Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 14 October 2021, 14:45 HKT/SGT
Share:
    

Source: Topelia Aust Pty Ltd
Topelia Australia launches US$25M Series A call for COVID-19 ATT Ziverdox
The company is raising USD$25 million from investors in Australia, Asia and USA.

SYDNEY, AU, Oct 14, 2021 - (ACN Newswire) - Topelia Australia, a biotech company established to commercialise a novel ATT treatment for Australians in quarantine, has launched an investment program designed to keep the invention Australian owned - while rolling out treatment to the world.

Prof Thomas Borody

- Topelia announces US$25 mil Series A capital raise to fund manufacture and clinical trials of the COVID-19 Antiviral Triple Therapy (ATT).
- Topelia has secured exclusive global patent rights to COVID-19 Antiviral Triple Therapy from Prof Thomas Borody.
- Borody's track record includes effective treatment for Peptic Ulcers & Crohn's Disease, recolonisation of bowel microbiome, and 3 FDA approved drugs on the market.
- Based on current research, the ATT provides an inexpensive and medically efficacious treatment for the prevention and early treatment of COVID-19.

The company is raising USD$25 million from investors in Australia, Asia and USA. The company said: "Topelia proposes to offer the ATT treatment alongside the current vaccination program to treat and vaccinate our way out of this pandemic. As Australia comes out of lockdowns and countries around the world experience spikes in cases, it is vital to fast-track the production of a safe early antiviral medical treatment kit.

The novel Antiviral Triple Therapy, to be branded as Ziverdox, comprises TGA-approved medications prescribed for decades with exceptional safety profiles. COVID-19 will be with us for some time so even vaccinated people with breakthrough Covid-19 infections can benefit from ATT to prevent long-COVID associated lung, brain and organ damage."

The company says it is pleased the Australian Government is supportive of early at-home treatments.
The Government has recently invested in an experimental early antiviral drug candidate which may be available early next year if the safety profile and clinical research allows for TGA approval.

Purpose of proposed Series A funding
The investment will finance:
- Preparation of a Literature-Based Submission to the TGA to gain approval;
- Clinical trials to prove efficacy of both treatment and prevention regimens;
- Sourcing of ATT components and manufacture of compliance enhancing packaging;
- Liaison with the TGA for marketing approval including TGA fees, consultant fees, scale-up of manufacturing and distribution costs;
- Following TGA approval, product launch costs for the ATT pack called Ziverdox.

About Topelia Aust Pty Ltd
Topelia Australia was founded based on the wealth of experience in commercialising the ground-breaking triple therapy cure for peptic ulcers which has saved over 18 thousand lives in Australia alone. This innovation has also saved the Australian Government more than $10 billion in medical costs associated with peptic ulcer surgery and hospitalisations. Professor Borody has more than 190 patents and applications, 3 FDA-approved drugs on the market, and more than 300 peer-reviewed papers published. Topelia Australia owns the patent rights to the novel Antiviral Triple Therapy. Visit https://TopeliaAustralia.com.

Media contact: Info@TopeliaAustralia.com
Investor contact: Investor@TopeliaAustralia.com


Topic: Investment
Source: Topelia Aust Pty Ltd

Sectors: Healthcare & Pharm, Clinical Trials
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
Chinabank Fully Transitions Into AI-powered Human Capital Management  
July 3, 2025 20:30 HKT/SGT
UOB Hong Kong becomes first Singapore-based bank to sign MOU with HKTDC  
July 3, 2025 16:29 HKT/SGT
Fujitsu to develop ETF trading platform based on TSE's CONNEQTOR and provide it to Australian Securities Exchange  
Thursday, July 3, 2025 10:14:00 AM
AI-Powered CX, Operational Efficiency, and Smarter Journeys Redefining Strategies Across UK Enterprises: Customer Experience Live Show UK 2025 Unveils Industry Priorities  
July 3, 2025 08:59 HKT/SGT
GFEAI 2025 Concludes Successfully: PM Paetongtarn Backs Human-Centric AI, AIGPC Emerges as Regional AI Ethics Hub  
July 2, 2025 22:20 HKT/SGT
Global Sports Brand U.S. Polo Assn. Launches in Brazil With Grupo Pasquini  
July 2, 2025 19:00 HKT/SGT
Baguio Awarded Marine Department Contract for Marine Cleansing in the Eastern Waters of Hong Kong for Approximately HK$150 million  
July 2, 2025 17:51 HKT/SGT
Ching Lee Holdings (3728.HK) Reports Solid and Resilient Annual Results  
July 2, 2025 16:58 HKT/SGT
TravelKon Launches Unlimited Europe eSIM Range to Keep Australians Connected over European Summer Getaway  
July 2, 2025 16:00 HKT/SGT
Mitsubishi Motors Launches the All-New Grandis for the European Market  
Wednesday, July 2, 2025 11:10:00 AM
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: