Traversa Secures $5M in Series B, Nears Close of Research Deals for Delivery Technology | GenomeWeb

Traversa Therapeutics this month closed a Series B round worth $5 million, RNAi News has learned.

The cash infusion, combined with an expected revenue stream related to the sale of research products incorporating the company's RNAi-delivery technology, is expected to give the firm enough cash to fund its planned operations through 2010, Traversa President and CEO Hans Petersen told RNAi News yesterday.

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