Life Technologies announced this week that it has signed a licensing agreement giving Suzhou Ribo Life Sciences the exclusive rights to use its Invivofectamine Rx delivery technology in the development and manufacturing of siRNA therapeutics in China.
Life Technologies said that it stands to receive milestones and royalties on the sale of products incorporating the technology. Additional terms of the arrangement were not disclosed.
"Adding Life's Invivofectamine Rx formulation technology into our development efforts will significantly increase our ability to bring new siRNA therapeutics to Chinese patients with unmet medical needs," Ribo CEO Zicai Liang said in a statement. "We look forward to bringing our first Invivofectamine Rx-based program targeting hepatitis B into the clinic in a relatively short period of time."