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Orbital raises $270 million to develop gene-based drugs and vaccines

Por: The Boston Globe Business April 26, 2023

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Orbital Therapeutics, a new Cambridge-based startup that boasts some of the most familiar names in biotechnology, said Wednesday that it has raised $270 million in the company’s first fund-raising round, despite the deep slump in the business sector.Orbital plans to use the money to develop medicines and vaccines that rely on RNA molecules, which deliver instructions from DNA to the body’s protein-making machinery and help to turn genes off... + full article



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