InteRNA Technologies awarded €1.3m Innovation Credit

Published: 17-Nov-2010

Will support development of therapeutics to treat melanoma


InteRNA Technologies, a Dutch biopharmaceutical company developing pathway targeted microRNA (miRNA)-based therapeutics for cancer, has been awarded an Innovation Credit of €1.3m from the Dutch government.

The company says the award will support the development of miRNA-based therapeutics for the treatment of melanoma. Agentschap, an agency of the Dutch Ministry of Economic Affairs, Agriculture and Innovation, granted the funding.

The Innovation Credit is aimed at funding development projects with a high innovative character and strong commercial potential.

Roel Schaapveld, chief executive of InteRNA Technologies said: ‘It allows us to further strengthen the r&d team and speed up the development of our miRNA-based therapy to treat more advanced stages of this aggressive form of cancer for which there currently is no adequate treatment.’

The Innovation Credit will become available upon achievement of specific milestones.

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