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Ribo Life Science Closes $40 Million E1 Round for RNA Products

publication date: Jul 29, 2022

Suzhou Ribo Life Science closed a $40 million Series E1 to support global development of its RNA programs. Established in 2007, Ribo focuses on China development of oligonucleotide therapeutics including siRNA, antisense and aptamer drugs based on proprietary intellectual properties. The company has eight products in development, including lead assets for hepatitis B and non-arteritic anterior ischemic optic neuropathy (NAION). It uses conjugated N-acetylgalactosamine (GalNAc) for delivery of many of its products. The E1 financing was backed by Panlin Capital, Trinity Innovation Fund and other investors. More details...,

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