Hatfield Pennsylvania based Code Biotherapeutics is raising $74,999,971.00 in New Equity Investment.
Hatfield, PA – According to filings with the U.S. Securities and Exchange Commission, Code Biotherapeutics is raising $74,999,971.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Brian Mcveigh played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Code Biotherapeutics
Code Bio was founded on the belief that more can be done for people living with debilitating genetic diseases. We are driven by the potential of our transformative technology to treat the untreatable and cure the incurable. Code Bio is developing highly targeted genetic medicines with its proprietary, novel, multivalent, synthetic DNA delivery platform, 3DNA, which has been engineered to overcome many of the challenges inherent with the delivery of genetic medicines. 3DNA offers unparalleled tissue and cell targeting specificity, improved bioavailability, capability to deliver large genetic payloads, potential ability to re-dose, and a scalable, modular, reproducible manufacturing process. Our 3DNA delivery platform is poised to transform the field of genetic medicines, enabling targeted delivery of gene therapy, RNAi and other genetic modalities. Currently we are advancing an internal pipeline of genetic medicines focused on select diseases without a cure (Duchennes Muscular Dystrophy and Type 1 Diabetes), as well as establishing partnerships to take forward programs in both rare and prevalent diseases.
To learn more about Code Biotherapeutics, visit http://www.codebiotx.com/
Contact:
Brian Mcveigh, Chief Executive Officer
215-996-3006
https://www.linkedin.com/in/brian-mcveigh-6562555/
SOURCE: http://www.intelligence360.io
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