HomeFinTechBiorchestra: Raises $45M in Series C Funding

Biorchestra: Raises $45M in Series C Funding

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Biorchestra Raises $45M in Series C Funding

  • 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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