BioCentury
ARTICLE | Financial News

Nucleonics raises $40.9 million

April 1, 2004 8:00 AM UTC

RNAi company Nucleonics (Malvern, Penn.) raised $40.9 million in a series B round led by New Enterprise Associates. Other investors included HealthCap; Burrill & Co.; Anthem Capital; POSCO BioVentures; and S.R. One. Nucleonics said it expects to receive the proceeds in three tranches based on milestones. James Barrett, general partner of NEA, and Per Samuelsson, a partner at HealthCap, joined Nucleonics' board. ...