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Business
Glycomine raises $12 million
by Lisa M. Jarvis
November 21, 2016
| A version of this story appeared in
Volume 94, Issue 46
Rare disease-focused Glycomine has raised $12 million in its first major round of financing, with support from Sanderling Ventures, Chiesi Ventures, high-net-worth individuals, and patients. Glycomine is developing substrate replacement therapies for two rare genetic diseases—congenital disorder of glycosylation Type Ia (CDG-Ia) and N-glycanase deficiency (Ngly1)—that currently lack treatments. The roughly 1,000 people with CDG-Ia are deficient in phosphomannomutase 2, an enzyme needed to produce glycoproteins.
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