenne muscular dystrophy.

### What is Avidity Biosciences's revenue?

StartupHub estimates Avidity Biosciences's annual revenue at $71.4M (range $42.4M to $166.5M, 64% confidence), based on comparable companies in the sector.

### What is Avidity Biosciences's valuation?

StartupHub estimates Avidity Biosciences's effective valuation at $1.9B (range $1.2B to $3.0B, 10% confidence), based on comparable companies in the sector.

### How much funding has Avidity Biosciences raised?

Avidity Biosciences has raised a total of $495M in funding. The most recent round on record is IPO.

### Where is Avidity Biosciences headquartered?

Avidity Biosciences is headquartered in San Diego, United States.

### When was Avidity Biosciences founded?

Avidity Biosciences was founded in 2013.

### What industry does Avidity Biosciences operate in?

Avidity Biosciences operates in Biotech, Drug Discovery, Genomics, Clinical Trials, Rare Diseases, Oligonucleotide Therapeutics.

### How many employees does Avidity Biosciences have?

Avidity Biosciences has approximately 445 people on record.

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