New Prime Editing System Inserts Entire Genes in Human Cells globalgenes.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalgenes.org Daily Mail and Mail on Sunday newspapers.
Emerging from Stealth Mode, Gene Editing Startup Prime Medicine Raises $315M
July 14, 2021
Source: CIPhotos/Getty Images
Prime Medicine, whose “search and replace” approach to gene editing underpins the second genome editing technology to be commercialized by the lab of David R. Liu, Ph.D., and colleagues, said today it has completed $315 million in financing, ending nearly a year of operation in stealth mode.
The financing consists of a $115 million Series A round and a $200 million series B round. Prime said proceeds from the financing will be used to continue building the company, rapidly advance towards clinical indications for its gene editing therapy candidates, and expand the capabilities of its platform.
Prime Time for Prime Medicine: Gene Editing Startup Raises $315M genengnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from genengnews.com Daily Mail and Mail on Sunday newspapers.