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Alnylam Pharmaceuticals, Inc.

Alliance formed for intellectual property for RNAi therapeutics

Published in Pharma Investments, Ventures and Law Weekly, May 15th, 2005

Alnylam Pharmaceuticals, Inc., (ALNY), an RNAi therapeutics company, and Benitec, Ltd., (BLT), a developer of DNA-directed RNA interference therapeutics, announced a licensing agreement covering fundamental intellectual property (IP) in the field of RNA interference (RNAi).

Under the agreement, Alnylam will provide Benitec and its licensees an option to non-exclusively license Alnylam-controlled IP in the field of expressed RNAi: targeted gene silencing mediated by short interfering RNAs (siRNAs) generated from DNA constructs introduced into cells.

Upon Benitec's exercise of this option, Alnylam would receive license fees and be entitled to receive...

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