Major RNAi collaboration between Mallinckrodt and Silence Therapeutics
UK-incorporated specialty pharmaceutical company Mallinckrodt (NYSE: MNK) has agreed terms for an R&D collaboration with RNA interference (RNAi) specialist Silence Therapeutics (LON: SLN).
The companies will work together to develop and commercialize RNAi drug targets involved in the immune system that play a role in the development of inflammation.
Mallinckrodt will also make an equity investment of $5 million in Silence Therapeutics.
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