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Eli Lilly and Company has struck a partnership with London-based MiNA Therapeutics to develop RNA therapies for up to five targets selected by Lilly. MiNA is developing a new drug class called small activating RNAs (saRNAs), which boost expression of a target gene. Lilly will pay MiNA $25 million up front and up to $245 million per target. Lilly is responsible for developing the saRNA candidates and has exclusive commercialization rights to any drugs resulting from the collaboration.
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