ARTICLE | Financial News
Nucleonics raises $40.9 million
April 1, 2004 8:00 AM UTC
RNAi company Nucleonics (Malvern, Penn.) raised $40.9 million in a series B round led by New Enterprise Associates. Other investors included HealthCap; Burrill & Co.; Anthem Capital; POSCO BioVentures; and S.R. One. Nucleonics said it expects to receive the proceeds in three tranches based on milestones. James Barrett, general partner of NEA, and Per Samuelsson, a partner at HealthCap, joined Nucleonics' board. ...