4D Molecular Therapeutics Secures Up to $11M More from CF Foundation to Accelerate 4D-710 Development

Core Insights - 4D Molecular Therapeutics Inc. has secured up to $11 million in additional funding from the Cystic Fibrosis Foundation to expedite the development of its genetic medicine, 4D-710, for cystic fibrosis [1][3] - The funding commitment includes an initial tranche of $7.5 million, bringing the total funding from the CF Foundation to approximately $32 million for 4DMT's cystic fibrosis programs [2][3] - 4D-710 has received both Rare Pediatric Disease Designation and Orphan Drug Designation from the FDA, highlighting its significance in treating cystic fibrosis, a disease affecting around 40,000 people in the US and 105,000 globally [3][4] Company Overview - 4D Molecular Therapeutics is a late-stage biotechnology company focused on developing adeno-associated virus vectors through its proprietary platform, Therapeutic Vector Evolution, based in the Netherlands and the US [4]