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InnoRNA Raises $120 Million in B Round for mRNA Candidates

publication date: Mar 30, 2022

Shenzhen InnoRNA raised $120 million in a Series B funding to develop its mRNA candidates that include vaccines for preventing rare and infectious diseases along with therapeutic mRNA products. Founded in 2019 by Linxian Li, InnoRNA uses its lipid nanoparticle formulation technology as a carrier vehicle to protect mRNA from degradation and provide intracellular delivery of the mRNA. Dr. Li is an expert in LNP. The round was led by CDH Investments and Huaxing Healthcare Fund and joined by existing investors CPE and Fangyuan Capital. More details....

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