A biotechnology company has announced financing news. Decoy Therapeutics, Inc. is set to receive up to $21 million in private placement financing.

The company is involved in the development of a new category of antivirals. These antivirals are engineered to target shared viral mechanisms. Further details about the financing and the company's work are available from the source, including information about their Designable Multi-Antivirals, or D-MAVs.