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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