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Sirnaomics Received Multiple Government Fundings For Its Multi-Targeted siRNA Therapeutics Programs
Date:12/26/2007

ROCKVILLE, Md., Dec. 26 /PRNewswire/ -- Sirnaomics, Inc. announced today that the company has received funding from a variety of Government Programs. Sirnaomics, Inc. (http://www.sirnaomics.com), a biopharmaceutical company founded in early 2007, dedicates to advancing RNA interference (RNAi) Technology for novel drug discovery and targeted therapeutics development. The company's multi-targeted siRNA therapeutic programs and its nanoparticle-enhanced delivery technologies represent the unique approach for truly realizing advantages of small interfering RNA (siRNA)-based drugs, to treat various critical human diseases. Sirnaomics has been successfully attracting grants and investments from the State of Maryland, Department of Business and Economics Development (DBED), Maryland Industrial Partnerships (MIPS) and the Montgomery County Technology Growth Programs (TGP), in addition to the State of Maryland Tax Credit Program for Biotechnology Investment.

RNAi has emerged as a fundamentally important biological phenomenon and as a versatile, powerful tool for biomedical research. RNAi plays a multifaceted role in molecular biology by silencing genes through chromatin remodeling, interfering with protein synthesis, and in its best-studied mode of action quashing gene expression by cleaving messenger RNA. Experimental applications of RNAi have spurred the exploration of gene function in many basic research, drug discovery and clinical settings. The 2006 Nobel Prize for medicine and physiology and a number of corporate acquisitions and investments by Novartis, Merck, AstraZeneca and Roche injecting billions of dollars into this novel technology further fueled the enthusiasm for the great promise of siRNA therapeutics development.

Sirnaomics' mission is to advance RNAi technology with the proprietary positions on multi-targeted siRNA cocktail design and nanoparticle-mediated siRNA delivery for novel th
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SOURCE Sirnaomics, Inc.
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