Mirrx Therapeutics this week announced that it has formed a strategic alliance with the Centenary Institute of Cancer Medicine and Cell Biology in Australia, formalizing an ongoing collaboration focused on developing microRNA-blocking drugs for cardiovascular and oncology indicat
Mirrx Therapeutics this month scored a major victory in its efforts to secure European patent protection on its microRNA inhibition technology when a Danish court dismissed a lawsuit filed against the company by Santaris Pharma alleging misappropriation of trade secrets.
Mirrx said the agency's decision may mean it will have to wait as long as two years before it can secure the patent. During that time, it may be unable to secure additional investments needed to stay in business, the company said.
As part of a lawsuit seeking control of the technology, Santaris has successfully petitioned the European Patent Office to stay its review of Mirrx's patent application.
May 6, 2010