Learn­ing from oth­er­s' mis­takes, low-pro­file mi­croR­NA biotech looks to prove it­self in the clin­ic

The same year that Al­ny­lam and Isis — long be­fore it was re­named Io­n­is — spun out their mi­croR­NA re­search in­to Reg­u­lus Ther­a­peu­tics, an on­col­o­gy-fo­cused VC in Eu­rope qui­et­ly birthed its own biotech start­up to pur­sue its own col­lec­tion of these mol­e­cules.

Reg­u­lus, which went pub­lic in 2012, has seen its ups and downs over the en­su­ing 13 years. Utrecht, Nether­lands-based In­teR­NA, though, says it’s just get­ting start­ed with an ex­tend­ed Se­ries B round to­talling $22.4 mil­lion.

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