By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    healthcare cybersecurity
    4 Helpful Tips on How to Protect Your Medical Practice Against Cyber Attacks
    October 24, 2021
    Health Check Diagnosis Medical Condition Analysis Concept
    6 Health Woes With Online Remedies
    January 19, 2022
    Eight Things Men Should Know About the Male Menopause
    Eight Things Men Should Know About the Male Menopause
    April 24, 2022
    Latest News
    Beyond Nutrition: Everyday Foods That Support Whole-Body Health
    June 15, 2025
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Does Insurance Cover the Cost of Therapy?
    June 14, 2022
    mental health loss loved one
    Covering Your Own Medical Issues After Losing a Loved One
    July 21, 2024
    healthcare SaaS
    Venture Capital Trends for Healthcare SaaS Platforms
    May 24, 2024
    Latest News
    Cigarette Makers Sue the FDA Over New Labeling Rules
    July 8, 2025
    End-Use Verification: Simple but Potentially Powerful
    July 8, 2025
    How Much do Financial Incentives Matter to Physicians?
    July 8, 2025
    NanoViricides Reports Positive Anti-viral Effect of HIV Drug
    July 8, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: AbbVie, Angel Investors Restock Nanomedicine Leader Chad Mirkin’s Pharma Venture
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > AbbVie, Angel Investors Restock Nanomedicine Leader Chad Mirkin’s Pharma Venture
BusinessFinance

AbbVie, Angel Investors Restock Nanomedicine Leader Chad Mirkin’s Pharma Venture

Deanna Pogorelc
Deanna Pogorelc
Share
2 Min Read
SHARE

nano medicine

Originally published on MedCityNews.com.

For a Northwestern University biopharmaceutical spinoff, a second tranche of Series B funding will push along pre-clinical development of gene-regulating therapies for multiple diseases.

nano medicine

More Read

video marketing for medical practice
Even More Tips for Building a Branded YouTube Channel
Seeing Patients by the Dozen: Group Appointments Are Increasing
4 Things You Need To Know Before Launching A Health Restaurant
Expansion of Primary Care and Relationships Leads to Fewer ER Visits
Deploying Health IT and Patient-Centered Process Improvement for Innovation

Originally published on MedCityNews.com.

For a Northwestern University biopharmaceutical spinoff, a second tranche of Series B funding will push along pre-clinical development of gene-regulating therapies for multiple diseases.

AuraSense Therapeutics isn’t disclosing how much was raised in the second tranche of its Series B, but the company says funding came from AbbVie Inc. and angel investors including David Walt, a co-founder of Illumina, and Craig Mundie, senior advisor to the CEO at Microsoft.

According to SEC filings, AuraSense first secured $5.4 million in Series B funds back in 2011.

The startup is developing a platform for nucleic-acid based therapeutics with applications in oncology, dermatology, neurology and for immune disorders. It says its spherical nucleic acid (SNA) conjugates overcome the greatest obstacles to gene regulation: they don’t need carrier agents, they provoke minimal immune response and they have no known toxicity.

The technology is based on gold nanoparticles, which have also formed the foundation of several other drug companies’ platforms because of their accessibility, versatility and ability to attach easily to other molecules. AuraSense’s differentiator? Its scientific co-founder, Chad Mirkin, is a pioneer in the field of nanomedicine. He developed the first SNA constructs nearly two decades ago and has since founded four companies based on the technology. The FDA-cleared Verigene System, a diagnostic tool used to identify infectious disease and cancers, is based on SNAs.

AuraSense Therapeutics was formed as a subsidiary of another Mirkin company, AuraSense LLC, in 2011. Co-founder C. Shad Thaxton is a faculty member at Northwestern’s Feinberg School of Medicine.

TAGGED:health start-ups!pharma
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Health Care Buzz Today
Business
July 8, 2025
As We Mature (age), Things Change…
Orthopaedics
July 8, 2025
FDA Approves Roche (Genentech) Skin Cancer Drug–Zelboraf
Business
July 8, 2025
Smart Money on Pfizer?
Business
July 8, 2025

You Might also Like

circus-653851_1920
eHealthHospital AdministrationMedical InnovationsMedical RecordsMobile HealthTechnology

A Go Live of EPIC Proportions

October 15, 2015

Focus Healthcare Marketing to Improve Business Performance (Part 2)

February 3, 2014
Improve the ER
BusinessFinanceHospital Administration

5 Changes Implemented by a Florida Hospital to Improve the ER

November 8, 2014
doctor patient communication
eHealthHospital Administration

To Be Heard in Health Care, Choose Your Medium Wisely

June 10, 2014
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?