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On October 15, Hansen Pharmaceuticals has entered into an exclusive license cooperation agreement with Silence Therapeutics plc.
Screenshot source: reference [1]
RNA interference (RNAi) is a universal mechanism that uses non-coding RNA in living cells to control whether a gene is active and how active it is.
Silence Therapeutics is a biotechnology company dedicated to the development of a new generation of drugs.
According to the announcement, among the three target products of this cooperation, for the first two targets, Hansen Pharmaceuticals will have licenses in China (including Hong Kong, Macau and Taiwan) after completing Phase 1 clinical studies.
Silence Therapeutics will receive an upfront payment of US$16 million from Hansen Pharmaceuticals and will be eligible for up to US$1.
According to the announcement, Hansen Pharmaceuticals believes that with Silence Therapeutics' leading position in the development of siRNA therapy and its decades of scientific and technical experience, they see its mRNAi GOLD™ platform develop and bring better results for patients in China and the world.
Reference
Reference[1] Signed a license agreement with SILENCE THERAPEUTICS.
[1] Signed a license agreement with SILENCE THERAPEUTICS.
Retrieved Oct 15, 2021, from https://www1.
hkexnews.
hk/listedco/listconews/sehk/2021/1015/2021101500016_e.