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RXi Pharma claims ‘first place’ in RNAi

Written byLloyd Dunlap
| 3 min read

WORCESTER, Mass.—RXi Pharmaceuticals Corp., which will soonbe spun-out by Cytrx Corp. to become an independent publicly traded company,has entered into an agreement with privately held TriLink Biotechnologies Inc.to exclusively license three RNAi chemistry technologies. These include apatented method of adding a peptide or other link to RNAi; novel RNAi-likechimeric RNA-DNA duplexes; and an undisclosed chemistry approach that haspotential to improve existing RNAi compounds, which have historically been bothunstable and somewhat nonspecific in vivo.

Although financial terms of the agreement are not beingdisclosed, it includes upfront and yearly minimum licensing payments, royaltiesof 1 percent or less from RXi to TriLink on sales of therapeutic productsdeveloped from the licensed technologies, and payments based on the achievementof certain clinical milestones.

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