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Drug Resistance

DNA Therapeutics Closes 2.2 Million EUR Series a Financing Round

Published in Cancer Weekly, February 10th, 2009

DNA Therapeutics, an emerging biopharmaceutical company specialized in the development of innovat0ive medicines in oncology, announces the successful closing of its Series A equity investment round. The investor syndicate led by SGAM SEFTI with two of the previous seed investors, Blue Medical Investments and G1J-Ile de France, is committed to invest 2.2 million EUR based on certain milestones to be met. Since June 2008, DNA Therapeutics has raised 3 million EUR (US$4 million) through the current Series A and the previous seed financing round led by Inserm-Transfert Initiative.

The funds will enable DNA Therapeutics to advance the vectorization and the additional proofs...

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