Traversa Therapeutics, a spinout of the University of California, San Diego, said this week that it has closed a $2 million Series A round of venture capital financing to further develop its RNA interference-delivery technology.
 
A company official said Traversa will use the cash to ramp up manufacturing of the technology as a drug-screening tool — an application with modest market potential that Traversa hopes will pave the way to the more lucrative RNAi-based therapeutics space.
 

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In Science this week: International Wheat Genome Sequencing Consortium publishes the bread wheat cultivar Chinese Spring reference genome, and more.

At his FDA Law Blog, Jeffrey Gibbs discusses FDA's technical assistance for the draft Diagnostic Accuracy and Innovation Act.

The New York Times reports that genetic testing has uncovered unfaithful penguins at a Utah aquarium.

Cancer researcher loses funding under new Wellcome Trust anti-bullying policies, the Guardian reports.