Mirna Therapeutics this week announced that it has closed a Series C round of financing, raising $34.5 million in what is the microRNA therapeutics field's biggest single round of private investment.

According to Mirna's top official, the cash infusion will give the firm resources enough to advance its lead drug candidate, the liver cancer treatment MRX34, through phase II testing — a key inflection point as these trials are expected to yield solid proof-of-concept data.

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