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AVTXNASDAQMarket openCloses 4:00pm ET

Avalo Therapeutics, Inc.

$15.17Last updated
+$0.09 (0.60%)Past day
Timezone

Avalo Therapeutics, Inc. (NASDAQ: AVTX) is trading at $15.17, about ₹1,457 at today's USD/INR rate, as of 29 Sep 2026, 2:55 PM ET, up 0.60% today. Indian residents can buy Avalo Therapeutics from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$15.16
Previous close:$15.08
Volume:713.26K

Today's low

$14.74

Today's high

$15.37

52 week low

$12.41

52 week high

$24.27

AVTX opened at $15.16, closed previously at $15.08, and has traded between $12.41 and $24.27 over the past 52 weeks.

About

Avalo Therapeutics, Inc. is a precision medicine company in the clinical development phase, dedicated to identifying, advancing, and marketing specialized treatments for patients experiencing critical unmet medical needs across the fields of immunology, immuno-oncology, and rare genetic disorders. Among its key pipeline assets is AVTX-002, a fully human monoclonal antibody designed to inhibit LIGHT. This drug is currently undergoing Phase II clinical trials for non-eosinophilic asthma and inflammatory bowel diseases, specifically moderate to severe Crohn's disease and ulcerative colitis. Furthermore, AVTX-002 is also being investigated in Phase III for its potential to treat acute respiratory distress syndrome caused by COVID-19. The company is also advancing AVTX-007, a fully human monoclonal antibody targeting IL-18, which is progressing through Phase I clinical studies for Still's disease, encompassing both adult-onset Still's disease and systemic juvenile idiopathic arthritis. Avalo's late-stage pipeline includes two products addressing rare genetic conditions, both in Phase III clinical trials: AVTX-801, a D-galactose substrate replacement therapy for phosphoglucomutase 1 deficiency (PGM1), also known as PGM1-CDG; and AVTX-803, an L-fucose substrate replacement therapy intended for LADII, medically referred to as SLC35C1-CDG. Established in 2011, the corporation initially operated as Cerecor Inc. before rebranding as Avalo Therapeutics, Inc. in August 2021. Its main operations are situated in Rockville, Maryland.

Country
US
CEO
Garry A. Neil
Exchange listed on
NASDAQ
Industry
Biotechnology
Base currency
USD
Full Time Employees
33
Sector
Healthcare
IPO date
14/10/2015

Key statistics

Avg. volume

1.27M

Market cap

$797.42M

P/E Ratio

-3.20

Price-to-sales ratio

13515.60

Enterprise value

$230.00M

Free cash flow yield

-21.14%

Debt-to-equity ratio

0.00

Return on equity

-94.23%

ROIC

-70.18%

Beta

0.79

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$59.00K

Earnings per share

-$5.84

Free cash flow

-$51.46M

Net profit margin

-170055.93%

Gross margin

-16861.02%

EBITDA

-$77.75M

Revenue growth

-86.62%

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This is not an investment recommendation

How to buy Avalo Therapeutics from India

Indian residents can buy Avalo Therapeutics shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Avalo Therapeutics and place an order

    Find Avalo Therapeutics by name or by its ticker, AVTX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Avalo Therapeutics trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Avalo Therapeutics position in USD and INR. Avalo Therapeutics pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Avalo Therapeutics from India

Trading and taxes when buying Avalo Therapeutics from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneAvalo Therapeutics does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Avalo Therapeutics stock?

Yes. Avalo Therapeutics (AVTX) has been listed on NASDAQ since 2015, in the Biotechnology industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Avalo Therapeutics share cost in rupees?

One Avalo Therapeutics share is $15.17 — about ₹1,457 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Avalo Therapeutics price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Avalo Therapeutics from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Avalo Therapeutics?

Yes. One Avalo Therapeutics share is $15.17, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Avalo Therapeutics.

How are gains on Avalo Therapeutics shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Avalo Therapeutics price. Paasa issues a capital-gains statement for your return.

Does Avalo Therapeutics pay a dividend?

No. Avalo Therapeutics does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Avalo Therapeutics from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Avalo Therapeutics shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Avalo Therapeutics shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Avalo Therapeutics holding, its cost and its closing value.

How do I sell Avalo Therapeutics and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.