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Cequent Receives $6 Million Series A

Monday, December 18, 2006 8:30:00 AM PDT | VentureDeal Staff

CAMBRIDGE, MA  --  Cequent Pharmaceuticals today announced the closing of a $6 million series A round of financing.

The company licensed technology from the Beth Israel Deaconess Medical Center & Harvard Medical School which allows for RNAi-based treatments to be carried by bacteria into targeted areas deep within the human body, without surgery.

Cequent is in pre-clinical stage and is focusing its efforts on gastrointestinal diseases, including familial polyposis, inflammatory bowel disease and colon cancer.

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