Regulus Therapeutics Receives $20 Million in a Series a Equity Financing.

Biotech Week | March 18, 2009 | Copyright

Regulus Therapeutics Inc., Alnylam Pharmaceuticals, Inc. (Nasdaq:ALNY) and Isis Pharmaceuticals, Inc. (Nasdaq:ISIS) announced that Regulus has raised $20 million in a Series A preferred equity financing that further strengthens its balance sheet. Alnylam and Isis were the sole and equal investors in the financing. Regulus was established in September of 2007 by Alnylam and Isis to focus on the discovery, development, and commercialization of microRNA-based therapeutics. Regulus also announced that the company has completed a legal reorganization from an LLC to a C-Corporation ...

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