InVixa announces licensing deal with University of California, Davis for the commercialization of novel inhaled statins for the treatment of COVID-19
Davis, California, USA – InVixa Inc (‘InVixa’),a biopharmaceutical start-up developing inhaled statins to treat COVID-19, announced today an exclusive licensing deal with the University of California, Davis, a leading US academic and medical institution. COVID-19 caused by infection with SARS-CoV-2, typically manifests as severe lung disease that can progress to acute respiratory failure. This deal provides InVixa with the rights to the intellectual property in order to commercialize inhaled statins for the treatment of COVID-19 and other viral-based respiratory diseases. Financials were not disclosed.