The precision gene therapy company Encoded Therapeutics has announced a $104 million Series C financing.
Encoded is to use the money advancing its gene therapy program for severe genetic disorders, including its lead candidate in Dravet syndrome, a type of epilepsy.
Incubated by Illumina Accelerator and seeded by Venrock and ARCH Venture Partners, the Californian company claims that it has the potential to enable the development of gene therapies with greater cell-type selectivity, increased potency, and the ability to modulate the expression of endogenous genes.
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