City Therapeutics Announces $99.5 Million Series B Financing to Advance Next-Generation RNAi Therapeutics

CAMBRIDGE, Mass.--(BUSINESS WIRE)--City Therapeutics, Inc., a biopharmaceutical company leading the future of RNA interference (RNAi)-based medicine, today announced the completion of a $99.5 million Series B financing. Viking Global Investors and Sofinnova Investments participated in the financing as new investors, along with Casdin Capital and NYBC Ventures, joined by existing investors ARCH Venture Partners, Fidelity Management & Research Company, Invus, Slate Path Capital, Rock Springs