CytRx

Galena Biopharma late last month completed its spinout of RNAi drugs subsidiary RXi Pharmaceuticals, ending a year-long saga that included an acquisition, litigation, and a management shakeup that included the loss of RXi's CSO.

CytRx said it sold the shares for $7 million.

Although the suit was first filed last summer, the courtroom showdown had been brewing for years.

The change follows a number of false starts RXi has made in regard to its pipeline, as well as the firm’s failure to meet previously stated partnering goals. But RXi is not alone in this respect, and management changeups in troubled times have been par for the course among RNAi drug shops.

The USPTO said that since the co-assignees of the Tuschl-I IP “have divergent interests, no one side can reasonably expect or be permitted to control the prosecution of [the] patent application [at issue] to the exclusion of the others.”

The court determined that Alnylam and Max Planck have “not shown a substantial likelihood of success” on the merits of their case.

While most companies working in the RNAi drugs field have been able to secure the money needed to maintain operations, a number of players in the space have bowed out under unfavorable circumstances.

In doing so, the Whitehead Institute for Biomedical Research, the Massachusetts Institute of Technology, and the University of Massachusetts have all asked that the court reject Alnylam Pharmaceuticals and Max Planck's request for an order blocking any Tuschl-I patent issuance.

American scientists find themselves once again warning the Trump administration not to dismiss science, the New Yorker report.

A new study suggests CRISPR could be used to save coral reefs from dying off, Forbes reports.

Researchers have found that the i-motif shape of DNA previously observed in the lab also exists in human cells, and that it may serve a purpose.

In PNAS this week: a genomic, transcriptomic, and metabolomic analysis of the tea plant, Arabidopsis thaliana's adaptations to specific local environments, and more.