Colorado-based MicroRNA upstart MiRagen Therapeutics just raised $8.5 million of a potential $20 million round, according to a regulatory filing. Its miRNA drugs are focused on correcting a number of cardiovascular, blood malignancies and fibrosis.
This form of RNA helps regulate gene expression – so modified miRNAs can help diseases change their course of pathology. For instance, a recent study with Yale University found its miRNA therapeutics could reverse pulmonary fibrosis in mouse models.
“The mimic, when injected into the blood, goes to the lung and it has a sustained effect. We are very impressed that it can reverse fibrosis, not only prevent it,” Yale researcher Naftali Kaminski said in a statement.
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The company’s most recent fundraise was last June when it raised $7 million. The company didn’t respond to calls about how this most recent funding round will be used.