Dicerna Pharmaceuticals

Lexington, United States Founded: 2007 • Age: 19 yrs Listed Acquired By Novo Nordisk
Drugs are developed using RNA interference technology platform.

About Dicerna Pharmaceuticals

Dicerna Pharmaceuticals is a Healthcare company based in Lexington (United States) founded in 2007, and was acquired by Novo Nordisk in November 2021. Drugs are developed using RNA interference technology platform. It operates in the Healthcare and Technology sectors. Dicerna Pharmaceuticals has raised $106.45 million across 7 funding rounds from investors including Lilly, Novo Nordisk and RA Capital. The company has 337 employees. Dicerna Pharmaceuticals offers products and services including Wegovy and Ozempic. Its focus areas include Life Sciences, Genomics, Enabling Technologies and Technology Platforms. Its legal entity is DICERNA PHARMACEUTICALS INC. Its competitors include Alnylam, Denali Therapeutics and Avidity Biosciences; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2007, Dicerna Pharmaceuticals is based in Lexington, United States, within the biotechnology sector. Therapeutics are developed through RNA interference technology for various conditions. A lead RNA product targets hepatocellular carcinoma, while other candidates address primary hyperoxaluria, genetic liver diseases, cardiovascular issues, and hepatitis B virus. The GalXC platform is applied to silence genes associated with these diseases.

  • Headquarters Lexington, United States
  • Employees 337
  • Stage Acquired
  • Sectors
    Healthcare
    Technology
  • Email
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  • Phone
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  • Website dicerna.com
  • Social LinkedIn X Facebook
  • Acquired by Novo Nordisk (Nov 2021)
  • Legal Name Dicerna Pharmaceuticals Inc
Key Metrics
  • Annual Revenue
    $164.31 M (USD)
    587
    as on Dec 31, 2020
  • Net Profit
    -$112.75 M (USD)
    6
    as on Dec 31, 2020
  • EBITDA
    -$113.21 M (USD)
    12
    as on Dec 31, 2020
  • Total Equity Funding
    $106.45M (USD)

    in 7 rounds

  • Latest Funding Round
    $100M (USD), Post-IPO

    Dec 2018

  • Investors
    Lilly

    & 16 more

  • Employee Count
    337
  • Acquired by
    Novo Nordisk

    (Nov 2021)

Products & Services of Dicerna Pharmaceuticals

Dicerna Pharmaceuticals offers a comprehensive portfolio of products and services, including Wegovy and Ozempic.

Wegovy
Obesity Treatment

Medication for weight management in adults with obesity.

Ozempic
Diabetes Treatment

Drug for managing type 2 diabetes and related conditions.

Funding Insights of Dicerna Pharmaceuticals

Dicerna Pharmaceuticals has successfully raised a total of $106.45M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $106.45M
  • Total Rounds 7
  • Last Round Post-IPO β€” $100M
  • First Round $8.4M

    (Jul 2008)

  • Investors Count 16

All 7 funding rounds of Dicerna Pharmaceuticals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$100MPost-IPO––
Mar 2017$70MPost-IPO––
Aug 2013$60MSeries C–RA Capital Management
Oct 2010$4MSeries B––
Oct 2010$29.05MSeries B–Domain Associates
Jun 2010$5MSeries A––
–
Jul 2008$8.4MSeries A––
Valuation history

17 investors in total: 17 institutional.

Investors in Dicerna Pharmaceuticals

Dicerna Pharmaceuticals has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Lilly, Novo Nordisk and RA Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Life science & tech focused VC firm investing in the US
domainvc.comPrinceton, United States
US life sciences companies are invested in by Skyline Ventures.
skylineventures.comPalo Alto, United States
Investments are focused on pharmaceutical, biotechnology, and medical sectors.
baincapitallifesciences.comBoston, United States
Healthcare startups are funded by this venture capital firm.
Ponte Vedra, United States
Early stage venture capital firm investing in US
1973abingworth.comLondon, United Kingdom
Early stage VC firm investing in the US and Korea
oxbio.comBoston, United States
A biotechnology venture capital firm investing in innovative science.
srone.com
Venture capital firm focused on multiple sectors
brooksidecapital.comSan Francisco, United States
Private investment firm managing assets and expanding into equity, credit, and real estate services.
1984baincapitalprivateequity.comLondon, United Kingdom
Healthcare ecosystem is supported through investment and innovation by Deerfield.
deerfield.comNew York, United States
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Investor details for Dicerna Pharmaceuticals

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People of Dicerna Pharmaceuticals

1136 people are tracked at Dicerna Pharmaceuticals (545 in leadership, 9 in board & advisors, 582 in team); the tracked headcount is 337.

