Gene specialist Trace takes on ALS with $101 million
Trace Neuroscience, a newly launched biopharma based in San Francisco, aims to advance treatments for neurodegenerative diseases, starting with amyotrophic lateral sclerosis (ALS).
The company has secured $101 million in series A financing, led by Third Rock Ventures, with participation from Atlas Venture, GV, and RA Capital Management.
Trace is working on genomic therapies that restore the UNC13A protein, with the goal of re-establishing healthy communication between nerves and muscle cells, addressing one of the core issues in ALS progression.
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