ADARx bags USD 75 Million to advance its RNA tech pipeline
ADARx Pharmaceuticals, a biotechnology company developing RNA targeting therapeutics, announced the completion of a USD 75 million Series B financing to progress its drug development pipeline. SR One Capital Management and OrbiMed Advisors co-led Series B. Sirona Capital united this financing as well as existing investors OrbiMed Advisors and Lilly Asia Ventures.
Simeon George, M.D., CEO of SR One, said that the ADARx team focuses on expeditiously translating their insights around RNA biology into novel medicines to benefit patients. The team has made tremendous progress in advancing its unique, multi-fa...