| Founded | 2014 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Biotech |
| Total raised | 800 |
| Collapse type | Sudden Collapse |
| Founder | Jean-Pierre Sommadossi |
Atea Pharmaceuticals
"Roche paid $800M upfront for a COVID antiviral that failed Phase 3 — then asked for the money back"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Atea raised massive capital on the promise of AT-527, a COVID oral antiviral that competed with Pfizer's Paxlovid.
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