SBI in new round for Quark Pharmaceuticals
Japan's SBI Holdings Group, the investment conglomerate behind the SoftBank family of funds, has made a further commitment of $10 million to investee company Quark Pharmaceuticals, a Californian developer of RNAi-based drugs.
With the investment, Yoshitaka Kitao, CEO of SBI Holdings, and Robert Takeuchi, Director of SBI Investment, will join the Quark board. Quark will use proceeds to advance its RNAi drug pipeline, which it...
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