ReCode Combines With TranscripTx, Raises $80m For Novel RNA Drugs

ReCode, whose platform allows for organ-specific delivery of RNA therapies, plans to start clinical trials in 2022 for its two lead programs in primary ciliary dyskinesia and cystic fibrosis.

Molecule of DNA forming inside the test tube equipment.3d rendering,conceptual image.
ReCode's LNP platform can deliver RNA therapeutics and other genetic medicines • Source: Shutterstock

ReCode Therapeutics and TranscripTx have combined their development of RNA-based medicines under one banner, emerging under the ReCode banner with $80m in series A venture capital to complete preclinical studies and begin clinical trials for two therapeutics candidates designed to treat genetic respiratory diseases. ReCode Therapeutics also will use its new funding to advance its lipid nanoparticle (LNP) platform for organ-specific delivery of RNA therapies and other genetic medicines.

David Lockhart, who was the president and CEO of TranscripTx, is leading the combined company going forward. The ReCode president...

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