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Dicerna Pharmaceuticals
Delivering RNAi-based breakthrough therapies to improve lives
About Dicerna Pharmaceuticals
Dicerna Pharmaceuticals, now a wholly owned subsidiary of Novo Nordisk, operates at the forefront of ribonucleic acid interference (RNAi) therapeutic development. The company was founded in 2006 by Douglas Fambrough, John "J.J." Bujalski, and Nobel laureate Phillip Sharp, leveraging their collective expertise to pioneer new treatments. A significant milestone in the company's journey was its acquisition by Novo Nordisk in a transaction valued at approximately $3.3 billion, which was completed in December 2021. This acquisition integrated Dicerna's specialized RNAi capabilities, particularly its proprietary GalXC™ and GalXC-Plus™ technology platforms, into Novo Nordisk's broader research and development strategy. Before the acquisition, Dicerna was a publicly traded entity on the Nasdaq exchange under the ticker symbol DRNA.
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The core of Dicerna's business is the discovery and development of therapies that use RNAi to silence genes responsible for causing or contributing to a range of diseases. The company's GalXC™ technology platform is engineered to create stable, potent, and highly targeted RNAi therapies. This platform has been instrumental in building a pipeline of drug candidates. Initially, the focus was on liver-targeted treatments for rare conditions, cardiometabolic diseases, viral infections, and chronic liver ailments. Building on this foundation, the GalXC-Plus™ platform extends the application of RNAi to tissues beyond the liver, opening up potential treatments for neurodegenerative diseases and pain. The company's business model involves both advancing its internal pipeline of drug candidates and forming strategic collaborations with major pharmaceutical companies. These partnerships provide non-dilutive funding through upfront payments, milestone achievements, and potential future royalties, while also expanding the reach and application of its RNAi technology. Dicerna's primary clients are these large pharmaceutical partners and, ultimately, patients with serious unmet medical needs across various therapeutic areas.
At a glance
- Founded
- 2007
- Headquarters
- Watertown, United States
- Listing
- IPO 2014
- Sector
- Biotech & Life Sciences
- Power Law
- Unicorn$1–10B valuation tierThoroughbred$100M+ revenue
Latest news
Press, funding announcements and product moves mentioning Dicerna Pharmaceuticals.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Abingworth- OPOxford Bioscience Partners
Skyline Ventures
Kyowa Kirin- HVHealthCare Ventures
SR One
Series B and later9 investors entered at this stage
RA Capital ManagementOmega Funds
Brookside Capital
Deerfield Partners
Domain Associates
Bain Capital Ventures
Cormorant Asset Management
EcoR1 Capital
Eli Lilly
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Patents
81 active patent families included in this estimate.
A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.
Market sentiment
An AI-synthesised read of the highest-engagement posts about Dicerna Pharmaceuticals on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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