Biorchestra, a Daejeon, South Korea, and Cambridge, Massachusetts, USA-based RNA therapeutics company, raised $45M in Series C funding
The company intends to use the funds to support the expansion of research and development activities and product pipeline, completion of GMP facility
The company is an innovative biotech developing ribonucleic acid (RNA) based therapeutics
The BMD is a therapeutic agent development platform that can control microRNAs that regulate multiple messenger RNAs (mRNAs) involved in pathological factors related to diseases
The company has developed proprietary drug delivery system (BDDS™) for commercial drug development
Delivering the ASO via intravenous injection route, they observed target microRNA knock-down efficacy not only in cortex but also deep brain such as hippocampus even striatum and spinal cord as well
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BIORCHESTRA: RAISES $45M IN SERIES C FUNDING
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Biorchestra is a South Korea-based biotechnology company that develops and commercializes RNA therapies for the treatment of neurodegenerative and inflammatory diseases.