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Aerovate Therapeutics Inc
NASDAQ AVTE
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Aerovate Therapeutics Inc Long-Term Investments 5 year CAGR for the quarter ending September 19, 2024
Aerovate Therapeutics Inc Long-Term Investments 5 year CAGR is NA for the quarter ending September 19, 2024. Long-Term Investments are investments that are not expected to be converted into cash within one year. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
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NASDAQ: AVTE
| CEO | Mr. Timothy P. Noyes M.B.A. |
| IPO Date | June 30, 2021 |
| Location | United States |
| Headquarters | 930 Winter Street, Waltham, MA, United States, 02116 |
| Employees | 51 |
| Sector | Healthcare |
| Industry | Biotechnology |
Description
Aerovate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops drugs that enhance the lives of patients with rare cardiopulmonary diseases in the United States. It focuses on advancing AV-101, a dry powder inhaled formulation of imatinib for the treatment of pulmonary arterial hypertension, which is in Phase 2b/Phase 3 trial. The company was incorporated in 2018 and is headquartered in Waltham, Massachusetts.
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StockViz Staff
September 19, 2024
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