
Cancer therapeutics company ProNAi could raise $12 million
ProNAi uses gene silencing focused on DNA to attack a gene that helps tumor cells survive. In September the company launched a Phase I study on its treatment PNT2258, which will run through next year. The funding is likely to pay for this trial and others. ProNAi Chief Operating Officer Robert Forgey said in September the company had raised nearly $1 million to pay for the trial.