Arrowhead Research's top executive this week reaffirmed that the firm's subsidiary Calando Pharmaceuticals is poised to complete enrollment in a phase I trial of its siRNA-based cancer drug CALAA-01 shortly and to strike its first industry partnership before the end of 2010.

"If data from the [ongoing] clinical trial continue to be positive, the value of such a deal could increase as the trial progresses," Arrowhead President and CEO Christopher Anzalone said in a letter to company shareholders.

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