Skip to main content
Premium Trial:

Request an Annual Quote

MicroRNA Start-up Rosetta Genomics Closes $4M Private Equity Round

NEW YORK, March 28 (GenomeWeb News) - Israeli microRNAi-technology start-up Rosetta Genomics has closed a $4-million financing round recently, according to a news report.


Rosetta has developed a way to discover microRNA genes, and hopes to begin generating revenue in 2006, according to Globes Online. The current financing round will help the company expand its IP estate and pay for clinical trials on animals for the miniature molecules it has developed.


The round, Rosetta's third, was led by Kadima High Tech. Other investors included Israeli drug maker Teva Pharmaceuticals; Leon Recanati; GlenRock Israel; VCON Chairman and CEO Yair Shamir; Agis chairman Moshe Arkin; Uzia Galil; Yoav Chelouche of the Fantine Group; Nathan Hod, former CEO of DSP Communications; Mordechai Segal, cofounder of Libit Signal Processing; Ami Lidor of Lidor Chemicals; Moshe Many, former president of Tel Aviv University, and chairman of Teva's R&D committee; Michael Sela, Israel Prize laureate and former president of the Weizmann Institute of Science; First International Bank of Israel Chairman Joshua Rosensweig; Ehud Arad of the law firm Bach, Arad, Scharf, & Co.; and investor Michael Davis.

The Scan

Study Reveals New Details About Genetics of Major Cause of Female Infertility

Researchers in Nature Medicine conducted a whole-exome sequencing study of mote than a thousand patients with premature ovarian insufficiency.

Circulating Tumor DNA Shows Potential as Biomarker in Rare Childhood Cancer

A study in the Journal of Clinical Oncology has found that circulating tumor DNA levels in rhabdomyosarcoma may serve as a biomarker for prognosis.

Study Recommends Cancer Screening for Dogs Beginning Age Seven, Depending on Breed

PetDx researchers report in PLOS One that annual cancer screening for dogs should begin by age seven.

White-Tailed Deer Harbor SARS-CoV-2 Variants No Longer Infecting Humans, Study Finds

A new study in PNAS has found that white-tailed deer could act as a reservoir of SARS-CoV-2 variants no longer found among humans.