Financings Roundup
Moderna Makes Entrance with $40M Round for mRNA Work
By Catherine Shaffer
Staff Writer
Staff Writer
Wednesday, December 5, 2012
Moderna Therapeutics emerged from stealth mode with a $40 million financing led by Flagship Ventures and a consortium of private investors. Moderna is developing a platform technology for delivery of messenger RNA (mRNA) to stimulate production of therapeutic proteins in the cells.
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