Two siRNA Companies Secure New Funding Totalling Over RMB 350m

Two Chinese biotech companies focused on small interfering RNA (siRNA) therapeutics, RigeRNA and Leaderna Therapeutics, announced new financing rounds on the same day, underscoring continued investor interest in the nucleic-acid drug sector. RigeRNA raised over RMB 200 million in a Pre-A round led by Bayland Capital, with proceeds to advance its lead siRNA candidate for IgA nephropathy (IgAN), which is already in Phase II trials. The company is developing a pipeline of first-in-class candidates for kidney and metabolic diseases.

Leaderna raised RMB 150 million in a Series A round led by Tao Capital. The funds will support the clinical development of its core siRNA pipeline, including a candidate for hypertension dosed every six months that is in Phase II trials, and a candidate for metabolic disease that aims to reduce fat while preserving muscle mass. The company leverages three proprietary technology platforms for oligonucleotide drug discovery and delivery, with a focus on expanding targeting beyond the liver to other tissues.

PharmCube's MedAlpha® database lists eight funding events in China's RNAi sector in 2026 alone, suggesting that activity in the field will surpass last year. Click here to request a free trial for MedAlpha®.

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