Irish biopharmaceutical firm Genable Technologies announced this week that it has acquired an exclusive, worldwide license to Benitec Biopharma's expressed RNAi technology for use in a treatment for the rare ocular disease rhodopsin-linked autosomal dominant retinitis pigmentosa.

Specific terms of the arrangement were not disclosed.

According to Genable CEO Jason Loveridge, the company struck the deal with Benitec as it prepares to advance its drug candidate, called GT038, through preclinical testing and toward the clinic.

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