Benitec Issued Dividend from Tacere Stock

Dec 23, 2010

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Benitec said this week that it has received a $161,674 dividend related to its stake in privately held RNAi drug shop Tacere Therapeutics.

In 2006, Benitec licensed its gene-silencing technology to Tacere for use in developing an expressed RNA-based treatment for hepatitis C (GSN 10/12/2006). The equity stake was part of the payment Benitec received for the license.

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