NameRoleGroup
Anne-Kristine Prag Steinitz
Corporate Vice President Strategic Scientific Communication, Global Medical AffairsLeadership
Cecilie Heerdegen Jepsen
Head Of Translational MedicineLeadership
Malgorzata Wnuk
Strategic Finance & Project DirectorLeadership
Allegra Kaufman
Executive Director, Clinical Development StrategyLeadership
Greg Horikoshi
Associate Director Commercial ExecutionLeadership
Claudia Laven
Vice President | Obesity CareLeadership
David Scott
Director, Legal, Ethics, Compliance And QualityLeadership
Sofie Inari Castella
Global Director, Scientific PublicationsLeadership
Rasmus Sonne Henniker Heaton
Sr. Business & Project PartnerLeadership
Ghita Bahbouhi
Supply Chain Analytics PartnerLeadership
Teresa Sophie K.
Director, IME & Medical Association PartnershipsLeadership
Ulrik Ullum
Senior DirectorLeadership
Katy Long
Snr Dir, HR Business Partner, International OperationsLeadership
Victor Vazquez
Talent Acquisition Partner Americas (latam, USA & Canada)Leadership
Al Willis
Senior Director - Deployment Strategy & Sales InnovationLeadership
Morten Engelund
Corporate Vice President, Total Rewards And MobilityLeadership
Briana Dunn
Associate Director Search And EvaluationLeadership
Jacob Sten Petersen
Corporate Vice President, Stem Cell R&DLeadership
Konstantinos Ratsikas
Senior Supply Chain PartnerLeadership
Pratik Dherange
Associate Director, Regulatory Affairs StrategyLeadership

1116 more people are available in the full profile.

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Timeline of Dicerna Pharmaceuticals

5 dated milestones of Dicerna Pharmaceuticals across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dicerna Pharmaceuticals is founded.
  2. Funding First funding round of $8.4M.
  3. IPO Lists on the stock exchange (IPO).
  4. Funding Latest funding round, Post-IPO, of $100.0M.
  5. Exit Acquired by Novo Nordisk.

Competitors of Dicerna Pharmaceuticals

Dicerna Pharmaceuticals has 3 listed competitors in our database, 3 of them funded. They include Alnylam, Denali Therapeutics and Avidity Biosciences.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
alnylam.com2002Cambridge, United States$17M2,100
RNA interference-based therapeutics are developed for multiple disorders.
denalitherapeutics.com2015San Francisco, United States$347M377
Neurodegenerative disease therapies are developed for Alzheimer's, ALS, and Parkinson's.
aviditybiosciences.com2012San Diego, United States$142.54M253
Antibody-siRNA complexes are developed for cancer treatment.
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Detailed competitors of Dicerna Pharmaceuticals

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Web traffic of Dicerna Pharmaceuticals

Websites that share an audience with Dicerna Pharmaceuticals (dicerna.com).

Similar websites

Websites whose visitors overlap most with Dicerna Pharmaceuticals. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cerecor.com
100%
View details
avanir.com
92%
View details
marinabio.com
marinabio.com
92%
–
concertpharma.com
92%
View details
sirnaomics.com
91%
1.9K#8,322,653View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Dicerna Pharmaceuticals

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Genomics & Gene Therapy Platforms

3 companies that operate in the same segment as Dicerna Pharmaceuticals (Genomics & Gene Therapy Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Digital sequencing technology for cancer detection is developed.
2012Redwood City, California, United StatesUSD 557.5 MUSD 982.02 M4,867
Circulating tumor DNA is screened for early cancer detection.
2016Menlo Park, California, United StatesUSD 2 BUSD 147.17 M1,141
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Related news about Dicerna Pharmaceuticals

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Frequently Asked Questions about Dicerna Pharmaceuticals

Dicerna Pharmaceuticals was founded in 2007 and raised its 1st funding round 1 year after it was founded.

Dicerna Pharmaceuticals is headquartered in Lexington, United States. It is registered at Lexington, Kentucky, United States.

Dicerna Pharmaceuticals is a funded company, having raised a total of $106.45M across 7 funding rounds to date. The company's 1st funding round was a Series A of $8.4M, raised on Jul 2008.

Dicerna Pharmaceuticals has 337 employees.

Annual revenue of Dicerna Pharmaceuticals is $164.31M as on Dec 31, 2020.

Founded in 2007, Dicerna Pharmaceuticals is based in Lexington, United States, within the biotechnology sector. Therapeutics are developed through RNA interference technology for various conditions. A lead RNA product targets hepatocellular carcinoma, while other candidates address primary hyperoxaluria, genetic liver diseases, cardiovascular issues, and hepatitis B virus. The GalXC platform is applied to silence genes associated with these diseases.

Dicerna Pharmaceuticals's top competitors include Alnylam, Avidity Biosciences and Denali Therapeutics.

Dicerna Pharmaceuticals offers Wegovy and Ozempic.

Dicerna Pharmaceuticals has 17 investors. Key investors include Lilly, Novo Nordisk, RA Capital, Bain Capital Private Equity, and Abingworth.

Dicerna Pharmaceuticals operates through Dicerna Pharmaceuticals Inc.

Yes. Dicerna Pharmaceuticals was acquired by Novo Nordisk in November 2021.

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