Google "ProNAi raising VC to fund phase two cancer studies"
And read the Crain's Detroit Business story dated Jan. 6 2013 and modified on Jan. 8 2013.
WOW! They are planning 2 phase 2 studies and one of them already started. The CEO has already met with more than 20 Pharma companies. They saw efficacy in the phase 1 study which has everyone excited given that you usually don't see it in phase 1.
If anyone is thinking of selling their MRNA shares after reading the story, you don't deserve to be called a biotech investor!