Ronald Berenson, serial entrepreneur, is heading up DMD Therapeutics. (CoMotion Photo / Conrado Tapado) DMD Therapeutics, abiotechstartup that was spun out of the University of Washington by biotech entrepreneur Ron Berenson last year, is emerging from stealth mode. The startup announced that it raised a $400,000 seed fund round to pursue a possible treatment forDuchenne muscular dystrophy (DMD), a rare and severe form of muscular dystrophy. The funds come from three foundations dedicated to funding research for DMD treatments:Ryans Quest, Michaels Cause, and Pietros Fight. Inan SEC filing from last year, the company indicated it plans to raise $600,000 in initial funding. According to a news release, DMD Therapeutics first drug candidate was successful in preclinical trials in mice and will now move forward into human trials. The funds will fuel initialresearch and development efforts along with early manufacturing steps. Duchenne is a genetic disease that primarily affects boys. It causes muscles to become increasingly weak, meaning many who are affected lose the ability to walk and perform motor skills at a young age. This weakening of muscles eventually leads to death. Although there are some treatments that can limit symptoms of DMD, there are currently no treatments that targetthe … Continue reading
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