Italy-based Resalis Therapeuticshas announced a strategic equity investment from Sanofi.
The company intends to use the proceeds, the value of which were not disclosed, to accelerate the development of its lead investigational candidate, RES-010, through a Phase II proof-of-concept clinical trial.
RES-010 represents a first-in-class antisense oligonucleotide targeting miR-22, a non-coding RNA that plays a pivotal role in the molecular pathways underlying obesity.
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