Kunshan RiboQuark Raises $7.5 Million For siRNA Projects

Published: Jan 10, 2014

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by Richard Daverman, PhD

January 10, 2014 -- Kunshan RiboQuark Pharma, a siRNA joint venture formed by Suzhou Ribo Life Science and Quark Pharma of California, raised almost 45 million RMB ($7.5 million) in a series A round. The financing was led by BVCF, formerly known as BioVeda China. RiboQuark will use the money to further clinical development of QPI-1007, a siRNA ocular neuroprotectant developed by Quark for which the JV owns China rights. More details....

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