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Grant - Additional Grants 2019 - DM – Locana

"DM is caused by expression of dysfunctional, repetitive RNA in diseased tissues, where application of Locana’s core RNA-targeting technology has been shown to have potential for single-dose therapeutic benefit and could provide a long-lasting approach for patients."
Locana, a leading RNA-targeting gene therapy company based on the work of one of its founders Gene Yeo, PhD, MBA, professor of Cellular and Molecular Medicine at the University of California, San Diego, was awarded MDA Venture Philanthropy (MVP) funding totaling $550,000 over two years to advance Locana’s development program for myotonic dystrophy (DM), the most common form of adult-onset muscular dystrophy. MVP funding is awarded to researchers developing therapeutics for neuromuscular diseases to help lower the barriers and bridge the high-risk stages of drug development.
Myotonic dystrophy is a genetic neuromuscular disease that affects multiple muscles and systems, including skeletal muscle, cardiac muscle, the gastrointestinal tract, and the central nervous system. In both types of DM, DM1 and DM2, genetic mutations in the form of large repeat expansions of DNA lead to the development of clumps of RNA that become toxic to healthy cells. (RNA is the molecular step between DNA and protein.)
Locana’s RNA-targeting platform technology aims to address a wide spectrum of human genetic diseases, including DM. Locana has advanced a powerful modular RNA targeting-effector approach that is distinct from DNA-targeting approaches (such as CRISPR/Cas9) and nucleic acid-based RNA targeting approaches (such as antisense oligonucleotides). Locana intends to build a portfolio of therapies that address the root cause of genetic diseases driven by dysfunctional RNA behavior.
Grantee: DM – Locana
Grant type: Venture Philanthropy Grant
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