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Drug Development

Companies enter expanded agreement to develop, manufacture aptamers

Published in Cancer Weekly, August 24th, 2004

Sirna Therapeutics, Inc. (RNAI) and Archemix Corp. today announced that they have entered into a 4-year process development, analytical development and manufacturing alliance for all of Archemix's cGMP aptamers through phase 2a clinical development.

As part of this agreement, Sirna also granted Archemix a worldwide, perpetual, nonexclusive license to its intellectual property for the manufacture and commercialization of aptamers. In addition to payments for the manufacture of aptamers, Sirna will receive certain downstream consideration for the license granted to Archemix.

This agreement follows an October 2003 agreement between the companies that...

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