Rubius snags $120m for red blood cell therapeutics

Rubius Therapeutics, a biotech engineering red blood cells as drug carriers, said today that it raised $120 million in an oversubscribed private financing round.
The Cambridge, Mass.-based company plans to use its newly-acquired funds to support its Red-Cell Therapeutics portfolio and prepare for human clinical trials in 2018.
Get the full story at our sister site, Drug Delivery Business News.
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Source: Mass Device - June 21, 2017 Category: Medical Devices Authors: Sarah Faulkner Tags: Biotech Clinical Trials Funding Roundup Oncology Pharmaceuticals Research & Development rubiustherapeutics Source Type: news