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Icosavax Raises $100m To Take RSV, COVID-19 Vaccines Into The Clinic

Platform Enables Vaccines Based On Non-Naturally Occurring VLPs

 
• By Mandy Jackson

The company doubled its series A total of $51m to not only test its coronavirus and RSV candidates, but to also advance a vaccine targeting both RSV and hMPV for pneumonia prevention in elderly adults.

Vaccine vial dose
Icosavax's first vaccines aim to prevent COVID-19 and pneumonia • Source: Shutterstock

Icosavax, Inc. advanced its virus-like particle (VLP) technology platform for the creation of novel vaccines that prevent respiratory diseases and scaled up manufacturing to support clinical trials with $51m in series A venture capital it raised in 2019. The company also developed a candidate for the prevention of COVID-19, which received $16.5m in early funding commitments late last year, and now it has raised a $100m series B round to take its vaccine against SARS-CoV-2 and its other lead vaccine candidate for respiratory syncytial virus (RSV) into clinical trials in 2021.

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