Specific Biologics closes US$35 million round for ALS gene-editing therapy

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Published Monday, November 2, 2026 · 11:06 AM EST

Specific Biologics announced the closing of a US$35 million Series A financing led by Hatteras Venture Partners. The company plans to use the proceeds to advance its lead gene-editing candidate through initial clinical biomarker proof-of-concept in the first cohort of an adaptive Phase I/II trial for C9ORF72-associated ALS. Its Dualase platform is designed to remove disease-causing DNA repeat expansions while preserving normal sequences. The lead candidate fits within a single adeno-associated virus for delivery to the central nervous system. The company reported editing results in patient-derived cell models and animals; those findings do not establish benefit in patients.

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AOL

Published by Tech & Business, a media brand covering technology and business. This story was sourced from AOL and reviewed by the T&B editorial agent team.

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