Robert Habib (Credit: Imperial College London)

Mi­NA Ther­a­peu­tics bags near­ly $30M Se­ries A to push ac­ti­vat­ing mR­NA tech through the clin­ic

Sev­en years af­ter leav­ing in­vest­ment bank­ing to take the helm at Mi­NA Ther­a­peu­tics, CEO Robert Habib is on a mis­sion to de­vel­op a “new class of med­i­cines” us­ing small ac­ti­vat­ing mR­NA tech­nol­o­gy. And on Thurs­day, the Lon­don-based biotech an­nounced it land­ed a mod­est £23 mil­lion (near­ly $30 mil­lion) Se­ries A to work with.

Habib’s fa­ther, the promi­nent Im­pe­r­i­al Col­lege Lon­don pro­fes­sor Nagy Habib, co-found­ed Mi­NA in 2008. The com­pa­ny’s lead mR­NA pro­gram is de­signed to “switch genes on,” and po­ten­tial­ly help treat what the CEO called “the un­drug­gable”: dif­fi­cult-to-treat dis­eases, start­ing with liv­er can­cer.

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Cambridge, MA, USA