CODA Genomics raises $7,000,000

CODA Genomics, Inc., a pioneer in applying Translation Engineering(TM) towards challenging protein expression, today announced it has secured $7 million in Series C financing. “The CODA Translation Engineering technology could well become a necessary tool for all researchers in the field of protein related drug development,” said Chad Waite, General Partner at OVP and CODA Genomics board member. “One of the major problems in moving many protein-related drugs from research to commercialization has been that, when the gene expression system is moved from a research scale to commercial scale, the host cells don’t properly express active protein, rendering it useless as a therapeutic. CODA’s technology provides a rational approach towards solving these problems, and can repair and enhance the expression of active therapeutic protein.”