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Sirnaomics Receives SBIR Grant from NCI For Its Multi-Targeted Cancer siRNA Therapeutics
Date:10/28/2008

cocktail design together with the company's nanoparticle- mediated siRNA delivery vehicles in the rapid delivery of novel therapeutics. The company is dedicated to becoming the leader in the field of RNAi technology and its strong ties with biopharmaceutical communities in Asia (China) will allow the company to speed up its pre-clinical and clinical processes for novel siRNA therapeutic development at reduced cost. The company's proprietary "Tri-Blocker" technology for multi-targeted siRNA cocktail design and "Snano" series of nanoparticle delivery systems enable its advanced RNAi therapeutic programs for treatment of various critical human conditions including ocular diseases, viral infections, scarless wound repair and cancer.

"Receiving an SBIR grant from NCI further validates the scientific and business merits of our cancer therapeutic program using multi-targeted siRNA cocktails," said the founder, President and CEO of the company, also the Principle Investigator of the grant proposal, Dr. Patrick Y. Lu. "It is a successful extension of Sirnaomics product pipeline for siRNA therapeutics including the programs for ocular diseases, respiratory infectious diseases and scarless wound healing in their late stage of pre-clinical development." Dr. Lu further emphasized that the grants from various Government agencies provide a sustainable funding resource to the company in addition to its corporate partnership deals and venture capital investments. "Funding from Government is uniquely important for an early stage company like Sirnaomics, especially in the current financial environment."

Sirnaomics, Inc. is a privately held Delaware corporation headquartered in Gaithersburg, Maryland, USA. Established by a group of leading scientists in the field of RNAi technology, the company has the mission of advancing RNAi technology for novel drug discovery and targeted therapeutics development. After completing a pre-IND meeting with the FDA earlier this year, its
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SOURCE Sirnaomics, Inc.
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