Rongkuan Frank Hu, Starna Therapeutics CEO

Star­na Ther­a­peu­tics emerges with fi­nanc­ing for mR­NA vac­cine and ther­a­pies

Star­na Ther­a­peu­tics has emerged with 150 mil­lion Yuan, or about $24 mil­lion, in Se­ries A fi­nanc­ing to take on two dif­fi­cult ar­eas in biotech R&D: RSV and id­io­path­ic pul­monary fi­bro­sis.

The Suzhou, Chi­na-based biotech se­cured the funds to move an mR­NA vac­cine for RSV in­to the clin­ic next year and a ther­a­peu­tic for IPF some­time af­ter that, CEO Rongkuan Frank Hu told End­points News. Hu was pre­vi­ous­ly a gen­er­al man­ag­er at RNA tech and ser­vices biotech GenePhar­ma and, be­fore that, a post­doc at UT South­west­ern Med­ical Cen­ter. His co-founder is Qiang Cheng, a PI at Peking Uni­ver­si­ty, he said.

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