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PAQ Therapeutics Closes $30 Million Round for Autophagy-Caused Degredation

publication date: Jul 15, 2021

PAQ Therapeutics, a Cambridge, Mass. autophagy company, closed a $30 million Series A round from China investors. The company develops novel small molecule autophagosome-tethering compounds (ATTECs) designed to catalyze autophagy-dependent degradation of disease-causing substrates. PAQ's initial target is Huntington's Disease. The A round was led by Sherpa Healthcare Partners with Huagai Capital, MSA Capital, and MRL Ventures Fund participating, joined by seed investors, Nest.Bio Ventures and Matrix Partners China. More details....

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