Dicerna Pharmaceuticals Awarded $488,958 in Federal Grant Funding for Qualifying Therapeutic Discovery Project  
11/3/2010 11:32:15 AM

WATERTOWN, Mass.--(BUSINESS WIRE)--Dicerna Pharmaceuticals, Inc. (Dicerna), a second generation RNA interference (RNAi) company developing novel therapeutics utilizing its proprietary Dicer Substrate Technologyâ„¢ and Dicer Substrate siRNA (DsiRNA) molecules, today announced that the company was awarded two grants totaling $488,958 from the Qualifying Therapeutic Discovery Project (QTDP) Program. The QTDP tax credit is provided under the new section 48D of the Internal Revenue Code, enacted as part of the Patient Protection and Affordable Care Act of 2010.