Dicerna Pharmaceuticals, Inc.
Dicerna Pharmaceuticals, Inc., is a biopharmaceutical company focused on the discovery and development of RNAi-based therapeutics for diseases involving the liver, including rare diseases, chronic liver diseases, cardiovascular diseases, and viral infectious diseases.
- July 30, 2013: Dicerna Pharmaceuticals, Inc. announced a private placement of 8,142,891 shares of Series C preferred stock at a price of $7 per share to (18) accredited investors for gross proceeds of $57,000,237.
- The investment was led by RA Capital Management, LLC., and included participation from Bain Public Capital, LLC, Deerfield Capital Management, LLC, and Omega Fund Management UK LLP, and existing investors Abingworth LLP, Domain Associates, L.L.C., Oxford Bioscience Partners, Skyline Ventures, and SR One.
Significance of the Transaction
The Series C financing permits the Company to expand its specialty contract manufacturing capabilities and broaden existing strategic partnerships with global generics manufacturers
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