SanegeneBio Announces RNAi Licensing and Research Collaboration with Lilly
-Companies will collaborate on RNAi research for metabolic disease targets
SanegeneBio will be responsible for discovery and identification of the optimized LEAD™-based RNAi molecule for each program, while Lilly will be responsible for the subsequent IND-enabling studies, clinical development and commercialization.
SanegeneBio's LEAD™ platform has the potential to generate breakthrough therapies for metabolic diseases that could be administered subcutaneously as infrequently as twice per year.
"Partnering with Lilly represents a strong validation of our innovative and differentiated LEAD™ platform for tissue-selective delivery of RNAi medicines" said
Under the terms of the agreement, SanegeneBio will receive an upfront payment and equity investment and will be eligible to receive near-term milestone payments. SanegeneBio will also be eligible to receive up to
About SanegeneBio
SanegeneBio is a global, venture-backed, fully-integrated biotechnology company focused on developing RNAi-based therapeutics. Founded in 2021 and led by a team of RNAi veterans, the company has R&D operations in
View original content:https://www.prnewswire.com/news-releases/sanegenebio-announces-rnai-licensing-and-research-collaboration-with-lilly-302609299.html
SOURCE SanegeneBio
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