ProNAi Closes $6.65M Financing to Support DNAi Drug Development | GenomeWeb
NEW YORK (GenomeWeb News) - ProNAi Therapeutics has secured $6.65 million in bridge funding from several financing sources, the company said today.
 
The Kalamazoo, Mich.-based startup uses DNA interference to develop drugs aimed at treating non-Hodgkin's lymphoma and prostate, breast, and colon cancers.
 
The company said it will use the funding to continue development of its lead drug candidate, PNT-100. ProNAi said it hopes to submit the compound to the FDA as an investigational new drug in mid-2007.

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