InnoRNA

InnoRNA

Proprietary LNP platform for effective mRNA delivery, enabling advanced nucleic acid therapeutics. Learn more

Launch date
Market cap
-
Enterprise valuation
CAD655—982m (Dealroom.co estimates Mar 2022.)
Nanshan District Guangdong (HQ & founding location)
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DateInvestorsAmountRound
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$120m

Series B
Total FundingCAD164m

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Innorna, established in 2019, is a pioneering company that specializes in the research and development of a delivery platform for nucleic acid therapeutics, specifically mRNA (messenger RNA) technologies. mRNA is a type of RNA that carries genetic information from DNA to the ribosome, where it specifies the sequence of amino acids to make a protein. Innorna's business operates in the biotechnology and pharmaceutical market, serving clients who require innovative solutions for disease treatment and prevention.

The company's unique selling point lies in its proprietary LNP (Lipid Nanoparticle) and mRNA technologies. These technologies are designed to safely and effectively deliver mRNA into the correct cells, a challenge that has long plagued the industry. By overcoming this hurdle, Innorna has unlocked the potential of mRNA as a therapeutic tool, guiding cells to produce proteins that combat diseases.

Innorna's business model revolves around the commercialization of this groundbreaking technology. The company has filed 34 invention patents globally, protecting its innovative LNP and mRNA platforms. Through the rational design and optimization of mRNA sequences, Innorna has identified optimal ribosome-binding sequences, enabling more efficient and long-lasting protein translation. This has allowed the company to develop a diversified portfolio of mRNA medicine pipelines, offering a wide range of potential prophylactic and therapeutic strategies.

In terms of revenue generation, Innorna likely profits from the licensing of its patented technologies, partnerships with other biotech and pharmaceutical companies, and the sale of its mRNA therapeutic products.

Keywords: mRNA technologies, nucleic acid therapeutics, biotechnology, pharmaceuticals, proprietary LNP technology, disease treatment, disease prevention, protein translation, ribosome-binding sequences, patent licensing.