€47 million for oligonucleotide candidate

Country

France

A consortium of predominately European investors is providing €47 million to Dynacure SAS of France to bring its candidate antisense oligonucleotide drug into the clinic for the treatment of patients with centronuclear myopathies.

Centronuclear myopathies are genetic disorders characterised by muscle weakness and wasting in the skeletal muscles. Dynacure’s lead product, Dyn101, is intended to treat these disorders by targeting dynamin 2, a protein that is implicated in cell processes such and cell motility and endocytosis.